Offline retail service provider K+ closes multimillion-yuan Series A

Offline retail service provider K+ has recently received tens of millions of yuan in its Series A financing round from KK Group. Proceeds from this round of financing will be used to expand its market share, deepen upstream and downstream businesses and team building.

Offline retail service provider K+ has recently received tens of millions of yuan in its Series A financing round from KK Group. Proceeds from this round of financing will be used to expand its market share, deepen upstream and downstream businesses and team building.

Founded in October 2019, K+ mainly provides a range of digital solutions for brick-and-mortar retail merchants, including both retail-type merchants and business-facing merchants in service industries such as cinema, restaurants, etc.

In less than a year since its inception, K+ has served thousands of stores of nearly 10 retail brands.The company’s strategic partner brands include franchise giants such as Alibaba and KKV.

The business of K+ covers 100+ cities across China and currently has a monthly GMV of over 50 million yuan.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/07/02/offline-retail-service-provider-k-closes-multimillion-yuan-series-a/.

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