Hangzhou-based Chinese female e-commerce platform Mogujie says it has raised US$200 million in series D financing, the company announced on its official Weibo account.
The latest round valued the company at US$1 billion, though this information cannot be confirmed.
Mogujie previously received several million U.S. dollar series A funding from TBP Capital and Bertelsmann Asia Investments in 2011.
In January 2012, the company received series B financing from Qiming and Bertelsmann worth tens of millions U.S. dollars. In October, it received series C funding from IDG Capital, Qiming and Bertelsmann with similar amount of funds raised as its previous round.
Founded in 2011, Mogujie is a social sharing and shopping platform focused on young female consumers. The company, with web platforms and mobile apps, claims it has over 80 million registered users.