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DisruptBJ Winner OrderWithMe Raises $3M in Series A
OrderWithMe, the TechCrunch DisruptBJ champion announced raising US$ 3 million in Series A round of funding led by Infinity Venture Partners and SOSventures.
Hangzhou-based OrderWithMe attended TechCrunch’s first ever DisruptBeijing conference this November and has won the Battlefield session with awards including Disrupt Beijing Cup and a US$ 50，000 check. The group buying service is aiming to bridge the gap between Chinese manufacturers and American buyers that lets small businesses can also buy in bulk together and get discounts that usually only big retailers can get – up to 70% discounts on fashion and furnishing items.
Just like how group buying business works, OrderWithMe hand-picks products from Chinese factories and features them on its website. If enough American merchants put their money on the table, the deal works; otherwise deal would be canceled.
OrderWithMe is currently undergoing a website revamp, the new site is expected to go online in 31 days.