Markai raises $4M from Pear VC, Sea Capital and others to buy Chinese e-commerce brands – TechCrunch
China has attracted yet another e-commerce roll-up to enter its gargantuan e-commerce market. Markai, founded by two Stanford business school grads, has joined the fray to buy out Chinese brands seeking global consumers. So-called brand roll-ups, or e-commerce aggregators, have cropped up in Europe and the U.S. over the past few years. Usually venture-backed, they […]
Source: techcrunch.com