About Lucky Pai
Lucky Pai is a Retail company based in Shanghai (China) founded in 2006, and was acquired by Lotte in August 2010. Retailer of home appliances, cosmetics, apparel, food, digital devices, and more. Lucky Pai has raised $40 million across 2 funding rounds from investors including Lightspeed Venture Partners, Lotte and Lehman Brothers. Its focus areas include Consumer Goods and Retailers.
Company details
Lucky Pai was founded in 2006 and is headquartered in Shanghai, China. Operations are focused on retail across multiple sectors, including home appliances, cosmetics, apparel, food items, and digital devices. Products are offered through online platforms at luckypai.com, serving consumers in the domestic market. Expansion has been noted in diverse consumer goods categories since inception, with emphasis on standard retail services.
- Headquarters Shanghai, China
- Stage Acquired
- SectorsRetail
- Website luckypai.com
- Acquired by Lotte (Aug 2010)
- Total Equity Funding$40M (USD)
in 2 rounds
- Latest Funding Round$25M (USD), Series B
Feb 2008
- InvestorsLightspeed Venture Partners
& 4 more
- Acquired byLotte
(Aug 2010)
Funding Insights of Lucky Pai
Lucky Pai has successfully raised a total of $40M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in February 2008. 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 $40M
- Total Rounds 2
- Last Round Series B β $25M
- First Round $15M
(Sep 2006)
- Investors Count 4
All 2 funding rounds of Lucky Pai 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 |
|---|---|---|---|---|---|
| Feb 2008 | $25M | Series B | β | β | |
| Sep 2006 | $15M | Series A | β | β |
5 investors in total: 5 institutional.
Investors in Lucky Pai
Lucky Pai has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Lightspeed Venture Partners, Lotte and Lehman Brothers.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment in technology startups focusing on compute, AI, and related innovations. | intelcapital.com | |||
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners. | 1997 | lsvp.com | Menlo Park, United States | |
| dtcap.com | ||||
Global financial advisory services are provided by the firm. | lehman.com | New York, United States | ||
Confectionery goods are manufactured alongside diverse business services. | 1960 | lotte.co.kr | Seoul, South Korea |
Investor details for Lucky Pai
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Lucky Pai
4 dated milestones of Lucky Pai across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Lucky Pai is founded.
- Funding First funding round of $15.0M.
- Funding Latest funding round, Series B, of $25.0M.
- Exit Acquired by Lotte.
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Frequently Asked Questions about Lucky Pai
Lucky Pai was founded in 2006.
Lucky Pai is headquartered in Shanghai, China.
Lucky Pai is a funded company, having raised a total of $40M across 2 funding rounds to date. The company's 1st funding round was a Series A of $15M, raised on Sep 2006.
Lucky Pai was founded in 2006 and is headquartered in Shanghai, China. Operations are focused on retail across multiple sectors, including home appliances, cosmetics, apparel, food items, and digital devices. Products are offered through online platforms at luckypai.com, serving consumers in the domestic market. Expansion has been noted in diverse consumer goods categories since inception, with emphasis on standard retail services.
Lucky Pai has 5 investors. Key investors include Lightspeed Venture Partners, Lotte, Lehman Brothers, Intel Capital, and Detong Capital.
Yes. Lucky Pai was acquired by Lotte in August 2010.
