About Erhuoapp
Erhuoapp is a company based in Beijing (China) founded in 2014. It operates as a B2C. Erhuoapp has raised $158 thousand across 2 funding rounds from investors including Matrix Partners China and Shuimu Tsinghua Alumni Seed Fund. Erhuoapp operates in a competitive market with competitors including eBay, Carousell, 58City, Ganji and Zhuan Zhuan, among others.
- Headquarter Beijing, China
- SectorsRetail
- Website erhuoapp.com
- Total Equity Funding$158K (USD)
in 2 rounds
- InvestorsMatrix Partners China
& 1 more
Funding Insights of Erhuoapp
Erhuoapp has successfully raised a total of $158K across 2 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 $158,000
- Total Rounds 2
- First Round $158,000
(Mar 2015)
- Investors Count 2
All 2 funding rounds of Erhuoapp 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 |
|---|---|---|---|---|---|
| Jun 2015 | – | Angel Round | – | – | |
| Mar 2015 | $158,000 | Seed | – | – |
2 investors in total: 2 institutional.
Investors in Erhuoapp
Erhuoapp has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Matrix Partners China and Shuimu Tsinghua Alumni Seed Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are invested in by this venture capital firm. | – | matrixpartners.com.cn | Chaoyang, China | |
- | – | tsinghuacapital.cn | - |
Investor details for Erhuoapp
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Erhuoapp
3 dated milestones of Erhuoapp across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Erhuoapp is founded.
- Funding First funding round of $158K.
- Funding Latest funding round, Angel Round,.
Competitors of Erhuoapp
Erhuoapp 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 eBay, Carousell, 58City, Ganji and Zhuan Zhuan, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ebay.com | 1995 | San Jose, United States | – | 12,300 | Multi-category consumer products are sold via an online marketplace platform. | |
| carousell.sg | 2012 | Singapore | $375.6M | – | Online marketplace platform offering multi-category second-hand products | |
| 58.com | 2005 | Beijing, China | $140.78M | – | Online second-hand listing platform offering multi-category products and services | |
| ganji.com | 2005 | Beijing, China | $298M | – | Chinese domestic classifieds platform | |
| zhuanzhuan.com | 2015 | Chaoyang, China | $990M | – | Second-hand goods are traded through a peer-to-peer marketplace. | |
| baixing.com | 2005 | Shanghai, China | – | – | Second-hand products are listed peer-to-peer on an online platform. | |
| craigslist.org | 1995 | San Francisco, United States | – | 38 | Online classified forum | |
| xiangwushuo.com | 2017 | Shanghai, China | $65M | – | Operates an online marketplace for commission-based sales of pre-owned products. | |
| xiaojiaoyi.com | 2013 | Beijing, China | – | – | Platform offering email sign-ups for updates and promotions, launching soon. | |
| luxsens.com | 2014 | Shanghai, China | $120,000 | – | Online listing platform for new and pre-owned luxury fashion goods |
Detailed competitors of Erhuoapp
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to Erhuoapp
10 companies that operate in the same segment as Erhuoapp (Auction & Flash Sale Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online portal for searching and bidding on government tenders worldwide. | 2017 | Gurugram, Haryana, India | – | USD 6.99 M | – | |
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Property agency, auction, and valuation services are provided. | 1844 | Leeds, England, United Kingdom | USD 13.46 M | – | – | |
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Operates an online platform for buying and selling used goods conveniently. | 2015 | Gurugram, Haryana, India | – | USD 5.55 M | – | |
World-wide auctions of industrial assets are conducted by Troostwijk. | 1930 | Amsterdam, Netherlands | – | – | – | |
Operates an online auction marketplace specializing in art. | 2008 | Mumbai, Maharashtra, India | – | USD 1.9 M | 1 | |
Operates a bidding-based platform for group buying. | 2016 | Mumbai, Maharashtra, India | – | – | – | |
Provides art auctions, sales, magazines, and services for collectors and artists. | 2017 | Mumbai, Maharashtra, India | – | USD 1.02 M | – | |
Online platform for buying used cars, spare parts, and auto loans. | 2017 | Mirzapur, Uttar Pradesh, India | – | – | – |
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Frequently Asked Questions about Erhuoapp
Erhuoapp was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Erhuoapp is headquartered in Beijing, China.
Erhuoapp is a funded company, having raised a total of $158K across 2 funding rounds to date. The company's 1st funding round was a Seed of $158K, raised on Mar 2015.
Erhuoapp, based in Beijing, focuses on operating online marketplaces, secondhand goods, online platforms, and student-focused listings. Offers a platform for students to list and buy secondhand goods. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Erhuoapp has 2 investors. Key investors include Matrix Partners China, and Shuimu Tsinghua Alumni Seed Fund.