About Beijing Freebee Electronic Commerce
Beijing Freebee Electronic Commerce is a Consumer company based in Chaoyang (China) founded in 2016 by Zhuang Chenchao. Self check-out solutions are provided for retail stores. It operates in the Consumer and Retail sectors. Beijing Freebee Electronic Commerce has raised $314.02 million across 3 funding rounds from investors including CC Zhuang. Beijing Freebee Electronic Commerce has completed 1 acquisition, including Lingwa. Its focus areas include Autonomous Retail, Smart Vending Machines, Semi Autonomous and Trust Shops. Its competitors include Ubox, BingoBox and Magic Box Citybox; 3 of its 3 listed competitors have raised funding.
Company details
Beijing Freebee Electronic Commerce was established in 2016 by founder Zhuang Chenchao in Chaoyang, China. Self check-out systems for retail environments are developed and supplied by the company within the electronic commerce sector. Operations center on hardware and software integrations that facilitate automated transactions in stores. The focus remains on practical solutions for efficiency in retail settings across the region.
- Headquarters Chaoyang, China
- Founders Zhuang Chenchao
- SectorsConsumerRetail
- Email••••••••
- Phone•••• ••••
- Website bianlifeng.com
- Social LinkedIn
- Total Equity Funding$314.02M (USD)
in 3 rounds
- Latest Funding Round$14.02M (USD), Series C
May 2020
- Investments & Acquisitions
Funding Insights of Beijing Freebee Electronic Commerce
Beijing Freebee Electronic Commerce has successfully raised a total of $314.02M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $14.02 million completed in May 2020. 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 $314.02M
- Total Rounds 3
- Last Round Series C — $14.02M
- First Round $300M
(Feb 2017)
- Investors Count 1
All 3 funding rounds of Beijing Freebee Electronic Commerce with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2020 | $14.02M | Series C | – | – | – |
| Jan 2018 | Seed | – | – | – | |
| Feb 2017 | $300M | Angel Round | – | – |
1 investors in total: 0 institutional and 1 angel.
Investors in Beijing Freebee Electronic Commerce
Beijing Freebee Electronic Commerce has secured backing from 1 investor, including angel investors. Prominent investors backing the company include CC Zhuang.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
CZ CC Zhuang | unknown_4a74df6733d84fa88 |
Investor details for Beijing Freebee Electronic Commerce
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People of Beijing Freebee Electronic Commerce
1 people are tracked at Beijing Freebee Electronic Commerce (1 in leadership).
| Name | Role | Group |
|---|---|---|
Zhuang Chenchao | Founder | Leadership |
Complete people profiles for Beijing Freebee Electronic Commerce
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Investments & Acquisitions by Beijing Freebee Electronic Commerce
Beijing Freebee Electronic Commerce has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Lingwa.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Online platform for corporates to order snacks and other food supplies | lingwa.com.cn | Hangzhou, China | 2015 | Jan 2018 | •••• |
Complete acquisition details for Beijing Freebee Electronic Commerce
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Timeline of Beijing Freebee Electronic Commerce
4 dated milestones of Beijing Freebee Electronic Commerce across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Beijing Freebee Electronic Commerce is founded.
- Funding First funding round of $300.0M.
- Acquisition Acquires Lingwa.
- Funding Latest funding round, Series C, of $14.0M.
Competitors of Beijing Freebee Electronic Commerce
Beijing Freebee Electronic Commerce has 3 listed competitors in our database, 3 of them funded. They include Ubox, BingoBox and Magic Box Citybox.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ubox.cn | 2010 | Beijing, China | $85M | Smart vending machines with O2O features are produced by Ubox. | ||
| bingobox.com | 2017 | Zhongshan, China | $94.76M | Smart retail stores are operated with automated payment systems. | ||
| icitybox.cn | 2016 | Shanghai, China | $40M | Smart vending machines for offline retailers |
Detailed competitors of Beijing Freebee Electronic Commerce
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Frequently Asked Questions about Beijing Freebee Electronic Commerce
Beijing Freebee Electronic Commerce was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Beijing Freebee Electronic Commerce is headquartered in Chaoyang, China. It is registered at Chaoyang, Liaoning, China.
Beijing Freebee Electronic Commerce is a funded company, having raised a total of $314.02M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $300M, raised on Feb 2017.
Beijing Freebee Electronic Commerce was established in 2016 by founder Zhuang Chenchao in Chaoyang, China. Self check-out systems for retail environments are developed and supplied by the company within the electronic commerce sector. Operations center on hardware and software integrations that facilitate automated transactions in stores. The focus remains on practical solutions for efficiency in retail settings across the region.
Beijing Freebee Electronic Commerce's top competitors include Ubox, BingoBox and Magic Box Citybox.
Beijing Freebee Electronic Commerce has made 1 acquisition, including Lingwa.
Beijing Freebee Electronic Commerce has 1 investor. Key investors include CC Zhuang.