IDG Ventures has invested an undisclosed sum reportedly sized at several million dollars in the e-commerce company.
China-based e-commerce company Jiemi has secured an undisclosed amount of series A funding from IDG Ventures, a corporate venturing subsidiary of technology research and media corporation International Data Group, Tech in Asia reported yesterday.
The amount invested by IDG amounts to “several millions of US dollars.” Founded in 2014, Jiemi enables customers to purchase goods from across the world at a discount.
Sellers, once verified, take photos of local goods and post them on the marketplace where other users can…