China-based baby and childcare product company iPlus secured more than $10m in funding on Monday from Mitsui Global Investment, the growth investment division of Japan-based conglomerate Mitsui, and financial services firm the SBI Group, according to news provider PEdaily.
Founded in 2006, iPlus deals in mother-and-baby products and services, and has built up a distribution system across the area around the Yangtze River delta, where it now plans to establish a retail and service network that could consist of up…
