55Haitao Garners $15,000,000 Series A Financing Round

Company Information

Company
55Haitao

Website

http://www.55haitao.com

Location
3452 E. Foothill Blvd. Pasadena, CA 91107

Description
55Haitao is China’s largest forum and shopping guide for Chinese cross-border shoppers. Founded by Alan Gu, 55Haitao.com creates and publishes unique Chinese deal content on their blog feed and in their forum where more than 20,000 user-generated posts are created daily.

Transaction Details

  • Date – 2/29/2016
  • Transaction Type – Venture Equity
  • Transaction Amount – $15,000,000
  • Transaction Round – Series A
  • Acquire / Investor(s) – JJ Capital
  • Acquire / Investor(s) – Undisclosed