Online fashion retailer Pomelo raised cash in a series B round featuring e-commerce firm JD.com that will be used to expand its product line.
E-commerce firm JD.com, Provident Capital Partners and Lombard Investments have provided $19m in series B funding for Thailand-based online fashion brand Pomelo, DealStreetAsia reported yesterday.
Retailer Central Group and e-commerce firm StartToday, through its corporate venturing division StartToday Ventures, also participated in the round.
Founded in 2014, Pomelo is an online retailer that sells its own branded clothing to customers in 40 countries, though it focuses on markets in Southeast Asia. The company has offices in Bangkok, Jakarta and Singapore.
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