China: IDG, Bertelsmann back $100m round in e-commerce firm Club Factory Photo: Club Factory website Juliet Shwe Gaung February 14, 2018 PremiumClub Factory, a Chinese e-commerce platform, has raised a $100-million Series C round led by IDG Capital and Bertelsmann Asia Investments (BAI), according to a report by AVCJ. Continue reading this story with a subscription to DealStreetAsia. Subscribe Already a subscriber? Log in Should your colleagues be reading this article too? Contact us for corporate subscriptions at firstname.lastname@example.org.