Bertelsmann Asia Investments has returned for the cross-border e-commerce platform's latest round, having backed a series C round of equal size in early 2018.

China-based fashion e-commerce Club Factory picked up $100m yesterday in a series D round featuring Bertelsmann Asia Investments (BAI), a regional corporate venturing subsidiary of media group Bertelsmann. Venture capital firm Qiming Venture Partners led the series D round, which also included funding from fellow VC firm Frees Fund. Founded in 2014, Club Factory operates…

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