Chinese e-commerce service platform Baozun has acquired Singapore’s luxury brand management company Full Jet Limited. In a separate development, Monad has raised 200 million yuan ($30 million) in a Series A round of financing jointly led by Lucion and ABclonal.
Alibaba-backed Baozun buys Singapore’s Full Jet
Alibaba-backed Chinese e-commerce service platform Baozun Inc., has picked up all shares in the Singapore-based luxury brand management company Full Jet Limited, according to a company statement. The deal size was undisclosed.
