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Lpet opens overseas business focusing on cross-border ecommerce

PR Newswire

BEIJING, Sept. 12, 2018 /PRNewswire/ -- The 21 Pet Fair Asia ended in Shanghai in August, and Lpet successfully signed the China General Agent of TAURUS (a Japanese brand) at Pet Fair Asia.

Lpet E-mall is currently China's largest pet industry Internet B2B procurement platform. Including animal medicine, nutrition and health care, medical supplies, equipment, pet food and pet supplies. According to Tian Feng, co-founder of the company, more than 700 suppliers have partnered with the company and there are nearly 20,000 registered users. In order to better serve customers, Lpet has cooperated with well-known overseas pet products companies to bring high-quality overseas pet supplies to the country. At present, Lpet has established intentional cooperation with 500 domestic and foreign brands from Japan, the United States and Europe. More than 50 companies have reached procurement or official agency agreements. The agency brands include German Gimpet, Belgian VIYO, Canadian MEGAMZAON, and other international brands.

In addition, Lpet's cross-border e-commerce business has developed rapidly. At present, it has opened three bonded warehouses in Hangzhou, Hong Kong and Tianjin. With its advantageous geographical position and strong supply chain integration ability, it has made provided a stable source of high quality commodities, that are superior in price and shipped using rapid and reliable in logistics. At present, it has cooperated with international brands such as Onijen, ACANA, ANNAMAET, Beaphar and others.

Lpet is committed to providing solutions for overseas pet brands to enter the Chinese market. The sales team of more than 300 people all over the country will carry out marketing according to the different characteristics of overseas brands, to help overseas pet brands land in the domestic market faster and to better meet the domestic market demand for consumer upgrade.

The Lpet venture began in February 2014, an Internet technology company focused on the pet industry. Just one year later, pre-financing took place in 2015. In July 2017, a round of financing 100 million yuan was secured. In April 2018, Lpet completed another round of funding for 150 million yuan.

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