Shanghai Metals Market

Shanghai, China Founded: 1999 • Age: 27 yrs
Online B2B trading platform for metals

About Shanghai Metals Market

Shanghai Metals Market is a company based in Shanghai (China) founded in 1999.. Shanghai Metals Market has raised $17.6 million across 1 funding round from investors including Greenwoods Investments and Ginkgo Gofar Group. Shanghai Metals Market operates in a competitive market with competitors including Zhaogang, Ouyeel, Ygline, Dahan e-commerce and 51youse, among others.

  • Headquarter Shanghai, China
  • Sectors
    Industrial Goods & Manufacturing
    Retail
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Industrial Goods & Manufacturing → Industrial Materials & Resources
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $17.6 M (USD)

    in 1 rounds

  • Latest Funding Round
    $17.6 M (USD), Private Equity Round

    Sep 01, 2015

  • Investors
  • Employee Count
    Employee Count
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Funding Insights of Shanghai Metals Market

Shanghai Metals Market has successfully raised a total of $17.6M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $17.6 million completed in September 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 Rounds 1
  • Last Round Private Equity Round — $17.6M
  • First Round

    (01 Sep 2015)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2015 Amount Private Equity Round - Shanghai Metals Market Valuation

investors

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

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Shanghai Metals Market

Shanghai Metals Market has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Greenwoods Investments and Ginkgo Gofar Group. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Shanghai Metals Market

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

Financial Statements - Shanghai Metals Market

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

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Shanghai Metals Market Comparisons

Employees
+
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Competitors of Shanghai Metals Market

Shanghai Metals Market 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 Zhaogang, Ouyeel, Ygline, Dahan e-commerce and 51youse, 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
Zhaogang is recognized as a leading steel e-commerce platform.
domain founded_year HQ Location
Online steel trading and supply chain services are provided.
domain founded_year HQ Location
Steel trading is enabled via an online B2B marketplace.
domain founded_year HQ Location
B2B steel products are traded via an online marketplace platform.
domain founded_year HQ Location
Online platform for listing and trading industrial supplies is provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Shanghai Metals Market

Frequently Asked Questions about Shanghai Metals Market

When was Shanghai Metals Market founded?

Shanghai Metals Market was founded in 1999 and raised its 1st funding round 16 years after it was founded.

Where is Shanghai Metals Market located?

Shanghai Metals Market is headquartered in Shanghai, China.

Is Shanghai Metals Market a funded company?

Shanghai Metals Market is a funded company, having raised a total of $17.6M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $17.6M, raised on Sep 01, 2015.

What does Shanghai Metals Market do?

SMM (Shanghai Metals Market) have been publishing the daily assessment spot prices (SMM Price) for over 100 base metals, precious metals, minor metals, recycled metals, metal powders, compounds, semis, alloys, and rare earths. Has more than 50 million registered users, with an access to more than 200,000 businesses, has become a vertical portal worldwide. Also maintains other set of websites www.smm.cn, mall.smm.cn, international websites www.metal.com. Has a B2B trading vertical which provides customers with trading services, secure payment, logistics supervision etc. Copper, silver, silicon, zinc, aluminium etc are the major metals traded on the platform.

Who are the top competitors of Shanghai Metals Market?

Shanghai Metals Market's top competitors include Zhaogang, Ouyeel and Itaobuxiu.

Who are Shanghai Metals Market's investors?

Shanghai Metals Market has 2 investors. Key investors include Greenwoods Investments, and Ginkgo Gofar Group.

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