DLA Piper has advised CMH Growth Fund as the lead investor in the Series C financing of Ymatou, a leading e-commerce platform in China.

Founded in 2009, Ymatou is a shopping platform which offers a one-stop shopping experience to domestic consumers making overseas purchases in over 400 types of goods. Its ymatou.com platform has live broadcasts and other features selling well-known foreign brands from around the world to Chinese consumers. VC investors from prior rounds, including SAIF and Sailing Capital, continued to support Ymatou and co-invested in this round of financing.

CMH Growth Fund is a private equity fund co-sponsored by China Merchants Capital and Mizuho Securities. The fund focuses on China's industrial transformation and the upgrade of growth of investment opportunities.

The transaction was led by DLA Piper Corporate partner Gloria Liu, and she was assisted by registered foreign lawyer Jean Jiang.