Shenzhen-based Chinese beauty and cosmetics platform Meilapp.com has completed US$20 million series B financing led by Morningside Ventures, according to Chinese media reports.
GSR Ventures, IDG Capital and Yunqi Capital also participated.
The company says it will use the proceeds on marketing, brand building and team expansion.
Launched in 2013, Meilaipp.com has close to one million daily active users, who share and purchase beauty products and cosmetics through its web portal and mobile apps.
