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HK fashion ecommerce platform Goxip secures $5m Series A funding

Friday, January 26, 2018

(DealStreetAsia by Mars Woo) - Hong Kong-based fashion discovery platform Goxip has raised $5 million in Series A funding round with Nan Fung Group’s The Mills Fabrica Fund contributing $1 million, according to the newly launched evergreen VC-focused investment firm.

Goxip plans to use the fresh fund to focus on further expanding its team in Hong Kong as well as to continue its expansion into Southeast Asia, particularly in Thailand.

The online fashion shopping platform seeks to achieve over HK$1 billion in sales this year and “to continue to inspire and build a new model of fashion and beauty commerce”.

Goxip is an online social commerce platform which combines fashion and beauty products from different online retailers, targeting fashion lovers and bloggers.


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