DST Global

Clara is a Latin American fintech company specializing in corporate spending management. It offers locally-issued corporate cards, bill pay services, financing solutions, and a software platform designed to streamline expense reporting and provide real-time insights into spending.

Zepto is an e-grocery company specializing in delivering daily essentials and grocery items. It offers a wide range of products including fruits, vegetables, snacks, and electronics, serving various retail, food and beverage, and logistics industries.

Zepto is an e-grocery company specializing in delivering daily essentials and grocery items. It offers a wide range of products including fruits, vegetables, snacks, and electronics, serving various retail, food and beverage, and logistics industries.

Hurb is a global technology platform headquartered in Rio de Janeiro, Brazil, specializing in streamlining travel services. It facilitates bookings for over 35,000 destinations worldwide, with a focus on accommodations and activities. Hurb's platform connects users with suppliers, enabling efficient reservations and shared experiences. As of 2020, the company sold one room night every three seconds and contributed to 1.56% of Brazil's tourism GDP. It maintains offices in Porto, Portugal, and plans to expand to Montreal, Canada. With over 20 million registered travelers and 16 million social media followers, Hurb optimizes travel experiences by offering competitive tour packages.

Lyskraft is a global fashion and lifestyle company that operates an omnichannel platform. It offers customers worldwide a unique shopping experience, blending the convenience of online shopping with the personal touch of in-store customization and engagement. The company specializes in women's fashion and lifestyle categories, curating a selection of handpicked brands and designers, and regularly updating its collection to keep up with the latest trends.

Quince, LLC, established in 2016 and headquartered in San Francisco, California, is a retailer specializing in affordable luxury apparel, accessories, and home goods. The company offers a wide range of products for men and women, including jewelry, clothing, and home textiles, all sourced directly from manufacturers using a just-in-time production model. This approach enables Quince to provide high-quality items at competitive prices while minimizing waste.

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.

Clara is a Latin American fintech company specializing in corporate spending management. It offers locally-issued corporate cards, bill pay services, financing solutions, and a software platform designed to streamline expense reporting and provide real-time insights into spending.

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.

Clara is a Latin American fintech company specializing in corporate spending management. It offers locally-issued corporate cards, bill pay services, financing solutions, and a software platform designed to streamline expense reporting and provide real-time insights into spending.

Cider is a direct-to-consumer (DTC) e-commerce platform focusing on overseas markets. Its innovative approach to building community, reducing inventory waste, and shipping anywhere has made it a new favorite for a generation of digitally native consumers. By integrating a pre-order option and educating the customer on the possibility of a zero-inventory future, Cider’s retail model is actively reducing the waste that often accompanies accessible fashion — without having to sacrifice affordability. It was founded in 2020 and is based in Hong Kong.

PatPat is an online shopping platform specializing in baby and maternity products. It offers daily deals on a wide range of items at significantly discounted prices, often up to 90% off, through direct partnerships with manufacturers.

Rappi is a consumer technology company that operates an on-demand delivery platform in Latin America. The platform connects consumers with local merchants and independent couriers to order and deliver items ranging from prepared foods and groceries to clothing, pharmaceuticals, liquor, and other goods. Through its logistics capabilities, Rappi enables users to shop for a wide array of products and have them delivered to any location, often within hours, leveraging its network of independent contractors to fulfill orders across multiple categories.

Market Kurly is an online grocery service based in Seoul, South Korea, that specializes in the delivery of fresh and premium food products. Founded in 2014, the platform allows users to order a wide range of items, including vegetables, fruits, meats, dairy, baked goods, and processed foods, all sourced directly from producers. Market Kurly focuses on providing high-quality ingredients and offers next-day delivery, ensuring that customers receive their orders promptly. The service also includes non-perishable items, enabling shoppers to conveniently access a variety of groceries. Through its innovative logistics and delivery system, Market Kurly aims to enhance the grocery shopping experience by transforming the way food is produced and distributed.

DealShare is a social e-commerce startup in India that operates an online buying platform for multi-category consumer products with a WhatsApp-first approach. It targets non-metro and rural users who are new to online shopping and prefer mobile and social channels, helping them buy with a few clicks and share deals with friends. Discounts are offered based on the number of people purchasing, using demand aggregation (C2B) and social virality to reduce operational costs and price pressures. The product catalog spans fruits and vegetables, groceries, beauty and wellness, baby care, fashion accessories, electronics, and home decor, with a sharp assortment designed for capital and price efficiency.

Faire is a two-sided marketplace connecting local retail stores with unique wholesale merchandise from brands and makers. It offers retailers tools for data insights, financial terms, and logistics support to compete with larger competitors. Faire's platform simplifies wholesale buying and selling processes, offering net 60 payment terms and free returns.

Cider is a direct-to-consumer (DTC) e-commerce platform focusing on overseas markets. Its innovative approach to building community, reducing inventory waste, and shipping anywhere has made it a new favorite for a generation of digitally native consumers. By integrating a pre-order option and educating the customer on the possibility of a zero-inventory future, Cider’s retail model is actively reducing the waste that often accompanies accessible fashion — without having to sacrifice affordability. It was founded in 2020 and is based in Hong Kong.

Clara is a Latin American fintech company specializing in corporate spending management. It offers locally-issued corporate cards, bill pay services, financing solutions, and a software platform designed to streamline expense reporting and provide real-time insights into spending.

Manna is a drone delivery service that focuses on enhancing local businesses by offering a rapid delivery solution. Utilizing customized aerospace-grade drones, the company services suburban and rural communities with a delivery radius of 30 square miles. Manna's innovative approach enables retailers, restaurants, convenience stores, and pharmacies to significantly reduce delivery times, achieving deliveries within three minutes, which is a substantial improvement compared to traditional road-based delivery methods. By adhering to regulations set by aviation authorities in Europe and the USA, Manna not only transforms the logistics of delivery but also aims to improve the overall consumer experience.

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.

Dingdong Maicai is a leading Chinese community-based online retail platform specializing in fresh produce, founded in 2014 and headquartered in Shanghai. The company focuses on enhancing the fresh food consumption experience through its technologically driven service model, which includes direct procurement from producers, efficient pre-warehouse distribution, and rapid home delivery within 29 minutes. It offers a wide range of products, including fresh vegetables, meat, seafood, and other daily necessities, accessible via the Dingdong Fresh app and mini-programs. Operating in major cities like Shanghai, Beijing, Shenzhen, Hangzhou, and Suzhou, Dingdong Maicai is recognized as one of the fastest growing on-demand e-commerce companies in China, supported by an extensive self-operated fulfillment network.

Fetch Rewards, LLC operates a mobile application that enables users to scan their grocery receipts from various retail outlets, including grocery, convenience, drug, liquor, and club stores. Founded in 2012 and based in Madison, Wisconsin, the platform allows users to accumulate points through their purchases, which can then be redeemed for gift cards to various retailers. The app simplifies the savings process for consumers while offering brand partners valuable insights into shopping behaviors and the ability to reward customer loyalty effectively. Fetch Rewards aims to enhance the shopping experience by making it easy to save on everyday purchases.

Founded in 2015, Weee! is a California-based online grocery retailer specializing in Asian and Hispanic food products. It offers a curated selection of fruits, seafood, snacks, and daily essentials sourced from local farms and trusted brands, serving customers in major U.S. cities.

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 a two-sided marketplace connecting local retail stores with unique wholesale merchandise from brands and makers. It offers retailers tools for data insights, financial terms, and logistics support to compete with larger competitors. Faire's platform simplifies wholesale buying and selling processes, offering net 60 payment terms and free returns.

Founded in 2016, Kavak is a Mexican online platform specializing in the e-commerce of used cars. It aims to formalize the pre-owned car industry by offering real-time market data and a wide catalog of certified vehicles at fair prices. The platform provides services such as home delivery, financing options, and guarantees, enabling users to buy and sell vehicles hassle-free.

Founded in 2015, Weee! is a California-based online grocery retailer specializing in Asian and Hispanic food products. It offers a curated selection of fruits, seafood, snacks, and daily essentials sourced from local farms and trusted brands, serving customers in major U.S. cities.

Instacart operates a grocery delivery platform in the United States and Canada, partnering with local and national grocers to offer a broad catalog of items for home delivery. Customers can mix items from multiple stores in a single order, and orders are picked and delivered by shoppers who are typically independent contractors. The platform supports fast delivery, including options in as little as an hour. Instacart earns revenue from service fees based on order value and by selling advertising to consumer-packaged goods brands. The service catalogs about 500,000 items and attracts about 8 million monthly active users, supported by roughly 600,000 shoppers.

Market Kurly is an online grocery service based in Seoul, South Korea, that specializes in the delivery of fresh and premium food products. Founded in 2014, the platform allows users to order a wide range of items, including vegetables, fruits, meats, dairy, baked goods, and processed foods, all sourced directly from producers. Market Kurly focuses on providing high-quality ingredients and offers next-day delivery, ensuring that customers receive their orders promptly. The service also includes non-perishable items, enabling shoppers to conveniently access a variety of groceries. Through its innovative logistics and delivery system, Market Kurly aims to enhance the grocery shopping experience by transforming the way food is produced and distributed.

Revolut is a financial services company that operates a mobile banking platform and a multi-currency card. The app allows users to exchange currencies at interbank rates, pay with a card, and send money domestically and internationally. It provides tools for money management, including expense tracking and direct transfers to bank accounts. Since starting as a platform for prepaid cards and currency exchange, Revolut has expanded to features such as cryptocurrency trading, stock trading, and insurance offerings, alongside money remittance and card payments. The company serves customers globally, aiming to simplify managing money across currencies and borders through its digital platform.

DealShare is a social e-commerce startup in India that operates an online buying platform for multi-category consumer products with a WhatsApp-first approach. It targets non-metro and rural users who are new to online shopping and prefer mobile and social channels, helping them buy with a few clicks and share deals with friends. Discounts are offered based on the number of people purchasing, using demand aggregation (C2B) and social virality to reduce operational costs and price pressures. The product catalog spans fruits and vegetables, groceries, beauty and wellness, baby care, fashion accessories, electronics, and home decor, with a sharp assortment designed for capital and price efficiency.

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.

RELX Technology is an independent e-cigarette brand headquartered in Beijing, focusing on the development of innovative e-vapor products exclusively for adult smokers. The company has established a strong presence in over 50 countries, emerging as the market leader in China. RELX's diverse product portfolio includes four distinct product lines and a smartphone application designed to enhance user experience. The company emphasizes ethical practices and is recognized by the Chinese government as a socially-responsible corporation. RELX Technology prioritizes research and development, employing advanced technologies such as artificial intelligence and facial recognition to prevent underage access to its products. With an integrated offline distribution model and branded retail outlets, RELX is well-positioned in China’s e-vapor market.

Poizon, established in 2015 by Shanghai Shizhuang Information Technology Co., Ltd., is China's leading sneaker trading platform, boasting an annual gross merchandise volume of $10 billion and over 1.4 million active users as of 2019. The company operates the Dewu App, which facilitates the exchange of sports equipment and provides features for shoe identification. By employing a consumer-to-business-to-consumer model, Poizon connects buyers and sellers while offering authentication services to guarantee the authenticity of products purchased on its platform. This approach not only enhances user trust but also fosters a community where individuals can communicate and share their enthusiasm for current fashion trends.

Rappi is a consumer technology company that operates an on-demand delivery platform in Latin America. The platform connects consumers with local merchants and independent couriers to order and deliver items ranging from prepared foods and groceries to clothing, pharmaceuticals, liquor, and other goods. Through its logistics capabilities, Rappi enables users to shop for a wide array of products and have them delivered to any location, often within hours, leveraging its network of independent contractors to fulfill orders across multiple categories.

Faire is a two-sided marketplace connecting local retail stores with unique wholesale merchandise from brands and makers. It offers retailers tools for data insights, financial terms, and logistics support to compete with larger competitors. Faire's platform simplifies wholesale buying and selling processes, offering net 60 payment terms and free returns.

Faire is a two-sided marketplace connecting local retail stores with unique wholesale merchandise from brands and makers. It offers retailers tools for data insights, financial terms, and logistics support to compete with larger competitors. Faire's platform simplifies wholesale buying and selling processes, offering net 60 payment terms and free returns.

Market Kurly is an online grocery service based in Seoul, South Korea, that specializes in the delivery of fresh and premium food products. Founded in 2014, the platform allows users to order a wide range of items, including vegetables, fruits, meats, dairy, baked goods, and processed foods, all sourced directly from producers. Market Kurly focuses on providing high-quality ingredients and offers next-day delivery, ensuring that customers receive their orders promptly. The service also includes non-perishable items, enabling shoppers to conveniently access a variety of groceries. Through its innovative logistics and delivery system, Market Kurly aims to enhance the grocery shopping experience by transforming the way food is produced and distributed.

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 technology company that operates an on-demand delivery platform in Latin America. The platform connects consumers with local merchants and independent couriers to order and deliver items ranging from prepared foods and groceries to clothing, pharmaceuticals, liquor, and other goods. Through its logistics capabilities, Rappi enables users to shop for a wide array of products and have them delivered to any location, often within hours, leveraging its network of independent contractors to fulfill orders across multiple categories.

Market Kurly is an online grocery service based in Seoul, South Korea, that specializes in the delivery of fresh and premium food products. Founded in 2014, the platform allows users to order a wide range of items, including vegetables, fruits, meats, dairy, baked goods, and processed foods, all sourced directly from producers. Market Kurly focuses on providing high-quality ingredients and offers next-day delivery, ensuring that customers receive their orders promptly. The service also includes non-perishable items, enabling shoppers to conveniently access a variety of groceries. Through its innovative logistics and delivery system, Market Kurly aims to enhance the grocery shopping experience by transforming the way food is produced and distributed.

Poizon, established in 2015 by Shanghai Shizhuang Information Technology Co., Ltd., is China's leading sneaker trading platform, boasting an annual gross merchandise volume of $10 billion and over 1.4 million active users as of 2019. The company operates the Dewu App, which facilitates the exchange of sports equipment and provides features for shoe identification. By employing a consumer-to-business-to-consumer model, Poizon connects buyers and sellers while offering authentication services to guarantee the authenticity of products purchased on its platform. This approach not only enhances user trust but also fosters a community where individuals can communicate and share their enthusiasm for current fashion trends.

Revolut is a financial services company that operates a mobile banking platform and a multi-currency card. The app allows users to exchange currencies at interbank rates, pay with a card, and send money domestically and internationally. It provides tools for money management, including expense tracking and direct transfers to bank accounts. Since starting as a platform for prepaid cards and currency exchange, Revolut has expanded to features such as cryptocurrency trading, stock trading, and insurance offerings, alongside money remittance and card payments. The company serves customers globally, aiming to simplify managing money across currencies and borders through its digital platform.

Rappi is a consumer technology company that operates an on-demand delivery platform in Latin America. The platform connects consumers with local merchants and independent couriers to order and deliver items ranging from prepared foods and groceries to clothing, pharmaceuticals, liquor, and other goods. Through its logistics capabilities, Rappi enables users to shop for a wide array of products and have them delivered to any location, often within hours, leveraging its network of independent contractors to fulfill orders across multiple categories.

Deliveroo is a United Kingdom-based online food delivery platform that connects consumers with local restaurants to enable easy ordering and fast delivery. Founded in 2012 and headquartered in London, the company operates across multiple countries and more than 800 towns and cities, with a network of over 140,000 partner restaurants and about 180,000 delivery riders. It generates revenue through a mix of commissions from restaurants, customer fees, restaurant sign-up charges, and packaging sales, supporting both consumer orders and restaurant partners.

Deliveroo is a United Kingdom-based online food delivery platform that connects consumers with local restaurants to enable easy ordering and fast delivery. Founded in 2012 and headquartered in London, the company operates across multiple countries and more than 800 towns and cities, with a network of over 140,000 partner restaurants and about 180,000 delivery riders. It generates revenue through a mix of commissions from restaurants, customer fees, restaurant sign-up charges, and packaging sales, supporting both consumer orders and restaurant partners.

Founded in 2015, Alto Pharmacy is America's leading digital pharmacy, transforming the $500 billion pharmaceutical industry. It combines expert pharmacist care with purpose-built technology to deliver a more convenient and affordable medication experience for customers. With over three million prescriptions fulfilled and expansion into twelve markets, Alto offers medication management and scheduled delivery through its mobile app, boasting an industry-leading NPS score of 86.

Deliveroo is a United Kingdom-based online food delivery platform that connects consumers with local restaurants to enable easy ordering and fast delivery. Founded in 2012 and headquartered in London, the company operates across multiple countries and more than 800 towns and cities, with a network of over 140,000 partner restaurants and about 180,000 delivery riders. It generates revenue through a mix of commissions from restaurants, customer fees, restaurant sign-up charges, and packaging sales, supporting both consumer orders and restaurant partners.

Founded in 2010 and based in San Francisco, Wish is an e-commerce platform that offers a wide range of affordable goods to consumers globally. The platform utilizes big data, machine learning, and search technologies to deliver a visually engaging and personalized shopping experience. Wish connects customers with a vast network of direct suppliers, enabling access to quality products through a mobile-friendly interface. It features a diverse product selection, including clothing, accessories, gaming equipment, cosmetics, and mobile covers. By 2018, Wish had attracted over 80 million monthly active users and collaborated with more than one million merchants, selling nearly one billion products each year. The company primarily generates revenue from Europe, while also maintaining a presence in North America, South America, and other regions.

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.

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".

Deliveroo is a United Kingdom-based online food delivery platform that connects consumers with local restaurants to enable easy ordering and fast delivery. Founded in 2012 and headquartered in London, the company operates across multiple countries and more than 800 towns and cities, with a network of over 140,000 partner restaurants and about 180,000 delivery riders. It generates revenue through a mix of commissions from restaurants, customer fees, restaurant sign-up charges, and packaging sales, supporting both consumer orders and restaurant partners.

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".

ContextLogic Inc., formerly known for its Wish ecommerce platform, is a technology-driven company specializing in the online retail sector. The company previously offered a global marketplace connecting consumers with merchants through a mobile shopping experience. Following a recent transaction, ContextLogic has sold its operating assets to Qoo10 and now focuses on leveraging its substantial net operating losses (NOLs) for future financial opportunities. ContextLogic continues to explore ways to maximize the value of these tax attributes while managing reduced operational expenses.

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%.

Xiaomi Corporation is an Internet company that provides hardware, software, and Internet services globally. It operates through segments including Smartphones, IoT and Lifestyle Products, and Internet Services. Xiaomi offers a wide range of products such as smartphones, smart TVs, laptops, AI speakers, smart routers, and various IoT devices. The company also provides advertising services and other internet value-added services.

Flipkart is an Indian e-commerce marketplace offering over 30 million products across 70-plus categories, including books, electronics, home goods, and health care items. Headquartered in Bengaluru, it serves about 75 million registered users with around 10 million daily visits and ships roughly 8 million orders each month. Founded in 2007 by Binny and Sachin Bansal, Flipkart grew into a leading online retailer and was acquired by Walmart in 2018. The platform leverages technology and a large-scale logistics network to enable buyers and sellers to transact across a broad range of consumer goods.

Flipkart is an Indian e-commerce marketplace offering over 30 million products across 70-plus categories, including books, electronics, home goods, and health care items. Headquartered in Bengaluru, it serves about 75 million registered users with around 10 million daily visits and ships roughly 8 million orders each month. Founded in 2007 by Binny and Sachin Bansal, Flipkart grew into a leading online retailer and was acquired by Walmart in 2018. The platform leverages technology and a large-scale logistics network to enable buyers and sellers to transact across a broad range of consumer goods.

Flipkart is an Indian e-commerce marketplace offering over 30 million products across 70-plus categories, including books, electronics, home goods, and health care items. Headquartered in Bengaluru, it serves about 75 million registered users with around 10 million daily visits and ships roughly 8 million orders each month. Founded in 2007 by Binny and Sachin Bansal, Flipkart grew into a leading online retailer and was acquired by Walmart in 2018. The platform leverages technology and a large-scale logistics network to enable buyers and sellers to transact across a broad range of consumer goods.

Xiaomi Corporation is an Internet company that provides hardware, software, and Internet services globally. It operates through segments including Smartphones, IoT and Lifestyle Products, and Internet Services. Xiaomi offers a wide range of products such as smartphones, smart TVs, laptops, AI speakers, smart routers, and various IoT devices. The company also provides advertising services and other internet value-added services.

JD Logistics is a technology-driven supply chain solution and logistics service provider in China. It offers a full spectrum of services, including warehousing, distribution, and specialized items delivery, serving various industries such as fast-moving consumer goods, apparel, home appliances, and automotive.

Xiaomi Corporation is an Internet company that provides hardware, software, and Internet services globally. It operates through segments including Smartphones, IoT and Lifestyle Products, and Internet Services. Xiaomi offers a wide range of products such as smartphones, smart TVs, laptops, AI speakers, smart routers, and various IoT devices. The company also provides advertising services and other internet value-added services.

Founded in Berlin in 2008, Zalando is Europe's leading online fashion platform. It offers a wide range of clothing, footwear, accessories, and beauty products from international brands to local labels. With over 42 million active customers across 17 markets, Zalando aims to be the starting point for fashion. Its efficient logistics network ensures timely delivery throughout Europe.

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.

JD Logistics is a technology-driven supply chain solution and logistics service provider in China. It offers a full spectrum of services, including warehousing, distribution, and specialized items delivery, serving various industries such as fast-moving consumer goods, apparel, home appliances, and automotive.

Groupon is a global online marketplace that connects consumers with merchants by offering discounted deals on goods and services across categories such as events, travel, dining, beauty, home, and merchandise. The platform operates through websites and mobile apps, enabling users to browse, purchase, and redeem deals, and to discover experiences, getaways, and discounted products. Groupon provides merchants with deal campaigns, payment processing features, and point-of-sale solutions, earning revenue primarily through commissions on transactions conducted via its marketplace and digital coupons. The company operates primarily in North America and internationally through a network of local and national partners, delivering a daily deals and discounts model that positions it as a middleman between shoppers and businesses.

Groupon is a global online marketplace that connects consumers with merchants by offering discounted deals on goods and services across categories such as events, travel, dining, beauty, home, and merchandise. The platform operates through websites and mobile apps, enabling users to browse, purchase, and redeem deals, and to discover experiences, getaways, and discounted products. Groupon provides merchants with deal campaigns, payment processing features, and point-of-sale solutions, earning revenue primarily through commissions on transactions conducted via its marketplace and digital coupons. The company operates primarily in North America and internationally through a network of local and national partners, delivering a daily deals and discounts model that positions it as a middleman between shoppers and businesses.