About ShopeX
ShopeX is a company based in Xuhui (China) founded in 2002 by Alex Xu.. ShopeX has raised $103.62 million across 4 funding rounds from investors including Alibaba Group, Joy Capital and K2VC. ShopeX operates in a competitive market with competitors including Cart.com, Zubale, BigCommerce, Unicommerce and AnyMind Group, among others.
- Headquarter Xuhui, China
- Founders Alex Xu
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$103.62 M (USD)
in 4 rounds
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Latest Funding Round
$103.62 M (USD), Series D
Jul 27, 2017
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Investors
Alibaba Group
& 9 more
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Employee Count
Employee Count
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Funding Insights of ShopeX
ShopeX has successfully raised a total of $103.62M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $103.62 million completed in July 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 Total Funding
- Total Rounds 4
- Last Round Series D — $103.6M
- First Round First Round
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2017 | Amount | Series D - ShopeX | Valuation | Joy Capital | |
| Jan, 2012 | Amount | Series C - ShopeX | Valuation |
investors |
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| Jun, 2011 | Amount | Series B - ShopeX | Valuation | Legend Capital , Lenovo |
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| 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 ShopeX
ShopeX has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Alibaba Group, Joy Capital and K2VC. 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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Venture capital firm focused on the technology, media & telecom sector
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Founded Year | Domain | Location | |
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Early-stage VC investments in Chinese tech startups are focused on.
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Founded Year | Domain | Location | |
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Venture capital firm investing in TMT & other tech sectors
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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 ShopeX
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 |
Financial Statements - ShopeX
| 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 |
Shopex Comparisons
Competitors of ShopeX
ShopeX 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 Cart.com, Zubale, BigCommerce, Unicommerce and AnyMind Group, 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 |
Software suite solutions are provided for e-commerce businesses.
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| domain | founded_year | HQ Location |
Platform offering retail sales enablement and reward software
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| domain | founded_year | HQ Location |
SaaS-based software suites for e-commerce operations are provided.
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| domain | founded_year | HQ Location |
Provider of e-commerce enablement platform automating order processing, inventory, warehouse, and shipping
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| domain | founded_year | HQ Location |
Platforms for e-commerce, marketing, and manufacturing are provided.
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| domain | founded_year | HQ Location |
Software suite solutions are provided for brands and e-commerce businesses.
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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 Shopex
Frequently Asked Questions about ShopeX
When was ShopeX founded?
ShopeX was founded in 2002 and raised its 1st funding round 8 years after it was founded.
Where is ShopeX located?
ShopeX is headquartered in Xuhui, China. It is registered at Xuhui, Shanghai, China.
Is ShopeX a funded company?
ShopeX is a funded company, having raised a total of $103.62M across 4 funding rounds to date.
What does ShopeX do?
ShopeX was founded in 2002 in Xuhui, China, within the e-commerce sector. Software and services are supplied to support online transactions, social commerce, O2O integrations, and supply chain management. Offerings encompass open-source mall platforms, business middleware, customized developments, and cloud-based enterprise solutions. Omnichannel retail tools are delivered for brand chains, facilitating offline-online convergence, merchandise handling, employee shopping guidance, marketing socialization, order fulfillment, member data digitization, and sales analytics.
Who are the top competitors of ShopeX?
ShopeX's top competitors include CommerceIQ, Cart.com and SPS Commerce.
Who are ShopeX's investors?
ShopeX has 10 investors. Key investors include Alibaba Group, Joy Capital, K2VC, CBC Capital, and Gopher Assets.