China Fashion and Lifestyle Investment News：Soup dining brand, Bakery Chain brand, Tea brands, Household e-commerce platform and Smart retail experience brand - Luxe.CO
Summary
The updates cover fashion, beauty care, food and dining, sports and fitness, hotel and travel, household products, culture and creativity, and other related fields. In the angel round financing, Soup Master raised nearly 6 million yuan led by Zhen Fund and followed by Mr. Kanglin Li, the partner of Tiantu Capital in March 2017. Tea leaf brand Gongjiyongyuan announced on May 14th that they raised millions of yuan in angel round financing from Weiwei Zhong, the partner of Kymco Capital. The household decoration e-commerce platform Quan5 announced on May 16th that they raised 70 million yuan in Series B financing, led by Fosun Ruizheng and followed by Galaxy VC and exiting investors, K2VC and Zhen Fund. Smart retail experience and data service provider Whale announced that they raised millions of yuan in angel round investment from Alpha Startups.