Alongside IDG in the $10m round for Fclub was Zero2IPO Ventures, the venturing unit of China-based data researcher and investment manager Zero2IPO.
IDG Capital, the China-based corporate venturing unit of US publisher International Data Group, has joined a consortium investing $10m in Fclub, an online clothing retailer.
Alongside IDG in the round was Zero2IPO Ventures, the venturing unit of China-based data researcher and investment manager Zero2IPO.
Last month, Zero2IPO started raising a RMB5bn ($770m) fund of venture capital funds after hiring Darren Shen, former general manager of the Asset Operation Division at Chinese Academy of Sciences, which had invested in IDG’s…