logo
logo

Markai Raises $4M From Pear Vc, Sea Capital And Others To Buy Chinese E-Commerce Brands

Dec 01, 2021over 3 years ago

Amount Raised

$4 Million

Round Type

seed

Description

China has attracted yet another e-commerce roll-up to enter its gargantuan e-commerce market. Markai, founded by two Stanford business school grads, has joined the fray to buy out Chinese brands seeking global consumers.

Company Information

Company

Markai

About

China is just Markai’s starting point, as the startup plans to hunt down brands from all across Asia and bring them to a global audience. The company also raised several millions of dollars in debt but declined to disclose the amount. Signia Venture Partners, Western Technology Investment, Graph Ventures and other “prominent” angels across the U.S. and Asia also participated in the round, said Markai.