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Retail

China’s Qudian to pay $100M for 28.9pc stake in luxury ecommerce platform Secoo

June 3, 2020

Secoo is one of the key players in the luxury ecommerce market in China and Asia. Image credit: Secoo Secoo is one of the key players in the luxury ecommerce market in China and Asia. Image credit: Secoo

 

By Luxury Daily News Service

Qudian Inc., an online platform that offers consumer finance, will pay $100 million to become the largest single shareholder in Secoo, a leading Chinese luxury ecommerce platform.

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  1. Chandon launches ready-to-serve spritz collection
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  4. Gigi Hadid fronts new leather goods campaign from Miu Miu
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