Boqii Pets closes USD60m new financing round

Boqii Pets has completed a new round of financing overseas of more than US$60 million. The proceeds from this round will be used to continuously deepen the commercialization of the one-stop pet comprehensive service platform.

Boqii Pets has completed a new round of financing overseas of more than US$60 million. The proceeds from this round will be used to continuously deepen the commercialization of the one-stop pet comprehensive service platform.

Investors in this round are optimistic about the development of the pet industry, especially China’s pet industry, and recognize the industrial layout and development philosophy of Boqii pets.

Boqii Pets is an operator of an online-to-offline (O2O) platform intended to provide quality pet products and services. The company develops an omni-channel supply chain and new retail strategies to provide pet owners with quality pet products, enabling pet owners purchase reliable and quality pet products easily.

Since its inception, Boqii Pets has grown into the largest pet ecological platform in China. Boqii Pets owns the largest pet vertical online retail business in China, an online pet community with the largest number of users in China.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/21/boqii-pets-closes-usd60m-new-financing-round/.

Leave a Reply

Your email address will not be published. Required fields are marked *