Huoquanquan

Shanghai, China Founded: 2016 • Age: 10 yrs
Wholesale grocery prices are compared on an online platform.
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About Huoquanquan

Huoquanquan is a company based in Shanghai (China) founded in 2016.. Huoquanquan has raised $10 million across 1 funding round. Huoquanquan operates in a competitive market with competitors including Basket Savings, Wochacha, Soysuper, MonsieurDrive and Matpriskollen, among others.

  • Headquarter Shanghai, China
  • Sectors
    Retail
  • Phone
    *********
  • Website
    *********
Operational Areas
Retail → E-Commerce Platforms & Marketplaces → →
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $10 M (USD)

    in 1 rounds

  • Latest Funding Round
    $10 M (USD), Seed

    Jul 14, 2017

  • Investors
  • Employee Count
    Employee Count
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Funding Insights of Huoquanquan

Huoquanquan has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Seed round of $10 million completed in July 2017. 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 Rounds 1
  • Last Round Seed — $10.0M
  • First Round

    (14 Jul 2017)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2017 Amount Seed - Huoquanquan Valuation

investors
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Investments & Acquisitions by Huoquanquan

Investments
Company Name Description Domain Location Founded Year Amount
Bento Cloud
Bionic investment advisor platform
2016
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Huoquanquan

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Huoquanquan Comparisons

Employees
+
Add Comparison
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Competitors of Huoquanquan

Huoquanquan 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 Basket Savings, Wochacha, Soysuper, MonsieurDrive and Matpriskollen, 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
Basket Savings
domain founded_year HQ Location
Grocery prices are compared via a mobile app platform.
Wochacha
domain founded_year HQ Location
QR-code based price comparison app
Soysuper
domain founded_year HQ Location
Online supermarket products from multiple stores are compared and purchased.
MonsieurDrive
domain founded_year HQ Location
Supermarket basket prices are compared across French drive-through chains.
Matpriskollen
domain founded_year HQ Location
Weekly grocery offers are aggregated on a mobile platform.
PriceZ
domain founded_year HQ Location
A platform for managing shopping lists and comparing prices across supermarkets.
Company Name Domain Founded year HQ Location Description
inDrive
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
Bolt
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
Gojek
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
Dunzo
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Huoquanquan

Frequently Asked Questions about Huoquanquan

When was Huoquanquan founded?

Huoquanquan was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Where is Huoquanquan located?

Huoquanquan is headquartered in Shanghai, China.

Is Huoquanquan a funded company?

Huoquanquan is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Seed of $10M, raised on Jul 14, 2017.

What does Huoquanquan do?

Huoquanquan was founded in 2016 in Shanghai, China, as an online platform focused on the grocery wholesale sector. Prices of various products are collected directly from wholesalers and manufacturers and displayed for comparison. The service targets grocery stores, retailers, and small chains, covering categories such as drinks, snack foods, rice, grain and oil, imported food, paper products, oral care, and bath and skin care items. Operations are centered in China.

Who are the top competitors of Huoquanquan?

Huoquanquan's top competitors include Basket Savings, Wochacha and Soysuper.

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