About Hangzhou Meiyu Information Technology
Hangzhou Meiyu Information Technology is a company based in Shanghai (China) founded in 2010 by Thibault Villet.. Hangzhou Meiyu Information Technology has raised $128 million across 3 funding rounds from investors including Alibaba Group, Neiman Marcus and Mitsui Global Investment. Hangzhou Meiyu Information Technology operates in a competitive market with competitors including VipShop, LightInTheBox, Favbuy and Tianpin, among others.
- Headquarter Shanghai, China
- Founders Thibault Villet
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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
$128 M (USD)
in 3 rounds
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Latest Funding Round
$100 M (USD), Series C
Jul 08, 2015
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Investors
Alibaba Group
& 2 more
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Employee Count
Employee Count
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Funding Insights of Hangzhou Meiyu Information Technology
Hangzhou Meiyu Information Technology has successfully raised a total of $128M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $100 million completed in July 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
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2015 | Amount | Series C - Hangzhou Meiyu Information Technology | Valuation |
investors |
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| Mar, 2012 | Amount | Series B - Hangzhou Meiyu Information Technology | Valuation |
investors |
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| Jan, 2011 | Amount | Series A - Hangzhou Meiyu Information Technology | Valuation |
investors |
| 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 Hangzhou Meiyu Information Technology
Hangzhou Meiyu Information Technology has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Alibaba Group, Neiman Marcus and Mitsui Global Investment. 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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Corporate-backed venture capital firm focused on healthcare, IT, and multiple sectors
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Founded Year | Domain | Location | |
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Conglomerate group operating a portfolio of businesses
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Founded Year | Domain | Location | |
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Luxury department stores are operated as a retail chain.
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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 Hangzhou Meiyu Information Technology
| 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 - Hangzhou Meiyu Information Technology
| 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 |
Hangzhou Meiyu Information Technology Comparisons
Competitors of Hangzhou Meiyu Information Technology
Hangzhou Meiyu Information Technology 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 VipShop, LightInTheBox, Favbuy and Tianpin, 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 |
Multi-category consumer products are sold via online flash sales.
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| domain | founded_year | HQ Location |
Online retailer offering multi-category consumer products
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| domain | founded_year | HQ Location |
Operates an online retail platform specializing in flash sales for various products.
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| domain | founded_year | HQ Location |
Operates as an online flash-sales retailer for a wide range of products, providing time-limited deals to consumers.
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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 Hangzhou Meiyu Information Technology
Frequently Asked Questions about Hangzhou Meiyu Information Technology
When was Hangzhou Meiyu Information Technology founded?
Hangzhou Meiyu Information Technology was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is Hangzhou Meiyu Information Technology located?
Hangzhou Meiyu Information Technology is headquartered in Shanghai, China.
Who is the current CEO of Hangzhou Meiyu Information Technology?
Thibault Villet is the current CEO of Hangzhou Meiyu Information Technology. They have also founded this company.
Is Hangzhou Meiyu Information Technology a funded company?
Hangzhou Meiyu Information Technology is a funded company, having raised a total of $128M across 3 funding rounds to date.
What does Hangzhou Meiyu Information Technology do?
Mei is an online flash-sales marketplace for multi-category products. The product catalog includes clothing, footwear fashion accessories, beauty products, baby maternal care items and home improvement products. The products are sold with discounts, for limited time periods.
Who are the top competitors of Hangzhou Meiyu Information Technology?
Hangzhou Meiyu Information Technology's top competitors include VipShop, LightInTheBox and Favbuy.
Who are Hangzhou Meiyu Information Technology's investors?
Hangzhou Meiyu Information Technology has 3 investors. Key investors include Alibaba Group, Neiman Marcus, and Mitsui Global Investment.