About Wajiu
Wajiu is a Retail company based in Beijing (China) founded in 2014. Imported alcohol is sold in bulk to businesses online. Wajiu has raised $18.75 million across 2 funding rounds from investors including New One and JJ World. Its focus areas include B2B E-Commerce, Food & Beverages, Groceries and Beverage. Its competitors include Yijiupi, Coffee Exchange and Oteao; 2 of its 3 listed competitors have raised funding.
Company details
Wajiu was founded in 2014 in Beijing, China, as a B2B online retailer in the alcohol sector. Imported wines, beers, and vodkas from various countries are listed and sold in bulk quantities to businesses. Operations are conducted through bonded warehouses in Chinas free trade zones, which facilitate reduced delivery times and payments in RMB to avoid international transfers.
- Headquarters Beijing, China
- SectorsRetail
- Website mall.wajiu.com
- Total Equity Funding$18.75M (USD)
in 2 rounds
- Latest Funding Round$18.75M (USD), Series B
Dec 2016
- InvestorsNew One
& 1 more
Funding Insights of Wajiu
Wajiu has successfully raised a total of $18.75M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $18.75 million completed in December 2016. 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 $18.75M
- Total Rounds 2
- Last Round Series B — $18.75M
- Investors Count 2
All 2 funding rounds of Wajiu 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 |
|---|---|---|---|---|---|
| Dec 2016 | $18.75M | Series B | – | – | |
| Aug 2015 | Series A | – | – |
2 investors in total: 2 institutional.
Investors in Wajiu
Wajiu has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include New One and JJ World.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity and corporate advisory services are provided. | newone.com.hk | Hong Kong, China | ||
A mobile game development studio specializing in creating engaging games. | 2007 | jj.cn | Beijing, China |
Investor details for Wajiu
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Timeline of Wajiu
3 dated milestones of Wajiu across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Wajiu is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $18.7M.
Competitors of Wajiu
Wajiu has 3 listed competitors in our database, 2 of them funded. They include Yijiupi, Coffee Exchange and Oteao.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| yijiupi.com | 2014 | Beijing, China | $642.22M | Multi-category alcoholic beverages are distributed via an online B2B platform. | ||
| coffee.exchange | 2018 | Shanghai, China | $510,000 | Online B2B coffee trading platform | ||
| oteao.com | 2010 | Xiamen, China | Operates a B2B marketplace for tea products and suppliers. |
Detailed competitors of Wajiu
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Frequently Asked Questions about Wajiu
Wajiu was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Wajiu is headquartered in Beijing, China.
Wajiu is a funded company, having raised a total of $18.75M across 2 funding rounds to date.
Wajiu was founded in 2014 in Beijing, China, as a B2B online retailer in the alcohol sector. Imported wines, beers, and vodkas from various countries are listed and sold in bulk quantities to businesses. Operations are conducted through bonded warehouses in Chinas free trade zones, which facilitate reduced delivery times and payments in RMB to avoid international transfers.
Wajiu's top competitors include Yijiupi, Coffee Exchange and Oteao.