Moscow, Russia
KUPIVIP.RU is a prominent off-price fashion retailer that has been operating since 2008. The company offers significant value by providing ever-changing selections of brands and designer products at prices discounted up to 90% off retail values, presenting a savvy fashion shopping experience. Additionally, it serves as a key channel for brand partners to efficiently manage excess inventories while preserving brand integrity. In essence, KUPIVIP.RU acts as a service provider, delivering a range of e-commerce and retail turnkey solutions through its retail platform.
The latest investment in KUPIVIP.RU totaled $15.60M in a Series E funding round, which took place on 25th October 2012. The investment was led by MCI Capital SA, signifying confidence in the company's business model and growth potential.
Operating from Russia, KUPIVIP.RU has carved a niche in the E-commerce, Fashion, and Internet industries. The company's ability to offer attractive discounts on premium brands in a rapidly evolving e-commerce landscape positions it favorably for sustained growth and success.
