E-commerce platform Plum completed a follow-on Series B fundraising on Thursday.
The follow-on funding totalled around $20 million and was led by Japanese information platform Recruit Holdings. Existing investors including Matrix Partners China, Qiming Venture Partners and Unity Ventures all participated.
The follow-on Series B funding comes a year after the Beijing-based company's previous round. Plum raised more than $10 million Series B funding in August 2018, led by Matrix Partners China along with IDG Capital and Qiming.
Plum is a platform which sells second hand luxury products, predominantly shoes, bags and clothes. The platform was launched in 2017. It offers a...
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