About Jiuxian
Jiuxian is a Retail company based in Beijing (China) founded in 2009 by Haofeng He. Online retailer for Liquor. Jiuxian has raised $263.56 million across 7 funding rounds from investors including Shanghai Pudong Development Bank, China Minsheng Bank and Jinzhou Bank. The company has 232 employees. Jiuxian was last valued at $1.05 billion in July 2015. Its website jiuxian.com draws about 48 thousand monthly visits. Its focus areas include Food and Agriculture Tech, Online Grocery, B2C Ecommerce and Beverages. Its competitors include Yesmywine, Jiubianli and Wangjiu; 3 of its 3 listed competitors have raised funding.
Company details
Jiuxian.com (Brewmaster Network) is an online retailer of liquor. Nearly 10,000 alcoholic beverages are being sold on Jiuxian.com, with 75 of the companys sales revenue comes from Baijiu (Chinese wine made from grains) and 10 comes from red wine. The online retailer currently has subsidiaries and operation centers in big cities including Shanghai, Guangzhou and Tianjin. Once purchased online, consumers from 60 cities in China can expect to receive the product by the next day, and 200 cities can expect their purchase delivered in three days. The company is planning to form partnerships with global brands and directly import products to China.
- Headquarters Beijing, China
- Employees 232
- Founders Haofeng He
- Stage Unicorn
- SectorsRetail
- Website jiuxian.com
- Social LinkedIn
- Total Equity Funding$263.56M (USD)
in 7 rounds
- Latest Funding Round$81.64M (USD), Series G
Jul 2015
- InvestorsShanghai Pudong Development Bank
& 7 more
- Employee Count232
Funding Insights of Jiuxian
Jiuxian has successfully raised a total of $263.56M across 7 strategic funding rounds. The most recent funding activity was a Series G round of $81.64 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 $263.56M
- Total Rounds 7
- Last Round Series G — $81.64M
- First Round $20M
(Apr 2011)
- Investors Count 8
All 7 funding rounds of Jiuxian 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 |
|---|---|---|---|---|---|
| Jul 2015 | $81.64M | Series G | $1.05B | – | – |
| Aug 2014 | $48.66M | Series F | – | CDBC | |
| Jun 2014 | $41.89M | Series E | – | – | – |
| Jun 2013 | $27.25M | Series D | – | Sequoia Capital, Oriental Fortune Capital | – |
| Aug 2012 | $31.54M | Series C | – | Richland Capital | – |
| Nov 2011 | $12.58M | Series B | – | Sequoia Capital, Oriental Fortune Capital | – |
| Apr 2011 | $20M | Series A | – | Gdyq999 | – |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2015 | $1.05B | •••••••• |
Last known valuation $1.05B (Jul 2015). 8 investors in total: 8 institutional.
Investors in Jiuxian
Jiuxian has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Shanghai Pudong Development Bank, China Minsheng Bank and Jinzhou Bank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
Venture capital firm backed by China Development Bank | cdb-capital.com | Xicheng, China | ||
Multiple sectors are invested in by Oriental Fortune Capital. | ofcapital.com | Shenzhen, China | ||
Investment in industrial technology sectors is managed by Richland Capital. | 2017 | richlandcap.com | Beijing, China | |
Banking services are provided to corporates and individuals across China. | 1996 | cmbc.com.cn | Beijing, China | |
Commercial bank | 1992 | spdb.com.cn | Shanghai, China | |
Commercial bank | 1997 | jinzhoubank.com | Jinzhou, China | |
| gdyq999.com |
Investor details for Jiuxian
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of Jiuxian
2 people are tracked at Jiuxian (2 in leadership); the tracked headcount is 232.
| Name | Role | Group |
|---|---|---|
Haofeng He | Founder | Leadership |
Hao Hongfeng | CEO | Leadership |
Complete people profiles for Jiuxian
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Timeline of Jiuxian
4 dated milestones of Jiuxian across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Jiuxian is founded.
- Funding First funding round of $20.0M.
- Funding Latest funding round, Series G, of $81.6M.
- Milestone Reaches Unicorn status.
Competitors of Jiuxian
Jiuxian has 3 listed competitors in our database, 3 of them funded. They include Yesmywine, Jiubianli and Wangjiu.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| yesmywine.com | 2008 | Shanghai, China | $43M | Imported wines are retailed online with social features. | ||
| 9bianli.com | 2010 | Zhengzhou, China | $141.13M | Retail and O2O platform for liquor ordering and delivery | ||
| wangjiu.com | 2011 | Beijing, China | $41.42M | Premium wines and liquors are retailed online by Wangjiu. |
Detailed competitors of Jiuxian
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Web traffic of Jiuxian
The website of Jiuxian (jiuxian.com) receives about 48K visits a month.
- Monthly visits48K
▼ 39.7% vs previous month
Websites whose visitors overlap most with Jiuxian. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| yintai.com | 100% | View details | |||
bookschina.com | bookschina.com | 98% | #144,907 | – | |
| m18.com | 98% | View details | |||
jiu.womai.com | jiu.womai.com | 88% | – | ||
| suning.com | 84% | 1.1M | #53,326 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 15 similar websites and full traffic analytics for Jiuxian
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- 15 similar websites
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Frequently Asked Questions about Jiuxian
Jiuxian was founded in 2009 and raised its 1st funding round 2 years after it was founded.
Jiuxian is headquartered in Beijing, China. It is registered at Beijing, Beijing, China.
Jiuxian is a funded company, having raised a total of $263.56M across 7 funding rounds to date. The company's 1st funding round was a Series A of $20M, raised on Apr 2011.
Jiuxian has 232 employees.
Jiuxian.com (Brewmaster Network) is an online retailer of liquor. Nearly 10,000 alcoholic beverages are being sold on Jiuxian.com, with 75 of the companys sales revenue comes from Baijiu (Chinese wine made from grains) and 10 comes from red wine. The online retailer currently has subsidiaries and operation centers in big cities including Shanghai, Guangzhou and Tianjin. Once purchased online, consumers from 60 cities in China can expect to receive the product by the next day, and 200 cities can expect their purchase delivered in three days. The company is planning to form partnerships with global brands and directly import products to China.
Jiuxian has 8 investors. Key investors include Shanghai Pudong Development Bank, China Minsheng Bank, Jinzhou Bank, Sequoia Capital, and CDBC.
The valuation of Jiuxian is $1.05B as of Jul 2015.