Xingsheng Selected
Changsha, China · Founded 2018
- Headquarters
- Changsha
- Founded
- 2018
- Business Model
- Marketplace
About
Xingsheng Selected (also known as Xingsheng Youxuan or 兴盛优选) is a Chinese community group-buying e-commerce platform founded in 2018 and headquartered in Changsha, Hunan, China. The company pioneered a pre-order and next-day self-pickup model that enables neighborhood communities to collectively purchase groceries, fresh produce, and daily necessities at discounted prices through a network of community group leaders. Operating across 13 provincial regions and more than 6,000 cities at its peak, Xingsheng Selected built a differentiated fulfillment network combining online ordering with offline pickup points managed by local team leaders. Backed by major investors including Tencent, KKR, JD.com, Temasek, Ontario Teachers' Pension Plan, and Primavera Capital Group, Xingsheng Selected raised over $5.4 billion.
Summary
Xingsheng Selected is an E-Commerce company based in Changsha, China, founded in 2018.
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