About Yesmywine
Yesmywine is a company based in Shanghai (China) founded in 2008 was acquired by Goethe Yingxiang in May 2015.. Yesmywine has raised $43 million across 3 funding rounds from investors including DCM, Chengwei Capital and Mandra Capital. Yesmywine operates in a competitive market with competitors including Jiuxian, Jiubianli, Wangjiu, Moooton and Beijing Wenjiuhui Network Technology, among others.
- Headquarter Shanghai, 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
$43 M (USD)
in 3 rounds
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Latest Funding Round
$40 M (USD), Series C
May 10, 2011
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Investors
DCM
& 3 more
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Employee Count
Employee Count
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Acquired by
Goethe Yingxiang
(May 15, 2015)
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Funding Insights of Yesmywine
Yesmywine has successfully raised a total of $43M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $40 million completed in May 2011. 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 3
- Last Round Series C — $40.0M
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First Round
First Round
(01 Mar 2009)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2011 | Amount | Series C - Yesmywine | Valuation |
investors |
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| Dec, 2010 | Amount | Series B - Yesmywine | Valuation |
investors |
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| Mar, 2009 | Amount | Series A - Yesmywine | Valuation |
investors |
| 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 |
Investors in Yesmywine
Yesmywine has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include DCM, Chengwei Capital and Mandra Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Tech-focused seed, early, and mid-stage VC investments are made globally.
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Founded Year | Domain | Location | |
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Chengwei Capital is recognized as an early venture capital firm in China.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Yesmywine
| 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 - Yesmywine
| 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 |
Yesmywine Comparisons
Competitors of Yesmywine
Yesmywine 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, Jiubianli, Wangjiu, 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 |
Retail and O2O platform for liquor ordering and delivery
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| domain | founded_year | HQ Location |
Premium wines and liquors are retailed online by Wangjiu.
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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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Latest news on Yesmywine
Frequently Asked Questions about Yesmywine
When was Yesmywine founded?
Yesmywine was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Where is Yesmywine located?
Yesmywine is headquartered in Shanghai, China.
Is Yesmywine a funded company?
Yesmywine is a funded company, having raised a total of $43M across 3 funding rounds to date. The company's 1st funding round was a Series A of $3M, raised on Mar 01, 2009.
What does Yesmywine do?
Yesmywine is an online wine retailer. It has more than 5.2M members and sells over 15000 wine bottles everyday. It also has the Chinas only wine focussed social network : i-Cellar. i-Cellar has over 100k members. The company also has My Cellar, a Twitter-like service for wine lovers, on the Yesmywine platform. Events are held in more than 40 mainland cities, with an average of 15 wine parties each week. Has raised 40 million in a Series C financing led by Chengwei Capital. In may 2015, Yesmywine has confirmed that Googut Wine Spirits Co. Ltd, a Chinese drinks company has agreed to acquire a shareholding in its business. However the stake has not been disclosed and Yesmywine will continue to operate independently.
Who are the top competitors of Yesmywine?
Who are Yesmywine's investors?
Yesmywine has 4 investors. Key investors include DCM, Chengwei Capital, Mandra Capital, and Goethe Yingxiang.