Koudai is a growth stage, lead-generation platform focused on mobile e-commerce. Leveraging its search technology, Koudai plans to become a shopping traffic gateway on the mobile Internet. Its business model centers on matching shopping interest with merchants and charging lead generation or possibly transaction commissions. The company has launched Weidian, a mobile commerce platform which enables vendors to open stores and promote products through social channels.
Expert Collections containing Koudai
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Koudai is included in 2 Expert Collections, including E-Commerce.
Companies that sell goods online (B2C), or enable the selling of goods online via tech solutions (B2B).
Unicorns- Billion Dollar Startups
Latest Koudai News
Oct 24, 2014
The Chinese e-commerce company will use this massive investment to expand its user base Image credit: koudai.com Chinese e-commerce company Koudai Gouwu – or Pocket Shopping in English — quietly revealed in a posting to its Weibo account yesterday that it had raised US$350 million in series C funding led by Tencent, one of Alibaba’s biggest competitors in the online retail space. Kuodai had originally raised an undisclosed amount in a 2010 seed round from Xiaomi Founder Lei Jun, followed by US$12 million in Series A investment from Jingwei Investments in 2011. Warburg Pincus invested an undisclosed amount in Series B round in 2012, with Matrix Partners China also investing the same year a speculated US$6 million. Also Read: Are we witnessing the rise and rise of Tencent? CrunchBase has more background on the company: Koudai Gouwu is a mobile-focussed shopping marketplace, headquartered in Beijing, that lets merchants sell direct to buyers and integrates with WeChat. Founded in 2011, Koudai sees 83 million unique visitors per month, primarily on mobile. It will use the recent funding to expand its user base, looking to capitalise on WeChat’s 438 million monthly active users. Koudai’s Founder and CEO is Ke Wang, and its Director is Julian Cheng. Sharing
Koudai Frequently Asked Questions (FAQ)
When was Koudai founded?
Koudai was founded in 2010.
Where is Koudai's headquarters?
Koudai's headquarters is located at 1st Floor, Block B, Xingke Building, Beijing.
What is Koudai's latest funding round?
Koudai's latest funding round is Series C.
How much did Koudai raise?
Koudai raised a total of $362M.
Who are the investors of Koudai?
Investors of Koudai include DST Global, Tencent, New Enterprise Associates, Tiger Global Management, VY Capital and 8 more.
Who are Koudai's competitors?
Competitors of Koudai include Poshmark and 3 more.
Compare Koudai to Competitors
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