Xiu

Xiu
URL www.xiu.com
Slogan Inside wants out. 秀是本能。
Commercial? Yes
Type of site B2C
Available language(s) Chinese
Launched March 2008; 3 years ago (2008-03)
Current status Active

Xiu (simplified Chinese: 走秀网; traditional Chinese: 走秀網; pinyin: zǒuxiùwǎng) is a Chinese language web site for online shopping, operated in the People's Republic of China.

Founded by Mr. Ji Wenhong (George Ji) and Mr. Jin Huang in March 2008, it's a vertical e-commerce company, offering middle to luxury brand name fashion products - clothing, shoes, bags, ornaments, cosmetics and home decor. The company has been offering fashion services to more than two million Chinese internet elites for the past three years.[1] Xiu.com has buyer offices in New York, Los Angeles, Miami, Australia, Paris, London, Italy, Korea, Hong Kong and Japan.

Funding and investments

In April 2011,KPCB has invested $20 million in Xiu.com.[2][3]

In August 2011,xiu.com raised $100 million worth of joint fund from US private equity fund Warburg Pincus and venture capital KPCB. This marks the largest B round money raised among Chinese e-commerce industry in history and secured Xiu.com the top player position in China's fashion e-commerce.[4]

Xiu.com is reportedly targeting a 2012 US IPO.[5]

References

External links