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ChicV
Cross-border e-commerce group for fast fashion brands
About ChicV
ChicV, also known as Guangzhou Xike Network Technology Co., Ltd., is a cross-border e-commerce group founded in 2015. The company is headquartered in Guangzhou, China, with a corporate structure that includes ChicV International Holding Limited in Hong Kong and Chicv UK Limited. The legal representative for the Guangzhou entity is Fan Wang, while Xingjian Yang is listed as a person with significant control for the UK entity. Co-founder Yang Xingjian is noted as a successful serial entrepreneur.
The company operates a portfolio of fast-fashion brands, with Noracora being one of its prominent sub-brands. Its primary business is centered on women's fashion, including apparel, footwear, and accessories, which it sells to an international market through a network of over 230 websites. ChicV's business model leverages a data-driven, flexible supply chain to manage its brand matrix. This model involves developing and maintaining the technological infrastructure for its e-commerce platforms, including features like automated product listings and image compression systems to enhance the online shopping experience.
ChicV's market strategy involves using performance-based advertising and, more recently, incorporating video ad campaigns to engage consumers in the shopping exploration phase, aiming to drive traffic and sales. The company's business activities encompass a wide range, from software development and e-commerce consulting to wholesale and retail of clothing and international freight forwarding. Despite its growth, the company has faced numerous customer complaints and accusations of being a scam, with reports of a large network of disposable websites and issues with order fulfillment.
Source: Dealroom company dataKnowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES BOther financing | Apr 2021 | $50M | $200M | Focustar Capital | — |
| ANGELOther financing | Mar 2016 | $2.1M | $8.3M | Lenovo Capital and Incubator Group (LCIG) | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for ChicV is 2.1K monthly website visits, up 50% over the last three months. ChicV's team grew 0% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Lenovo Capital and Incubator Group (LCIG)
Series A1 investor entered at this stage
- FCFocustar Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about ChicV on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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