Lifestyle Vertical Dapu.com Claims $3M in Seed Funding

Dapu.com, the latest addition to the Chinese vertical B2C playground which is filled with casualties, reportedly raised US$ 3 million in seed funding, according to Wang Zhiquan, it’s founder and CEO.

Earlier this year, Wang resigned from his post as CEO with Coo8.com, the 3C-centric etailer he founded in 2006 and sold out to Gome in late 2010, and got himself busy for his new cause.

August 28 of this year, a new vertical dubbed Dapu went live. Dapu translates to Grand|Simplicity in English, the branding represents the company’s mindset of providing customers with quality products with simple design. “Dapu is a in-house designed brand that starts with home textile items and sells only online.” Wang once defined so.

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