CITIC Capital Backs Japanese Luxury Brands Platform In $34M Round For China Expansion August 28, 2019

CITIC Capital, the flagship investment arm of Chinese financial conglomerate CITIC group, has participated in a JPY3.6 billion (US$34.02 million) new funding round in Reclo, a Japanese online re-selling platform for luxury brands. Tokyo-based Active Sonar, the operator of the e-commerce platform, confirmed in a statement released on its website last week that the investment […]

CITIC Capital Backs Japanese Luxury Brands Platform In $34M Round For China Expansion comes originally from China Money Network. All Rights Reserved.