China’s house furnishing and construction material B2B platform Xiaopangxiong raised ￥130 million in a series B round funding led by Immensus Captial, and followed by Yunqi VC and Matrix Partners China. The investment will be used to recruit talents, upgrade system, improve consumer experience, and expand Chinese market.
Established in 2013, Xiaopangxiong provides cost-effective one stop supply chain service to furnishing companies and lead construction workers. There are 6,8000 registered users on the platform with an accumulated orders of over 4,5000. It has more than 1,2000 SKU in its data base covering over a hundred construction material brands.
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