Xiabu Xiabu

IPO

Beijing, China · Founded 1998 · $50.0M raised

Headquarters
Beijing
Employees
5001–10000
Founded
1998
Business Model
B2C
Website
xiabu.com
Total Funding
$50.0M
Last Round
$50.0M Private EquityDec 2012
Rounds
2

About

Xiabu Xiabu (Xiabuxiabu Catering Management Co., Ltd.) is a Hong Kong-listed quick service restaurant chain founded in Beijing in 1998, specializing in individual-portion Chinese hotpot cuisine. The company grew to operate over 1,000 stores across China before undertaking a store rationalization program in 2021. Backed by General Atlantic since 2012, Xiabu Xiabu has been a major player in China's fast-casual dining sector, offering an affordable and streamlined hotpot experience differentiated from traditional communal hotpot formats.

Summary

Xiabu Xiabu is an E-Commerce company based in Beijing, China, founded in 1998. It has raised $50.0M in total across 2 rounds, most recently a $50.0M Private Equity round in Dec 2012. Investors include General Atlantic and Actis.

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Funding History

IPODec 2014
$214.0M

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Investors

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