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-Latest Financing -
Indian DTC glasses brand Clear Dekho received Series A financing
Picture source: Brand official
Recently, Indian DTC glasses brand Clear Dekho raised US$5 million in a Series A financing led by Venture Catalysts and Sphiti Cap. Other participants include Dholakia Ventures, NB Ventures, Estrela Ventures, Cornerstone, Boon Capital and FAAD Network.
Clear Dekho was founded in 2017 and provides glasses solutions to low-income people through its official website and offline stores. Currently, the brand operates more than 100 stores in India.
Editor's comment:
Due to the large-scale popularization of the Internet, people in third-tier and below cities have increased their Internet time, and more and more people are suffering from vision loss, and consumer behavior is undergoing structural changes. Overall, by 2025, the shipments of the Indian glasses industry will reach 427.4 million, with a compound annual growth rate of 10.55%. Clear Dekho's business has grown 18 times over the past four years, with revenue up 60% year-on-year, which is enough to prove its brand value.
Middle East e-commerce platform Kenzz completed seed round financing
Image source: Brand official
Recently, Middle East e-commerce platform Kenzz completed a seed round financing of US$3.5 million led by Outliers Venture Capital. This round of funds will be used for, team expansion, product categories and other aspects.
Kenzz was founded in 2022 and is mainly aimed at the Middle East and North Africa markets. The platform adopts the B2C model to eliminate middlemen and directly purchase products from local manufacturers to provide them to consumers. The platform also supports group buying services, which can provide them with discounts of up to 65%.
Editor's comment:
Kenzz is bridging the gap between traditional offline and online shopping, and is committed to solving problems such as consumers' resistance to online shopping. Currently, more than half of Kenzz's users come from first-tier and lower-tier cities. With the support of financing, Kenzz will establish a reliable and trustworthy social e-commerce platform to lower the threshold for online shopping.
-IPO dynamics-
Day Tu Investment is approved for listing in Hong Kong
Picture source: Brand official
day ago, Shenzhen Tiantu Investment Management Co., Ltd.'s initial public offering of overseas listed foreign shares (H shares) and listing on the main board of Hong Kong Stock Exchange Co., Ltd. was approved by China Securities Regulatory Commission . After completing this issuance, Tiantu Investment can be listed on the Hong Kong Stock Exchange main board.
Tiantu Investment is one of the earliest professional institutions engaged in equity investment in China. It has been focusing on the consumer industry for a long time. Well-known investment cases include Zhou Hei Ya , China Feihe , Naixue's Tea, Xiaohongshu, etc.
Editor's comment: If
is successfully listed, Tiantu Investment may become the first mainland VC institution to go public in Hong Kong. With its leading knowledge and experience in key areas such as growth laws, brand management, value-added services, Tiantu Investment has formed a unique investment system with brand as the core, and has the confidence and strength to impact listing.
baby toiletries manufacturer Baolutaiqi submitted an IPO application
Recently, Blue-Touch, a manufacturer of baby skin care products, toiletries and cleaning products, submitted an IPO application to US Securities and Exchange Commission , intending to raise up to $24 million through an initial public offering (IPO).
Baolutaiqi's operating entity company Fujian Baotai Technology Co., Ltd. began operations in 2014. It is mainly engaged in the design, development, and sales of baby skin care products, toiletries and household cleaning products under the "Blue-Touch" brand.
Editor's comment:
For many years, Blue-Touch has never stopped exploring track products, and has always regarded infant and toddler cleaning and care safety as an important quality demand, and has a core technology patent. In the long run, Blue-Touch will be expected to become an industry leader after its launch.
-Brand News-
bytes applied for registration of the " Douyin Movie Ticket" trademark
Picture source: pexels
Tianyancha App shows that recently, Beijing Zitiao Network Technology Co., Ltd. applied for registration of 2 "Douyin Movie Ticket" trademarks, with international classifications as education and entertainment and advertising sales. Currently, the trademark status is being applied for.
Previously, Byte acquired the ticketing platform Film Topaz, intending to create an online ticketing service and connect Film Topaz to Douyin.
Editor's comment:
Last year during the Spring Festival, Douyin announced that it would invest 400 million yuan to subsidize movie tickets, but it was eventually sold through other platforms. Now, if Douyin applies to register the "TikTok Movie Ticket" trademark, it can complete the conversion on its own platform and realize a closed loop within the site.
Naixue's Tea has a new company in Foshan
Picture source: pexels
Qichacha APP shows that Foshan Naixue Catering Management Co., Ltd. is established. The legal representative of is Pengxin , with a registered capital of 1 million yuan. The business scope includes: catering management; food Internet sales; small catering; small catering, snacks, small food workshop operations; alcohol management; bar services, etc.
Qichacha equity penetration shows that the company is wholly owned by Naixue’s tea affiliate Shenzhen Pindao Catering Management Co., Ltd. .
Editor's comment:
In fact, Naixue's Tea has opened bars in 2019 and opened three bars in one go. This time, the opening of a new company may be more deeply involved in the bar track and bring users a better offline experience.
-acquisition dynamics-
women's clothing brand Love, Bonito acquires sportswear brand Butter
Picture source: Brand official
Recently, Love, Bonito, the leading women's clothing brand in Southeast Asia, announced the acquisition of Singapore sportswear brand Butter.
Love, Bonito was founded in 2010. It made its fortune in the early days of blog e-commerce selling second-hand clothing. Later, it transformed into an omni-channel brand with independent designs. It has now grown into the largest omni-channel women's clothing brand in Southeast Asia. Butter was founded in 2020 by Singaporean female co-founders Olivia Yiong and Tiffany Chng.
Editor's comment:
Since financing last year, Love, Bonito has turned its attention to sportswear because it is one of the fastest growing clothing segments in the Asia-Pacific region. Overall, this cooperation will become a cultural integration between the two brands and further expand the customer circle.
Kanye acquires the US social media platform Parler
Picture source: Brand official
Recently, Parlement Technologies, the parent company of the social media platform Parler, announced that it has reached an agreement to decide to sell the company to the famous American rapper Ye (formerly named Kanye West, Chinese nickname Kanye).
This transaction is expected to be completed in the fourth quarter of 2022, and the specific amount of the transaction has not been disclosed.
Editor's comment:
Under the leadership of Ye, the Parler platform will ensure a place in an ecological environment that can accommodate all speech. This acquisition also represents Ye's entry into the social media field.
-Fashion Trend-
"PUMA Puma" launched a sustainable women's sports life series
Picture source: Brand official
Recently, "PUMA Puma" launched a new women's sports life series. The series includes long-sleeved T-shirts, leggings, imitation lamb velvet jackets and other products, each product is made of a certain proportion of recycled materials.
This time, PUMA Puma launched a new women's sports life series, which can meet women's clothing needs in different sports, and is suitable for daily styles in office and casual scenes, helping women calmly deal with changes in outfit scenes from professional sports to life and leisure.
Editor's comment: With the positive market of
, major giants are ready to enter the women's sportswear track, hoping to get a share. PUMA Puma is no exception. The women's sports life series launched this time will occupy a more segmented track and serve the female group better.
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