About Ule
Ule is a Retail company based in Shanghai (China) founded in 2010 by Chen Qing. Products are sold via online, mobile, and offline channels. Ule has raised $110 million across 1 funding round. Its website ule.com draws about 79 thousand monthly visits. Its focus areas include Horizontal E-Commerce and Retailer. Its competitors include JD.com, Taobao.com and Tmall; 2 of its 3 listed competitors have raised funding.
Company details
Ule was founded in 2010 in Shanghai, China, through a partnership between state-backed China Post and TOM Group. As a B2C e-commerce platform, a variety of products is offered for purchase over the internet or mobile devices, alongside offline options such as catalogues, phone orders, and over-the-counter services. Logistics and warehousing capabilities are provided by China Post, with technological support from TOM Group, resulting in 110 million of funding secured.
- Headquarters Shanghai, China
- Founders Chen Qing
- SectorsRetail
- Website ule.com
- Total Equity Funding$110M (USD)
in 1 rounds
- Latest Funding Round$110M (USD), Private Equity Round
Feb 2014
Funding Insights of Ule
Ule has successfully raised a total of $110M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $110 million completed in February 2014. 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 $110M
- Total Rounds 1
- Last Round Private Equity Round — $110M
- First Round $110M
(Feb 2014)
All 1 funding rounds of Ule 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 2014 | $110M | Private Equity Round | – | – | – |
People of Ule
1 people are tracked at Ule (1 in leadership).
| Name | Role | Group |
|---|---|---|
Chen Qing | Founder & President | Leadership |
Complete people profiles for Ule
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
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Timeline of Ule
2 dated milestones of Ule across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Ule is founded.
- Funding First funding round of $110.0M.
Competitors of Ule
Ule has 3 listed competitors in our database, 2 of them funded. They include JD.com, Taobao.com and Tmall.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| jd.com | 1998 | Beijing, China | $2.85B | 25 | Multi-category consumer products are retailed online by JD.com. | |
| taobao.com | 2003 | Hangzhou, China | $40M | Multi-category consumer products are offered via an online marketplace. | ||
| tmall.com | 2008 | Hangzhou, China | Multi-category consumer products are sold via an online marketplace. |
Detailed competitors of Ule
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- Full competitor set
- Operating metrics
- Benchmarks
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Web traffic of Ule
The website of Ule (ule.com) receives about 79K visits a month.
- Monthly visits79K
▲ 38.3% vs previous month
Websites whose visitors overlap most with Ule. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
bears.com.cn | bears.com.cn | 100% | #291,808 | – | |
jxmall.com | jxmall.com | 94% | #10,129,486 | – | |
kiees.com | kiees.com | 87% | #313,815 | – | |
gwdang.com | gwdang.com | 84% | #130,624 | – | |
fx.smzdm.com | fx.smzdm.com | 82% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 25 similar websites and full traffic analytics for Ule
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- 25 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Ule
Complete news archive for Ule
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Frequently Asked Questions about Ule
Ule was founded in 2010 and raised its 1st funding round 4 years after it was founded.
Ule is headquartered in Shanghai, China.
Ule is a funded company, having raised a total of $110M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $110M, raised on Feb 2014.
Ule was founded in 2010 in Shanghai, China, through a partnership between state-backed China Post and TOM Group. As a B2C e-commerce platform, a variety of products is offered for purchase over the internet or mobile devices, alongside offline options such as catalogues, phone orders, and over-the-counter services. Logistics and warehousing capabilities are provided by China Post, with technological support from TOM Group, resulting in 110 million of funding secured.
Ule's top competitors include JD.com, Taobao.com and Tmall.