About Shenzhen Wisdom City E-Commerce
Shenzhen Wisdom City E-Commerce was a Retail company based in Shenzhen (China) founded in 2014 by Chen Wei, Sun Wei, and Huang Yang. It provides an assisted purchase platform through digital kiosks for rural communities. It operates on a B2C model. Shenzhen Wisdom City E-Commerce has raised $61.52 million across 2 funding rounds from investors including CITIC Capital, Ameba Capital and Qifu Capital. Its chief executive, as recorded, is Chen Wei. The company is recorded as dissolved. Its focus areas include Technology, E-Commerce, Digital Platforms and Rural Services. Its competitors include Xiaomai, Shouhuobao and Shanghai Qianxiang Network Technology; 2 of its 3 listed competitors have raised funding.
Company details
Shenzhen Wisdom City E-Commerce, founded in 2014 in Shenzhen, China, focuses on leveraging cutting-edge technology, e-commerce, digital platforms, and rural services. Provides an assisted purchase platform through digital kiosks for rural communities. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Shenzhen, China
- Founders Chen Wei, Sun Wei, Huang Yang
- SectorsRetail
- Website zhc365.com
- Total Equity Funding$61.52M (USD)
in 2 rounds
- Latest Funding Round$14.52M (USD), Series A
May 2017
- InvestorsCITIC Capital
& 3 more
Funding Insights of Shenzhen Wisdom City E-Commerce
Shenzhen Wisdom City E-Commerce has successfully raised a total of $61.52M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $14.52 million completed in May 2017. 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 $61.52M
- Total Rounds 2
- Last Round Series A — $14.52M
- First Round $47M
(Mar 2016)
- Investors Count 4
All 3 funding rounds of Shenzhen Wisdom City E-Commerce 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 |
|---|---|---|---|---|---|
| May 2017 | $14.52M | Series A | – | – | |
| Mar 2016 | $47M | Series A | – | – | |
| Feb 2014 | Seed | – | – | – |
4 investors in total: 4 institutional.
Investors in Shenzhen Wisdom City E-Commerce
Shenzhen Wisdom City E-Commerce has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include CITIC Capital, Ameba Capital and Qifu Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early and growth stage tech-focused VC firm investing primarily in China | amebacapital.com | Shanghai, China | ||
Venture capital investments are managed by Qifu Capital. | 2013 | qfvc.cn | Sanya, China | |
| sinowisdom.cn | ||||
Commercial ecological platform projects are targeted by this corporate fund. | 2002 | citiccapital.com | Hong Kong, China |
Investor details for Shenzhen Wisdom City E-Commerce
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
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People of Shenzhen Wisdom City E-Commerce
3 people are tracked at Shenzhen Wisdom City E-Commerce (3 in leadership).
| Name | Role | Group |
|---|---|---|
Chen Wei | Co-Founder, CEO | Leadership |
Sun Wei | Co-Founder | Leadership |
Huang Yang | Co-Founder | Leadership |
Complete people profiles for Shenzhen Wisdom City E-Commerce
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of Shenzhen Wisdom City E-Commerce
3 dated milestones of Shenzhen Wisdom City E-Commerce across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Shenzhen Wisdom City E-Commerce is founded.
- Funding First funding round of $47.0M.
- Funding Latest funding round, Series A, of $14.5M.
Competitors of Shenzhen Wisdom City E-Commerce
Shenzhen Wisdom City E-Commerce has 3 listed competitors in our database, 2 of them funded. They include Xiaomai, Shouhuobao and Shanghai Qianxiang Network Technology.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| imxiaomai.com | 2013 | Haidian, China | $43.91M | Serves as a proxy address for courier deliveries to campus students. | ||
| shouhuobao.com | 2011 | Chaoyang, China | $10M | An access point network for eCommerce parcel delivery is operated. | ||
| xiaoxiangshenghuo.cn | 2016 | Xuhui, China | Network of access points for e-commerce package reception is operated. |
Detailed competitors of Shenzhen Wisdom City E-Commerce
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Shenzhen Wisdom City E-Commerce
Shenzhen Wisdom City E-Commerce was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Shenzhen Wisdom City E-Commerce is headquartered in Shenzhen, China. It is registered at Shenzhen, Guangdong, China.
Chen Wei is the CEO of Shenzhen Wisdom City E-Commerce, as recorded in our data. They have also founded this company.
Shenzhen Wisdom City E-Commerce is a funded company, having raised a total of $61.52M across 2 funding rounds to date.
Shenzhen Wisdom City E-Commerce, founded in 2014 in Shenzhen, China, focuses on leveraging cutting-edge technology, e-commerce, digital platforms, and rural services. Provides an assisted purchase platform through digital kiosks for rural communities. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Shenzhen Wisdom City E-Commerce's top competitors include Shouhuobao, Shanghai Qianxiang Network Technology and Xiaomai.
Shenzhen Wisdom City E-Commerce has 4 investors. Key investors include CITIC Capital, Ameba Capital, Qifu Capital, and Zhejiang Huarui Investment Holdings.