About Aikucun
Aikucun is a company based in Shanghai (China) founded in 2017 by Wang Min.. Aikucun has raised $213 million across 4 funding rounds from investors including Sunshine Insurance Group, Innovation Works and GGV Capital. Aikucun operates in a competitive market with competitors including DHgate, CCCME, Made-In-China, China.cn and Xyb2b, among others.
- Headquarter Shanghai, China
- Founders Wang Min
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Sectors
Retail
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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
$213 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
Sunshine Insurance Group
& 7 more
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Employee Count
Employee Count
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Funding Insights of Aikucun
Aikucun has successfully raised a total of $213M across 4 strategic funding rounds. 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 4
- Last Round Last Round
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First Round
First Round
(01 Jan 2018)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2020 | Amount | Series C - Aikucun | Valuation | Sunshine Insurance Group | |
| Oct, 2018 | Amount | Series B - Aikucun | Valuation | GGV Capital , Sinovation Ventures |
|
| Jul, 2018 | Amount | Series B - Aikucun | Valuation | Legend Capital |
| 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 |
Investors in Aikucun
Aikucun has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Sunshine Insurance Group, Innovation Works and GGV Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Innovation Works is engaged in venture capital for technology startups.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location | |
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Early-stage tech investments are targeted in China and the US.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Aikucun
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
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.
|
2016 |
Financial Statements - Aikucun
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Aikucun Comparisons
Competitors of Aikucun
Aikucun 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 DHgate, CCCME, Made-In-China, China.cn and Xyb2b, 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.
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|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cross-border B2B wholesale marketplace is operated for small-scale sellers.
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| domain | founded_year | HQ Location |
Listing platform for Chinese machinery and electronics businesses is maintained.
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| domain | founded_year | HQ Location |
Listing Platform connecting buyers, manufacturers and products
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| domain | founded_year | HQ Location |
Online B2B listing platform which connects global buyers
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| domain | founded_year | HQ Location |
B2B cross-border marketplace for maternity and beauty products
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| domain | founded_year | HQ Location |
Operates an online B2B listing platform for multi-category 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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Latest news on Aikucun
Frequently Asked Questions about Aikucun
When was Aikucun founded?
Aikucun was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Aikucun located?
Aikucun is headquartered in Shanghai, China.
Is Aikucun a funded company?
Aikucun is a funded company, having raised a total of $213M across 4 funding rounds to date. The company's 1st funding round was a Series B of $88M, raised on Jan 01, 2018.
What does Aikucun do?
Aikucun was founded in 2017 in Shanghai, China, within the e-commerce and logistics sector. An S2B2C model is utilized to connect manufacturers with distributors and end customers, tackling inventory accumulation in manufacturing. Operations encompass order and inventory tracking, sales and distribution coordination, destocking and logistics oversight, as well as after-sales support services.
Who are the top competitors of Aikucun?
Aikucun's top competitors include DHgate, Made-In-China and CCCME.
Who are Aikucun's investors?
Aikucun has 8 investors. Key investors include Sunshine Insurance Group, Innovation Works, GGV Capital, Sinovation Ventures, and BA Capital.
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