Chinese e-commerce SaaS platform Dianxiaomi has secured $100 million in Series C, according to a 36Kr report. Tiger Global Management and China Renaissance’s Huaxing Growth Capital co-led the round with participation from returning investors GGV Capital, CDH Venture and Growth Capital, and Gaorong Capital. The proceeds will reportedly be used for recruiting talent, upgrading the service system, R&D, and globalization. The Shenzhen-based company provides enterprise resource planning software to Chinese cross-border sellers, helping them to track shipment orders and inventories and to manage customer relations and accounting. Founded in 2014, the company now provides services to 120,000 merchants around the world with its annual transaction volume hitting over 300 billion RMB ($48 billion), according to its official website. [36Kr, in Chinese]

Categories: Tech

Subscribe to recieve updates

Generated by Feedzy