Weidian

Beijing, China Founded: 2014 • Age: 12 yrs Unicorn
Provider of e commerce platform management and development solutions

About Weidian

Weidian is a Retail company based in Beijing (China) founded in 2014. It operates as a provider of e commerce platform management and development solutions. Weidian has raised $350 million across 2 funding rounds from investors including Tencent, Warburg Pincus and Aihuishou. The company has 3 employees. Weidian was last valued at $1.4 billion in May 2019. Its website weidian.com draws about 4.3 million monthly visits. Its focus areas include Social Commerce, Social Storefronts, Wechat and E-Commerce Enablers. Its competitors include Yumi.

Company details

Founded in 2014 and based in Beijing, China, Weidian operates in the e-commerce sector. Tools and features are supplied for users to establish online stores, list products, handle inventory, process payments, and offer customer support. Integration with WeChat and social networking sites is enabled, allowing local shops to distribute goods across multiple platforms. Order management is facilitated through these solutions.

  • Headquarters Beijing, China
  • Employees 3
  • Stage Unicorn
  • Sectors
    Retail
  • Website weidian.com
  • Social LinkedIn
Key Metrics
  • Total Equity Funding
    $350M (USD)

    in 2 rounds

  • Investors
    Tencent

    & 12 more

  • Employee Count
    3

Funding Insights of Weidian

Weidian has successfully raised a total of $350M across 2 strategic funding rounds. 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 $350M
  • Total Rounds 2
  • First Round $350M

    (Oct 2014)

  • Investors Count 13

All 2 funding rounds of Weidian with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2019–Series D–Fresh Capital, Aihuishou
–
Oct 2014$350MSeries C–Tencent
Valuation history
DateValuationStage
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Last known valuation $1.4B (May 2019). 13 investors in total: 13 institutional.

Investors in Weidian

Weidian has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Tencent, Warburg Pincus and Aihuishou.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
-
–freshcapital.cn-
Venture and private equity investments are managed with global diversification.
–tigerglobal.comNew York, United States
Investment services are provided for maximizing gains over time.
–vycapital.comMenlo Park, United States
Venture capital firm focused on growth-stage companies
–alphawaveglobal.comNew York, United States
Venture capital investment firm
–dst-global.comMenlo Park, United States
Growth equity is provided to private internet and software companies.
–gladebrookcapital.comGreenwich, United States
Multi-stage private equity investments are pursued across diverse sectors.
1966warburgpincus.comNew York, United States
Long-term private equity investments in transformational opportunities are pursued.
–invus.comNew York, United States
Provider of private equity and venture capital investment firm
–kginvest.netScottsdale, United States
Venture capital investments are offered to startups by NEA.
–nea.comMenlo Park, United States
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Investor details for Weidian

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People of Weidian

2 people are tracked at Weidian (2 in leadership); the tracked headcount is 3.

NameRoleGroup
Ke Wang
Founder & CEOLeadership
Ryan Cheung
CFOLeadership
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Timeline of Weidian

4 dated milestones of Weidian across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Weidian is founded.
  2. Funding First funding round of $350.0M.
  3. Milestone Reaches Unicorn status.
  4. Funding Latest funding round, Series D,.

Competitors of Weidian

Weidian has 1 listed competitor in our database. They include Yumi, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
yumi.us2013Brooklyn, United States––
Social media e-commerce platform
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Web traffic of Weidian

The website of Weidian (weidian.com) receives about 4.3M visits a month.

  • Monthly visits
    4.3M

    ▲ 0.6% vs previous month

Similar websites

Websites whose visitors overlap most with Weidian. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
1688.com
100%
32.6M#892View details
taobao.com
85%
187.6M#129View details
dhgate.com
81%
22.9M#1,789View details
aliprice.com
aliprice.com
78%
–#28,668–
aliexpress.com
74%
–#52View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Social & Influencer Commerce

10 companies that operate in the same segment as Weidian (Social & Influencer Commerce), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Used multi-category products are traded via an app-based social marketplace.
2011Redwood City, California, United StatesUSD 203 MUSD 7.23 M224
Online community-based shopping and recommendation platform
2013Shanghai, Shanghai, ChinaUSD 900 M–3,786
Multi-category products are retailed online by CityMall.
2019Gurugram, Haryana, IndiaUSD 153.52 MUSD 55.51 M1,597
Online social deal-sharing platform for multi-category products
2018Bengaluru, Karnataka, IndiaUSD 386.55 MUSD 247.08 M418
Online social shopping marketplace for women fashion products
2012Gurugram, Haryana, IndiaUSD 51.95 MUSD 327.87 M10,640
Multi-category consumer products are sold via an online marketplace.
2010Singapore, SingaporeUSD 102.1 MUSD 5.06 K–
Fourthwall is utilized by creators to build shops and memberships.
2019Los Angeles, California, United StatesUSD 17 M––
Multi-category products are traded via an app-based video commerce platform.
2019El Segundo, California, United StatesUSD 235.75 M–151
Online group buying platform offering multi-category products
2015Shanghai, Shanghai, ChinaUSD 3.22 BUSD 60.07 B–
Cloud-based WhatsApp marketing and customer engagement platform is provided.
2019Bengaluru, Karnataka, IndiaUSD 3.42 MUSD 14.24 K15
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Related news about Weidian

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Frequently Asked Questions about Weidian

Weidian was founded in 2014.

Weidian is headquartered in Beijing, China. It is registered at Beijing, Beijing, China.

Weidian is a funded company, having raised a total of $350M across 2 funding rounds to date. The company's 1st funding round was a Series C of $350M, raised on Oct 2014.

Weidian has 3 employees.

Founded in 2014 and based in Beijing, China, Weidian operates in the e-commerce sector. Tools and features are supplied for users to establish online stores, list products, handle inventory, process payments, and offer customer support. Integration with WeChat and social networking sites is enabled, allowing local shops to distribute goods across multiple platforms. Order management is facilitated through these solutions.

Weidian's top competitors include Yumi.

Weidian has 13 investors. Key investors include Tencent, Warburg Pincus, Aihuishou, hCapital, and Fresh Capital.

The valuation of Weidian is $1.4B as of May 2019.

The website of Weidian receives about 4.3 million visits a month.

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