Xingsheng
formerly Xingsheng YouxuanCommunity group buying for fresh groceries
Changsha, China · Founded 2018 · $7.4B raised
- Headquarters
- Changsha, Hunan
- Employees
- 1001–5000
- Founded
- 2018
- Business Model
- Marketplace
- Website
- xsyxsc.com
- Total Funding
- $7.4B
- Last Round
- $300.0M Venture RoundJul 2021
- Rounds
- 11
About
Xingsheng (兴盛优选) is a China-based community e-commerce platform operating a pre-order and self-pickup grocery model where consumers order online and collect from local stores the next day. The company builds a three-tier logistics network (central warehouse → grid station → store) and partners with neighborhood retailers to expand fresh food and consumer goods distribution. Headquartered in Changsha, Hunan, the platform has attracted investment from more than ten top domestic and international institutional investors.
Summary
Xingsheng is an E-Commerce company based in Changsha, China, founded in 2018. It has raised $7.4B in total across 11 rounds, most recently a $300.0M Venture Round round in Jul 2021. Investors include KKR, Tencent and Sequoia Capital.
Tech & App Stack
3 technologies & apps tracked
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Funding History
Jul 2021
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Investors
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