pet circle, a pet e-commerce platform, received US $125 million in financing

2022-04-19
203
53

作者:出海易

contents:

< span style = "; font family: 'droid sans fallback'; font size: 16px" > < span style = "font family: droid sans fallback" > recently, according to foreign media reports, pet circle, Australia's largest online professional pet company, has raised US $125 million in round C financing, which is led by Prysm capital and TDM growth partners</ Span > < / P >

< span style = "; font family: 'droid sans fallback'; font size: 16px" > < / span > < / P > < span style = "; font family: 'droid sans fallback'; font size: 16px" > < span style = "font family: droid sans fallback" > it is understood that in the latest round of financing, due to the participation of existing investors < / span > airtree ventures and new investors Baillie Gifford, the current valuation of pet circle has reached at least $1 billion, It has completely established the status of pet circle as an Australian pet e-commerce unicorn</ Span > < span style = "; font family: 'droid sans fallback'; font size: 16px" > Pet circle expects that the new financing will be used to continue to develop its software platform and expand the number of warehouses, transportation team and product promotion</ Span > < / P >

< span style = "; font family: 'droid sans fallback'; font size: 16px" > < / span > < / P > < span style = "; font family: 'droid sans fallback'; font size: 16px" > < span style = "font family: droid sans fallback" > < span style = "font family: droid sans fallback" > Pet circle has experienced significant growth in the past 18 months. According to the data, Australian residents spend more than $1000 in the pet industry every year, and more and more consumers choose online channels to buy pet products. In the past year, the sales of dog and Kitten Food on pet circle platform alone have increased by 50%</ Span > < / P >

< span style = "; font family: 'droid sans fallback'; font size: 16px" > < / span > < / P >

< span style = "; font family: 'droid sans fallback'; font size: 16px" > Michael frizel, founder and CEO of pet circle < / span > < span style = "; font family: 'droid sans fallback'; font size: 16px" > < span style = "font family: droid sans fallback" > < span style = "font family: droid sans fallback" >: "Our mission is to connect our customers with 24 / 7 veterinary advice and provide Australia's largest and best pet products and services by establishing an integrated platform. At pet circle, we put pet consumers at the center of our work in order to provide Australians with the best pet product consumption experience in the world."</ Span>

<span style= "; font-family:'Droid Sans Fallback'; Sans", "style=", "because of the influence of various industries, there has been a downward trend in consumption, but the pet industry has seen growth momentum. According to a recent survey by the Australian animal medicine industry, the number of pets owned by residents has increased significantly. At present, there are expected to be < / span > 30.4 million pets in the country. According to the report, 69% of households have pets nationwide, compared with 61% two years ago</ Span > < / P >

< span style = "; font family: 'droid sans fallback'; font size: 16px" > < / span > < / P >

< span style = "; font family: 'droid sans fallback'; font size: 16px" > in fact, the pet industry has an upward trend not only in Australia but also all over the world. Due to the impact of the epidemic on people's work style and pace of life, more and more people spend more time at home, so the demand for pet products is expanding. It is believed that the pet products market will continue to grow in the future, which may be a new opportunity for cross-border sellers</ span>


the content of the article is created by the author, who is responsible for the authenticity, accuracy and legitimacy of the content. Haiyi advocates respecting and protecting intellectual property rights. Without the permission of the author and / or this website, it is not allowed to copy, reprint or use the content of this website in other ways. If you find that there is a copyright problem with the articles on this site, please contact us chuhaiyi@baidu.com , we will verify and handle it in time