| Industry | Clothing |
|---|---|
| Founded | 2014 |
| Founder | Albert Wang and Ken Gao |
| Headquarters | California, United States |
| Website | https://www.patpat.com/ |
PatPat is a US-based kids clothing and maternal products brand founded in California in 2014.
Overview
PatPat was co-founded by college grads Ken Gao (COO) and Albert Wang (CEO).). The brand offers children clothing, toddler wears and matching family outfits.
According to Vogue Business, "Patpat has been called the Shein of childrenswear."
In January 2023, PatPat launched its new L.O.L. Surprise! collection in partnership with MGA Entertainment’s L.O.L. Surprise! Brand.
PatPat was backed by The SoftBank Vision Fund 2. It also raised $510 million in two funding rounds from Chinese investors in 2021. The company’s post-money valuation is reportedly between $1 billion and $10 billion.
References
- ^ "Modern Payment Options Help Clothing Company Give Families a PatPat on the Back". PayPal Newsroom. Retrieved 2024-12-04.
- Hu, Cassie (2021-10-22). "China's childrenswear market: seizing the three-child policy opportunity". Vogue Business. Retrieved 2024-12-04.
- "PatPat Launches Collaboration with MGA Entertainment's L.O.L. Surprise!". License Global.
- Hartsock, Bug (2024-01-09). "Fall in Love with New PatPat x L.O.L. Surprise! Collection This Valentine's". The Toy Insider. Retrieved 2024-12-05.
- "SoftBank-Backed Kids Clothing Site PatPat Weighing IPO, Sources Say". Bloomberg.com. 2022-03-09. Retrieved 2024-12-11.
- "US-based babywear startup raises $510m from Chinese investors". Nikkei Asia. Retrieved 2024-12-11.