About Lefeng
Lefeng is a Healthcare company based in Beijing (China) founded in 2008, and was acquired by VipShop in February 2014. Beauty products are offered online via group-buying and discounts. Its focus areas include Retail, Beauty Tech, Ecommerce and Multi Category. Its competitors include Lili&Beauty, Jumei and Idsbuybuybuy.com; 2 of its 3 listed competitors have raised funding.
Company details
Lefeng was founded in 2008 in Beijing, China, as an e-commerce platform focused on beauty products. Group-buying and discount sales are provided for fashion clothing and cosmetics. Purchasing decisions are influenced through features that incorporate fashion opinion leaders. Operations are centered on online retail within the beauty and fashion sector, serving users primarily in China.
- Headquarters Beijing, China
- Stage Acquired
- SectorsHealthcare
- Website lefeng.com
- Acquired by VipShop (Feb 2014)
Funding Insights of Lefeng
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Lefeng 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 |
|---|---|---|---|---|---|
| Apr 2008 | Series A | – | Sequoia Capital | – |
2 investors in total: 2 institutional.
Investors in Lefeng
Lefeng has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include VipShop and Sequoia Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
Multi-category consumer products are sold via online flash sales. | 2008 | vip.com | Guangzhou, China |
Investor details for Lefeng
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- Complete investor list
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Timeline of Lefeng
3 dated milestones of Lefeng across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Lefeng is founded.
- Funding First funding round.
- Exit Acquired by VipShop.
Competitors of Lefeng
Lefeng has 3 listed competitors in our database, 2 of them funded. They include Lili&Beauty, Jumei and Idsbuybuybuy.com.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lrlz.com | 2007 | Shanghai, China | $110M | B2C e-commerce retailer for cosmetics industry | ||
| jumei.com | 2010 | Beijing, China | Operates an e-commerce store offering multi-category beauty care products. | |||
| idsbuybuybuy.com | 2018 | Beijing, China | $40M | Multi-category beauty products are offered via an online platform. |
Detailed competitors of Lefeng
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Related news about Lefeng
Complete news archive for Lefeng
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Frequently Asked Questions about Lefeng
Lefeng was founded in 2008.
Lefeng is headquartered in Beijing, China.
Lefeng was founded in 2008 in Beijing, China, as an e-commerce platform focused on beauty products. Group-buying and discount sales are provided for fashion clothing and cosmetics. Purchasing decisions are influenced through features that incorporate fashion opinion leaders. Operations are centered on online retail within the beauty and fashion sector, serving users primarily in China.
Lefeng's top competitors include Lili&Beauty, Idsbuybuybuy.com and Jumei.
Lefeng has 2 investors. Key investors include VipShop, and Sequoia Capital.
Yes. Lefeng was acquired by VipShop in February 2014.