Club Factory
 | |
| Developer(s) | Jiayun Data Technology Co., Ltd |
|---|---|
| Initial release | 2014 |
| Engine | |
| Operating system | iOS, Android |
| Type | Online Shopping |
| License | Freeware |
| Website | www |
Search Club Factory on Amazon.
Club Factory is a fashion and lifestyle e-commerce online store, Club Factory has been created by Chinese Jiayun Date Technology Co., Ltd.[1] in 2014 and selling products like clothing, shoes, bag, jewelry, home and decor, beauty accessory, office item.
History
Club Factory is first launched in 2014 by Aaron Li and Vincent Lou[2] at Jiayun Data Technology Co., Ltd. The store allows people to shop directly from the factories which sell consumer electronics, lifestyle and fashion products.
Club Factory was positioning its market in some certain area like India, Europe, United States, Southeast Asia and Middle East[3]. In India, Club Factory owes its growth in the market to consumers described in The Times of India as "discount hunters" who opt for Chinese online retailers[4] due to their cheaper prices[5]
In 2018, the electronic commerce platform raised $100 million in a series C round of funding from existing investors IDG Capital and Bertelsmann Asia Investment (BAI), Club Factory gets its funds for future development.[6]
References
- ↑ Jiayun Date Technology Co., Ltd.[Baike.baidu.com]. Retrieved Jun 13, 2018.
- ↑ Mena Herald. "NEW ONLINE SHOPPING APP CLUB FACTORY LAUNCHES IN THE MIDDLE EAST". [Mena Herald]. October 11, 2016
- ↑ Krasia Writers. "Cross-Border E-commerce Platform Club Factory Banks US100 M to Fuel Expansion in Southeast Asia and Middle East", [KrAsia]. February 27, 2018.
- ↑ Samidha Sharma. "Chinese fashion e-tailers see increased demand among Indian shoppers". [Times of India]. November 27, 2017.
- ↑ Sonal Khetarpal. "Spreading Tentacles". [Bussiness Today]. May 6, 2018.
- ↑ Winnie Liu. "China's Club Factory raises $100m Series C". [AVCJ: An Acuris Company]. February 14, 2018
External links
This article "Club Factory" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Club Factory. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
|
This page exists already on Wikipedia. |
