Fashion App ‘Viss’ Has Been Acquired By AID Partners, the Private Equity Fund that Owns HMV Hong Kong and Singapore

viss

As reported in most Chinese media today, Viss, a fashion e-commerce and media platform, has been sold to AID Partners for an undisclosed amount.

AID, which is a private equity fund primarily focused on Greater China, has also purchased HMV Hong Kong and Singapore in the past. In just May of last year, Viss raised seed funding from new angel group 8 Plus Holding in the US $500k range, and had already gained a ton of traction: having been featured in Apple App Store’s ‘New and Noteworthy Frontpage’ and ‘What’s Hot’ section across 14 Asian countries, along with clocking 18M monthly page views on their website.

viss

The platform, which is fronted by co-founders Leo Ku and Ivy Wong, lets users explore different looks depending on fashion trends and categories and collaborates with major social media sites such as Facebook, Instagram, Wechat and Weibo to feature their fashionista userbase daily looks.

On the consumer side, Viss’ proprietary product matching technology lets online shoppers make purchases directly on the platform.

This is interesting news for the Hong Kong ecosystem – we’re trying to find time to sit down with founder Leo Ku to give us more details. Updating.

Viss on Startbase.HK: Viss

Leo Ku on Startbase.HK: Leo Ku

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Comments

  1. you should look into Ivy Wong profile instead of LK.