GGV Capital V

GGV Capital V, established in 2016, is a venture capital fund based in Menlo Park, California, managed by GGV Capital. The fund invests in the United States and China, focusing on the software sector. It typically allocates USD 5 to 25 million for initial investments in companies within this sector.

Robin Li

Associate

Haojun Li

Partner

Past deals in E-commerce

Supermom

Series B in 2024
Supermom is an online marketplace for parents and expecting mothers, offering a wide range of products and services for maternity, newborns, babies, toddlers, and kids. It provides essential items such as diapers, feeding accessories, baby food, toys, educational materials, strollers, car seats, bedding, nursery items, and baby fashion.

Daki

Series D in 2023
Daki operates a mobile application that functions as a digital supermarket, offering daily essentials and facilitating home deliveries. Users can conveniently shop for groceries and other necessities through the platform.

JOKR

Series C in 2023
JOKR is a global platform for instant retail delivery operating at a hyper-local scale. It offers a fast, personalized, and sustainable grocery shopping experience through its network of micro-fulfillment centers, delivering orders within minutes.

Hutouju

Venture Round in 2023
Hutouju is a Chinese dessert retailer that operates both retail locations and online stores. It offer customers tasty products with a Chinese style.

Baoxiao Box

Series A in 2022
Baoxiao Box provides 2D design, 3D definition rendering, packaging design tools, and an e-commerce printing service. They allow users to create, make edits, and connect with producers, providing designers with tools to create their packages.

Dian Xiaomi

Series D in 2022
Dian Xiaomi is a e-commerce IT service company, focusing on providing SaaS system services for global e-commerce sellers, making it easier to "buy and sell globally". Dian Xiaomi gathers a strong domestic IT R&D team. The core members are from well-known companies such as Baidu, Tencent, and Meituan. They have 15+ years of experience in software research and development. Dian Xiaomi was established on March 26, 2014 by Jianyin Du in Longgang, Guangdong.

Yamibuy

Series B in 2022
Founded in 2013 by CEO Alex Zhou, Yamibuy is the leading e-commerce site to purchase the most complete selection of Asian products. Rapid year-over-year growth since the company’s founding has earned Yamibuy the distinction of being the most popular one-stop shopping destination among the Chinese community in North America.

Dian Xiaomi

Series C in 2022
Dian Xiaomi is a e-commerce IT service company, focusing on providing SaaS system services for global e-commerce sellers, making it easier to "buy and sell globally". Dian Xiaomi gathers a strong domestic IT R&D team. The core members are from well-known companies such as Baidu, Tencent, and Meituan. They have 15+ years of experience in software research and development. Dian Xiaomi was established on March 26, 2014 by Jianyin Du in Longgang, Guangdong.

Ownit

Seed Round in 2022
Founded in 2021, Ownit leverages generative AI to create infinite shoppable articles, enhancing brands' visibility on search engines and improving shoppers' purchasing experience. The company aims to facilitate commerce at the point of discovery, benefiting brands, creators, and consumers alike.

Addi

Series C in 2021
Addi is a technology company that provides consumer credit and point-of-sale financing solutions. Its application enables customers to apply for credit at the moment of purchase at partner retailers and to pay for purchases in interest-free installments, supporting affordable financing for shopping needs and expanding digital commerce.

JOKR

Series B in 2021
JOKR is a global platform for instant retail delivery operating at a hyper-local scale. It offers a fast, personalized, and sustainable grocery shopping experience through its network of micro-fulfillment centers, delivering orders within minutes.

Zhijian

Angel Round in 2021
Zhijian is a marketing digital service provider specializing in private domain operation solutions tailored for medium and large-scale service firms. The company develops customer relationship management software that includes self-created tools such as a customer data platform, sales automation systems, and social customer relationship management applications. By offering these comprehensive solutions, Zhijian enables enterprises to enhance their customer experience and optimize their operational efficiency.

Telio.vn

Series B in 2021
Telio Vietnam Co., Ltd. is a business-to-business commerce platform founded in 2018 and based in Hanoi, Vietnam. It specializes in providing a diverse range of products, including groceries and fast-moving consumer goods such as spices, instant foods, beverages, candies, cosmetics, and canned foods. The platform connects small, traditional retailers with brands and wholesalers, enabling these retailers to access a wider selection of products, better pricing, and improved logistics. By digitizing the sales process, Telio enhances operational efficiency and allows retailers to benefit from economies of scale, ultimately offering reduced costs and valuable insights into customer data.

Addi

Series B in 2021
Addi is a technology company that provides consumer credit and point-of-sale financing solutions. Its application enables customers to apply for credit at the moment of purchase at partner retailers and to pay for purchases in interest-free installments, supporting affordable financing for shopping needs and expanding digital commerce.

PatPat

Series C in 2021
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.

JOKR

Series A in 2021
JOKR is a global platform for instant retail delivery operating at a hyper-local scale. It offers a fast, personalized, and sustainable grocery shopping experience through its network of micro-fulfillment centers, delivering orders within minutes.

Hutouju

Series A in 2021
Hutouju is a Chinese dessert retailer that operates both retail locations and online stores. It offer customers tasty products with a Chinese style.

Dian Xiaomi

Series B in 2021
Dian Xiaomi is a e-commerce IT service company, focusing on providing SaaS system services for global e-commerce sellers, making it easier to "buy and sell globally". Dian Xiaomi gathers a strong domestic IT R&D team. The core members are from well-known companies such as Baidu, Tencent, and Meituan. They have 15+ years of experience in software research and development. Dian Xiaomi was established on March 26, 2014 by Jianyin Du in Longgang, Guangdong.

Snappy

Series C in 2021
Snappy is a gifting platform designed to simplify the process of giving gifts, transforming it into a seamless one-click experience for gift givers and an enjoyable experience for recipients. The platform enables users to send personalized gifts for various occasions, including birthdays, holidays, and achievements. By offering a diverse selection of gift card options from popular retailers, Snappy allows users to customize messages and track the delivery and redemption of gifts in real time. Additionally, Snappy's enterprise features include the ability to create customized gift campaigns, organize recipients, and manage budgets with advanced projection and reporting tools. This functionality supports long-term employee recognition, customer retention, and sales initiatives through thoughtful gifting, thereby fostering stronger relationships.

Yiauto

Series C in 2021
Yiauto is a car-buying platform based in China that focuses on enhancing transparency in the car-buying experience for consumers. The company leverages technology solutions to deliver real-time information and streamline the supply chain, which helps to lower operational overhead costs. This operational efficiency ultimately contributes to reduced prices for consumers, making the car-buying process more accessible and straightforward.

Slice

Series D in 2021
Slice is an online pizza ordering platform that connects consumers with authentic local pizzerias across the United States. Founded in 2015 by Ilir Sela to support his friends’ and family’s New York City pizzerias, Slice aims to provide local pizza shops with the tools and resources necessary to thrive in a competitive market dominated by large chains. The company offers technology, data insights, and marketing support to empower pizzeria owners, enabling them to enhance their profitability while maintaining their independence. With a network that spans over 3,000 cities and all 50 states, Slice has established itself as the largest community of independent pizzerias in the nation, helping small businesses flourish and remain integral to their local communities.

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.

Shelf Engine

Series B in 2021
Shelf Engine is a Seattle-based company founded in 2015 that specializes in an automated prediction platform aimed at minimizing food waste in the grocery sector. By employing machine learning and analyzing historical data, the platform accurately forecasts demand for perishable goods, allowing grocery stores to optimize their ordering processes. This innovative approach not only helps retailers avoid out-of-stock situations but also significantly reduces food and beverage waste. Shelf Engine manages the entire ordering process, including vendor management and shelf optimization, which enhances profit margins for grocery stores. The company operates with a unique buy-back model for unsold items, thereby mitigating financial risk for retailers. With a workforce of over 145 employees, Shelf Engine serves leading grocers across thousands of locations in the United States.

Loggi

Series F in 2021
Loggi is a logistics technology company based in São Paulo, Brazil, founded in 2013. It operates an online shipping platform that connects couriers with shippers, facilitating efficient and reliable delivery services. The platform caters to major e-commerce players, small and medium-sized businesses, and individual users, addressing their shipping needs. By streamlining logistics, Loggi supports the growth of the on-demand economy in Brazil, particularly among its large, young, urban population. The company's focus on cost-effective and agile delivery solutions enables users to manage their logistics seamlessly from home, contributing to a more connected and convenient commerce landscape.

Zhuizhi Technology

Series A in 2021
Zhuizhi Technology specializes in providing technology services tailored for fast-selling retail companies, focusing on smart retail integrated solutions. The company offers a range of products, including payment access services, mobile management assistant applets, and smart cash registers, all designed to facilitate intelligent management and enhance sales efficiency for retailers. Zhuizhi Technology's expertise encompasses store digitization, optimization of offline to online traffic, precision marketing for members, and improvements in both shopping experiences and store floor efficiency. By addressing the needs of the retail industry through innovative solutions for middle and front desk operations, Zhuizhi Technology supports merchants in managing their businesses effectively.

Dian Xiaomi

Series B in 2021
Dian Xiaomi is a e-commerce IT service company, focusing on providing SaaS system services for global e-commerce sellers, making it easier to "buy and sell globally". Dian Xiaomi gathers a strong domestic IT R&D team. The core members are from well-known companies such as Baidu, Tencent, and Meituan. They have 15+ years of experience in software research and development. Dian Xiaomi was established on March 26, 2014 by Jianyin Du in Longgang, Guangdong.

Affirm

Post in 2021
Affirm is a financial technology company that offers consumer installment loans at the point of sale through its Buy with Affirm platform. Shoppers can select Affirm at checkout and pay for purchases in fixed monthly installments with real-time decisioning and upfront, transparent terms, avoiding hidden fees. The company provides a digital and mobile‑first platform that includes a point‑of‑sale payment solution for merchants and a consumer app, and it partners with thousands of merchants across categories such as home, travel, electronics, apparel, and beauty. Revenue comes from merchant networks and related services, including virtual card networks, with the majority of business generated in the United States, and ongoing activity in Canada and other regions. Founded in 2012 and headquartered in San Francisco with an additional office in Chicago, Affirm aims to offer an accessible alternative to traditional credit that improves budgeting and financial clarity for consumers.

Udaan

Series D in 2021
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.

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.

Wanwu Dezhi

Series C in 2020
The Wanwu Dezhi app is an e-commerce platform that offers a wide range of mobile Internet services, including Wenwan handicraft transactions, expert online treasure appraisal, and the Guofeng life community. It is dedicated to breaking down industry barriers and using the transparency of the Internet to establish and improve industry standards and efficiency. It provides users with cost-effective and high-quality cultural and entertainment products and a high-quality shopping experience through its three core services of live streaming, bidding, and one-price (distribution), while also providing a large number of commodities and a convenient online trading platform for merchants to buy and sell goods.

GrubMarket

Series D in 2020
GrubMarket, Inc. is an online marketplace that connects sellers with customers by offering a wide range of food and related products at wholesale prices. Founded in 2014 and based in San Francisco, California, GrubMarket specializes in organic, vegan, gluten-free items, fresh produce, snacks, beverages, pantry staples, home goods, health and beauty products, and items for pets and children. The company sources food from local farms, fisheries, commercial kitchens, and restaurants, emphasizing quality and sustainability. In addition to its marketplace, GrubMarket provides a Software-as-a-Service platform designed for food delivery services and also features a gaming application called GrubMarket FarmBox. As a significant player in the B2B eCommerce sector of the American food supply chain, GrubMarket leverages artificial intelligence to enhance its services and operations.

Yiauto

Series B in 2020
Yiauto is a car-buying platform based in China that focuses on enhancing transparency in the car-buying experience for consumers. The company leverages technology solutions to deliver real-time information and streamline the supply chain, which helps to lower operational overhead costs. This operational efficiency ultimately contributes to reduced prices for consumers, making the car-buying process more accessible and straightforward.

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.

Shelf Engine

Series A in 2020
Shelf Engine is a Seattle-based company founded in 2015 that specializes in an automated prediction platform aimed at minimizing food waste in the grocery sector. By employing machine learning and analyzing historical data, the platform accurately forecasts demand for perishable goods, allowing grocery stores to optimize their ordering processes. This innovative approach not only helps retailers avoid out-of-stock situations but also significantly reduces food and beverage waste. Shelf Engine manages the entire ordering process, including vendor management and shelf optimization, which enhances profit margins for grocery stores. The company operates with a unique buy-back model for unsold items, thereby mitigating financial risk for retailers. With a workforce of over 145 employees, Shelf Engine serves leading grocers across thousands of locations in the United States.

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.

JD Logistics

Post in 2020
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 handling, serving various industries such as fast-moving consumer goods, apparel, home appliances, and automotive.

Slice

Series C in 2020
Slice is an online pizza ordering platform that connects consumers with authentic local pizzerias across the United States. Founded in 2015 by Ilir Sela to support his friends’ and family’s New York City pizzerias, Slice aims to provide local pizza shops with the tools and resources necessary to thrive in a competitive market dominated by large chains. The company offers technology, data insights, and marketing support to empower pizzeria owners, enabling them to enhance their profitability while maintaining their independence. With a network that spans over 3,000 cities and all 50 states, Slice has established itself as the largest community of independent pizzerias in the nation, helping small businesses flourish and remain integral to their local communities.

HyperSKU

Series A in 2020
HyperSKU is a dropshipping supplier that provides an online platform designed to assist dropshippers and small to medium-sized businesses in optimizing their eCommerce operations. The company offers a diverse range of products, including women's clothing, pet supplies, consumer electronics, health and beauty items, as well as home and kitchen goods. Its platform features a dynamic supplier database for efficient product sourcing, real-time synchronization with clients' stores, and express international shipping at competitive rates. By simplifying the sourcing and fulfillment processes, HyperSKU enables dropshippers to quickly fulfill orders and deliver products to customers reliably and efficiently.

Telio.vn

Series A in 2019
Telio Vietnam Co., Ltd. is a business-to-business commerce platform founded in 2018 and based in Hanoi, Vietnam. It specializes in providing a diverse range of products, including groceries and fast-moving consumer goods such as spices, instant foods, beverages, candies, cosmetics, and canned foods. The platform connects small, traditional retailers with brands and wholesalers, enabling these retailers to access a wider selection of products, better pricing, and improved logistics. By digitizing the sales process, Telio enhances operational efficiency and allows retailers to benefit from economies of scale, ultimately offering reduced costs and valuable insights into customer data.

EHang

Post in 2019
EHang is a technology company focused on urban air mobility and autonomous aerial systems. It develops and provides unmanned aerial vehicle platforms and solutions for passenger transportation, logistics, smart city management, and aerial media, combining software and hardware to support autonomous flight and real-time operations. The company’s EH216-S is a passenger-carrying pilotless eVTOL aircraft that has received production and airworthiness certifications from the Civil Aviation Administration of China. EHang aims to make safe, eco-friendly air mobility accessible across industries and continues to expand its UAV systems and urban air mobility capabilities.

Wanwu Dezhi

Series A in 2019
The Wanwu Dezhi app is an e-commerce platform that offers a wide range of mobile Internet services, including Wenwan handicraft transactions, expert online treasure appraisal, and the Guofeng life community. It is dedicated to breaking down industry barriers and using the transparency of the Internet to establish and improve industry standards and efficiency. It provides users with cost-effective and high-quality cultural and entertainment products and a high-quality shopping experience through its three core services of live streaming, bidding, and one-price (distribution), while also providing a large number of commodities and a convenient online trading platform for merchants to buy and sell goods.

Allume

Series A in 2019
Allume is a provider of an on-demand personal shopping platform focused on helping busy women discover clothing and accessories that enhance their confidence and style. By combining data science with human interaction, Allume offers a personalized shopping experience that connects women with expert stylists who share similar tastes. This approach enables the platform to match users with clothing and accessories tailored to their body type, budget, and personal style, thereby facilitating a more efficient and satisfying shopping experience. Allume's mission centers on empowering women to make informed fashion choices that align with their individual needs and preferences.

Udaan

Series D in 2019
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.

HOW

Seed Round in 2019
The legal representative is Kim Min Jong. HOW Good Search is a question-and-answer content e-commerce platform, mainly for middle-class women, starting from the user's consumer demand, through the user to ask questions according to their specific needs, matching the corresponding consumer solutions. The contents include beauty skin care, fashion wear, Haitao purchasing, career promotion and other issues.

Geek+

Series C in 2019
Geek+ specializes in developing autonomous mobile robots for optimizing warehouse, factory, and supply chain operations. They offer tailored solutions across various industries such as e-commerce, retail, logistics, and manufacturing by integrating advanced robotics and AI technologies.

Haitunjia

Series C in 2019
Haitunjia is a membership-based shopping platform that allows users to purchase items at cost. The company is based in China.

Global Scanner

Venture Round in 2019
Global Scanner is a social e-commerce platform targeting the middle-class in China.

Loggi

Series E in 2019
Loggi is a logistics technology company based in São Paulo, Brazil, founded in 2013. It operates an online shipping platform that connects couriers with shippers, facilitating efficient and reliable delivery services. The platform caters to major e-commerce players, small and medium-sized businesses, and individual users, addressing their shipping needs. By streamlining logistics, Loggi supports the growth of the on-demand economy in Brazil, particularly among its large, young, urban population. The company's focus on cost-effective and agile delivery solutions enables users to manage their logistics seamlessly from home, contributing to a more connected and convenient commerce landscape.

Winky Lux

Venture Round in 2019
Winky Lux is a cosmetics company that specializes in manufacturing color cosmetic products. Founded in 2015 and based in New York, the company offers a diverse range of items, including lip kits, shadow palettes, flower balms, lipsticks, complexion powders, whipped creams, blushes, highlighters, and various eye products. Winky Lux emphasizes the use of high-quality, cruelty-free, and non-toxic ingredients, ensuring that all products are free from parabens and phthalates. The brand is committed to sustainable practices and aims to create vibrant and unique colors that appeal to consumers. By selling its products online and through various retailers, Winky Lux is able to offer luxury cosmetics at accessible prices, providing customers with significant savings.

Wheelwell

Venture Round in 2019
Wheelwell, Inc. is an online platform based in San Francisco, California, that caters to automotive enthusiasts by facilitating the purchase of spare parts and vehicle modifications. Established in 2011, Wheelwell operates as a visual marketplace that connects vehicle owners with automotive professionals, creating a community-driven environment for automotive enhancement. Users can explore and buy a wide array of products, including exhaust systems, air intakes, suspension components, brakes, wheels, and various performance parts. Additionally, the platform aggregates automotive data, allowing consumers to access meaningful information to help them make informed decisions regarding their vehicle modifications. Founded by former Apple employees with a passion for cars and technology, Wheelwell aims to streamline the process of automotive customization while fostering collaboration among enthusiasts and industry professionals.

Yiauto

Series A in 2019
Yiauto is a car-buying platform based in China that focuses on enhancing transparency in the car-buying experience for consumers. The company leverages technology solutions to deliver real-time information and streamline the supply chain, which helps to lower operational overhead costs. This operational efficiency ultimately contributes to reduced prices for consumers, making the car-buying process more accessible and straightforward.

Centaur

Venture Round in 2019
Beijing Centaur Technology Development is an enterprise resource planning (ERP) software company. Baesd on domestic e-commerce, Beijing Centaur Technology Development is focused on providing e-commerce solutions of information management for large network providers and enterprises. The company offers an ERP brand service named E-store Bao. It is widely employed by 1000 e-commerce enterprises such as Ccmate, Arboreal, Socool, Zizi Meizhuang, Ando, Yunifang, Mr.ing, Deeremarchi, Procer & Gamble, etc.

Wanwu Dezhi

Venture Round in 2019
The Wanwu Dezhi app is an e-commerce platform that offers a wide range of mobile Internet services, including Wenwan handicraft transactions, expert online treasure appraisal, and the Guofeng life community. It is dedicated to breaking down industry barriers and using the transparency of the Internet to establish and improve industry standards and efficiency. It provides users with cost-effective and high-quality cultural and entertainment products and a high-quality shopping experience through its three core services of live streaming, bidding, and one-price (distribution), while also providing a large number of commodities and a convenient online trading platform for merchants to buy and sell goods.

GrubMarket

Series C in 2019
GrubMarket, Inc. is an online marketplace that connects sellers with customers by offering a wide range of food and related products at wholesale prices. Founded in 2014 and based in San Francisco, California, GrubMarket specializes in organic, vegan, gluten-free items, fresh produce, snacks, beverages, pantry staples, home goods, health and beauty products, and items for pets and children. The company sources food from local farms, fisheries, commercial kitchens, and restaurants, emphasizing quality and sustainability. In addition to its marketplace, GrubMarket provides a Software-as-a-Service platform designed for food delivery services and also features a gaming application called GrubMarket FarmBox. As a significant player in the B2B eCommerce sector of the American food supply chain, GrubMarket leverages artificial intelligence to enhance its services and operations.

Opendoor Technologies

Series E in 2019
Opendoor Technologies Inc., established in 2014 and based in San Francisco, operates a digital platform for residential real estate in the United States. Its platform facilitates the buying and selling of homes online, streamlining the traditional process. Opendoor enables sellers to receive offers without listing or showing their homes, while buyers can browse and instantly unlock properties using the company's application. The company generates revenue through home sales and additional real estate services.

Slice

Series B in 2019
Slice is an online pizza ordering platform that connects consumers with authentic local pizzerias across the United States. Founded in 2015 by Ilir Sela to support his friends’ and family’s New York City pizzerias, Slice aims to provide local pizza shops with the tools and resources necessary to thrive in a competitive market dominated by large chains. The company offers technology, data insights, and marketing support to empower pizzeria owners, enabling them to enhance their profitability while maintaining their independence. With a network that spans over 3,000 cities and all 50 states, Slice has established itself as the largest community of independent pizzerias in the nation, helping small businesses flourish and remain integral to their local communities.

HOW

Venture Round in 2019
The legal representative is Kim Min Jong. HOW Good Search is a question-and-answer content e-commerce platform, mainly for middle-class women, starting from the user's consumer demand, through the user to ask questions according to their specific needs, matching the corresponding consumer solutions. The contents include beauty skin care, fashion wear, Haitao purchasing, career promotion and other issues.

Yiauto

Seed Round in 2018
Yiauto is a car-buying platform based in China that focuses on enhancing transparency in the car-buying experience for consumers. The company leverages technology solutions to deliver real-time information and streamline the supply chain, which helps to lower operational overhead costs. This operational efficiency ultimately contributes to reduced prices for consumers, making the car-buying process more accessible and straightforward.

Fruitday

Series E in 2018
Shanghai Fruitday Co., Ltd. operates an online retail platform specializing in fresh fruits, having been established in 2006 in Shanghai, China. Initially a traditional fruit vendor, Fruitday transitioned to e-commerce in 2009, leveraging over 30 years of experience in the food industry. The company focuses on mid- and high-end fruit offerings, including both imported and domestically sourced fresh fruits. Fruitday has developed a direct supply chain that connects consumers with suppliers, supported by its self-built cold storage and cold-chain logistics to ensure product freshness. Customers can order through various channels, including the website, telephone, television, and physical store services. The company emphasizes providing healthy, green, and fresh fruit options along with personalized services to enhance the consumer experience.

Xiaoqule

Series A in 2018
Xiaoqule is a community-focused e-commerce platform headquartered in Hangzhou, China, and operates as a subsidiary of Zhejiang Gejia Network Technology Co., Ltd. The company connects local businesses with consumers, enabling the provision of cost-effective products and services tailored to community needs. Through its platform, users can order a variety of items, including seasonal fruits, vegetables, and imported snacks, while also benefiting from group ordering options. Xiaoqule emphasizes convenience by shortening transportation times and ensuring the quality of goods. Additionally, the platform offers logistical support, encompassing transportation, technology, marketing, and customer service, thereby facilitating interactions within the community and enhancing the overall shopping experience.

Global Scanner

Series A in 2018
Global Scanner is a social e-commerce platform targeting the middle-class in China.

Niwoning.com

Series A in 2018
Niwoning.com is an e-commerce company based in China that focuses on providing grocery products and services through an online to offline (O2O) model. It offers users the convenience of purchasing items online while facilitating offline delivery. Utilizing the WeChat platform, Niwoning.com connects community users to a network of local service stores, allowing for efficient access to fresh fruits, vegetables, and daily necessities. This approach not only enhances user convenience but also aims to reduce transaction costs, making grocery shopping a more efficient experience for its customers.

OfferUp

Series D in 2018
OfferUp operates an online platform facilitating local buying and selling of various items. Users can post items for sale within their networks, browse listings, and communicate with buyers/sellers directly through the app. The platform covers a wide range of product categories, from electronics to vehicles.

51Zhaoyou.com

Series C in 2018
51Zhaoyou.com operates as a B2B ecommerce platform dedicated to the petroleum industry in China. It facilitates transactions through an online marketplace, offering comprehensive services including fuel trading, logistics management, and financial solutions tailored for its client base comprising leading logistics companies.

GrubMarket

Series B in 2018
GrubMarket, Inc. is an online marketplace that connects sellers with customers by offering a wide range of food and related products at wholesale prices. Founded in 2014 and based in San Francisco, California, GrubMarket specializes in organic, vegan, gluten-free items, fresh produce, snacks, beverages, pantry staples, home goods, health and beauty products, and items for pets and children. The company sources food from local farms, fisheries, commercial kitchens, and restaurants, emphasizing quality and sustainability. In addition to its marketplace, GrubMarket provides a Software-as-a-Service platform designed for food delivery services and also features a gaming application called GrubMarket FarmBox. As a significant player in the B2B eCommerce sector of the American food supply chain, GrubMarket leverages artificial intelligence to enhance its services and operations.

SHOPPO

Seed Round in 2018
Shoppo is a global online retailer that leverages artificial intelligence to connect consumers worldwide with high-quality products across various categories such as electronics, fashion, home decor, beauty, and outdoor gear. The platform aims to provide a user-friendly shopping experience, offering trendy items at competitive prices.

SHIELD

Series B in 2018
SHIELD specializes in online fraud management solutions that assist enterprises in mitigating the risks associated with fraudulent payments and accounts. The company employs advanced technology, including trading algorithms, real-time pattern recognition, and passive biometric analytics, to identify fraudulent behaviors autonomously. SHIELD offers a comprehensive suite of services, including fraud prevention, network security, credit intelligence, and identity verification. It serves a diverse range of industries, including mobile applications, digital wallets, e-commerce, and marketplaces. Trusted by major global enterprises such as Razer, Alibaba, and BEAT, SHIELD safeguards over seven billion devices and protects approximately 500 million user accounts annually. Founded in 2007 and based in Singapore, the company was previously known as CashRun Pte Ltd.

Opendoor Technologies

Series E in 2018
Opendoor Technologies Inc., established in 2014 and based in San Francisco, operates a digital platform for residential real estate in the United States. Its platform facilitates the buying and selling of homes online, streamlining the traditional process. Opendoor enables sellers to receive offers without listing or showing their homes, while buyers can browse and instantly unlock properties using the company's application. The company generates revenue through home sales and additional real estate services.

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.

Winky Lux

Series A in 2018
Winky Lux is a cosmetics company that specializes in manufacturing color cosmetic products. Founded in 2015 and based in New York, the company offers a diverse range of items, including lip kits, shadow palettes, flower balms, lipsticks, complexion powders, whipped creams, blushes, highlighters, and various eye products. Winky Lux emphasizes the use of high-quality, cruelty-free, and non-toxic ingredients, ensuring that all products are free from parabens and phthalates. The brand is committed to sustainable practices and aims to create vibrant and unique colors that appeal to consumers. By selling its products online and through various retailers, Winky Lux is able to offer luxury cosmetics at accessible prices, providing customers with significant savings.

Allume

Series A in 2018
Allume is a provider of an on-demand personal shopping platform focused on helping busy women discover clothing and accessories that enhance their confidence and style. By combining data science with human interaction, Allume offers a personalized shopping experience that connects women with expert stylists who share similar tastes. This approach enables the platform to match users with clothing and accessories tailored to their body type, budget, and personal style, thereby facilitating a more efficient and satisfying shopping experience. Allume's mission centers on empowering women to make informed fashion choices that align with their individual needs and preferences.

BigCommerce

Series F in 2018
BigCommerce is a cloud-based e-commerce platform offering SaaS solutions with enterprise functionality, open architecture, and an extensive app ecosystem to help established and growing businesses sell online. It powers both B2B and B2C storefronts and provides cross-channel connections to major marketplaces, social networks, and offline point-of-sale systems. The platform emphasizes ease of use, flexibility, and scalability, supporting growth from startups to mid-market and enterprise levels while delivering lower cost, time, and complexity compared with on-premise software. As an Open SaaS solution, it enables brands to build and grow their online stores, serving tens of thousands of brands and a broad global footprint, with a significant portion of activity and customers in the Americas.

Piaoniu

Series B in 2018
Piaoniu is a Shanghai-based online platform that specializes in live event ticketing, catering to a range of entertainment options such as concerts, theater performances, and sports events. The company primarily operates in the second-hand ticketing market, allowing consumers to access popular tickets at fair market prices. In addition to providing a marketplace for ticket trading, Piaoniu offers post-sales consumer services, enhancing the overall user experience for those seeking to attend various live events.

ShopShops

Seed Round in 2018
ShopShops is a livestream shopping platform that connects consumers with brick-and-mortar retailers across the globe, allowing users to shop from diverse stores directly through their mobile devices. Founded in 2016 by Liyia Wu, the company operates from its headquarters in New York City and Beijing. The platform offers an interactive experience, enabling customers to browse efficiently by location and access authenticated products from various brands and stores. By breaking down geographical barriers, ShopShops provides a unique shopping experience that combines curation and interaction, allowing fashion-savvy consumers to explore global retail offerings conveniently and affordably.

Haoyihulian

Series B in 2018
Haoyihulian is an apparel retail and clothing supply chain platform.

LOOK

Series A in 2018
Look is an online supplier of fashion and lifestyle content, offering a diverse range of products, including clothing and consumer goods, available for online shopping. The company provides an e-commerce service platform that enables users, particularly in China, to access a selection of over 5,000 fashion items from around the globe, thereby transcending limitations of time and geography. Look enhances the shopping experience by integrating machine learning technology with human customer service, offering personalized fashion matching services to its customers. This approach aims to create an innovative and engaging platform for users seeking worldwide fashion options.

City Shop

Series A in 2018
City Shop, founded in 1995, is a prominent retail chain based in Shanghai, specializing in gourmet foods sourced globally. It offers an extensive range of high-quality products, aiming to provide a satisfying shopping experience for customers seeking international culinary delights and local food enthusiasts alike.

Haitunjia

Seed Round in 2018
Haitunjia is a membership-based shopping platform that allows users to purchase items at cost. The company is based in China.

MileZero

Seed Round in 2018
MileZero is a technology company that develops a cloud-based logistics automation platform aimed at optimizing large-scale logistics networks and delivery fleets. The platform facilitates the tracking of shipments throughout their journey, from sortation and dispatch through middle mile routing to the final delivery to customers. It also synchronizes parcel movements in response to planning changes and real-time conditions, enhancing the efficiency of logistics operations. By offering this advanced Logistics Cloud, MileZero helps both traditional retailers and digital enterprises adapt to the rapid changes in consumer preferences and the rise of mobile and on-demand services, enabling them to compete effectively in a dynamic market.

SHOPPO

Pre Seed Round in 2018
Shoppo is a global online retailer that leverages artificial intelligence to connect consumers worldwide with high-quality products across various categories such as electronics, fashion, home decor, beauty, and outdoor gear. The platform aims to provide a user-friendly shopping experience, offering trendy items at competitive prices.

BingoBox

Series B in 2018
BingoBox is an innovative convenience store in China that operates with a high degree of automation, aiming to reduce operational costs and eliminate the need for on-site staff. The stores are stocked with everyday essentials, including snacks and beverages, catering to late-night shoppers. Customers gain access by scanning a QR code and can make payments through mobile platforms. Utilizing advanced technologies such as artificial intelligence, computer vision, and smart shelf systems, BingoBox effectively tracks inventory and ensures that all items are paid for before leaving the store. While the stores are not entirely automated, as remote customer service and daily restocking by staff are still in place, BingoBox represents a significant advancement in the retail sector by streamlining the shopping experience and enhancing convenience.

Xinshang

Series C in 2018
Xinshang is a Chinese e-commerce platform that operates a customer-to-customer marketplace specializing in secondhand luxury goods, such as bags, shoes, watches, clothing, and jewelry. The platform allows users to sell their used luxury items or purchase both secondhand and new luxury products at competitive prices. Xinshang has experienced significant growth, with its monthly transaction value increasing by 30% consistently. The company claims to hold over 50% of the secondhand luxury goods market in China, positioning itself as a leading player in this sector.

Affirm

Series E in 2017
Affirm is a financial technology company that offers consumer installment loans at the point of sale through its Buy with Affirm platform. Shoppers can select Affirm at checkout and pay for purchases in fixed monthly installments with real-time decisioning and upfront, transparent terms, avoiding hidden fees. The company provides a digital and mobile‑first platform that includes a point‑of‑sale payment solution for merchants and a consumer app, and it partners with thousands of merchants across categories such as home, travel, electronics, apparel, and beauty. Revenue comes from merchant networks and related services, including virtual card networks, with the majority of business generated in the United States, and ongoing activity in Canada and other regions. Founded in 2012 and headquartered in San Francisco with an additional office in Chicago, Affirm aims to offer an accessible alternative to traditional credit that improves budgeting and financial clarity for consumers.

Poshmark

Series E in 2017
Poshmark, Inc. is a social marketplace that facilitates the buying and selling of new and secondhand lifestyle products, including apparel, footwear, home items, beauty products, and accessories. Founded in 2011 and headquartered in Redwood City, California, Poshmark combines the personal touch of physical shopping with the convenience of e-commerce, making transactions simple, social, and sustainable. The platform caters to a diverse community of over 80 million registered users across the United States, Canada, Australia, and India. Poshmark promotes sustainable consumption by encouraging users to resell and purchase pre-owned items, thereby fostering a more environmentally conscious approach to fashion and lifestyle choices. With millions of active buyers and sellers, Poshmark is shaping the future of commerce through its innovative platform.

Meiweishenghuo (Delicious Life)

Series A in 2017
Meiweishenghuo, also known as Delicious Life, is a Beijing-based company that specializes in the manufacturing and operation of smart vending machines across urban centers in China. Founded by a former manager from Meituan-Dianping, the company provides a checkout-free shopping experience that enables customers to purchase fresh produce, including lunchboxes, fruits, salads, snacks, and beverages, by simply scanning a QR code. Meiweishenghuo collaborates with leading merchants to ensure high-quality offerings, utilizing full cold-chain distribution to maintain the freshness and preservation of its products. The company is focused on establishing the largest offline platform for intelligent vending machines in China, making fine food easily accessible to consumers.

SHIELD

Series A in 2017
SHIELD specializes in online fraud management solutions that assist enterprises in mitigating the risks associated with fraudulent payments and accounts. The company employs advanced technology, including trading algorithms, real-time pattern recognition, and passive biometric analytics, to identify fraudulent behaviors autonomously. SHIELD offers a comprehensive suite of services, including fraud prevention, network security, credit intelligence, and identity verification. It serves a diverse range of industries, including mobile applications, digital wallets, e-commerce, and marketplaces. Trusted by major global enterprises such as Razer, Alibaba, and BEAT, SHIELD safeguards over seven billion devices and protects approximately 500 million user accounts annually. Founded in 2007 and based in Singapore, the company was previously known as CashRun Pte Ltd.

Citybox

Series A in 2017
Citybox is a smart vending machine operator based in Shanghai, China, founded in 2015. The company provides automated retail terminals that function as checkout-free convenience stores. These terminals are equipped with QR code scanning, anti-theft features, and user tracking capabilities. Citybox offers a variety of fresh produce, including yogurt and chilled lunchboxes, catering to diverse environments such as offices, residential communities, shopping malls, and schools. Customers can access the products by scanning a unique QR code, allowing for a seamless shopping experience where the bill is automatically sent to their smartphones after closing the terminal door.

51Zhaoyou.com

Series B in 2017
51Zhaoyou.com operates as a B2B ecommerce platform dedicated to the petroleum industry in China. It facilitates transactions through an online marketplace, offering comprehensive services including fuel trading, logistics management, and financial solutions tailored for its client base comprising leading logistics companies.

Winky Lux

Seed Round in 2017
Winky Lux is a cosmetics company that specializes in manufacturing color cosmetic products. Founded in 2015 and based in New York, the company offers a diverse range of items, including lip kits, shadow palettes, flower balms, lipsticks, complexion powders, whipped creams, blushes, highlighters, and various eye products. Winky Lux emphasizes the use of high-quality, cruelty-free, and non-toxic ingredients, ensuring that all products are free from parabens and phthalates. The brand is committed to sustainable practices and aims to create vibrant and unique colors that appeal to consumers. By selling its products online and through various retailers, Winky Lux is able to offer luxury cosmetics at accessible prices, providing customers with significant savings.

Yamibuy

Series A in 2017
Founded in 2013 by CEO Alex Zhou, Yamibuy is the leading e-commerce site to purchase the most complete selection of Asian products. Rapid year-over-year growth since the company’s founding has earned Yamibuy the distinction of being the most popular one-stop shopping destination among the Chinese community in North America.

BingoBox

Series A in 2017
BingoBox is an innovative convenience store in China that operates with a high degree of automation, aiming to reduce operational costs and eliminate the need for on-site staff. The stores are stocked with everyday essentials, including snacks and beverages, catering to late-night shoppers. Customers gain access by scanning a QR code and can make payments through mobile platforms. Utilizing advanced technologies such as artificial intelligence, computer vision, and smart shelf systems, BingoBox effectively tracks inventory and ensures that all items are paid for before leaving the store. While the stores are not entirely automated, as remote customer service and daily restocking by staff are still in place, BingoBox represents a significant advancement in the retail sector by streamlining the shopping experience and enhancing convenience.

Houzz

Series E in 2017
Houzz Inc. is an online platform dedicated to home design and furnishings, connecting homeowners, design enthusiasts, and home improvement professionals globally. Established in 2008 and headquartered in Palo Alto, California, Houzz offers a comprehensive range of services, enabling users to find design inspiration, hire professionals, and shop for home products, including kitchen, bath, and outdoor items. The platform features the largest residential design database in the world, facilitating the sharing of ideas and advice within a vibrant community. Additionally, Houzz Pro provides a Software-as-a-Service solution for professionals in the home remodeling and design sectors, helping them manage their businesses effectively. The company has expanded its reach with offices in key international locations, including London, Berlin, Sydney, Moscow, and Tokyo.

Slice

Series A in 2017
Slice is an online pizza ordering platform that connects consumers with authentic local pizzerias across the United States. Founded in 2015 by Ilir Sela to support his friends’ and family’s New York City pizzerias, Slice aims to provide local pizza shops with the tools and resources necessary to thrive in a competitive market dominated by large chains. The company offers technology, data insights, and marketing support to empower pizzeria owners, enabling them to enhance their profitability while maintaining their independence. With a network that spans over 3,000 cities and all 50 states, Slice has established itself as the largest community of independent pizzerias in the nation, helping small businesses flourish and remain integral to their local communities.

Aishua

Series B in 2017
Aishua is a platform for cashback earning from purchases made.

Opendoor Technologies

Series D in 2016
Opendoor Technologies Inc., established in 2014 and based in San Francisco, operates a digital platform for residential real estate in the United States. Its platform facilitates the buying and selling of homes online, streamlining the traditional process. Opendoor enables sellers to receive offers without listing or showing their homes, while buyers can browse and instantly unlock properties using the company's application. The company generates revenue through home sales and additional real estate services.

Operator

Series B in 2016
Operator, Inc., established in 2013 and headquartered in San Francisco, specializes in a mobile application that connects users with professional experts in various fields such as home goods, fashion, beauty, and electronics. The platform facilitates personalized product discovery and purchasing by routing user requests to relevant experts, known as Operators, who are real humans and provide tailored recommendations. Operator's unique value proposition lies in its human-centric approach, offering a personal shopping experience within a digital platform.

Wheelwell

Seed Round in 2016
Wheelwell, Inc. is an online platform based in San Francisco, California, that caters to automotive enthusiasts by facilitating the purchase of spare parts and vehicle modifications. Established in 2011, Wheelwell operates as a visual marketplace that connects vehicle owners with automotive professionals, creating a community-driven environment for automotive enhancement. Users can explore and buy a wide array of products, including exhaust systems, air intakes, suspension components, brakes, wheels, and various performance parts. Additionally, the platform aggregates automotive data, allowing consumers to access meaningful information to help them make informed decisions regarding their vehicle modifications. Founded by former Apple employees with a passion for cars and technology, Wheelwell aims to streamline the process of automotive customization while fostering collaboration among enthusiasts and industry professionals.

OfferUp

Series C in 2016
OfferUp operates an online platform facilitating local buying and selling of various items. Users can post items for sale within their networks, browse listings, and communicate with buyers/sellers directly through the app. The platform covers a wide range of product categories, from electronics to vehicles.

GrubMarket

Series B in 2016
GrubMarket, Inc. is an online marketplace that connects sellers with customers by offering a wide range of food and related products at wholesale prices. Founded in 2014 and based in San Francisco, California, GrubMarket specializes in organic, vegan, gluten-free items, fresh produce, snacks, beverages, pantry staples, home goods, health and beauty products, and items for pets and children. The company sources food from local farms, fisheries, commercial kitchens, and restaurants, emphasizing quality and sustainability. In addition to its marketplace, GrubMarket provides a Software-as-a-Service platform designed for food delivery services and also features a gaming application called GrubMarket FarmBox. As a significant player in the B2B eCommerce sector of the American food supply chain, GrubMarket leverages artificial intelligence to enhance its services and operations.

Yiigoo

Series A in 2016
Yiigoo is a developer of an e-commerce platform specializing in baby clothing and accessories. The platform offers a curated selection of self-branded apparel made primarily from organic cotton, catering to infants and toddlers aged 0 to 3 years. Yiigoo's focus on affordability and safety allows parents to purchase high-quality, environmentally friendly products for their children.
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