What is Spring? Spring Review

history

Alan Tisch, David Tisch and former Google employee Octavian Costache founded Spring in 2014. The name comes from a street full of interesting shops near New York's SOHO. In the early days of Spring, only the App was launched, and the web version was released in 2015.

introduce

Spring Fashion has more than 1,500 brands for you to choose from, including beauty, clothing, daily DIY products, children's products, etc. The products sold are all from the brand's official website or famous department stores such as Neiman and Fifth Avenue.

Spring's average order value is around US$150, with free shipping across the entire network and free return and exchange services.

Spring takes a 15% to 20% commission on each order.

Financing

In April 2015, Spring announced that it had received US$25 million in Series B financing, with investors including BoxGroup, Google Ventures and Yuri Milner, who guided Lei Jun and Zuckerberg.

In May 2017, Spring announced the completion of a US$65 million Series C financing round.

References

• 1. Spring, a new generation fashion shopping website, completes $65 million Series C financing: Sohu [cited date 2017-05-11T16:00:00.000Z]
• 2. This is called Spring e-commerce, and I can share with you some methods of selling to young people: Personal Library [reference date 2015-11-27T16:00:00.000Z]
• 3. Mobile e-commerce company Spring received USD 25 million in Series B funding: ebrun [cited on 2015-04-16T16:00:00.000Z]