Mother-focused social network operator Lamabang, backed by investors including VIPshop, has now raised about $130m in overall funding.
Lamabang.com, a China-based social networking service aimed at mothers and mothers-to-be backed by e-commerce company VIPshop, raised $100m in series C funding on Thursday.
Matrix Partners China, Greenwoods Asset Management and Morningside Ventures all invested in the round. China Money Network reported VIPshop led the round, though the company was not mentioned in Lamabang’s announcement of the funding.
VIPshop previously participated in Lamabang’s $20m series B round in July 2014, alongside Greenwoods, Morningside, Matrix and K2 Ventures. The social network…
