Oscart is a social e-commerce start-up focusing on fine products. We work directly with manufacturers to source quality products with reasonable price, and our products cover various categories such as home goods, kitchen, beauty, pets, etc. We offer a paid membership program where VIP members can enjoy 15% savings on average. VIP members are also encouraged to share products through their own social network and earn 10%-30% rewards when anyone in their social network makes a purchase. Our business model allows us to collect a significant amount of orders for most needed products in a fast and predictable fashion. By learning the consumers’ demand in a most efficient way, we are able to improve the supply chain efficiency. In this way, the cost of our products can be noticeably lower. Our management team includes e-commerce veterans who have 15 years’ experience, social e-commerce pioneers with proven success record and world-class buyers who possess business acumen. We have secured a $10M-level round of angel funding led by Gaorong Capital & Matrix Partners.