The Zhitong Finance App learned that according to media reports, the Chinese online pet store Poggy plans to launch an IPO and plan to raise at least 100 million US dollars. Its shareholders include Goldman Sachs and China Merchants Bank (03968).

Poggy had three previous financing activities. The C round of financing was completed on February 1, 2016, with a total amount of 102 million US dollars. This round was led by China Merchants Bank, and the original investors Goldman Sachs and management followed suit. Also, in 2014, Poggy announced the completion of Series B financing of 25 million US dollars. Investors included Goldman Sachs. Poggy's financing is mainly used for marketing, brand development and O2O business development.

According to data, Poggy was founded in early 2008, started as a forum community, then entered the pet e-commerce field, and entered the pet service field in 2014. It owns the pet app “Pooch Pet”.