Cathay Capital Invests In Chinese Furnishing Retailer ABS

Apr 12, 2016Updated Apr 12, 20161 min read

Sino-Europe private equity firm Cathay Capital has made an undisclosed investment in Chinese home furnishing product retailer ABS through its Sino French SME Fund, says a company announcement.

“ABS stands out among the numerous other domestic home furnishing companies in China because it has established an innovative data-based development model and an omni-channel retail system,” says Cai Mingpo, president of Cathay Capital.

The private equity firm says it plans to leverage its home furnishing industry resources in China and France to assist ABS’ cross-border development.

Founded in 2009, ABS has developed from a tele and catalogue selling model to an omni-channel and direct sale model with the integration of an online retailing mall, offline brand stores and mobile apps.

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Mei Ling Tan

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Mei Ling Tan is the Editor of Retail News Asia, where she leads the editorial team in delivering in-depth coverage of Asia’s dynamic retail landscape. With over a decade of experience in business journalism, Mei Ling is known for her sharp analysis, deep industry insights, and commitment to uncovering the stories behind Asia’s most innovative retail brands. Before joining Retail News Asia, Mei Ling held senior reporting roles at regional business publications, covering everything from consumer trends to digital transformation in retail. A graduate of the National University of Singapore with a degree in Communications and New Media, she combines journalistic integrity with a strong understanding of evolving market forces. Outside the newsroom, Mei Ling is a frequent speaker at industry panels and a mentor for young journalists.

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