PatPat Clothing
PatPat clothing is a shopping website and app offering limited-time sales events featuring women, kids, baby, shoes, accessories, and home goods. They are well known for their unique, modern, and high-quality baby clothing and matching family outfits. PatPat is owned and operated in Mountain View, CA founded in 2014.
History[edit]
PatPat was founded in 2014, by close friends Albert Wang (CEO) and Ken Gao (COO) in Mountain View, California. Wang and Gao both earned their Master’s degrees in Computer Science at Carnegie Mellon University, in Pittsburgh, Pennsylvania. They also worked together as principal engineers at Oracle shortly thereafter. When Gao was expecting his first child, he explored options in the children's clothing industry which inspired him and Wang to create a shopping platform targeted to moms and their families.
Products[edit]
PatPat is Manufacturer to Consumer, or M2C retail, which is a model that eliminates several layers of traditional retail operations and passes the savings directly to the customer.[1] PatPat features thousands of products on their website and app across Women, Baby, Kids, Home, and Accessories. Customer reviews and feedback dominantly focuses on matching family apparel such as pyjamas, and swimwear.
Funding[edit]
PatPat has raised a total of $50.5M from two rounds of funding: $2.7M from IDG Capital on Nov 8, 2014[2] and $47.8M from Sequoia Capital China on Apr 19, 2018.[3]
References[edit]
- ↑ Nick Hastreiter (August 31, 2016). Huffington Post "Moms Are Making the Switch to Manufacturer to Consumer Retail". Retrieved March 13, 2019.
- ↑ Crunchbase Retrieved March 13, 2019
- ↑ Mars Woo (April 23, 2018) Venture Canvas "Asia Digest: Sequoia leads $48m round in China’s PatPat, Japan hiking app Yamap raises $11.1m" Retrieved April 4, 2019
External Links[edit]
This article "PatPat Clothing" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:PatPat Clothing. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
