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China's retail industry has seen a drop of 8.8% in overall deal activity during Q4 2019, when compared with the last four-quarter average, according to GlobalData’s deals database.
GlobalData, China, retail mergers, acquisitions, ecommerce, investments, statistics
Club Factory, a China-based cross-border ecommerce company, has raised USD 100 million in Series D led by Qiming Venture Partners.
Club Factory, India, ecommerce, cross-border ecommerce, Qiming Venture Partners
Ecommerce company Club Factory has announced an expansion in the Indian market, under which it plans to onboard 10,000 sellers on its platform in 2019.
India, ecommerce, Club Factory, expansion, sellers, warehouse