DST Global

Xiaohongshu, founded in 2013 and based in Shanghai, is a lifestyle sharing platform that facilitates the exchange of experiences through text, images, and videos. Initially created to assist overseas travelers with shopping, it has transformed into a vibrant community focused on various lifestyle topics, including cosmetics, fashion, food, travel, entertainment, reading, fitness, and childcare. The platform allows users to post their favorite products, share shopping experiences, and discover global merchandise, particularly in the luxury and fashion sectors. It serves as both a social network and a social e-commerce platform, enabling users to review and purchase products from abroad.

Hurb is a technology platform based in Rio de Janeiro that simplifies travel through its online service, allowing users to find and reserve accommodations and activities. The company sells a room night every three seconds and significantly contributes to Brazil's tourism GDP. With over 20 million registered travelers and 35,000 destinations worldwide, Hurb offers a comprehensive travel experience, including hotel bookings and tour packages at competitive prices. The platform also encourages user engagement by enabling travelers to share their experiences. Hurb has a strong social media presence, boasting over 16 million followers, and operates not only in Brazil but also internationally, with offices in Porto, Portugal, and plans for expansion into Montreal, Canada.

Quince, LLC is a retail company based in San Francisco, California, specializing in affordable luxury apparel, accessories, and home goods for both men and women. Founded in 2016, Quince offers a diverse range of products including jewelry, tops, sweaters, loungewear, leather goods, and various accessories for men, as well as bedding and bath items for the home. The company employs a manufacturer-to-consumer retail model, producing inventory on a near just-in-time basis, which allows for direct shipping to consumers. This approach not only reduces costs but also minimizes financial and environmental waste, enabling Quince to provide high-quality fashion and home products at competitive prices.

Mobile commerce app that allows customers to have an enjoyable and affordable shopping experience

Frubana is a digital platform based in Bogotá, Colombia, that connects restaurants and small retailers with agricultural suppliers. Founded in 2018, the company aims to streamline the procurement process by enabling direct transactions between restaurants and farmers, eliminating intermediaries to enhance price transparency and reduce trade barriers. In addition to facilitating the purchase of food products, Frubana offers tools for restaurants to digitize their menus and websites, including the creation of "Virtual Frubana Menus" that utilize QR codes for easy sharing with customers. Through its comprehensive services, Frubana supports the food supply chain, making it more efficient for both suppliers and businesses in the urban food market.

Frubana is a digital platform based in Bogotá, Colombia, that connects restaurants and small retailers with agricultural suppliers. Founded in 2018, the company aims to streamline the procurement process by enabling direct transactions between restaurants and farmers, eliminating intermediaries to enhance price transparency and reduce trade barriers. In addition to facilitating the purchase of food products, Frubana offers tools for restaurants to digitize their menus and websites, including the creation of "Virtual Frubana Menus" that utilize QR codes for easy sharing with customers. Through its comprehensive services, Frubana supports the food supply chain, making it more efficient for both suppliers and businesses in the urban food market.

Jow is a grocery shopping app that simplifies shopping and gives advice of what to eat. This app offers free and simple recipes that adapt to the customer's taste. It automatically creates a customized menu with delicious recipes and fills the cart with all the ingredients necessary for cooking. Jow was founded in 2017 and is headquartered in Paris, France.

PatPat is an online shopping platform tailored for mothers, providing significant discounts on a variety of products for babies, infants, toddlers, children, and maternity needs. The app features daily deals that can reach discounts of 50-90%, with some items available for free. By maintaining strong relationships with manufacturers, PatPat ensures competitive pricing and a diverse selection of products. The platform makes it easier for mothers to shop efficiently and economically, with new promotional events launching every day at 6am PST.

Dingdong Maicai is a community-based online retail platform in China that specializes in fresh produce and other daily necessities. Founded in 2014 and headquartered in Shanghai, the company leverages technology to enhance its operations, allowing for direct procurement at the point of origin and efficient pre-warehouse distribution. It aims to deliver products to customers' homes in 29 minutes or less, significantly improving the fresh food consumption experience. The service is available in major cities, including Shanghai, Beijing, Shenzhen, Hangzhou, and Suzhou. Dingdong Maicai operates through its mobile application and mini-programs, generating revenue from the sale of fresh groceries and membership services, positioning itself as one of the fastest-growing on-demand e-commerce companies in China.

Nice Tuan is an e-commerce platform that specializes in providing fresh produce, beverages, leisure food, and daily supplies. The company operates a community-focused model, partnering with local residential communities to source products from nearby warehouses and producers. This approach allows Nice Tuan to offer a wide range of daily groceries and household items to residents, aiming to create an efficient and convenient shopping experience. By emphasizing local sourcing and community engagement, Nice Tuan seeks to establish a robust e-commerce ecosystem tailored to the needs of its customers.

Fetch is the leading mobile shopping platform that enables users to earn and redeem rewards. The platform provides users with the easiest way to save on everyday purchases by simply scanning their receipts. For their brand partners, the platform allows them to understand a 360-degree view of shopping habits, and to meaningfully reward a customer's individual loyalty.

Jow is a grocery shopping app that simplifies shopping and gives advice of what to eat. This app offers free and simple recipes that adapt to the customer's taste. It automatically creates a customized menu with delicious recipes and fills the cart with all the ingredients necessary for cooking. Jow was founded in 2017 and is headquartered in Paris, France.

Poizon, established in 2015 by Shanghai Shizhuang Information Technology Co., Ltd., is China's largest sneaker trading platform, boasting an annual gross merchandise volume of $10 billion and over 1.4 million active users monthly as of 2019. The platform operates on a consumer-to-business-to-consumer model, facilitating connections between buyers and sellers while providing authentication services to ensure the genuineness of products. Additionally, Poizon offers the Dewu App, which focuses on sports equipment exchange and includes features for shoe identification. This interactive mobile platform allows users to communicate and share their enthusiasm for trending fashion within the sneaker community.

Gojek is an app that providing a variety of services from payments, food delivery, transportation, and logistics. The app is used for food ordering, commuting, digital payments, shopping, hyper-local delivery, getting a massage, and other services. It aims to create a positive socio-economic impact on customers, driver-partners, business, and MSMEs. Gojek is backed by investors including Google, Facebook, PayPal, Sequoia Capital, and Tencent Holdings. The company was founded in 2009 in Jakarta, Jakarta Raya, Indonesia by Kevin Aluwi, Nadiem Makarim, and Michaelangelo Moran.

Gojek is an app that providing a variety of services from payments, food delivery, transportation, and logistics. The app is used for food ordering, commuting, digital payments, shopping, hyper-local delivery, getting a massage, and other services. It aims to create a positive socio-economic impact on customers, driver-partners, business, and MSMEs. Gojek is backed by investors including Google, Facebook, PayPal, Sequoia Capital, and Tencent Holdings. The company was founded in 2009 in Jakarta, Jakarta Raya, Indonesia by Kevin Aluwi, Nadiem Makarim, and Michaelangelo Moran.

Farfetch is an online platform established in 2008 that connects buyers and sellers of personal luxury goods. It unites various independent fashion boutiques and offers a diverse range of products, including bags, dresses, shoes, and accessories. The company partners with over 1,000 luxury goods sellers to provide their inventory to nearly one million active customers, charging a commission for each sale. Farfetch operates a modular technology platform designed to enhance the luxury fashion ecosystem, utilizing a proprietary technology stack to support its applications, services, and data. In addition to its digital marketplace, Farfetch also includes Browns stores and the New Guard Group, and it offers solutions that facilitate the e-commerce operations of luxury brands. The company's focus on connecting luxury brands closely with the fashion industry underlines its commitment to the sector.

Flipkart is an e-commerce marketplace based in Bengaluru, India, offering over 30 million products across more than 70 categories, including electronics, home appliances, and personal care items. Founded in 2007 by Binny and Sachin Bansal, the platform has grown to serve 75 million registered users and generates over 10 million daily visits. Flipkart efficiently handles approximately 8 million shipments per month, a figure that continues to rise. The company is also the parent of Flipkart Ventures, which invests in early-stage companies. In 2018, Flipkart was acquired by Walmart, further strengthening its position in the competitive e-commerce landscape. With a workforce of around 33,000 employees, Flipkart remains a significant player in the Indian online retail market.

Flipkart is an e-commerce marketplace based in Bengaluru, India, offering over 30 million products across more than 70 categories, including electronics, home appliances, and personal care items. Founded in 2007 by Binny and Sachin Bansal, the platform has grown to serve 75 million registered users and generates over 10 million daily visits. Flipkart efficiently handles approximately 8 million shipments per month, a figure that continues to rise. The company is also the parent of Flipkart Ventures, which invests in early-stage companies. In 2018, Flipkart was acquired by Walmart, further strengthening its position in the competitive e-commerce landscape. With a workforce of around 33,000 employees, Flipkart remains a significant player in the Indian online retail market.

Flipkart is an e-commerce marketplace based in Bengaluru, India, offering over 30 million products across more than 70 categories, including electronics, home appliances, and personal care items. Founded in 2007 by Binny and Sachin Bansal, the platform has grown to serve 75 million registered users and generates over 10 million daily visits. Flipkart efficiently handles approximately 8 million shipments per month, a figure that continues to rise. The company is also the parent of Flipkart Ventures, which invests in early-stage companies. In 2018, Flipkart was acquired by Walmart, further strengthening its position in the competitive e-commerce landscape. With a workforce of around 33,000 employees, Flipkart remains a significant player in the Indian online retail market.

Groupon operates online local commerce marketplaces that connect consumers with merchants by offering discounted goods and services in North America and internationally. The company provides a wide array of deals, including those related to events, health and wellness, food and drink, home and garden, automotive services, and travel options such as hotels and airfare. Groupon also features various consumer products, including electronics and apparel, available through its platform. It allows customers to browse and purchase deals via websites, mobile applications, emails, and social media. Merchants benefit from customizable deal campaigns and payment processing solutions. Groupon generates its revenue primarily through commissions from transactions conducted on its platform, including sales made through digital coupons. Headquartered in Chicago, Illinois, Groupon has been active since 2008, evolving from its original name, ThePoint.com, Inc.

Groupon operates online local commerce marketplaces that connect consumers with merchants by offering discounted goods and services in North America and internationally. The company provides a wide array of deals, including those related to events, health and wellness, food and drink, home and garden, automotive services, and travel options such as hotels and airfare. Groupon also features various consumer products, including electronics and apparel, available through its platform. It allows customers to browse and purchase deals via websites, mobile applications, emails, and social media. Merchants benefit from customizable deal campaigns and payment processing solutions. Groupon generates its revenue primarily through commissions from transactions conducted on its platform, including sales made through digital coupons. Headquartered in Chicago, Illinois, Groupon has been active since 2008, evolving from its original name, ThePoint.com, Inc.