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Citiesocial Founder Eric Wang wants to expand his e-commerce startup regionally this year. (Photo by Debby Wu)
Startups in Asia

Taiwan's upscale e-commerce platform Citiesocial looks to expand regionally

Startup raised $2.75m in Series A funding round led by Alibaba

DEBBY WU, Nikkei staff writer | China

TAIPEI -- Taiwan's online retail platform Citiesocial, which is gaining traction for its supply of quality items for everyday use, is seeking to expand into other parts of Asia with the proceeds of a recent fundraising.

The company, which sells items such as water bottles and kitchenware from emerging brands, raised $2.75 million in early January in a Series A funding round led by the Taiwan fund of Chinese e-commerce conglomerate Alibaba Group Holding.

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