About Fanli
Fanli is a company based in Shanghai (China) founded in 2006 by Ge Yongchang and James Zhu.. Fanli has raised $130 million across 3 funding rounds from investors including Rakuten, Qiming Venture Partners and SIG China. Fanli offers products and services including Promo Codes, Deals, and Cashback Offers. Fanli operates in a competitive market with competitors including Rakuten, Méliuz, Fave, MyPoints and ShopBack, among others.
- Headquarter Shanghai, China
- Founders Ge Yongchang, James Zhu
- Stage Public
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Fanli.Com!, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$130 M (USD)
in 3 rounds
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Latest Funding Round
$100 M (USD), Series C
Apr 19, 2015
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Investors
Rakuten
& 3 more
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Employee Count
Employee Count
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IPO & Listings of Fanli
Fanli is a publicly listed company on the SSE with ticker symbol 600228 in China, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Fanli
Fanli offers a comprehensive portfolio of products and services, including Promo Codes, Deals, and Cashback Offers. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Service for accessing promotional codes from various retailers
Platform listing sales and discounts for online shopping
System providing cashback on purchases through partner stores
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Funding Insights of Fanli
Fanli has successfully raised a total of $130M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $100 million completed in April 2015. 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 3
- Last Round Series C — $100.0M
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First Round
First Round
(29 Jul 2011)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2015 | Amount | Series C - Fanli | Valuation | Rakuten |
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| May, 2014 | Amount | Series B - Fanli | Valuation |
investors |
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| Jul, 2011 | Amount | Series A - Fanli | Valuation | Steamboat Ventures , Qiming Venture Partners |
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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 |
Investors in Fanli
Fanli has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Rakuten, Qiming Venture Partners and SIG China. 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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Tech companies in China are invested in by SIG China.
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Founded Year | Domain | Location | |
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Early-stage venture capital is invested in US and China.
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward multiple sectors.
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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.
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Founded Year | Domain | Location |
Investments & Acquisitions by Fanli
| 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 - Fanli
| 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 |
Fanli Comparisons
Competitors of Fanli
Fanli 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 Rakuten, Méliuz, Fave, MyPoints and ShopBack, 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 |
Internet services in e-commerce, finance, and digital content are operated.
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| domain | founded_year | HQ Location |
Loyalty site which offers cash redemption
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| domain | founded_year | HQ Location |
A lifestyle app for deals and payments in Asia.
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| domain | founded_year | HQ Location |
Online shopping rewards
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| domain | founded_year | HQ Location |
Online platform offering rewards and cashback for multi-category products
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| domain | founded_year | HQ Location |
Cashback for online shopping
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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 Fanli
Frequently Asked Questions about Fanli
When was Fanli founded?
Fanli was founded in 2006 and raised its 1st funding round 5 years after it was founded.
Where is Fanli located?
Fanli is headquartered in Shanghai, China.
Who is the current CEO of Fanli?
Ge Yongchang is the current CEO of Fanli. They have also founded this company.
Is Fanli a funded company?
Fanli is a funded company, having raised a total of $130M across 3 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Jul 29, 2011.
What does Fanli do?
Fanli is an online shopping platform offering users shopping rebates. In addition, the site issues discount vouchers and provides price comparisons, vendor ratings, a single account log-in feature that allows users to enter partner sites using their Fanli credentials, and online shopper discussion forum. Fanli integrates various brands and their online offline retail channels and also Super Rebates flash promotion service, a combination of cash back and flash sales for brands. In Apr 2015, Rakuten acquired a lt;10 stake in the company at a valuation ofgt; 1B. Its a strategic investment that ties Fanli with Rakutens duo of US-based discount stores, Ebates and Extrabux. Has more than 70 million members and it facilitates a GMV of RMB 1B every month.
What products or services does Fanli offer?
Fanli offers Promo Codes, Deals, and Cashback Offers.
Is Fanli publicly traded?
Yes, Fanli is publicly traded on SSE under the ticker symbol 600228.
Who are Fanli's investors?
Fanli has 4 investors. Key investors include Rakuten, Qiming Venture Partners, SIG China, and Steamboat Ventures.
What is Fanli's ticker symbol?
The ticker symbol of Fanli is 600228 on SSE.
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