GGV Capital

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 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 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.

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.

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.

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.

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 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.

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.

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 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.

Founded in 2015, StockX operates an online marketplace facilitating the buying and selling of limited edition sneakers. Its platform offers stock market-like visibility, enabling users to anonymously trade products, create personalized sneaker portfolios, and compare collections.

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

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

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, 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.

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.

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 is a social e-commerce platform targeting the middle-class in China.

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 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.

Xiangwushuo is a Beijing-based company that operates an online platform facilitating the buying and selling of unused items. It enables users to trade and share goods through a marketplace that incorporates a point system, allowing transactions without the direct use of money. In addition to catering to individual consumers, Xiangwushuo offers business owners a means to promote and sell their products online. The company focuses on software and platform development, contributing to the trading of new and idle goods while promoting sustainability through the reuse of items.

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.

Xiangwushuo is a Beijing-based company that operates an online platform facilitating the buying and selling of unused items. It enables users to trade and share goods through a marketplace that incorporates a point system, allowing transactions without the direct use of money. In addition to catering to individual consumers, Xiangwushuo offers business owners a means to promote and sell their products online. The company focuses on software and platform development, contributing to the trading of new and idle goods while promoting sustainability through the reuse of items.

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 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.

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.

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.

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.

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, 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.

HaoHaoZhu is an online platform based in Beijing, China, specializing in home improvement and interior design. Founded in 2015, the company provides a mobile application and website where users can explore decoration solutions tailored to their homes. The platform facilitates connections between users and sellers, allowing for the sharing of images and ideas. By curating a range of interior design solutions from professional designers, HaoHaoZhu offers innovative and comprehensive home design plans, catering especially to new homeowners. Through its community-oriented approach, the platform serves as a resource for information sharing and inspiration in the realm of home improvement.

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

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 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.

Xiangwushuo is a Beijing-based company that operates an online platform facilitating the buying and selling of unused items. It enables users to trade and share goods through a marketplace that incorporates a point system, allowing transactions without the direct use of money. In addition to catering to individual consumers, Xiangwushuo offers business owners a means to promote and sell their products online. The company focuses on software and platform development, contributing to the trading of new and idle goods while promoting sustainability through the reuse of items.

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.

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.

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 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 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.

HaoHaoZhu is an online platform based in Beijing, China, specializing in home improvement and interior design. Founded in 2015, the company provides a mobile application and website where users can explore decoration solutions tailored to their homes. The platform facilitates connections between users and sellers, allowing for the sharing of images and ideas. By curating a range of interior design solutions from professional designers, HaoHaoZhu offers innovative and comprehensive home design plans, catering especially to new homeowners. Through its community-oriented approach, the platform serves as a resource for information sharing and inspiration in the realm of home improvement.

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, 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 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.

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.

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.

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.

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.

XiaoHongChun is a prominent platform that caters to young women by combining a vertical short video community with a fashion business model. Launched in April 2015, the company operates various segments, including the Xiaohonglip app, internet celebrity brokerage, beauty brand operations, and cross-border e-commerce supply chain. By facilitating social interactions in the beauty and fashion sectors, XiaoHongChun effectively guides consumers through cosmetics video sharing and offers shopping assistance, thereby enhancing the shopping experience for its users.

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.

ezbuy Holdings Limited is a prominent online marketplace based in Singapore, established in 2010. It specializes in cross-border e-commerce and serves as the largest such platform in Southeast Asia. The company connects consumers to an extensive range of products, including apparel, home furnishings, electronics, and beauty items from various international sources, including China, the USA, Korea, and local merchants. To enhance customer experience, ezbuy offers several innovative features, such as a subscription service that allows for flat-rate shipping, product reviews for informed purchasing decisions, and a same-day delivery option. Operating across Singapore, Malaysia, Thailand, and Indonesia, ezbuy focuses on providing a convenient and cost-effective shopping experience through its website and mobile application, which support multiple languages.

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.

Chuchujie, founded in 2011, operates as an online marketplace that aggregates various international brands under a single platform. Initially established as a shopping guide, it focused on providing information about deals priced at RMB9.90 or below. The company has since evolved to offer a comprehensive shopping experience, allowing clients to purchase items conveniently and have them delivered to their specified locations. This approach not only saves time for customers but also enhances their access to a diverse range of products.

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.

Totspot is a mobile marketplace designed for families to buy and sell resale fashion, providing a user-friendly platform that allows parents to shop with ease. By enabling personalized searches based on size, brand preference, and seller affinity, Totspot offers customers an average savings of 70% off retail prices. The selling process is streamlined, requiring less than 60 seconds to post an item, with all transactions conducted within the app. Founded in January 2008 and headquartered in Mountain View, California, Totspot aims to blend shopping with community engagement, making it a convenient choice for families looking to manage their children's fashion needs.

Meilishuo is a Chinese online platform that caters to fashion-conscious women by offering a Pinterest-like experience focused on personalized shopping for clothing, cosmetics, and accessories. Launched in November 2009, the platform allows users to search for expert advice, explore shops, and engage in group buying while sharing links to their favorite products. Meilishuo primarily aggregates listings from third-party sites, with a significant focus on Taobao, China's largest e-commerce platform. When users click on products, they are redirected to these external sites to complete their purchases, after which Meilishuo earns a commission. Since its launch, the platform has attracted 150 million registered users, with a daily user volume of 3.2 million and approximately 164 million daily page views. Meilishuo plays a notable role in driving traffic to Taobao, contributing around 700 million yuan to its monthly turnover. The company faces competition from other platforms, notably Mogujie, in the burgeoning market for fast fashion among young women in China.

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.

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.

Qunar is a prominent Chinese-language online travel information provider, established in 2005 in Beijing. It operates as a search engine for web and mobile users, offering comprehensive travel-related information including flights, hotels, holiday packages, and group-buying deals. The platform aims to facilitate informed travel decisions by providing users with vast amounts of data from over 700 Chinese online travel websites, encompassing more than 100,000 hotels and 11,000 air routes. With a user base of approximately 75 million monthly visitors and 34 million activated mobile app users, Qunar leverages advanced technology to deliver fast and accurate search results. The company also features group-buying deals across more than 100 cities in China. As a significant player in the travel industry, Qunar competes primarily with Elong and Ctrip.

Qunar is a prominent Chinese-language online travel information provider, established in 2005 in Beijing. It operates as a search engine for web and mobile users, offering comprehensive travel-related information including flights, hotels, holiday packages, and group-buying deals. The platform aims to facilitate informed travel decisions by providing users with vast amounts of data from over 700 Chinese online travel websites, encompassing more than 100,000 hotels and 11,000 air routes. With a user base of approximately 75 million monthly visitors and 34 million activated mobile app users, Qunar leverages advanced technology to deliver fast and accurate search results. The company also features group-buying deals across more than 100 cities in China. As a significant player in the travel industry, Qunar competes primarily with Elong and Ctrip.

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.

Meilishuo is a Chinese online platform that caters to fashion-conscious women by offering a Pinterest-like experience focused on personalized shopping for clothing, cosmetics, and accessories. Launched in November 2009, the platform allows users to search for expert advice, explore shops, and engage in group buying while sharing links to their favorite products. Meilishuo primarily aggregates listings from third-party sites, with a significant focus on Taobao, China's largest e-commerce platform. When users click on products, they are redirected to these external sites to complete their purchases, after which Meilishuo earns a commission. Since its launch, the platform has attracted 150 million registered users, with a daily user volume of 3.2 million and approximately 164 million daily page views. Meilishuo plays a notable role in driving traffic to Taobao, contributing around 700 million yuan to its monthly turnover. The company faces competition from other platforms, notably Mogujie, in the burgeoning market for fast fashion among young women in China.

Citrus Lane is an online and mobile platform designed to connect parents, particularly mothers, with trusted brands and valuable advice. The company addresses the needs of busy moms by offering a monthly subscription box filled with products, including toys and samples, that facilitate the discovery of new brands. In addition to the subscription service, Citrus Lane features a comprehensive e-commerce platform, allowing users to purchase top-rated products directly from its website. The platform also fosters a vibrant community where parents can share reviews, vote on products, and exchange advice tailored to various developmental stages of their children. By combining these elements—subscription boxes, e-commerce, and community engagement—Citrus Lane serves as a reliable resource for parents seeking quality products for their kids.

Meilishuo is a Chinese online platform that caters to fashion-conscious women by offering a Pinterest-like experience focused on personalized shopping for clothing, cosmetics, and accessories. Launched in November 2009, the platform allows users to search for expert advice, explore shops, and engage in group buying while sharing links to their favorite products. Meilishuo primarily aggregates listings from third-party sites, with a significant focus on Taobao, China's largest e-commerce platform. When users click on products, they are redirected to these external sites to complete their purchases, after which Meilishuo earns a commission. Since its launch, the platform has attracted 150 million registered users, with a daily user volume of 3.2 million and approximately 164 million daily page views. Meilishuo plays a notable role in driving traffic to Taobao, contributing around 700 million yuan to its monthly turnover. The company faces competition from other platforms, notably Mogujie, in the burgeoning market for fast fashion among young women in China.

Meilishuo is a Chinese online platform that caters to fashion-conscious women by offering a Pinterest-like experience focused on personalized shopping for clothing, cosmetics, and accessories. Launched in November 2009, the platform allows users to search for expert advice, explore shops, and engage in group buying while sharing links to their favorite products. Meilishuo primarily aggregates listings from third-party sites, with a significant focus on Taobao, China's largest e-commerce platform. When users click on products, they are redirected to these external sites to complete their purchases, after which Meilishuo earns a commission. Since its launch, the platform has attracted 150 million registered users, with a daily user volume of 3.2 million and approximately 164 million daily page views. Meilishuo plays a notable role in driving traffic to Taobao, contributing around 700 million yuan to its monthly turnover. The company faces competition from other platforms, notably Mogujie, in the burgeoning market for fast fashion among young women in China.

HUBS1 is a next-generation Global Distribution System (GDS) operator based in China, specializing in travel distribution infrastructure for the hospitality sector. The company offers a web-based platform that enables hotels and hotel groups to book travel inventory, particularly hotel rooms, while effectively managing distribution. HUBS1's platform serves as a Central Reservation System, connecting with the world's leading GDSs and acting as a gateway for hotels to reach numerous distribution channels. These channels include thousands of Chinese travel agencies, online hotel-booking wholesalers, corporations, travel meta-search websites, and international travel agencies. By providing real-time capabilities, HUBS1 streamlines the reservation and account settlement processes, enhancing operational efficiency for its clients in the hospitality industry.

Qunar is a prominent Chinese-language online travel information provider, established in 2005 in Beijing. It operates as a search engine for web and mobile users, offering comprehensive travel-related information including flights, hotels, holiday packages, and group-buying deals. The platform aims to facilitate informed travel decisions by providing users with vast amounts of data from over 700 Chinese online travel websites, encompassing more than 100,000 hotels and 11,000 air routes. With a user base of approximately 75 million monthly visitors and 34 million activated mobile app users, Qunar leverages advanced technology to deliver fast and accurate search results. The company also features group-buying deals across more than 100 cities in China. As a significant player in the travel industry, Qunar competes primarily with Elong and Ctrip.

HUBS1 is a next-generation Global Distribution System (GDS) operator based in China, specializing in travel distribution infrastructure for the hospitality sector. The company offers a web-based platform that enables hotels and hotel groups to book travel inventory, particularly hotel rooms, while effectively managing distribution. HUBS1's platform serves as a Central Reservation System, connecting with the world's leading GDSs and acting as a gateway for hotels to reach numerous distribution channels. These channels include thousands of Chinese travel agencies, online hotel-booking wholesalers, corporations, travel meta-search websites, and international travel agencies. By providing real-time capabilities, HUBS1 streamlines the reservation and account settlement processes, enhancing operational efficiency for its clients in the hospitality industry.