Upon the official release of its new website, Hong Kong-based luxury marketplace Luxify has announced that it raised US$$800,000 of seed funding from unnamed investors in Asia and Europe. With the financing, the company is looking to hire more staff and enhance its platform in Hong Kong, London and Singapore.

Luxify is a premier online marketplace for customers to buy and sell new, vintage, and pre-owned luxury items by connecting buyers to dealers, collectors, and sellers in local markets. Luxify offers features according to the needs of both buyers and sellers, both professional and hobbyist.

The new website adds new functions like “Make an Offer” which allows buyers and sellers of luxury goods to directly negotiate. They’ve also streamlined the communication tools and social media integration, and added a geolocation interface that identifies each store. At the moment, the service takes no commission from customers.

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Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.