Beijing-based Chinese high-end flower and gift O2O (online-to-offline) business roseonly has received close to US$10 million series C round of financing from IDG Capital and Accel Partners, according to Chinese media reports.
The latest round values the company at US$100 million, says the reports. But the valuation cannot be verified.
Roseonly previously received several million RMB series A financing from Beijing-based publishing company Trends Online Co. Ltd. last March.
In October 2013, it received series B financing of several million U.S. dollars from Tencent Holdings Ltd.
Founded in 2013, roseonly delivers high-end roses, chocolate and other gifts to consumers. A box of nine roses retails at RMB1,314 (US$211).
The company has one store in Beijing, and plans to open more in other major Chinese cities.