Lamabang.com completed $100 Million in Series C funding

What does Lamabang do?

Lamabang, is a Chinese social network and ecommerce company. It is a Shenzhen based maternal and infant social network platform. This Chinese social network and ecommerce company targets women at 4 different stages in their journey to motherhood: at pre-pregnancy, pregnancy, childbirth and parenting.

The previous Lamabang site is a portal with articles, forums, social network full of news feeds. It is not just about parenting. The topics also include lifestyle, healthcare and fashion.

How much Lamabang was funded?

Lamabang, the social network and ecommerce company had raised a $ 100 M in Series C finding on March 6th, 2015, led by online shopping site VIP Shop. Other investors include Morning Side Ventures, Matrix Partners China, Greenwoods Asset Management Limited.

Previous funding

• Several millions RMB Angell investment from K2 Ventures.
• $10 Million in Series A funding on August 2013
• $20 Million in Series B funding on July 8 th, 2014 by Greenwoods Asset Management, Morningside Private Investors, Vip Shop, K2 Ventures and Matrix Partners.
  
  What is next for Lamabang?

  With the latest round of funding, the value of the Chinese social network company, Lamabang stands at USD 1 Billion. It seeks to increase its number of users.

  More about Lamabang
  This Chinese social network and Commerce Company was founded in 2012 with its headquarters in Beijing. It was originally a web portal, Lmbang.
  Lamabang is a mobile app social networking platform for women, which helps them in 4 stages of their life, womanhood to parenthood that is from. Pre-pregnancy to early parenting. This mobile social networking app for moms is a good platform where they can share and communicate the life and growth of their babies.

  By the end of June 2014, Lmbang had more than 20 million users and 2.6M daily active users.