Paton is a wholly-owned subsidiary of Cross-Border Communications, a domestic A-share listed company. With the mission of "Brightening Everyone's Life", it provides high-quality consumer products to individuals and families around the world, with customers in more than 30 countries and regions around the world. About Paton Serving 200 million consumers; sales exceeded 2.4 billion in 2017. Main categories Consumer electronics, smart home products, beauty and cosmetics, outdoor products Development History In April 2012, Paton was established. In June 2012, the first overseas order fulfillment center was established in California. In January 2013, the brand Mpow was founded, and the company's core competitiveness achieved a qualitative leap. In February 2013, it began its global expansion and entered the markets of European countries such as the United Kingdom, Germany, France and Italy. In December 2013, monthly sales exceeded 10 million yuan, and business expanded to more than 20 countries and regions around the world. In February 2015, it received RMB 12.5 million in Series A funding from Cross-Border Link. In December 2015, it officially became a wholly-owned subsidiary of K-Link. In October 2016, its parent company Cross-Border Link increased its capital by RMB 450 million, and its controlling stake reached 90%. In December 2017, annual sales exceeded 2.4 billion, making it one of the fastest growing companies in the industry. In March 2018, the team size exceeded 1,000 people and the office area expanded to 9,000 square meters. |
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