About 51youse
51youse is a company based in Suzhou (China) founded in 2016.. 51youse has raised $7.45 million across 1 funding round. 51youse operates in a competitive market with competitors including Shanghai Metals Market, Zhaomuwang, Amorphousbus and aluminum metals, among others.
- Headquarter Suzhou, China
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Sectors
Industrial Goods & ManufacturingRetail
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.45 M (USD)
in 1 rounds
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Latest Funding Round
$7.45 M (USD), Series A
Mar 03, 2019
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Investors
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Employee Count
Employee Count
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Funding Insights of 51youse
51youse has successfully raised a total of $7.45M through 1 strategic funding round. The most recent funding activity was a Series A round of $7.45 million completed in March 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $7.5M
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First Round
First Round
(03 Mar 2019)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2019 | Amount | Series A - 51youse | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by 51youse
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - 51youse
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
51Youse Comparisons
Competitors of 51youse
51youse operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Shanghai Metals Market, Zhaomuwang, Amorphousbus and aluminum metals, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online B2B trading platform for metals
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| domain | founded_year | HQ Location |
Serves as a B2B marketplace for buying and selling timber products.
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| domain | founded_year | HQ Location |
Provides a trading platform for various types of materials and commodities.
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| domain | founded_year | HQ Location |
Online provider of aluminum sheets, coils, plates, and metal products.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 51youse
When was 51youse founded?
51youse was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is 51youse located?
51youse is headquartered in Suzhou, China. It is registered at Suzhou, Jiangsu, China.
Is 51youse a funded company?
51youse is a funded company, having raised a total of $7.45M across 1 funding round to date. The company's 1st funding round was a Series A of $7.45M, raised on Mar 03, 2019.
What does 51youse do?
51youse was established in 2016 in Suzhou, China, as an online listing platform focused on industrial supplies. Non-ferrous raw materials, including electrolytic copper, copper rods, aluminum and zinc ingots, wire-auxiliary materials, aluminum rods and sheets, and casting rolls, are featured. Operations encompass online trading, payment settlement, warehousing logistics, supply chain finance, and intelligent deep processing services for various industries.
Who are the top competitors of 51youse?
51youse's top competitors include Shanghai Metals Market, Zhaomuwang and Amorphousbus.