Baby steps helping Mia.com to flourish
By Ma Si | China Daily | Updated: 2015-11-23 08:08
Breaking into the cross-border e-commerce market has been child's play for a startup with a difference.
Mia.com has managed to muscle its way into a sector dominated by Alibaba Group Holding Ltd and JD.com Inc, which is part-owned by Tencent Holdings Ltd.
Carving out a niche spot in baby products, the four-year-old company is now valued at about $1 billion after receiving $150 million in funding from search engine giant Baidu Inc in September. Last year, its transaction volume topped 400 million yuan ($62.9 million).
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