FClub

About FClub

Based in Shanghai, China, FClub was an e-commerce company that operated as an online marketplace for fashion products. Founded in 2009, the platform specialized in a flash sales business model, offering a curated selection of clothing and fashion accessories to its members for a limited period, typically five days. The company partnered with over 1,500 brands to acquire inventory, and its business strategy involved evaluating the sales performance of products to determine whether to continue selling them, switch to different styles from the same supplier, or end the partnership.

FClub targeted the market for mid-range clothing and accessories, with some offerings in the luxury space. The company successfully raised capital over two funding rounds. In April 2011, it secured its first Series A round for an undisclosed amount. This was followed by a more substantial Series B round in August 2012, which raised $30 million. This round was led by Investor Growth Capital (IGC) and included participation from previous investors IDG Capital and Zero2IPO Group, as well as SK Capital. At its peak, FClub reported having two million registered users, with 400,000 being active, and employed 500 people across its offices in Shanghai, Guangzhou, and Hong Kong. Despite its initial growth and significant funding, the company has since ceased operations and is considered deadpooled.