Zepto is an e-grocery company that specializes in the rapid delivery of daily essentials and grocery items directly to customers' doorsteps. Utilizing hyperlocal dark stores, Zepto stocks a variety of fresh produce, snack foods, and electronics, which can be conveniently ordered through its app or website. The company aims to provide a seamless online shopping experience, catering to the needs of customers seeking quick access to grocery products. By focusing on timely delivery, Zepto serves various sectors, including retail, food and beverage, and logistics.
Zepto is an e-grocery company that specializes in the rapid delivery of daily essentials and grocery items directly to customers' doorsteps. Utilizing hyperlocal dark stores, Zepto stocks a variety of fresh produce, snack foods, and electronics, which can be conveniently ordered through its app or website. The company aims to provide a seamless online shopping experience, catering to the needs of customers seeking quick access to grocery products. By focusing on timely delivery, Zepto serves various sectors, including retail, food and beverage, and logistics.
Udaan is a B2B e-commerce platform based in India that connects businesses with suppliers across various sectors, including FMCG, pharmaceuticals, and staples. It aims to address core trade challenges faced by small, medium, and large enterprises by providing a centralized platform for buying and selling goods. Udaan facilitates direct connections between clients, allowing them to negotiate better deals while ensuring secure payment processes and efficient logistics. The platform also supports small businesses by offering financial products tailored to their needs, thereby enhancing their operational capabilities and market reach.
OpenBorder
Seed Round in 2023
OpenBorder is a technology and logistics platform designed to support e-commerce merchants in expanding their sales globally. The company provides a range of services that facilitate international commerce, including shipping solutions, tax and product compliance, and management of importer and merchant records. Additionally, OpenBorder offers inventory management, local payment options, and global inventory visibility, all aimed at simplifying the complexities of selling products overseas. By assisting businesses in navigating global marketplaces, OpenBorder enables them to save time and resources while reaching new customers and increasing their sales potential.
Super is a social commerce platform that enables leaders to become self-made entrepreneurs and builds logistics networks. The company features Superagen, an agent-led commerce group buying that enables community leaders to become retailers within their communities.
Frubana is a digital platform based in Bogotá, Colombia, founded in 2018, that serves as a one-stop shop for restaurants by connecting them directly with agricultural producers and suppliers. The company facilitates the buying and selling of food products, enabling restaurants to source ingredients directly from farmers without intermediaries, which enhances price transparency and reduces trade barriers. Additionally, Frubana provides tools for restaurants to digitize their operations, including the creation of virtual menus that can be easily shared with customers through QR codes. By streamlining the supply chain, Frubana aims to support small retailers and restaurants in accessing fresh agricultural products efficiently.
Flexport, established in 2013, is a San Francisco-based company specializing in global freight forwarding and customs brokerage services. It offers an online platform that simplifies and streamlines international trade for businesses. Flexport's services include customs clearance, freight transportation by ocean, air, and road, along with value-added services such as cargo insurance, warehousing, and trade finance. The company's user-friendly dashboard enables clients to understand, purchase, manage, and track these services in real-time, optimizing their supply chain and logistics operations.
Deliverect
Series D in 2022
Deliverect is a subscription-based service that streamlines online food ordering for restaurants by integrating various third-party platforms such as Uber Eats, Deliveroo, Glovo, and DoorDash into existing point-of-sale systems. The company's software automates the inbound order flow, allowing restaurants to manage online orders through a single interface, which reduces the need for staff to monitor multiple devices and manually enter orders. Additionally, Deliverect offers consolidated reporting and inventory management features, enhancing operational efficiency by facilitating menu uploads and the outbound flow of information. This comprehensive approach helps restaurants optimize their delivery services and improve overall business performance.
Nowports is a digital freight forwarder that streamlines the import and export processes for businesses. Its platform enables users to manage shipments in real-time, providing features such as freight tracking, shipment booking, and product registration. By leveraging artificial intelligence, Nowports enhances the security and transparency of logistics operations. The platform is designed to facilitate the transportation of goods conveniently and affordably, allowing companies to request quotes and manage their supply chains efficiently from any port.
Frubana is a digital platform based in Bogotá, Colombia, founded in 2018, that serves as a one-stop shop for restaurants by connecting them directly with agricultural producers and suppliers. The company facilitates the buying and selling of food products, enabling restaurants to source ingredients directly from farmers without intermediaries, which enhances price transparency and reduces trade barriers. Additionally, Frubana provides tools for restaurants to digitize their operations, including the creation of virtual menus that can be easily shared with customers through QR codes. By streamlining the supply chain, Frubana aims to support small retailers and restaurants in accessing fresh agricultural products efficiently.
Rappi is a consumer tech company operating an on-demand delivery platform in Latin America. It connects consumers with local merchants and independent contractors, facilitating the delivery of prepared foods, groceries, clothing, pharmaceuticals, liquor, and other items directly to customers' doorsteps.
Market Kurly
Series F in 2021
Market Kurly is an online premium grocery service that compares quality and price when looking for good ingredients for foreign goodies. Market Kurly is a food delivery and logistics platform that enables users to order food via the website and receive it the following morning. The company delivers fresh high-end desserts, bread, milk, bottled water, condiments such as flour & salt, processed foods, and more. The company was founded in 2015 and based in Seoul, South Korea.
Faire is an online wholesale marketplace that connects retailers with unique merchandise from various brands and makers, facilitating a streamlined purchasing process. The platform provides retailers with tools and insights to manage inventory effectively, employing artificial intelligence and predictive analytics to forecast product demand. Faire's offerings include net 60 payment terms and free returns, which reduce the risks associated with wholesale purchasing, enabling local retailers and independent brands to compete with larger e-commerce entities. Headquartered in San Francisco and Kitchener, Faire aims to support the future of local retail by simplifying logistics and enhancing access to diverse products.
Super is a social commerce platform that enables leaders to become self-made entrepreneurs and builds logistics networks. The company features Superagen, an agent-led commerce group buying that enables community leaders to become retailers within their communities.
Deliverect
Series C in 2021
Deliverect is a subscription-based service that streamlines online food ordering for restaurants by integrating various third-party platforms such as Uber Eats, Deliveroo, Glovo, and DoorDash into existing point-of-sale systems. The company's software automates the inbound order flow, allowing restaurants to manage online orders through a single interface, which reduces the need for staff to monitor multiple devices and manually enter orders. Additionally, Deliverect offers consolidated reporting and inventory management features, enhancing operational efficiency by facilitating menu uploads and the outbound flow of information. This comprehensive approach helps restaurants optimize their delivery services and improve overall business performance.
Shipper is a digital logistics platform that streamlines the shipping process for freight forwarders and online vendors. By collaborating with various vendors, Shipper simplifies the pick-up and delivery of goods using selected logistics services. The platform offers a range of features, including package pick-up services, shipment management for logistics providers, and route predictions to optimize deliveries. Additionally, Shipper consolidates packages that are heading in the same direction, which enhances efficiency. Its multi-carrier API allows sellers to easily manage orders, print shipping labels, and access tracking information from various logistics providers through their mobile devices. This comprehensive approach supports online vendors in fulfilling and tracking orders effectively.
Nice Tuan
Private Equity Round in 2021
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.
Weee!, Inc. is an online grocery delivery platform based in Fremont, California, that specializes in providing a wide range of products tailored for Asian and Hispanic families. Founded in 2015, the company offers an extensive selection of groceries, including fresh fruits, vegetables, seafood, snacks, beauty products, and daily necessities. Weee! serves various metropolitan areas, including the San Francisco Bay Area, Sacramento, Seattle, Portland, Los Angeles, San Diego, New York City, and New Jersey. The platform focuses on delivering authentic gourmet delicacies from Asia and ensures a farm-to-door experience by partnering with local farms and trusted brands to source quality ingredients.
Udaan is a B2B e-commerce platform based in India that connects businesses with suppliers across various sectors, including FMCG, pharmaceuticals, and staples. It aims to address core trade challenges faced by small, medium, and large enterprises by providing a centralized platform for buying and selling goods. Udaan facilitates direct connections between clients, allowing them to negotiate better deals while ensuring secure payment processes and efficient logistics. The platform also supports small businesses by offering financial products tailored to their needs, thereby enhancing their operational capabilities and market reach.
Faire is an online wholesale marketplace that connects retailers with unique merchandise from various brands and makers, facilitating a streamlined purchasing process. The platform provides retailers with tools and insights to manage inventory effectively, employing artificial intelligence and predictive analytics to forecast product demand. Faire's offerings include net 60 payment terms and free returns, which reduce the risks associated with wholesale purchasing, enabling local retailers and independent brands to compete with larger e-commerce entities. Headquartered in San Francisco and Kitchener, Faire aims to support the future of local retail by simplifying logistics and enhancing access to diverse products.
Weee!, Inc. is an online grocery delivery platform based in Fremont, California, that specializes in providing a wide range of products tailored for Asian and Hispanic families. Founded in 2015, the company offers an extensive selection of groceries, including fresh fruits, vegetables, seafood, snacks, beauty products, and daily necessities. Weee! serves various metropolitan areas, including the San Francisco Bay Area, Sacramento, Seattle, Portland, Los Angeles, San Diego, New York City, and New Jersey. The platform focuses on delivering authentic gourmet delicacies from Asia and ensures a farm-to-door experience by partnering with local farms and trusted brands to source quality ingredients.
Market Kurly
Series E in 2020
Market Kurly is an online premium grocery service that compares quality and price when looking for good ingredients for foreign goodies. Market Kurly is a food delivery and logistics platform that enables users to order food via the website and receive it the following morning. The company delivers fresh high-end desserts, bread, milk, bottled water, condiments such as flour & salt, processed foods, and more. The company was founded in 2015 and based in Seoul, South Korea.
Udaan is a B2B e-commerce platform based in India that connects businesses with suppliers across various sectors, including FMCG, pharmaceuticals, and staples. It aims to address core trade challenges faced by small, medium, and large enterprises by providing a centralized platform for buying and selling goods. Udaan facilitates direct connections between clients, allowing them to negotiate better deals while ensuring secure payment processes and efficient logistics. The platform also supports small businesses by offering financial products tailored to their needs, thereby enhancing their operational capabilities and market reach.
DoorDash, Inc. is a logistics platform that connects consumers, merchants, and delivery personnel, primarily in the United States and Europe. Founded in 2013 and headquartered in San Francisco, the company initially launched as PaloAltoDelivery.com before rebranding to DoorDash, Inc. in 2015. DoorDash offers a marketplace that allows local and national restaurants, as well as other businesses such as grocery stores and retailers, to reach customers through online ordering for pickup or delivery. The company's services include customer acquisition, delivery logistics, insights and analytics, payment processing, and customer support. Additionally, DoorDash operates DoorDash Drive, a white-label logistics service that further enhances its delivery capabilities. Through its platform, DoorDash aims to transform local businesses and strengthen community connections by building a robust last-mile delivery infrastructure.
Rappi is a consumer tech company operating an on-demand delivery platform in Latin America. It connects consumers with local merchants and independent contractors, facilitating the delivery of prepared foods, groceries, clothing, pharmaceuticals, liquor, and other items directly to customers' doorsteps.
Flexport, established in 2013, is a San Francisco-based company specializing in global freight forwarding and customs brokerage services. It offers an online platform that simplifies and streamlines international trade for businesses. Flexport's services include customs clearance, freight transportation by ocean, air, and road, along with value-added services such as cargo insurance, warehousing, and trade finance. The company's user-friendly dashboard enables clients to understand, purchase, manage, and track these services in real-time, optimizing their supply chain and logistics operations.
DoorDash, Inc. is a logistics platform that connects consumers, merchants, and delivery personnel, primarily in the United States and Europe. Founded in 2013 and headquartered in San Francisco, the company initially launched as PaloAltoDelivery.com before rebranding to DoorDash, Inc. in 2015. DoorDash offers a marketplace that allows local and national restaurants, as well as other businesses such as grocery stores and retailers, to reach customers through online ordering for pickup or delivery. The company's services include customer acquisition, delivery logistics, insights and analytics, payment processing, and customer support. Additionally, DoorDash operates DoorDash Drive, a white-label logistics service that further enhances its delivery capabilities. Through its platform, DoorDash aims to transform local businesses and strengthen community connections by building a robust last-mile delivery infrastructure.
Swiggy is an on-demand food delivery platform that connects customers with local restaurants, allowing them to order meals conveniently through a user-friendly app. The platform provides a comprehensive listing of nearby restaurants and their menus, enabling users to place orders and track deliveries in real-time. In addition to food delivery, Swiggy has expanded its services to include the pickup and drop-off of various items, such as laundry and documents, catering to both individual and business clients. By offering timely deliveries and promotional discounts, Swiggy aims to enhance the customer experience and ensure that meals are delivered fresh and promptly.
Faire is an online wholesale marketplace that connects retailers with unique merchandise from various brands and makers, facilitating a streamlined purchasing process. The platform provides retailers with tools and insights to manage inventory effectively, employing artificial intelligence and predictive analytics to forecast product demand. Faire's offerings include net 60 payment terms and free returns, which reduce the risks associated with wholesale purchasing, enabling local retailers and independent brands to compete with larger e-commerce entities. Headquartered in San Francisco and Kitchener, Faire aims to support the future of local retail by simplifying logistics and enhancing access to diverse products.
Faire is an online wholesale marketplace that connects retailers with unique merchandise from various brands and makers, facilitating a streamlined purchasing process. The platform provides retailers with tools and insights to manage inventory effectively, employing artificial intelligence and predictive analytics to forecast product demand. Faire's offerings include net 60 payment terms and free returns, which reduce the risks associated with wholesale purchasing, enabling local retailers and independent brands to compete with larger e-commerce entities. Headquartered in San Francisco and Kitchener, Faire aims to support the future of local retail by simplifying logistics and enhancing access to diverse products.
Market Kurly
Series C in 2018
Market Kurly is an online premium grocery service that compares quality and price when looking for good ingredients for foreign goodies. Market Kurly is a food delivery and logistics platform that enables users to order food via the website and receive it the following morning. The company delivers fresh high-end desserts, bread, milk, bottled water, condiments such as flour & salt, processed foods, and more. The company was founded in 2015 and based in Seoul, South Korea.
Udaan is a B2B e-commerce platform based in India that connects businesses with suppliers across various sectors, including FMCG, pharmaceuticals, and staples. It aims to address core trade challenges faced by small, medium, and large enterprises by providing a centralized platform for buying and selling goods. Udaan facilitates direct connections between clients, allowing them to negotiate better deals while ensuring secure payment processes and efficient logistics. The platform also supports small businesses by offering financial products tailored to their needs, thereby enhancing their operational capabilities and market reach.
Rappi is a consumer tech company operating an on-demand delivery platform in Latin America. It connects consumers with local merchants and independent contractors, facilitating the delivery of prepared foods, groceries, clothing, pharmaceuticals, liquor, and other items directly to customers' doorsteps.
DoorDash, Inc. is a logistics platform that connects consumers, merchants, and delivery personnel, primarily in the United States and Europe. Founded in 2013 and headquartered in San Francisco, the company initially launched as PaloAltoDelivery.com before rebranding to DoorDash, Inc. in 2015. DoorDash offers a marketplace that allows local and national restaurants, as well as other businesses such as grocery stores and retailers, to reach customers through online ordering for pickup or delivery. The company's services include customer acquisition, delivery logistics, insights and analytics, payment processing, and customer support. Additionally, DoorDash operates DoorDash Drive, a white-label logistics service that further enhances its delivery capabilities. Through its platform, DoorDash aims to transform local businesses and strengthen community connections by building a robust last-mile delivery infrastructure.
Market Kurly
Series C in 2018
Market Kurly is an online premium grocery service that compares quality and price when looking for good ingredients for foreign goodies. Market Kurly is a food delivery and logistics platform that enables users to order food via the website and receive it the following morning. The company delivers fresh high-end desserts, bread, milk, bottled water, condiments such as flour & salt, processed foods, and more. The company was founded in 2015 and based in Seoul, South Korea.
Swiggy is an on-demand food delivery platform that connects customers with local restaurants, allowing them to order meals conveniently through a user-friendly app. The platform provides a comprehensive listing of nearby restaurants and their menus, enabling users to place orders and track deliveries in real-time. In addition to food delivery, Swiggy has expanded its services to include the pickup and drop-off of various items, such as laundry and documents, catering to both individual and business clients. By offering timely deliveries and promotional discounts, Swiggy aims to enhance the customer experience and ensure that meals are delivered fresh and promptly.
Flexport
Corporate Round in 2018
Flexport, established in 2013, is a San Francisco-based company specializing in global freight forwarding and customs brokerage services. It offers an online platform that simplifies and streamlines international trade for businesses. Flexport's services include customs clearance, freight transportation by ocean, air, and road, along with value-added services such as cargo insurance, warehousing, and trade finance. The company's user-friendly dashboard enables clients to understand, purchase, manage, and track these services in real-time, optimizing their supply chain and logistics operations.
Cogoport is a multinational company based in Singapore with additional offices in India, Thailand, Vietnam, and Indonesia. Known as an Indian unicorn, Cogoport specializes in providing an enterprise platform that simplifies freight booking for businesses. The platform offers features such as instant rates, transparent pricing, an efficient invoicing process, and real-time information access, allowing companies to transport freight more quickly and cost-effectively. With a workforce of over 1,000 employees across 10 offices in India, Cogoport is currently experiencing significant growth and has received recognition as a high-growth company in the Asia-Pacific region.
Rappi is a consumer tech company operating an on-demand delivery platform in Latin America. It connects consumers with local merchants and independent contractors, facilitating the delivery of prepared foods, groceries, clothing, pharmaceuticals, liquor, and other items directly to customers' doorsteps.
Flexport, established in 2013, is a San Francisco-based company specializing in global freight forwarding and customs brokerage services. It offers an online platform that simplifies and streamlines international trade for businesses. Flexport's services include customs clearance, freight transportation by ocean, air, and road, along with value-added services such as cargo insurance, warehousing, and trade finance. The company's user-friendly dashboard enables clients to understand, purchase, manage, and track these services in real-time, optimizing their supply chain and logistics operations.
Flexport, established in 2013, is a San Francisco-based company specializing in global freight forwarding and customs brokerage services. It offers an online platform that simplifies and streamlines international trade for businesses. Flexport's services include customs clearance, freight transportation by ocean, air, and road, along with value-added services such as cargo insurance, warehousing, and trade finance. The company's user-friendly dashboard enables clients to understand, purchase, manage, and track these services in real-time, optimizing their supply chain and logistics operations.
PT Aplikasi Karya Anak Bangsa, commonly known as Gojek, is a mobile application-based platform founded in 2010 and headquartered in Jakarta, Indonesia. The company initially operated a motorcycle taxi fleet but has since evolved into a comprehensive Super App, offering a wide range of services including food delivery, transportation, digital payments, shopping, and various on-demand services such as massages. Launched in 2015, Gojek has rapidly become the largest consumer transactional technology group in Southeast Asia, driven by its commitment to speed, innovation, and social impact. The platform aims to empower the informal sector in the region while catering to diverse markets, including logistics, food, and entertainment.
Swiggy is an on-demand food delivery platform that connects customers with local restaurants, allowing them to order meals conveniently through a user-friendly app. The platform provides a comprehensive listing of nearby restaurants and their menus, enabling users to place orders and track deliveries in real-time. In addition to food delivery, Swiggy has expanded its services to include the pickup and drop-off of various items, such as laundry and documents, catering to both individual and business clients. By offering timely deliveries and promotional discounts, Swiggy aims to enhance the customer experience and ensure that meals are delivered fresh and promptly.
Dada Group
Series D in 2016
Dada Group is a leading platform of local on-demand retail and delivery in China. It operates JDDJ, one of China's largest local on-demand retail platforms for retailers and brand owners, and Dada Now, a leading local on-demand delivery platform open to merchants and individual senders across various industries and product categories. The Company's two platforms are inter-connected and mutually beneficial. The Dada Now platform enables improved delivery experience for participants on the JDDJ platform through its readily accessible fulfillment solutions and strong on-demand delivery infrastructure. Meanwhile, the vast volume of on-demand delivery orders from the JDDJ platform increases order volume and density for the Dada Now platform. In June 2020, Dada Group began trading on the Nasdaq Global Market, under the ticker symbol "DADA".
Ola operates a mobile technology platform that integrates city transportation for customers and driver partners in India. Its mobile application allows its customers to book a range of cabs, auto-rickshaws, bikes, and shuttle buses. Ola's mobile application allows customers to book city taxi, outstation travel, car rental, and corporate travel services. Its mobile application is available on Windows, Android, and iOS platforms. Ankit Bhati and Bhavish Aggarwal founded Ola on December 1, 2010. It has its headquarters with additional offices in Bengaluru in India.
PT Aplikasi Karya Anak Bangsa, commonly known as Gojek, is a mobile application-based platform founded in 2010 and headquartered in Jakarta, Indonesia. The company initially operated a motorcycle taxi fleet but has since evolved into a comprehensive Super App, offering a wide range of services including food delivery, transportation, digital payments, shopping, and various on-demand services such as massages. Launched in 2015, Gojek has rapidly become the largest consumer transactional technology group in Southeast Asia, driven by its commitment to speed, innovation, and social impact. The platform aims to empower the informal sector in the region while catering to diverse markets, including logistics, food, and entertainment.
Dada Group
Series C in 2015
Dada Group is a leading platform of local on-demand retail and delivery in China. It operates JDDJ, one of China's largest local on-demand retail platforms for retailers and brand owners, and Dada Now, a leading local on-demand delivery platform open to merchants and individual senders across various industries and product categories. The Company's two platforms are inter-connected and mutually beneficial. The Dada Now platform enables improved delivery experience for participants on the JDDJ platform through its readily accessible fulfillment solutions and strong on-demand delivery infrastructure. Meanwhile, the vast volume of on-demand delivery orders from the JDDJ platform increases order volume and density for the Dada Now platform. In June 2020, Dada Group began trading on the Nasdaq Global Market, under the ticker symbol "DADA".
Ola operates a mobile technology platform that integrates city transportation for customers and driver partners in India. Its mobile application allows its customers to book a range of cabs, auto-rickshaws, bikes, and shuttle buses. Ola's mobile application allows customers to book city taxi, outstation travel, car rental, and corporate travel services. Its mobile application is available on Windows, Android, and iOS platforms. Ankit Bhati and Bhavish Aggarwal founded Ola on December 1, 2010. It has its headquarters with additional offices in Bengaluru in India.
Flipkart, established in 2007, is a leading Indian e-commerce marketplace headquartered in Bengaluru. It offers a vast array of products, spanning over 70 categories and 30 million items, including electronics, home appliances, fashion, and health care. With a workforce of 33,000 and 75 million registered users, Flipkart facilitates over 10 million daily visits and delivers approximately 8 million shipments monthly. Founded by Binny and Sachin Bansal, the company was acquired by Walmart in 2018. Flipkart Ventures, its venture arm, invests in seed to series B-stage companies.
Flipkart, established in 2007, is a leading Indian e-commerce marketplace headquartered in Bengaluru. It offers a vast array of products, spanning over 70 categories and 30 million items, including electronics, home appliances, fashion, and health care. With a workforce of 33,000 and 75 million registered users, Flipkart facilitates over 10 million daily visits and delivers approximately 8 million shipments monthly. Founded by Binny and Sachin Bansal, the company was acquired by Walmart in 2018. Flipkart Ventures, its venture arm, invests in seed to series B-stage companies.
Flipkart, established in 2007, is a leading Indian e-commerce marketplace headquartered in Bengaluru. It offers a vast array of products, spanning over 70 categories and 30 million items, including electronics, home appliances, fashion, and health care. With a workforce of 33,000 and 75 million registered users, Flipkart facilitates over 10 million daily visits and delivers approximately 8 million shipments monthly. Founded by Binny and Sachin Bansal, the company was acquired by Walmart in 2018. Flipkart Ventures, its venture arm, invests in seed to series B-stage companies.
JD.com, Inc., based in Beijing, is a leading e-commerce company in China, operating through its subsidiaries. It offers a wide array of products, from electronics and apparel to food and healthcare items, through its website and mobile apps. JD.com is notable for its extensive logistics network, JD Logistics, which provides efficient and reliable delivery services. The company also operates JD Health, a prominent online healthcare platform offering pharmaceuticals, medical supplies, and online consultations. JD.com's unique selling proposition lies in its self-operated logistics network, ensuring speedy and reliable delivery, and its commitment to providing authentic products. As of 2022, JD.com's gross merchandise volume (GMV) was comparable to Pinduoduo's, but still lower than Alibaba's.
Zalando
Venture Round in 2012
Zalando is a leading European online fashion platform based in Berlin, founded in 2008. It offers a wide assortment of clothing, footwear, accessories, and beauty products, featuring over 7,000 brands and catering to nearly 50 million active customers across 25 markets. The company has established a significant presence in the DACH region, which includes Germany, Austria, and Switzerland, accounting for a substantial portion of its revenue. Zalando aims to provide an exceptional online shopping experience by continuously enhancing its technology, logistics, and marketing strategies. Its logistics network includes 13 fulfillment centers strategically located to efficiently serve local customer needs. As Europe's largest pure-play online fashion retailer, Zalando strives to be the go-to destination for fashion inspiration, innovation, and interaction.
Alibaba Group
Private Equity Round in 2011
Alibaba Group is the largest online and mobile commerce company globally, primarily known for its extensive e-commerce platforms that connect buyers and sellers. It operates notable marketplaces in China, including Taobao, which focuses on consumer-to-consumer transactions, and Tmall, which caters to business-to-consumer interactions. The company's core business lies in its China commerce retail division, which is a significant source of cash flow. In addition to retail and wholesale transactions, Alibaba also generates revenue from various sectors, including international commerce, local consumer services, cloud computing, digital media and entertainment, and logistics through its Cainiao network. Alibaba's diverse portfolio positions it as a key player across multiple industries, including retail, logistics, and technology.
JD.com, Inc., based in Beijing, is a leading e-commerce company in China, operating through its subsidiaries. It offers a wide array of products, from electronics and apparel to food and healthcare items, through its website and mobile apps. JD.com is notable for its extensive logistics network, JD Logistics, which provides efficient and reliable delivery services. The company also operates JD Health, a prominent online healthcare platform offering pharmaceuticals, medical supplies, and online consultations. JD.com's unique selling proposition lies in its self-operated logistics network, ensuring speedy and reliable delivery, and its commitment to providing authentic products. As of 2022, JD.com's gross merchandise volume (GMV) was comparable to Pinduoduo's, but still lower than Alibaba's.