Chinese handmade Toast brand Daddy Sweet has completed its first round of funding with more than 100 million RMB (US$15.46 million), led by IDG Capital. The new fund will be mainly used for upgrading brand image, marketing, and building flagship store.
Founded in 2015, Daddy Sweet opened its first store in Wuxi, Jiangsu Province in July 2016. It has more than 300 chain stores nationwide, covering more than 60 areas and . . .
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