Tetherless Capital has invested RMB 100 million in Dengkang Company to enhance its position as a leading maternal and infant retail and service platform in Southwest China.

Target Company Overview

Tetherless Capital has recently invested RMB 100 million in Dengkang Company, a leading maternal and infant retail player in Southwest China. Established in 1995, Dengkang specializes in creating a one-stop shopping center for mothers and children aged 0-6, providing a diverse range of high-quality products and unique services aimed at delivering the best shopping experience. The company represents over 500 domestic and international maternal and infant brands and has established direct partnerships with more than 400 global suppliers. It features over 80,000 products across 20 categories.

In addition to retail, Dengkang offers a variety of premium maternal and infant services including maternity centers, postpartum recovery management, professional caregivers, swimming lessons for infants, pediatric massage, and family photography. This integrated approach has allowed Dengkang to build an ecological loop combining maternal and infant retail with health care services that meet the growing demands of modern mothers. The company operates over 50 large-scale stores across Yunnan, Guizhou, Sichuan, and Chongqing, holding significant market shares in cities like Kunming and Chongqing, and serves a membership base of over 700,000.

Industry Overview in China

China's maternal and infant industry continues to experience robust growth, with the market size surpassing RMB 3 trillion in 2018. The retail sales for products catering to children aged 0-3 account for more than RMB 660 billion, with offline channels maki