About Mushroom Street
Mushroom Street is a company based in Hangzhou (China) founded in 2000.. Mushroom Street has raised $420 million across 6 funding rounds from investors including Goldman Sachs, Banyan Tree and Qiming Venture Partners. The company has 347 employees as of March 31, 2024. Mushroom Street has completed 2 acquisitions, including Meilishuo and RealShark. Mushroom Street operates in a competitive market with competitors including Flip, GoWild, Kaboodle, Svpply and Playfora, among others.
- Headquarter Hangzhou, China
- Employees 347 as on 31 Mar, 2024
- Stage Public
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
- Legal Name Mogu, Inc. Sponsored Adr Class A
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Annual Revenue
$19.57 M-12.49as on Mar 31, 2025
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Net Profit
$-8.67 M-4.83as on Mar 31, 2025
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EBITDA
$-10.36 M-9.36as on Mar 31, 2025
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Total Equity Funding
$420 M (USD)
in 6 rounds
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Latest Funding Round
$200 M (USD), Series E
Nov 21, 2015
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Investors
Goldman Sachs
& 9 more
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Employee Count
347
as on Mar 31, 2024
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Investments & Acquisitions
Meilishuo
& 1 more
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IPO & Listings of Mushroom Street
Mushroom Street is a publicly listed company on the NYSE with ticker symbol MOGU in USA, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Leadership Team
5 people
Chairman Team
1 people
Human Resources and Administration
1 people
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Funding Insights of Mushroom Street
Mushroom Street has successfully raised a total of $420M across 6 strategic funding rounds. The most recent funding activity was a Series E round of $200 million completed in November 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 6
- Last Round Series E — $200.0M
- First Round First Round
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2015 | Amount | Series E - Mushroom Street | Valuation | Ping An Ventures | |
| Jun, 2014 | Amount | Series D - Mushroom Street | Valuation | Goldman Sachs | |
| Oct, 2012 | Amount | Series C - Mushroom Street | 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 Mushroom Street
Mushroom Street has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, Banyan Tree and Qiming Venture Partners. 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 retail tech, mobile tech, and multiple sectors
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Founded Year | Domain | Location | |
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Investment banking services are delivered across multiple financial sectors.
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Founded Year | Domain | Location | |
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Venture capital firm
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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 Mushroom Street
Mushroom Street has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Meilishuo and RealShark. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cloud platform for domain hosting and website building for offline businesses
|
2010 | ||||
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Social shopping platform of fashion products
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Mushroom Street
| 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 |
Mushroom Street Comparisons
Competitors of Mushroom Street
Mushroom Street 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 Flip, GoWild, Kaboodle, Svpply and Playfora, 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 |
Online retailer of pre-owned refurbished smartphones
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| domain | founded_year | HQ Location |
Outdoor activities are shared through an online community network.
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| domain | founded_year | HQ Location |
Shopping recommendations and discoveries are shared within a user community.
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| domain | founded_year | HQ Location |
Products are discovered and tracked via social connections on Svpply.
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| domain | founded_year | HQ Location |
Non profit organisation focused on payments for contests and raffles
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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 Mushroom Street
Frequently Asked Questions about Mushroom Street
When was Mushroom Street founded?
Mushroom Street was founded in 2000 and raised its 1st funding round 11 years after it was founded.
Where is Mushroom Street located?
Mushroom Street is headquartered in Hangzhou, China. It is registered at Hangzhou, Zhejiang, China.
Who is the current CEO of Mushroom Street?
Qi Chen is the current CEO of Mushroom Street.
Is Mushroom Street a funded company?
Mushroom Street is a funded company, having raised a total of $420M across 6 funding rounds to date.
How many employees does Mushroom Street have?
As of Mar 31, 2024, the latest employee count at Mushroom Street is 347.
What is the annual revenue of Mushroom Street?
Annual revenue of Mushroom Street is $19.57M as on Mar 31, 2025.
What does Mushroom Street do?
Online community-based retailer of lifestyle products. The products offered include fashion clothing accessories, beauty items, electronics, home improvement products, and more. Itt allows users to create looks and share discover fashion trends with other users on the platform.
Who are the top competitors of Mushroom Street?
Is Mushroom Street publicly traded?
Yes, Mushroom Street is publicly traded on NYSE under the ticker symbol MOGU.
How many acquisitions has Mushroom Street made?
Who are Mushroom Street's investors?
Mushroom Street has 10 investors. Key investors include Goldman Sachs, Banyan Tree, Qiming Venture Partners, Ping An Ventures, and Tiantu Capital.
What is Mushroom Street's ticker symbol?
The ticker symbol of Mushroom Street is MOGU on NYSE.