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New Deal


Announced

Completed

Zhuanzhuan led a $100m Series C round in Plum.

Financials

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Transaction Value£86m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Acquisition

Domestic

online marketplace

Private

China

used goods marketplace

E-commerce

Friendly

Completed

Minority

Venture Capital

Single Bidder

Synopsis

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Zhuanzhuan, a used goods marketplace, led a $100m Series C round in Plum, a China-based online retailer specialising in second-hand apparel and accessories. The strategic investment will make Plum’s second-hand fashion goods available on Zhuanzhuan’s platform. So far, Plum, which claims to have the largest user base in China, has amassed over 2k luxury brands on its platform.

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