MBB K.K

China Manufacturing

MBB K.K sells women’s fashion handbags and accessories online through its direct sales website (www.mbaobao.com) and China s top online auction platform Taobao.com. It offers more than 1,400 bag products.

This investment was made under a previous strategy. We disclose information on all our current investments, but narrative information on our pre-2012 investments, when we introduced a new strategy, may be limited.

We are invested in MBB K.K through Legend Capital Fund IV, which is managed by Legend Holdings. For further information on the fund, the fund manager, and the expected impact of the fund’s investment, click here.

Key facts

Status:
Active
Region

Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

:
Rest of the World
Countries:
China
Sector

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.

:
Manufacturing
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

:
Intermediated investment
Fund:
Legend Capital Fund IV
Fund Manager:
Legend Holdings
Start date

For direct investments, this is the date CDC committed capital to the business or project.

For funds, this is the date that CDC committed capital to the fund.

For underlying fund investments, this is the date that the fund invested capital into the business.e

:
December 2010
Domicile

This is the investee company’s place of incorporation; or a fund’s jurisdiction.

:
India