About Wangjiu
Wangjiu is a company based in Beijing (China) founded in 2011.. Wangjiu has raised $41.42 million across 2 funding rounds. Wangjiu operates in a competitive market with competitors including Jiuxian, Yesmywine, Jiubianli, Moooton and Beijing Wenjiuhui Network Technology, among others.
- Headquarter Beijing, China
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Sectors
Retail
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$41.42 M (USD)
in 2 rounds
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Latest Funding Round
$11.02 M (USD), Series A
May 16, 2016
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Investors
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Employee Count
Employee Count
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Funding Insights of Wangjiu
Wangjiu has successfully raised a total of $41.42M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $11.02 million completed in May 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 Total Funding
- Total Rounds 2
- Last Round Series A — $11.0M
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First Round
First Round
(13 Jan 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2016 | Amount | Series A - Wangjiu | Valuation |
investors |
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| Jan, 2016 | Amount | Series A - Wangjiu | Valuation |
investors |
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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 |
Investments & Acquisitions by Wangjiu
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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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 - Wangjiu
| 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 |
Wangjiu Comparisons
Competitors of Wangjiu
Wangjiu 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 Jiuxian, Yesmywine, Jiubianli, Moooton and Beijing Wenjiuhui Network Technology, 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 |
Online retailer for Liquor
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| domain | founded_year | HQ Location |
Imported wines are retailed online with social features.
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| domain | founded_year | HQ Location |
Retail and O2O platform for liquor ordering and delivery
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| domain | founded_year | HQ Location |
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| domain | founded_year | HQ Location |
Multi-category wines and liquors are retailed online.
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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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Frequently Asked Questions about Wangjiu
When was Wangjiu founded?
Wangjiu was founded in 2011 and raised its 1st funding round 5 years after it was founded.
Where is Wangjiu located?
Wangjiu is headquartered in Beijing, China.
Is Wangjiu a funded company?
Wangjiu is a funded company, having raised a total of $41.42M across 2 funding rounds to date. The company's 1st funding round was a Series A of $30.4M, raised on Jan 13, 2016.
What does Wangjiu do?
Wangjiu is an online retailer of liquor from multiple domestic and foreign brands. Sells a wide range of wines from across the globe, other alcohol products include whisky, vodka and beer. The company is part of LeTV. Focuses on high-end wines, from a 120 Cavalli to a 3,100 bottle of Chateau Lafite Rothschild. Offers a bespoke wine-customisation service to certain clients such as banks, media corporations, and private corporations. The company is founded by former vice-chairman of LeTV Holdings (Rebranded to LeEco) Li Rui. The company is also exploring a wine channel and various advertisements in the popular TV shows funded and exclusively broadcasted through LeTV.com.