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Hipac raised $100m in Series D financing round.

Synopsis

Hipac, an Hangzhou-based cross-border online shopping platform focusing on baby and maternal products, raised $100m in Series D financing round led by Anchor Partners. "Hipac plans to use proceeds from the latest funding round to recruit talent, enhance supply chain systems, and upgrade offline stores with intelligent systems," Zhao Chen, Hipac Founder and CEO.

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