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Zhuan Zhuan

zhuanzhuan.com

Founded Year

2015

Stage

Series D | Alive

Total Raised

$990M

Last Raised

$100M | 1 yr ago

About Zhuan Zhuan

Zhuan Zhuan is a consumer-to-consumer (C2C) online used goods trading platform where users sell secondhand goods as well as make purchases from other sellers.

Headquarters Location

Building 105, 10th Floor Jiuxianqiao North Road

Beijing, Beijing, 100015,

China

+86 010-59565858

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Expert Collections containing Zhuan Zhuan

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Zhuan Zhuan is included in 2 Expert Collections, including E-Commerce.

E

E-Commerce

9,879 items

U

Unicorns- Billion Dollar Startups

1,201 items

Latest Zhuan Zhuan News

China’s $3 Billion Used-Goods Platform Zhuanzhuan Seeks Pre-IPO Funding

Jul 6, 2021

Share By Chantal Fernandez July 6, 2021 17:24 China’s online classified marketplace 58.com Inc. in 2015 founded ZhuanZhuan, which has since raised about $800 million in three rounds of funding. Shutterstock Share By Chantal Fernandez July 6, 2021 17:24 Beijing Zhuanzhuan Spirit Technology Co., an online second-hand marketplace backed by Tencent Holdings Ltd., is considering raising about $400 million in a new funding round before an initial public offering, according to people familiar with the matter. The company, currently valued at $3 billion, is gauging interest from private equity and strategic investors for the fundraising, the people said, asking not to be named as the matter is private. Zhuanzhuan, which means “pass on” in Chinese, is exploring an IPO as soon as next year and the US is among listing venues under consideration, the people said. The plan comes as China started a cybersecurity review of online platforms following an order to remove Didi Global Inc.’s app from Chinese app stores. China’s online classified marketplace 58.com Inc. in 2015 founded ZhuanZhuan, which has since raised about $800 million in three rounds of funding. The startup in June raised another $100 million in a round led by Xiaomi Inc. Deliberations are ongoing and details on the company’s fundraising plans could still change, the people said. A representative from Zhuanzhuan said the startup doesn’t have any relevant plan without elaboration. Chinese consumers are increasingly embracing second-hand goods from clothing and electronics to luxurious handbags and cars. JD.com Inc.-backed Aihuishou International Co., which operates a platform that facilities recycling and trade-in of electronic products, raised about $227 million from a U.S. IPO last month. In other news

Zhuan Zhuan Web Traffic

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Zhuan Zhuan Rank

Zhuan Zhuan Frequently Asked Questions (FAQ)

  • When was Zhuan Zhuan founded?

    Zhuan Zhuan was founded in 2015.

  • Where is Zhuan Zhuan's headquarters?

    Zhuan Zhuan's headquarters is located at Building 105, 10th Floor, Beijing.

  • What is Zhuan Zhuan's latest funding round?

    Zhuan Zhuan's latest funding round is Series D.

  • How much did Zhuan Zhuan raise?

    Zhuan Zhuan raised a total of $990M.

  • Who are the investors of Zhuan Zhuan?

    Investors of Zhuan Zhuan include Shunwei Capital Partners, Xiaomi, Advantech Capital, Greater Bay Area Homeland Investments, Qingyue Fund and 4 more.

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