Baixiao T

RetailSeries BNingbo, Chinabaixiaot.com

Latest round

Series B

Last raised

Jun 2022

Total raised

$25M

Investors

4

About Baixiao T

Established in 2016 and based in Ningbo, China, Muzhi Yichu is a company that focuses on men's clothing. Baixiao T, a brand created by Muzhi Yichu in January 2019, provides pure color T-shirt for men through e-commerce platforms. As of December 2020, Bai Xiao T's revenue exceeded RMB 100 million. In March 2021, Bai XiaoT's monthly revenue increased to nearly RMB 50 million, and the comprehensive repurchase rate of all channels exceeded 25%. Yong Zhang will remain as CEO of Baixiao T. The company mainly provides white T-shirt for business men aged 28-50.com, and Lifease. The company's main business is design and development of clothing, clothing, apparel, bags, shoes and hats, needlework, jewelry, handicrafts, plastic products, daily necessities, household goods, wholesale, retail and online business, manufacturing, processing. The company's revenue is generated by selling clothing. In the future, the company will expand marketing channels, such as Xiaohongshu, Zhihu, Weibo and other social platforms. In terms of sales channels, the company will sell products through live broadcasts this year. In terms of team optimization, Bai Xiao T plans to expand from the existing 150 people to a team of 500 people in 2021.

Who invested in Baixiao T

4 investors across 2 rounds

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Funding rounds

  1. Series B

    Jun 18, 2022

    Amount

    $25M

    Investors

    Locked

  2. Series A

    Apr 12, 2021

    Amount

    Undisclosed

    Investors

    Locked

Questions about Baixiao T

Who invested in Baixiao T?

Baixiao T has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Baixiao T raised?

Baixiao T has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Baixiao T last raise money?

Baixiao T's most recent round on record is a Series B, in Jun 2022.

What does Baixiao T do?

Established in 2016 and based in Ningbo, China, Muzhi Yichu is a company that focuses on men's clothing.

Where is Baixiao T headquartered?

Baixiao T is headquartered in Ningbo, China.

Which VCs invest in companies like Baixiao T?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back retail companies at Baixiao T's stage. Their profiles are linked below.

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