China’s loungewear NEIWAi raised ￥150 million in a series round C funding led by Qiming VC. The company will be worth at ￥1 billion after the investment which will be used to improve operation efficiency, expand membership, increase product R&D, and expand domestic and overseas channels.
Established in 2015, NEIWAI is committed to developing and selling lounge wear , sports wear, and home fragrance. NEIWAI now has 60 offline stores in China.
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