Xingsheng Youxuan
A community group-buying platform where households order fresh food and daily necessities online and collect them at neighborhood partner stores. It was incubated by the Hunan convenience-store chain Furong Xingsheng.
Consumer & mediaCommunity group-buying grocery e-commerceChangsha, China
FoundersSince 2018
- Valuation
- $12B
- Total raised
- $5.0B
- Last round · Jul 2021
- Strategic investment
- Founded
- 2018
- Employees
- 20,000
- Quarters in VP50
- 6
Valuation
| Round | Date | Post-money valuation | Raised | Led by |
|---|---|---|---|---|
| Strategic investment | Jul 2019 | $700M | $40M | KKR |
| Series B | Sep 2019 | $1.0B | $200M | Primavera Capital |
| Series C+ | Jul 22, 2020 | $4.0B | $800M | KKR |
| Strategic investment | Jan 8, 2021 | $5.0B | $100M | Tencent |
| Series D | Feb 19, 2021 | $8.0B | $2.0B | Sequoia Capital China |
| Strategic investment | Jul 16, 2021 | $12B | $300M | Ontario Teachers' Pension Plan |
Post-money valuation at each priced round. Log scale.Hover a point for the round
Updated
In VP50
- Q4 2023: no place
- Q1 2024: no place
- Q2 2024: no place
- Q3 2024: no place
- Q4 2024: no place
- Q1 2025: no place
- Q2 2025: no place
- Q3 2025: no place
- Q4 2025: no place
- Q1 2026: no place
- Q2 2026: no place
- Q3 2026: no place
- Q4 2026: no place
Place by quarter since Q4 2023. Best place #34, in Q4 2020.
Funding rounds
DateRound · leadRaisedValuation
May 2019Series A+——
2018Series A · Capital Today——
