Sequoia Capital, IDG Capital, 5Y Capital, HIKE Capital and Capital Today led a $100m Series D1 funding round in Doublefs.

Financials

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Transaction Value£72m

Consideration TypeCash

Capital Owned-

Capital Bid For-

EV/Sales-

EV/EBITDA-

Share Price Premium-

One Off Charge-

bidder

5y Capital

target

DOUBLEFS

bidder

Idg Capital Partners

bidder

Sequoia Capital

bidder

Hike Capital

bidder

Capital Today

Sources

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Tags

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Private Equity

Domestic

Single Bidder

Friendly

China

E-commerce

Acquisition

Venture Capital

Minority

Private

Completed

fashion e-commerce platform

Synopsis

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Sequoia Capital, IDG Capital, 5Y Capital, HIKE Capital and Capital Today led a $100m Series D1 funding round in Doublefs, a cross-border fashion e-commerce platform. Doublefs founder Jocey Zhang is the former Chief Technology Officer of SoftBank-supported auto retailer Chehaoduo and has positions at Microsoft, The Walt Disney's holding video platform Hulu and the Chinese financial and asset management company CreditEase.