The Tencent and IDG-backed luxury goods and flowers retailer has raised series C funding that will help it expand its physical store network.
Roseonly, a China-based online flower and gift retailer backed by internet company Tencent, has secured $29m in series C funding from investors including venture capital firm Yuansheng Capital, China Money Network reported yesterday.
Yuansheng, which was formed last year by Richard Peng Zhijian, formerly head of mergers and acquisitions for Tencent, was joined in the round by two undisclosed Chinese investors.
Roseonly runs a service that enables users to order expensive flowers and other luxury goods such as chocolates, which…
