The curated cosmetics retailer completed a series B-plus round led by Orchid Asia Group and backed by existing investor SIG Asia.
China-based online health and beauty product retailer IDS BuyBuyBuy has closed a $40m series B-plus round featuring trading firm Susquehanna International Group (SIG), WWD reported on Tuesday.
Private equity firm Orchid Asia Group led the round, which also featured venture capital firm Lightspeed China Partners. SIG participated through investment vehicle SIG Asia.
Founded in 2017, IDS operates an e-commerce platform that curates a selection of cosmetics and health products that it highlights through messaging platform WeChat.
The company was founded…
