Alibaba Group

Alibaba Group facilitates online marketplaces connecting buyers and sellers globally. It specializes in retail and wholesale transactions via platforms like Taobao and Tmall. Additionally, it offers cloud computing services and digital media entertainment.

Tony Park

Senior Director, Head of International Business

Amy Young

US Investment Associate

Michael Zeisser

Chairman, US Investments

Past deals in E-commerce

ABLY

Corporate Round in 2024
ABLY is a fashion platform and open e-commerce marketplace that enables sellers and influencers of various sizes to open online stores and offer products across fashion, beauty, lifestyle, and food. It operates a mobile app powered by a proprietary AI recommendation algorithm that personalizes product selections for each user, delivering curated shopping experiences.

Lazada

Corporate Round in 2024
Lazada is a leading e-commerce platform operating in Southeast Asia, with a presence in Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. It serves as an online shopping and selling destination for over 100,000 local and international sellers, as well as 2,500 brands, connecting them with the region's 560 million consumers. Lazada's marketplace platform is supported by a wide range of tailored marketing, data, and service solutions, ensuring a seamless shopping experience through a vast network of logistics partners and its own first- and last-mile delivery capabilities. It offers multiple payment methods, including cash-on-delivery, extensive customer care, and free returns, enabling a diverse product range from consumer electronics to fashion and sports equipment.

Lazada

Corporate Round in 2023
Lazada is a leading e-commerce platform operating in Southeast Asia, with a presence in Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. It serves as an online shopping and selling destination for over 100,000 local and international sellers, as well as 2,500 brands, connecting them with the region's 560 million consumers. Lazada's marketplace platform is supported by a wide range of tailored marketing, data, and service solutions, ensuring a seamless shopping experience through a vast network of logistics partners and its own first- and last-mile delivery capabilities. It offers multiple payment methods, including cash-on-delivery, extensive customer care, and free returns, enabling a diverse product range from consumer electronics to fashion and sports equipment.

11Street

Acquisition in 2023
11Street is an online marketplace that offers a diverse range of products, including clothing, beauty items, sports equipment, groceries, household goods, and electronics. The platform is designed to enhance the shopping experience for both customers and sellers by providing a fast and convenient global shopping portal. Through its extensive selection of brand fashion and accessories, 11Street aims to cater to the varied needs of consumers while facilitating seamless transactions between buyers and sellers.

Lazada

Corporate Round in 2023
Lazada is a leading e-commerce platform operating in Southeast Asia, with a presence in Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. It serves as an online shopping and selling destination for over 100,000 local and international sellers, as well as 2,500 brands, connecting them with the region's 560 million consumers. Lazada's marketplace platform is supported by a wide range of tailored marketing, data, and service solutions, ensuring a seamless shopping experience through a vast network of logistics partners and its own first- and last-mile delivery capabilities. It offers multiple payment methods, including cash-on-delivery, extensive customer care, and free returns, enabling a diverse product range from consumer electronics to fashion and sports equipment.

Lazada

Corporate Round in 2023
Lazada is a leading e-commerce platform operating in Southeast Asia, with a presence in Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. It serves as an online shopping and selling destination for over 100,000 local and international sellers, as well as 2,500 brands, connecting them with the region's 560 million consumers. Lazada's marketplace platform is supported by a wide range of tailored marketing, data, and service solutions, ensuring a seamless shopping experience through a vast network of logistics partners and its own first- and last-mile delivery capabilities. It offers multiple payment methods, including cash-on-delivery, extensive customer care, and free returns, enabling a diverse product range from consumer electronics to fashion and sports equipment.

UniUni

Series A in 2023
UniUni specializes in last-mile delivery solutions for e-commerce businesses. Its innovative technology ensures reliable, affordable, and flexible services across North America.

Lazada

Corporate Round in 2022
Lazada is a leading e-commerce platform operating in Southeast Asia, with a presence in Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. It serves as an online shopping and selling destination for over 100,000 local and international sellers, as well as 2,500 brands, connecting them with the region's 560 million consumers. Lazada's marketplace platform is supported by a wide range of tailored marketing, data, and service solutions, ensuring a seamless shopping experience through a vast network of logistics partners and its own first- and last-mile delivery capabilities. It offers multiple payment methods, including cash-on-delivery, extensive customer care, and free returns, enabling a diverse product range from consumer electronics to fashion and sports equipment.

Lazada

Corporate Round in 2022
Lazada is a leading e-commerce platform operating in Southeast Asia, with a presence in Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. It serves as an online shopping and selling destination for over 100,000 local and international sellers, as well as 2,500 brands, connecting them with the region's 560 million consumers. Lazada's marketplace platform is supported by a wide range of tailored marketing, data, and service solutions, ensuring a seamless shopping experience through a vast network of logistics partners and its own first- and last-mile delivery capabilities. It offers multiple payment methods, including cash-on-delivery, extensive customer care, and free returns, enabling a diverse product range from consumer electronics to fashion and sports equipment.

Cabana

Series A in 2022
Cabana is a new home furnishings retail brand focusing on global design furniture. Cabana offers modern design furniture, lamps, and lifestyle brand products. Cabana provides a variety of products and exclusive services for new consumers.

Lazada

Secondary Market in 2022
Lazada is a leading e-commerce platform operating in Southeast Asia, with a presence in Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. It serves as an online shopping and selling destination for over 100,000 local and international sellers, as well as 2,500 brands, connecting them with the region's 560 million consumers. Lazada's marketplace platform is supported by a wide range of tailored marketing, data, and service solutions, ensuring a seamless shopping experience through a vast network of logistics partners and its own first- and last-mile delivery capabilities. It offers multiple payment methods, including cash-on-delivery, extensive customer care, and free returns, enabling a diverse product range from consumer electronics to fashion and sports equipment.

KNOWIN Trend Lab

Venture Round in 2021
Knowin is a vertical community e-commerce platform for sports categories dedicated to creating a trendy fashion space for young people.

T11 Food Market

Series B in 2021
T11 Food Market operates a retail supermarket that provides fresh groceries through both an online platform and physical stores. The company utilizes smart retail technology to enhance supply chain operations, ensuring the delivery of high-quality fresh food products. By combining online accessibility with offline shopping experiences, T11 Food Market aims to offer customers a safe and efficient way to obtain fresh groceries.

Xiaohongshu

Series E in 2021
Xiaohongshu, founded in 2013 and based in Shanghai, China, is a lifestyle sharing platform that allows users to share experiences through text, images, and videos. Initially aimed at assisting overseas travelers with shopping, it has transformed into a vibrant community focused on various lifestyle areas, including cosmetics, fashion, food, travel, entertainment, reading, fitness, and childcare. The platform serves as a social e-commerce space where users can post their favorite products, share shopping experiences, and discover global merchandise, particularly in luxury and beauty sectors. By fostering user-generated content, Xiaohongshu encourages a collaborative environment for lifestyle enthusiasts to exchange insights and recommendations.

AliExpress Russia

Funding Round in 2021
AliExpress Russia is a prominent e-commerce platform operating in Russia, facilitating cross-border and domestic trade. It provides a digital marketplace for buyers and sellers to exchange a wide variety of products.

The CrownX

Private Equity Round in 2021
The Crown X is an integrated consumer-retail platform.

Trendyol

Corporate Round in 2021
Founded in 2010, Trendyol is a leading Turkish e-commerce company offering a wide range of fashion products, including clothing, shoes, accessories, cosmetics, and home decorations. With over 2000 employees, it aims to provide customers with a seamless shopping experience driven by technology.

Nice Tuan

Series C in 2020
Nice Tuan is an e-commerce platform specializing in fresh produce, beverages, leisure food, and a variety of daily supplies. The company operates a community-focused model, partnering with local residential communities to source products from nearby warehouses and producers. By doing so, Nice Tuan aims to provide comprehensive grocery and household item offerings tailored to the needs of local residents. The platform emphasizes efficiency and convenience, striving to create a well-integrated community e-commerce ecosystem centered on daily groceries and fresh produce.

Farfetch

Corporate Round in 2020
Farfetch is an online platform established in 2008 that connects buyers and sellers in the luxury fashion sector. It collaborates with over 1,000 independent boutiques and luxury brands, offering a diverse range of products, including clothing, accessories, and footwear. The company operates a comprehensive e-commerce website that enables these retailers to showcase their inventories to nearly a million active customers. Farfetch's technology infrastructure is designed to facilitate the luxury fashion ecosystem, featuring an API-enabled proprietary technology stack that supports applications, services, and data management. The platform also includes the Browns stores and the New Guard Group, enhancing its retail capabilities. Farfetch generates revenue by charging a commission on sales made through its marketplace, typically exceeding 30%.

Farfetch

Convertible Note in 2020
Farfetch is an online platform established in 2008 that connects buyers and sellers in the luxury fashion sector. It collaborates with over 1,000 independent boutiques and luxury brands, offering a diverse range of products, including clothing, accessories, and footwear. The company operates a comprehensive e-commerce website that enables these retailers to showcase their inventories to nearly a million active customers. Farfetch's technology infrastructure is designed to facilitate the luxury fashion ecosystem, featuring an API-enabled proprietary technology stack that supports applications, services, and data management. The platform also includes the Browns stores and the New Guard Group, enhancing its retail capabilities. Farfetch generates revenue by charging a commission on sales made through its marketplace, typically exceeding 30%.

Sun Art Retail Group

Acquisition in 2020
Sun Art Retail Group is a Chinese retail company that operates hypermarkets, superstores, and membership stores under the RT‑Mart, RT‑Super, Auchan, and M‑Club brands. It runs 486 outlets in 232 cities across 29 provinces, autonomous regions and municipalities, covering about 13 million square metres of gross floor area. The company sells goods to consumers, collects membership fees, and rents space within its stores. It also operates an e‑commerce platform. Sun Art focuses on restructuring its hypermarket complexes, expanding into multi‑format and omni‑channel formats, and driving digital transformation of its physical stores. Founded in 1998 and headquartered in Hong Kong, it is a subsidiary of Taobao China Holding Limited.

STO Express

Post in 2020
Founded in 1993, STO Express is one of China's leading express delivery companies, operating under the network partner model. It offers comprehensive services including terminal network operations, transit transportation, and information management, with a strong focus on e-commerce integration.

Alog

Acquisition in 2020
Alog Technology Logistics Co., Ltd., based in Hangzhou, China, is a prominent third-party logistics service provider specializing in e-commerce. Founded in 2004, the company offers outsourced warehouse management and comprehensive supply chain solutions tailored for major e-commerce businesses. With a robust network of 88 regional distribution centers, Alog's services span over 350 cities, supported by a global supply chain network that encompasses more than 2 million square meters of storage area. The firm boasts a peak order processing capacity of 40 million items daily, positioning itself as a leader in intelligent warehouse distribution within the big data landscape. Through its innovative logistics solutions, Alog effectively caters to the demands of the vast consumer market.

BigBasket

Debt Financing in 2020
BigBasket is an online food and grocery store that specializes in delivering personal and household necessities directly to customers' doorsteps. The company offers a user-friendly platform where customers can browse an extensive range of products, select their desired items, and schedule deliveries at their convenience. BigBasket prioritizes product quality by handpicking each item and ensuring it goes through a thorough safety packaging process before reaching the customer. By focusing on efficiency and convenience, BigBasket aims to simplify the grocery shopping experience, allowing users to shop from the comfort of their homes or offices.

BigBasket

Venture Round in 2020
BigBasket is an online food and grocery store that specializes in delivering personal and household necessities directly to customers' doorsteps. The company offers a user-friendly platform where customers can browse an extensive range of products, select their desired items, and schedule deliveries at their convenience. BigBasket prioritizes product quality by handpicking each item and ensuring it goes through a thorough safety packaging process before reaching the customer. By focusing on efficiency and convenience, BigBasket aims to simplify the grocery shopping experience, allowing users to shop from the comfort of their homes or offices.

Nice Tuan

Series B in 2020
Nice Tuan is an e-commerce platform specializing in fresh produce, beverages, leisure food, and a variety of daily supplies. The company operates a community-focused model, partnering with local residential communities to source products from nearby warehouses and producers. By doing so, Nice Tuan aims to provide comprehensive grocery and household item offerings tailored to the needs of local residents. The platform emphasizes efficiency and convenience, striving to create a well-integrated community e-commerce ecosystem centered on daily groceries and fresh produce.

Xpressbees

Series D in 2020
Xpressbees is an e-commerce logistics company that specializes in providing a wide range of logistics solutions to its partners. The company focuses on last-mile delivery, offering same-day and next-day services, as well as reverse logistics, payment collection, drop shipping, and vendor management. Additionally, Xpressbees supports cross-border services and fulfillment solutions, ensuring that clients have access to comprehensive supply-chain management. Its platform includes an online shipment tracking system, which enhances customer satisfaction by enabling clients to offer timely deliveries and value-added services. Through these offerings, Xpressbees aims to address the diverse logistics needs of its clients effectively.

Tianxianpei

Series A in 2019
TianXianPei is a community fresh food retailer, based on data-driven product selection capability, with fresh food as its core and aquatic products as its feature to establish differentiated commodity advantages. It create a new retail model for consumers to order milk through online platform and offline intelligent freezer to bring new O2O to consumers. Fresh milk delivery experience! Tianxian match, the heavy-duty traditional milk tank is the intelligent freezer downstairs for consumers, and through the whole process of cold chain transportation mode, to maximize the fresh taste and fresh nutrition of milk, iteratively upgrade milk consumption!

Cainiao Logistics

Corporate Round in 2019
Cainiao Logistics provides logistics services to Alibaba Group. It operates warehouses and express delivery stations. Cainiao Logistics also operates a logistics information platform which provides real-time access to information for both buyers and sellers. Shen Guojun founded China Smart Logistics Network on May 28, 2013 that later became Cainiao Logistics, with its headquarters in Shenzhen in China.

Kaola

Acquisition in 2019
Kaola is a cross-border e-commerce shopping portal that provides a diverse selection of consumer products, featuring over 9,000 brands from 80 countries. The platform specializes in categories such as apparel, maternity and infant care, household appliances, and personal care, allowing customers to easily access and purchase a wide array of items. Kaola ensures the quality of its goods through direct sourcing and maintains competitive pricing by engaging in bulk purchases. The company emphasizes customer satisfaction with a 30-day worry-free after-sales policy and efficient logistics, including partnerships for electronic customs clearance that facilitate prompt delivery within 3-15 business days. Additionally, Kaola supports multiple payment methods, including Netease, Alipay, online banking, and credit cards, simplifying the purchasing process for its users.

Alibaba Health Information Technology

Post in 2019
Alibaba Health Information Technology Limited operates a leading e-commerce platform specializing in healthcare products in China, including prescription drugs, OTC drugs, traditional Chinese medicine, and health foods. It offers both third-party and direct-to-consumer services, accessible via Alibaba's Tmall app and Alipay. Additionally, it provides online consultation services through its 'Dr. Deer' app.

BigBasket

Series F in 2019
BigBasket is an online food and grocery store that specializes in delivering personal and household necessities directly to customers' doorsteps. The company offers a user-friendly platform where customers can browse an extensive range of products, select their desired items, and schedule deliveries at their convenience. BigBasket prioritizes product quality by handpicking each item and ensuring it goes through a thorough safety packaging process before reaching the customer. By focusing on efficiency and convenience, BigBasket aims to simplify the grocery shopping experience, allowing users to shop from the comfort of their homes or offices.

STO Express

Post in 2019
Founded in 1993, STO Express is one of China's leading express delivery companies, operating under the network partner model. It offers comprehensive services including terminal network operations, transit transportation, and information management, with a strong focus on e-commerce integration.

Tokopedia

Series G in 2018
Tokopedia is an Indonesian technology company established in 2019, aimed at democratizing commerce through digital innovation. It operates an online marketplace that allows individuals and businesses to create and manage their online stores without charge. The platform offers a wide range of products, including fashion accessories, beauty and health items, electronics, food, and toys, serving as a comprehensive e-commerce destination for customers. Tokopedia has successfully reached over 99% of districts in Indonesia, empowering more than 10 million merchants and boasting a user base of over 100 million. The company is committed to fostering a Super Ecosystem that facilitates the discovery and initiation of various commerce activities. To support this vision, Tokopedia collaborates with strategic partners across various sectors, including logistics and financial technology, while providing extensive payment options throughout Indonesia. Its contributions have significantly impacted the Indonesian economy, accounting for more than 1% of its growth.

Alibaba Bendi Shenghuo Fuwu Gongsi

Funding Round in 2018
Alibaba Bendi Shenghuo Fuwu Gonsi focuses on on-demand online services. It was established by Alibaba Group as the holding company for [Ele.me](https://www.crunchbase.com/organization/ele-me#section-overview) (food delivery service) and [Koubei](https://www.crunchbase.com/organization/koubei) (online restaurant guide business), which merged in August 2018.

1919 Wines & Spirits

Post in 2018
Wines & Spirits is a Chinese e-commerce liquor retailer.

YCloset

Corporate Round in 2018
YCloset was an online clothing rental platform based in Beijing, founded in 2015. The company offered a subscription service that allowed users to rent women's clothing and accessories for a monthly fee, with no additional charges for individual items. Operating in approximately 40 cities across China, including major urban centers like Beijing, Shanghai, Guangzhou, and Shenzhen, YCloset partnered with over a hundred fashion brands to provide a diverse selection of apparel. The platform was accessible via mobile applications, enabling users to keep pace with the latest fashion trends without the need to purchase new garments. However, YCloset announced the closure of its operations by August 15, 2021.

OpenSky

Acquisition in 2018
OpenSky Inc. is a technology company focused on empowering small business entrepreneurs through innovative software, services, and data solutions. The company operates two primary businesses, Alibaba.com (USA) and MoreCommerce, facilitating trade for hundreds of thousands of businesses that collectively handle billions of dollars in goods annually. OpenSky aims to make commerce more instantaneous, open, and connected by providing a business-to-business trading platform that features a diverse range of products, including electronics, health and beauty items, and home goods. Recognized for its innovative approach, OpenSky has received accolades from various industry sources, highlighting its commitment to transforming global trade through user-friendly technology.

Suning.com

Series A in 2018
Suning.com is a prominent Chinese online shopping platform that offers a wide range of products, including clothing, snacks, electronics, and appliances. The company emphasizes a comprehensive retail experience by integrating smart retail solutions with full category operations and omni-channel services, enabling customers to shop seamlessly through physical stores, mobile devices, PCs, and TVs. Additionally, Suning.com leverages logistics and global expansion strategies to enhance its service offerings. Founded in 1990, Suning Holdings Group, which includes Suning.com, has established itself as a leading commercial enterprise in China, recognized for its significant annual revenue and diverse business interests across various sectors, including logistics, financial services, and media. Suning's commitment to improving the quality of life through technological advancements and innovative retail solutions underscores its influence in the retail landscape.

Haoshiqi

Series C in 2018
Haoshiqi offers an e-commerce platform for branded food specials, providing buyers with preferential prices and safe and healthy food while also helping merchants reduce inventory risks.

CMC

Series A in 2018
CMC Inc. is a Chinese state-backed media and entertainment conglomerate established in 2010. The company specializes in producing a diverse range of content across multiple genres, including film, drama, financial media, music, and sports. CMC's broad portfolio reflects its commitment to cultural and creative industries, positioning it as a significant player in the Chinese media landscape. With a focus on innovation and quality, CMC Inc. aims to leverage its resources to enhance the development of the entertainment sector in China and beyond.

Trendyol

Acquisition in 2018
Founded in 2010, Trendyol is a leading Turkish e-commerce company offering a wide range of fashion products, including clothing, shoes, accessories, cosmetics, and home decorations. With over 2000 employees, it aims to provide customers with a seamless shopping experience driven by technology.

BabyTree

Corporate Round in 2018
BabyTree is a leading online platform in China dedicated to supporting expecting parents and young families. It offers comprehensive resources, including parenting advice, community forums for sharing experiences, tools for recording child development, and an e-commerce marketplace for maternity and baby products.

Paytm Mall

Venture Round in 2018
Paytm Mall is the online consumer marketplace division of One97 Communications' Paytm brand. It provides a platform for a diverse range of domestic and international products, catering to various categories including fashion, electronics, consumer durables, and home furnishings. By facilitating online and mobile shopping, Paytm Mall enables customers to purchase items at discounted prices from the convenience of their homes, contributing to the growing trend of e-commerce in the region.

Xiaohongshu

Series D in 2018
Xiaohongshu, founded in 2013 and based in Shanghai, China, is a lifestyle sharing platform that allows users to share experiences through text, images, and videos. Initially aimed at assisting overseas travelers with shopping, it has transformed into a vibrant community focused on various lifestyle areas, including cosmetics, fashion, food, travel, entertainment, reading, fitness, and childcare. The platform serves as a social e-commerce space where users can post their favorite products, share shopping experiences, and discover global merchandise, particularly in luxury and beauty sectors. By fostering user-generated content, Xiaohongshu encourages a collaborative environment for lifestyle enthusiasts to exchange insights and recommendations.

ZTO Express

Post in 2018
ZTO Express is China's largest express delivery company by parcel volume, with about a 19.4% market share in 2024. It operates a network partner model where line-haul transportation and sorting are managed by the central company, while local network partners provide first-mile pickup and last-mile delivery under the ZTO brand, enabling nationwide service across China. The company serves e-commerce and traditional merchants through an extensive network covering most cities, supporting fast, reliable delivery for millions of online shoppers on leading platforms. Headquartered in Shanghai and founded in 2002 by Meisong Lai, who remains chair, CEO, and major shareholder with a substantial voting stake. Alibaba is a strategic shareholder with around 8.9% interest. ZTO focuses on scalable logistics solutions and continues to expand its coverage as China's e-commerce market grows.

The ORDRE Group

Corporate Round in 2018
The ORDRE Group, founded in 2014, is a company focused on transforming the dynamics between luxury brands, retailers, and consumers through innovative fashion technologies. Its primary offerings include ORB360, a platform launched in 2015 that provides proprietary 360-degree images and videos tailored for the fashion industry, enabling users to view collections of designer ready-to-wear, accessories, jewelry, and footwear. Another key component is Authentique, introduced in 2021, which utilizes vision AI and blockchain technology for the authentication of products and the creation of digital product passports. This dual approach facilitates greater global exposure for emerging designers while addressing logistical and cost challenges within the luxury market.

Meiwei Buyongdeng

Series D in 2018
Meiwei Buyongdeng is a professional smart food service providers. Through B-side SaaS services and C-side products, solve the restaurant's efficiency, management, marketing, cost and customer dining experience and other issues. In 2017, Meiwei Buyongdeng provides integrated solutions for smart food and beverage services for nearly 100,000 restaurants. At the same time, it provided a high-quality catering service experience for nearly 1 billion consumers. At present, yummy has already connected the restaurant service with consumers through the nationwide sales service network. Based on 2017, the 2018 delicious delicacy will start from the aspects of compacting product base and optimizing service experience and build a new ecology of smart food and beverage with partners.

Souche

Series F in 2018
Souche, founded by Yao Junhong in December 2012, is a prominent automotive new retail platform in China. The company has attracted significant investments, raising over $1.2 billion by August 2018 from notable organizations such as Alibaba Group and Ant Financial Services Group. Recognized in the 2017 New Global Unicorns Ranking by PitchBook, Souche aims to be a central intelligence hub for the automotive industry. Over the years, it has developed an integrated automotive retail ecosystem that includes various businesses. These encompass Tangeche, an automotive financial leasing platform; Chehang168, a B2B industrial chain service platform; Cheyipai, an online used-car trading platform; and TIHD, a car-sharing service. Additionally, Souche offers SaaS products for used-car dealers through Dafengche and operates a new-car dealership network called Maicheguanjia. The company also provides ERP systems for dealership groups and integrated supply chain logistics services. Souche is often referred to as "the Alibaba of the Chinese automotive industry."

Daraz.pk

Acquisition in 2018
Daraz.pk is the largest online shopping platform in Pakistan, dedicated to reshaping the e-commerce landscape by offering a user-friendly experience and exceptional customer support. The platform features an extensive collection of fashion items, including designer clothing, footwear, and accessories, all accessible through a convenient website interface. Daraz.pk emphasizes customer satisfaction with services such as free shipping on orders over Rs 1,500, seven-day returns, and cash on delivery options. Since its launch, Daraz has quickly garnered a substantial customer base by promoting online shopping and understanding the unique needs of its users. The platform also provides gift cards and supports various payment methods, including Telenor Easy Paisa and net banking. By partnering with DHL, Daraz.pk enables international shipping to 231 countries, further enhancing its appeal to customers seeking a diverse range of products delivered directly to their doorsteps.

Huitongda Network

Corporate Round in 2018
Huitongda Network is a Chinese logistics and e-commerce services company that supports township markets for home appliances by blending online and offline channels. It serves rural consumers with products such as air conditioners, color TVs, refrigerators and washing machines, and provides infrastructure and merchant solutions that enable retailers to sell via an online platform, supported by intelligent business and marketing SaaS services. Headquartered in Nanjing and founded in 2008, the company operates branches across Jiangsu Province and parts of Shandong and Anhui, and has trained thousands of local retail outlets to participate in the township appliance market.

Video++

Series B in 2018
Video++ is a video-streaming service based in Shanghai, China, that has been operational since April 2014. The company specializes in providing a video content platform that utilizes advanced AI technology for image recognition. This technology allows Video++ to identify and tag various elements within video content, including brands, celebrities, body language, and specific scenes. By enabling advertisers and e-commerce businesses to search for content and objects in a structured format, Video++ enhances the accessibility and utility of video data for commercial purposes. Its services cater to users both within China and internationally.

Lazada

Secondary Market in 2018
Lazada is a leading e-commerce platform operating in Southeast Asia, with a presence in Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. It serves as an online shopping and selling destination for over 100,000 local and international sellers, as well as 2,500 brands, connecting them with the region's 560 million consumers. Lazada's marketplace platform is supported by a wide range of tailored marketing, data, and service solutions, ensuring a seamless shopping experience through a vast network of logistics partners and its own first- and last-mile delivery capabilities. It offers multiple payment methods, including cash-on-delivery, extensive customer care, and free returns, enabling a diverse product range from consumer electronics to fashion and sports equipment.

ELEME

Acquisition in 2018
ELEME is an online ordering platform offering gourmet food take away services in over 2000 cities in China. Founded in 2008 by Mark Zhang and Jack Kang, the company is operated by Lazhasi Network Technology and has been acquired by Alibaba Group in 2018, while still maintaining its independence. With more than 1.3 million participating shops, 15 thousand employees, and over nine million daily orders, ELEME has established itself as a prominent player in the Chinese food delivery market. The company's headquarters are located in Shanghai, China.

Ganjie

Series A in 2018
Ganjie.com is a Hangzhou-based rural e-commerce platform, which is committed to popularizing and promoting e-commerce service in Chinese rural areas.

BigBasket

Series E in 2018
BigBasket is an online food and grocery store that specializes in delivering personal and household necessities directly to customers' doorsteps. The company offers a user-friendly platform where customers can browse an extensive range of products, select their desired items, and schedule deliveries at their convenience. BigBasket prioritizes product quality by handpicking each item and ensuring it goes through a thorough safety packaging process before reaching the customer. By focusing on efficiency and convenience, BigBasket aims to simplify the grocery shopping experience, allowing users to shop from the comfort of their homes or offices.

Xpressbees

Series D in 2018
Xpressbees is an e-commerce logistics company that specializes in providing a wide range of logistics solutions to its partners. The company focuses on last-mile delivery, offering same-day and next-day services, as well as reverse logistics, payment collection, drop shipping, and vendor management. Additionally, Xpressbees supports cross-border services and fulfillment solutions, ensuring that clients have access to comprehensive supply-chain management. Its platform includes an online shipment tracking system, which enhances customer satisfaction by enabling clients to offer timely deliveries and value-added services. Through these offerings, Xpressbees aims to address the diverse logistics needs of its clients effectively.

Visualead

Acquisition in 2017
Visualead Ltd. is a technology company based in Herzliya, Israel, with an additional office in Shanghai, China, founded in 2012. The company specializes in developing an online platform that enables businesses to create visual codes and execute mobile campaigns. Visualead's technology facilitates scan-based connectivity solutions applicable in various sectors, including product packaging, anti-counterfeiting, mobile payments, mobile coupons, and social networking. Its services enhance customer engagement by allowing businesses to transform touch points such as logos, advertisements, and experiences into interactive and shareable content. Additionally, Visualead supports leading enterprises, including Alibaba, by providing solutions for online and offline marketing, customer acquisition, and payment optimization, addressing challenges related to counterfeiting and revenue recovery. Overall, Visualead aims to create meaningful connections between brands and consumers through innovative visual code technology.

Sun Art Retail Group

Post in 2017
Sun Art Retail Group is a Chinese retail company that operates hypermarkets, superstores, and membership stores under the RT‑Mart, RT‑Super, Auchan, and M‑Club brands. It runs 486 outlets in 232 cities across 29 provinces, autonomous regions and municipalities, covering about 13 million square metres of gross floor area. The company sells goods to consumers, collects membership fees, and rents space within its stores. It also operates an e‑commerce platform. Sun Art focuses on restructuring its hypermarket complexes, expanding into multi‑format and omni‑channel formats, and driving digital transformation of its physical stores. Founded in 1998 and headquartered in Hong Kong, it is a subsidiary of Taobao China Holding Limited.

Souche

Series E in 2017
Souche, founded by Yao Junhong in December 2012, is a prominent automotive new retail platform in China. The company has attracted significant investments, raising over $1.2 billion by August 2018 from notable organizations such as Alibaba Group and Ant Financial Services Group. Recognized in the 2017 New Global Unicorns Ranking by PitchBook, Souche aims to be a central intelligence hub for the automotive industry. Over the years, it has developed an integrated automotive retail ecosystem that includes various businesses. These encompass Tangeche, an automotive financial leasing platform; Chehang168, a B2B industrial chain service platform; Cheyipai, an online used-car trading platform; and TIHD, a car-sharing service. Additionally, Souche offers SaaS products for used-car dealers through Dafengche and operates a new-car dealership network called Maicheguanjia. The company also provides ERP systems for dealership groups and integrated supply chain logistics services. Souche is often referred to as "the Alibaba of the Chinese automotive industry."

BigBasket

Venture Round in 2017
BigBasket is an online food and grocery store that specializes in delivering personal and household necessities directly to customers' doorsteps. The company offers a user-friendly platform where customers can browse an extensive range of products, select their desired items, and schedule deliveries at their convenience. BigBasket prioritizes product quality by handpicking each item and ensuring it goes through a thorough safety packaging process before reaching the customer. By focusing on efficiency and convenience, BigBasket aims to simplify the grocery shopping experience, allowing users to shop from the comfort of their homes or offices.

Cainiao Logistics

Acquisition in 2017
Cainiao Logistics provides logistics services to Alibaba Group. It operates warehouses and express delivery stations. Cainiao Logistics also operates a logistics information platform which provides real-time access to information for both buyers and sellers. Shen Guojun founded China Smart Logistics Network on May 28, 2013 that later became Cainiao Logistics, with its headquarters in Shenzhen in China.

BigBasket

Series E in 2017
BigBasket is an online food and grocery store that specializes in delivering personal and household necessities directly to customers' doorsteps. The company offers a user-friendly platform where customers can browse an extensive range of products, select their desired items, and schedule deliveries at their convenience. BigBasket prioritizes product quality by handpicking each item and ensuring it goes through a thorough safety packaging process before reaching the customer. By focusing on efficiency and convenience, BigBasket aims to simplify the grocery shopping experience, allowing users to shop from the comfort of their homes or offices.

Tokopedia

Series F in 2017
Tokopedia is an Indonesian technology company established in 2019, aimed at democratizing commerce through digital innovation. It operates an online marketplace that allows individuals and businesses to create and manage their online stores without charge. The platform offers a wide range of products, including fashion accessories, beauty and health items, electronics, food, and toys, serving as a comprehensive e-commerce destination for customers. Tokopedia has successfully reached over 99% of districts in Indonesia, empowering more than 10 million merchants and boasting a user base of over 100 million. The company is committed to fostering a Super Ecosystem that facilitates the discovery and initiation of various commerce activities. To support this vision, Tokopedia collaborates with strategic partners across various sectors, including logistics and financial technology, while providing extensive payment options throughout Indonesia. Its contributions have significantly impacted the Indonesian economy, accounting for more than 1% of its growth.

Yiguo.com

Series D in 2017
Yiguo.com is a fresh produce e-commerce platform established in 2005 and headquartered in Shanghai, China. The company specializes in the online sale of fresh fruits and vegetables, offering customers a convenient shopping experience. Yiguo.com ensures efficient delivery services, providing one-day delivery in major cities such as Beijing, Shanghai, Guangzhou, and Chengdu, while also offering two-day delivery to over 200 additional cities across the country. Through its focus on freshness and timely service, Yiguo.com aims to meet the growing demand for high-quality produce in the rapidly evolving e-commerce landscape.

Lazada

Secondary Market in 2017
Lazada is a leading e-commerce platform operating in Southeast Asia, with a presence in Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. It serves as an online shopping and selling destination for over 100,000 local and international sellers, as well as 2,500 brands, connecting them with the region's 560 million consumers. Lazada's marketplace platform is supported by a wide range of tailored marketing, data, and service solutions, ensuring a seamless shopping experience through a vast network of logistics partners and its own first- and last-mile delivery capabilities. It offers multiple payment methods, including cash-on-delivery, extensive customer care, and free returns, enabling a diverse product range from consumer electronics to fashion and sports equipment.

Shuyun

Series C in 2017
Shuyun is a consumer digital operation technology firm that specializes in omni-channel consumer operation systems and services. Shuyun assists companies in realizing the digital operation of consumer assets, improving customer repurchase rate and customer life cycle value, and achieving sustainable performance growth and brand development by providing consumer operation solutions that integrate online and offline, public and private domains, self-owned channels and e-commerce platforms.

ELEME

Funding Round in 2017
ELEME is an online ordering platform offering gourmet food take away services in over 2000 cities in China. Founded in 2008 by Mark Zhang and Jack Kang, the company is operated by Lazhasi Network Technology and has been acquired by Alibaba Group in 2018, while still maintaining its independence. With more than 1.3 million participating shops, 15 thousand employees, and over nine million daily orders, ELEME has established itself as a prominent player in the Chinese food delivery market. The company's headquarters are located in Shanghai, China.

Shanghai Baison Software

Funding Round in 2017
Shanghai Baison Software Co., Ltd. is a Shanghai-based company established in 2000, specializing in the development of enterprise resource planning software tailored for the apparel, accessories, and home textile industries. The company offers comprehensive management systems for retail businesses, encompassing various sectors such as sports, furniture, cosmetics, beauty, jewelry, and food. Baison Software provides a range of services, including retail distribution, supply chain management, e-commerce solutions, mobile applications, and big data analytics. With a network of over 100 service agencies across China, the company supports the daily operations of more than 30 million physical stores and over 20,000 online shops. Baison Software is dedicated to facilitating the transformation and innovation of Chinese retailers, aiming to enhance brand value through advanced retail solutions and operational services.

Lianhua Supermarket Holdings

Post in 2017
Founded in Shanghai in 1991, Lianhua Supermarket Holdings operates supermarkets, hypermarkets, and convenience stores under brands such as Century Mart, Lianhua Supermarket, Hualian Supermarket, and Lianhua Quik across 21 provinces and municipalities in China. As of 2019, it operated 3,352 outlets.

Damai.cn

Acquisition in 2017
Damai.cn is a prominent online ticketing platform in China that specializes in the e-commerce integration of the entertainment industry. The platform facilitates online ticket booking for various events, including concerts, sports competitions, and theatrical performances. It has established a presence in over 30 cities across the country, offering exclusive ticket booking systems and marketing management for significant entertainment and sports events. With a history that traces back to China Ticket Online, Damai.cn has developed a diversified business model that spans multiple sectors, including entertainment, sports, tourism, and software development. Over the past decade, it has operated chain stores throughout northern, eastern, and central China, solidifying its status as a key player in the Chinese ticketing market.

One97 Communications

Secondary Market in 2017
One97 Communications Limited is a mobile payments services company based in Noida, India, founded in 2000. It operates under the Paytm brand, offering a comprehensive range of mobile content and commerce services. The company provides digital goods and services, including top-ups, ticket bookings, hotel reservations, music, videos, games, and other mobile content. Additionally, One97 Communications is a leading provider of payment solutions for e-commerce merchants, utilizing its RBI-approved semi-closed wallet. With a workforce of over 4,500 employees, the company has a wide geographical footprint, with regional offices in major Indian cities such as Mumbai, Bengaluru, Pune, Chennai, and Kolkata, as well as a global presence in Africa, Europe, the Middle East, and Southeast Asia.

Paytm Mall

Venture Round in 2017
Paytm Mall is the online consumer marketplace division of One97 Communications' Paytm brand. It provides a platform for a diverse range of domestic and international products, catering to various categories including fashion, electronics, consumer durables, and home furnishings. By facilitating online and mobile shopping, Paytm Mall enables customers to purchase items at discounted prices from the convenience of their homes, contributing to the growing trend of e-commerce in the region.

Dianwoda

Series D in 2016
Dianwoda is a logistics company that specializes in distribution and short-distance delivery services, catering to both commercial and individual customers. Founded in 2015 as a subsidiary of the online-to-offline service provider Dianwoba, the company later integrated its operations with its parent organization. Dianwoda offers on-demand delivery solutions that utilize a network of crowdsource delivery contractors, ensuring a one-hour same-day delivery service. This capability enables businesses to address unexpected demand efficiently while allowing users to receive their preferred products from restaurants and retailers in major cities across China.

Ruhnn Holding Limited

Post in 2016
Ruhnn Holding Limited is a company based in Hangzhou, China, that specializes in the cultivation and incubation of key opinion leaders (KOLs). Founded in 2016, it operates online platforms that sell a range of fashion and lifestyle products, including women's apparel, shoes, handbags, and cosmetics, directly to consumers through KOL-driven online stores. Additionally, Ruhnn provides sales and advertising services for third-party merchants looking to leverage KOLs to reach a broader audience. As of March 31, 2020, the company managed 19 online stores and had established partnerships with 168 KOLs, emphasizing its role in the dynamic intersection of e-commerce and influencer marketing in the Chinese market.

Ali Jiankang Dayaofang

Acquisition in 2016
Ali Jiankang Dayaofang is an e-commerce shop for pharmaceutical products.

GuideRank

Angel Round in 2016
Guangzhou Guiderank Co., Ltd. is a Beijing-based company that specializes in providing online rankings, guiding articles, and reviews for consumer goods. By focusing on consumer upgrades, the company aims to assist customers in making informed purchasing decisions through comprehensive evaluations and comparisons of various products.

ELEME

Funding Round in 2016
ELEME is an online ordering platform offering gourmet food take away services in over 2000 cities in China. Founded in 2008 by Mark Zhang and Jack Kang, the company is operated by Lazhasi Network Technology and has been acquired by Alibaba Group in 2018, while still maintaining its independence. With more than 1.3 million participating shops, 15 thousand employees, and over nine million daily orders, ELEME has established itself as a prominent player in the Chinese food delivery market. The company's headquarters are located in Shanghai, China.

Lazada

Acquisition in 2016
Lazada is a leading e-commerce platform operating in Southeast Asia, with a presence in Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. It serves as an online shopping and selling destination for over 100,000 local and international sellers, as well as 2,500 brands, connecting them with the region's 560 million consumers. Lazada's marketplace platform is supported by a wide range of tailored marketing, data, and service solutions, ensuring a seamless shopping experience through a vast network of logistics partners and its own first- and last-mile delivery capabilities. It offers multiple payment methods, including cash-on-delivery, extensive customer care, and free returns, enabling a diverse product range from consumer electronics to fashion and sports equipment.

SCMP Group

Acquisition in 2016
Headquartered in Hong Kong, the SCMP Group comprises a diversified portfolio of businesses that deliver news, information and entertainment across many platforms to the people of Hong Kong, China and the world. The South China Morning Post, the Group’s founding company, began operations in November 1903. With the acquisition of TVE in 1996, a magazine and book publishing enterprise, the SCMP Group was established. The South China Morning Post has developed an enviable reputation for authoritative, influential and independent reporting on Hong Kong, China and the rest of Asia. Available in print, mobile, tablets and online through scmp.com and e-reader editions, the newspaper reaches a global audience with daily breaking news, analysis and opinion, multimedia articles and interactive forums. The South China Morning Post received over 190 awards in 2014-15 for excellence in editorial, marketing and technical capabilities. Other titles in the SCMP Group include the Sunday Morning Post, Nanzao.com, Nanzaozhinan.com, STYLE, Destination Macau, The PEAK, HK Magazine, The List and Where Hong Kong. SCMP Hearst, the joint venture partnership between the SCMP Group and Hearst, publishes the Chinese editions of Cosmopolitan, CosmoBride, Harper’s BAZAAR, Harper’s BAZAAR Art, Harper’s BAZAAR Bride, Esquire, ELLE, ELLE Men, ELLE Wedding, ELLE Décoration, and ELLE Accessories; and operates Cosmopolitan.com.hk, Cosmogirl.com.hk, Harpersbazaar.com.hk, ELLE.com.hk and EsquireHK.com in Hong Kong. Other business interests of the SCMP Group include a robust marketing solutions and specialist publishing division, contract publishing and a major stake-holding in Dymocks - Hong Kong’s top branded book retailer, operating 12 stores. A strong balance sheet and financial discipline are the bedrock of the Group. They are listed on the Hong Kong Stock Exchange and employ over 1,000 people in their newspaper, magazine and other divisions. Their major shareholder, the Kerry Group, is a diversified and dynamic multinational conglomerate with extensive interests in commodity trading, food and beverage, hotels, property development and, the SCMP Group, media. Today, the SCMP Group connects minds, cultures, businesses and communities with Hong Kong, China and the rest of the world. It is one of the most respected purveyors of quality journalism in the region.

Enjoyz

Angel Round in 2016
Enjoyz is a football equipment information service provider. They provide better football content information and product evaluation for football fans and strive to promote football culture. It also offers football consumers football equipment selection, football equipment purchase, football equipment maintenance, and second-hand football equipment trading.

Yiguo.com

Series C in 2016
Yiguo.com is a fresh produce e-commerce platform established in 2005 and headquartered in Shanghai, China. The company specializes in the online sale of fresh fruits and vegetables, offering customers a convenient shopping experience. Yiguo.com ensures efficient delivery services, providing one-day delivery in major cities such as Beijing, Shanghai, Guangzhou, and Chengdu, while also offering two-day delivery to over 200 additional cities across the country. Through its focus on freshness and timely service, Yiguo.com aims to meet the growing demand for high-quality produce in the rapidly evolving e-commerce landscape.

Freshippo

Series A in 2016
Freshippo is a retail platform operated by Alibaba Group that is data- and technology-driven. Freshippo wants to build a community-based new retail experience center for customers, giving individuals access to technology and a "sweet life" with a personal touch. Freshippo covers fresh food through APPs and physical stores, using "fresh food e-commerce" as the entrance point.

One97 Communications

Funding Round in 2015
One97 Communications Limited is a mobile payments services company based in Noida, India, founded in 2000. It operates under the Paytm brand, offering a comprehensive range of mobile content and commerce services. The company provides digital goods and services, including top-ups, ticket bookings, hotel reservations, music, videos, games, and other mobile content. Additionally, One97 Communications is a leading provider of payment solutions for e-commerce merchants, utilizing its RBI-approved semi-closed wallet. With a workforce of over 4,500 employees, the company has a wide geographical footprint, with regional offices in major Indian cities such as Mumbai, Bengaluru, Pune, Chennai, and Kolkata, as well as a global presence in Africa, Europe, the Middle East, and Southeast Asia.

Snapdeal

Private Equity Round in 2015
Snapdeal is India's largest online marketplace, launched in February 2010, that connects buyers and sellers across a wide range of product categories including mobile phones, electronics, apparel, cosmetics, and home goods. The platform is designed to create a reliable and frictionless commerce ecosystem, offering convenient delivery options even to remote areas. Snapdeal is notable for its competitive pricing, featuring daily deals and discounts that make various products accessible to consumers. It has established itself as a market leader in the retail space and is recognized for its significant presence in categories such as watches, sunglasses, and jewelry. With over 1,000 employees, Snapdeal fosters a vibrant work environment and continues to play a critical role in India's e-commerce landscape.

Suning.com

Post in 2015
Suning.com is a prominent Chinese online shopping platform that offers a wide range of products, including clothing, snacks, electronics, and appliances. The company emphasizes a comprehensive retail experience by integrating smart retail solutions with full category operations and omni-channel services, enabling customers to shop seamlessly through physical stores, mobile devices, PCs, and TVs. Additionally, Suning.com leverages logistics and global expansion strategies to enhance its service offerings. Founded in 1990, Suning Holdings Group, which includes Suning.com, has established itself as a leading commercial enterprise in China, recognized for its significant annual revenue and diverse business interests across various sectors, including logistics, financial services, and media. Suning's commitment to improving the quality of life through technological advancements and innovative retail solutions underscores its influence in the retail landscape.

Mei.com

Private Equity Round in 2015
As the leading Luxury & Fashion Flash Sales website in Asia, Glamour Sales entered into the China market in April 2010. We remain committed to authentic products with attractive discounts to our smart shoppers. To date, Glamour Sales has established official partnerships with over 2,000 international luxury, fashion, beauty and lifestyle brands. Daily flash sales begins each morning at 9am. All products of Glamour Sales are highly curated by our fashion and beauty experts. We strive to deliver a first class luxury shopping experience to you.

Shanghai Media Group

Funding Round in 2015
Shanghai Media Group (SMG) is a prominent media and entertainment company based in Shanghai, China, established in 2001. It is recognized as one of the largest media entities in the country, possessing a diverse portfolio that includes traditional media outlets such as radio, television, newspapers, and magazines. SMG is also involved in the production and distribution of television programs, films, and multiplatform video services, including IPTV and Internet TV. Additionally, the company offers online video content, digital advertising, online and console gaming, as well as TV shopping and e-commerce. SMG operates 15 satellite and cable networks covering various genres, including news, entertainment, sports, and children's programming, primarily funded through an advertising model. Notably, it owns China Business News, a leading business news provider in China since 1993. By the end of 2013, SMG had substantial assets and reported significant annual income, solidifying its status in the media landscape.

Zulily

Post in 2015
Zulily, LLC is an online retailer based in Seattle, Washington, specializing in providing a diverse range of merchandise aimed primarily at mothers shopping for their families. Founded in 2009, Zulily offers a curated selection of products that includes apparel and accessories for men, women, and children, as well as children's toys, infant gear, home décor, kitchen accessories, and personal care items. The company operates on a flash sales model, featuring limited-time offers through its desktop and mobile platforms, allowing customers to discover new products at competitive prices. Zulily has expanded its reach internationally, serving customers in Canada, Australia, and the United Kingdom, and continues to attract millions of shoppers seeking unique finds for their homes and loved ones.

Haoshiqi

Series B in 2015
Haoshiqi offers an e-commerce platform for branded food specials, providing buyers with preferential prices and safe and healthy food while also helping merchants reduce inventory risks.

Visualead

Series B in 2015
Visualead Ltd. is a technology company based in Herzliya, Israel, with an additional office in Shanghai, China, founded in 2012. The company specializes in developing an online platform that enables businesses to create visual codes and execute mobile campaigns. Visualead's technology facilitates scan-based connectivity solutions applicable in various sectors, including product packaging, anti-counterfeiting, mobile payments, mobile coupons, and social networking. Its services enhance customer engagement by allowing businesses to transform touch points such as logos, advertisements, and experiences into interactive and shareable content. Additionally, Visualead supports leading enterprises, including Alibaba, by providing solutions for online and offline marketing, customer acquisition, and payment optimization, addressing challenges related to counterfeiting and revenue recovery. Overall, Visualead aims to create meaningful connections between brands and consumers through innovative visual code technology.

Fuyou Kache

Series A in 2015
Fuyoukache provides long distance truck logistics services to enterprises, individuals and large third-party logistics companies, connecting truck drivers with those in need of logistic services via its online platform.

ZTO Express

Private Equity Round in 2015
ZTO Express is China's largest express delivery company by parcel volume, with about a 19.4% market share in 2024. It operates a network partner model where line-haul transportation and sorting are managed by the central company, while local network partners provide first-mile pickup and last-mile delivery under the ZTO brand, enabling nationwide service across China. The company serves e-commerce and traditional merchants through an extensive network covering most cities, supporting fast, reliable delivery for millions of online shoppers on leading platforms. Headquartered in Shanghai and founded in 2002 by Meisong Lai, who remains chair, CEO, and major shareholder with a substantial voting stake. Alibaba is a strategic shareholder with around 8.9% interest. ZTO focuses on scalable logistics solutions and continues to expand its coverage as China's e-commerce market grows.

Meituan

Series C in 2014
Meituan is a Beijing-based Chinese technology platform that combines on-demand food delivery, local commerce, and social shopping. It retails and delivers Chinese food from local restaurants online and operates a social commerce website offering online group discounts for food, groceries, tickets, and other services, including entertainment and health/fitness sectors. Meituan is described as the largest food delivery platform in China, with a market share of roughly 60-70% in 2024 according to Morningstar estimates. In the third quarter of 2024, about 74% of revenue came from the core local commerce segment, encompassing on-demand food delivery, retail and in-store services such as visits to beauty and entertainment venues after purchasing deals, and hotel and travel booking, while the remaining 26% came from newer initiatives like Meituan Select and overseas food delivery. The company originated as Meituan Group in 2010, became Meituan-Dianping in 2015, and rebranded to Meituan in 2020.

ByeCity

Series B in 2014
Byecity.com (佰程旅行网) is a Chinese service agency providing O2O (Online-to-Offline) services for the outbound tourism industry. Byecity.com was awarded the ""5A Grade Travel Agency"" by Beijing Tourism Development Committee for its performance on both ""technology innovation and service experience"". The company is devoted to the combination of internet and traditional outbound tourism, and is the first e-commercial website of outbound tourism in China. Byecity’s business covers eight modules: visa application, exclusive custom, free travel, topic group, overseas hotels, international tickets, international single businesses, and international business trips for enterprises. The company provides customers with the ""one-stop"" outbound tourism solutions in five aspects, which are demand release, resources distribution, budget management, risk control, and solutions.

Yiguo.com

Series B in 2014
Yiguo.com is a fresh produce e-commerce platform established in 2005 and headquartered in Shanghai, China. The company specializes in the online sale of fresh fruits and vegetables, offering customers a convenient shopping experience. Yiguo.com ensures efficient delivery services, providing one-day delivery in major cities such as Beijing, Shanghai, Guangzhou, and Chengdu, while also offering two-day delivery to over 200 additional cities across the country. Through its focus on freshness and timely service, Yiguo.com aims to meet the growing demand for high-quality produce in the rapidly evolving e-commerce landscape.

Intime Retail

Post in 2014
Intime Retail (Group) Company Limited is a prominent investment holding company operating in the retail sector in Mainland China. The company manages a diverse portfolio that includes department stores, shopping malls, and an online retail platform. It is structured into four main segments: Department Store, Shopping Mall, Property Development, and Others. As of the end of 2016, Intime operated 29 department stores and 20 shopping malls across various provinces, totaling over 3.3 million square meters of gross floor area. The company has evolved from traditional retail formats to encompass modern shopping complexes and e-commerce, reflecting a commitment to innovation in response to changing consumer preferences. Founded in 1998 and headquartered in Beijing, Intime has established itself as a significant player in the luxury retail market, leveraging its strong capital and management capabilities to enhance the shopping experience in urban areas across China.

Yinman

Venture Round in 2014
Chinese fashion

1stdibs

Series C in 2014
1stdibs is an online platform connecting respected dealers and makers with collectors of rare furniture, fashion, fine art, jewelry, and home decor. It facilitates transactions through fees from seller marketplace services.

ShopRunner

Private Equity Round in 2013
ShopRunner is a membership program designed to enhance the online shopping experience by providing free 2-day shipping, free returns, and seamless checkout at over 100 top retailers. The service connects consumers with a diverse range of products, including clothing, beauty, electronics, and more, from prestigious brands such as Neiman Marcus, Saks Fifth Avenue, and Bloomingdale's. In addition to fast shipping, ShopRunner members benefit from exclusive deals that can be combined with their shipping advantages, making it easier to shop for a wide variety of items in one place. The platform aims to streamline the online shopping process while ensuring convenience and accessibility for its users.
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