About Xiangwushuo
Xiangwushuo is a company based in Shanghai (China) founded in 2017 by Sun Shuo. It operates as a B2C. Xiangwushuo has raised $65 million across 4 funding rounds from investors including GGV Capital, Matrix and Zhen Fund. Xiangwushuo operates in a competitive market with competitors including eBay, Carousell, 58City, Zhuan Zhuan and Ganji, among others.
- Headquarter Shanghai, China
- Founders Sun Shuo
- SectorsRetail
- Website xiangwushuo.com
- Total Equity Funding$65M (USD)
in 4 rounds
- Latest Funding Round$65M (USD), Series B
Aug 2018
- InvestorsGGV Capital
& 7 more
Funding Insights of Xiangwushuo
Xiangwushuo has successfully raised a total of $65M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $65 million completed in August 2018. 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 $65M
- Total Rounds 4
- Last Round Series B — $65M
- Investors Count 8
All 4 funding rounds of Xiangwushuo 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 |
|---|---|---|---|---|---|
| Aug 2018 | $65M | Series B | – | Sequoia Capital | |
| Jun 2018 | – | Series B | – | Hillhouse | – |
| Jan 2018 | – | Series A | – | GGV Capital, Matrix Partners China | – |
| Feb 2017 | – | Seed | – | IDG Capital | – |
8 investors in total: 8 institutional.
Investors in Xiangwushuo
Xiangwushuo has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include GGV Capital, Matrix and Zhen Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital is invested in cybersecurity, fintech, and AI startups. | – | ggvc.com | Menlo Park, United States | |
Early-stage ventures are funded by the investment firm. | – | matrix.vc | San Francisco, United States | |
Tech & Offline focused Seed stage VC Firm investing primarily in Asia and the US | – | zhenfund.com | Beijing, China | |
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | - | |
Global private equity investments are managed with long-term focus. | – | hillhouseinvestment.com | New York, United States | |
Venture capital firm | – | idgcapital.com | New York, United States | |
Early-stage VC investments in Chinese tech startups are focused on. | – | k2vc.com | Beijing, China | |
Multiple sectors are invested in by this venture capital firm. | – | matrixpartners.com.cn | Chaoyang, China |
Investor details for Xiangwushuo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Xiangwushuo
1 people are tracked at Xiangwushuo (1 in leadership).
| Name | Role | Group |
|---|---|---|
Sun Shuo | Founder, CEO | Leadership |
Complete people profiles for Xiangwushuo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Xiangwushuo
3 dated milestones of Xiangwushuo across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Xiangwushuo is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $65.0M.
Competitors of Xiangwushuo
Xiangwushuo 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 eBay, Carousell, 58City, Zhuan Zhuan and Ganji, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ebay.com | 1995 | San Jose, United States | – | 12,300 | Multi-category consumer products are sold via an online marketplace platform. | |
| carousell.sg | 2012 | Singapore | $375.6M | – | Online marketplace platform offering multi-category second-hand products | |
| 58.com | 2005 | Beijing, China | $140.78M | – | Online second-hand listing platform offering multi-category products and services | |
| zhuanzhuan.com | 2015 | Chaoyang, China | $990M | – | Second-hand goods are traded through a peer-to-peer marketplace. | |
| ganji.com | 2005 | Beijing, China | $298M | – | Chinese domestic classifieds platform | |
| baixing.com | 2005 | Shanghai, China | – | – | Second-hand products are listed peer-to-peer on an online platform. | |
| craigslist.org | 1995 | San Francisco, United States | – | 38 | Online classified forum | |
| luxsens.com | 2014 | Shanghai, China | $120,000 | – | Online listing platform for new and pre-owned luxury fashion goods | |
| erhuoapp.com | 2014 | Beijing, China | $158,000 | – | Offers a platform for students to list and buy secondhand goods. |
Detailed competitors of Xiangwushuo
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- Full competitor set
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Latest news on Xiangwushuo
Complete news archive for Xiangwushuo
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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- Brand-specific news history
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Similar companies to Xiangwushuo
10 companies that operate in the same segment as Xiangwushuo (Marketplaces & General E-Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category consumer products are offered via an online marketplace platform. | 2007 | Bengaluru, Karnataka, India | USD 12.12 B | – | – | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Multi-category consumer products are sold via an online marketplace. | 2010 | Seoul, South Korea | USD 3.9 B | USD 34.53 B | 95,000 | |
Multi-category products are sold via an online marketplace platform. | 2012 | Singapore, Singapore | USD 689.63 M | – | – | |
Multi-category products are offered through an online marketplace. | 1994 | Seattle, Washington, United States | USD 8 M | – | – | |
Multi-category second-hand products are offered via online marketplace platform. | 2007 | Moscow, Russia | USD 161 M | – | – | |
Used multi-category products are traded on an online marketplace platform. | 2013 | Minato, Tokyo, Japan | USD 117.3 M | USD 1.41 B | – | |
Multi-category consumer products are sold via an online marketplace platform. | 1999 | Buenos Aires, Argentina | – | USD 28.89 B | 84,210 | |
App-based marketplace and classified platform for multi-category products | 2013 | Barcelona, Catalonia, Spain | USD 370.56 M | – | – | |
Multi-category consumer products are offered via an online marketplace. | 1998 | Moscow, Russia | USD 442.27 M | – | – |
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Frequently Asked Questions about Xiangwushuo
Xiangwushuo was founded in 2017.
Xiangwushuo is headquartered in Shanghai, China.
Sun Shuo is the current CEO of Xiangwushuo. They have also founded this company.
Xiangwushuo is a funded company, having raised a total of $65M across 4 funding rounds to date.
Xiangwushuo, backed by 65000000.0 from GGV Capital, Matrix, Zhen Fund, Sequoia Capital, Hillhouse, IDG Capital, K2VC, Matrix Partners China, focuses on operating online marketplaces, marketplaces, second-hand goods, and commission-based sales. Operates an online marketplace for commission-based sales of pre-owned products. Driving innovation, growth, and excellence in its industry sectors.
Xiangwushuo has 8 investors. Key investors include GGV Capital, Matrix, Zhen Fund, Sequoia Capital, and Hillhouse.