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- 51zhaoyou.com
51zhaoyou.com Funding, Investors & Competitors
51zhaoyou.com has raised $200M across 3 funding rounds, most recently a $150M Series C in August 2018.
Last 51zhaoyou.com funding round
$150M
Series C · Aug 2018
Cumulative funding 51zhaoyou.com raised
$200M
across 3 funding rounds
Key investors in 51zhaoyou.com
Yunqi Partners
Sky9 Capital
DCM Ventures
GGV Capital
SIG China (SIG Asia Investments)
GLP
Oceanpine Capital
Huochebang
51zhaoyou.com Overview
About 51zhaoyou.com
51zhaoyou.com is a B2B e-commerce platform for China's petroleum sector, offering fuel trading, logistics, and financial services to major logistics companies and industry participants.
Founded
2015
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Commission
51zhaoyou.com Funding History
51zhaoyou.com has raised a total of $200M across 3 funding rounds.
51zhaoyou.com's first fundraising round was a $18M Series A in January 2017. The most recent completed round was a $150M Series C in August 2018.
51zhaoyou.com funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Aug 2018 | Series C | GLP (lead); Rainbow Capital (lead); Sky9 Capital; Yunqi Partners; Tide Capital; GGV Capital; Oceanpine Capital; SIG China (SIG Asia Investments); DCM Ventures | $150M | - |
| Aug 2017 | Series B | DCM Ventures (lead); Huochebang; Sky9 Capital; Yunqi Partners; GGV Capital | $32M | 51zhaoyou.com is a China-based B2B e-commerce platform specializing in petroleum product trading, specifically dealing in diesel, gasoline, and kerosene. The platform operated as an online information and transaction marketplace for oil and petroleum-related products. In August 2017, the company raised $31.8 million in Series B funding led by DCM Ventures. The round included participation from multiple prominent investors including SIG, GGV Capital, Yunqi Partners, Huochebang (an Uber-like truck logistics startup), Sky9 Capital, and Chuangban Investment. The round took place approximately two years after the company's founding, positioning it as an established player in the Chinese petroleum e-commerce sector. However, specific financial metrics including post-money valuation, revenue, and EBITDA were not disclosed in available public sources. |
| Jan 2017 | Series A | Sky9 Capital (lead); Yunqi Partners; SIG China (SIG Asia Investments) | $18M | 51zhaoyou.com is a B2B petroleum trading platform founded in 2015, offering diesel, gasoline, and kerosene, with services including petroleum trading, logistics, and financial services. The company operates in more than 50 cities across China and had over 300 employees as of 2018. In August 2017, 51zhaoyou.com raised $31.8 million to $32 million in a Series B round led by DCM Ventures, with participation from SIG Asia Investments (Susquehanna Asia Investments), Sky9 Capital, Yunqi Partners, GGV Capital, ChuangPal Capital (Chuangban), and Huochebang. Sky9 Capital was an existing investor from prior rounds. The company recorded revenue of $704 million (RMB4.8 billion) in 2017. It had previously raised an $8 million round in April 2017 from GGV and Chuangban, a $10 million Series A+ in 2016 from Sky9, Yunqi, and SIG, and a $3 million Series A led by SIG. In 2018, it raised a $150 million Series C led by Rainbow Capital and GLP, with participation from Oceanpine Capital, Tide Capital, and existing investors. |
Who has invested in 51zhaoyou.com?
10 investors have backed 51zhaoyou.com across its funding rounds, including Yunqi Partners, Sky9 Capital, DCM Ventures, GGV Capital, SIG China (SIG Asia Investments) and GLP.
Lead investors include GLP, Rainbow Capital, DCM Ventures and Sky9 Capital.
51zhaoyou.com Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Lead | Jan 2017 | ||
| 3 | Participant | Jan 2017 | ||
| 2 | Participant | Aug 2017 | ||
| 2 | Participant | Jan 2017 | ||
| 2 | Lead | Aug 2017 | ||
| 1 | Participant | Aug 2017 | ||
| 1 | Lead | Aug 2018 | ||
| 1 | Participant | Aug 2018 | ||
This data is available for Pro users. Sign up to see all 10 51zhaoyou.com investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialInvestments by 51zhaoyou.com
51zhaoyou.com has invested in 1 company to date.
Latest investment by 51zhaoyou.com was on February 9th 2018. 51zhaoyou.com invested in Haogongpin in their $15M Series A round.
Latest Investments by 51zhaoyou.com
| Description | Haogongpin is a B2B e-commerce platform in China specializing in standard mechanical parts such as fasteners and components. The company streamlines procurement by integrating product research and development, selection tools, process design, assembly instructions, manufacturing, sales, and on-site technical support. Headquartered in Shanghai, Haogongpin serves manufacturing industries including automotive and electronics assembly. Its platform facilitates direct ordering and delivery to reduce supply chain barriers for engineers and procurement teams. |
| HQ Country | |
| HQ City | Hangzhou |
| Deal Date | 9 Feb 2018 |
| Round | Series A |
| Raised | $15M |
| Investors | DHVC; Zhaogang.com |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all 51zhaoyou.com investments and their VC round multiples. Start Free Trial | |
51zhaoyou.com Competitors
51zhaoyou.com competitors include listed companies like Copart and Aramco, and private ones like OfBusiness, Zetwerk, Inxeption and Jusda.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $2.1B | - | $4B | 1.9x | ||
| Private | $102M | $20M | $3.1B | - | ||
| Private | $300M | - | $3B | 10.0x | ||
| Private | - | - | $2.5B | - | ||
| Publicly listed | $4.6B | $1.9B | $27B | 4.9x | ||
| Publicly listed | $446B | $213B | $1.6T | 3.7x |
51zhaoyou.com Public Comps
51zhaoyou.com is still privately-owned, but its public comps include Aramco, ExxonMobil, Chevron, PetroChina, Shell, TotalEnergies, Reliance Industries, ConocoPhillips, Recruit Holdings and CNOOC.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $446B | $213B | 3.9x | 3.7x | 8.2x | 7.1x | |||
| $324B | $68B | 2.2x | 1.8x | 10.5x | 8.0x | |||
| $184B | $41B | 2.4x | 2.0x | 10.8x | 7.2x | |||
| $427B | $70B | 0.8x | 0.7x | 4.7x | 4.4x | |||
| $267B | $55B | 1.2x | 1.0x | 5.8x | 4.5x | |||
| $182B | $38B | 1.3x | 1.2x | 6.3x | 5.0x | |||
| $110B | $20B | 1.9x | 1.7x | 10.4x | 10.3x | |||
| $59B | $25B | 3.0x | 2.6x | 7.0x | 5.8x | |||
This data is available for Pro users. Sign up to see all 51zhaoyou.com competitors and their valuation data. Start Free Trial | ||||||||
Common questions about 51zhaoyou.com
| When was 51zhaoyou.com founded? | 51zhaoyou.com was founded in 2015. |
| Where is 51zhaoyou.com headquartered? | 51zhaoyou.com is headquartered in China. |
| Is 51zhaoyou.com publicly listed? | No, 51zhaoyou.com is a private, VC-backed company. |
| How much funding has 51zhaoyou.com raised? | 51zhaoyou.com has raised $200M across 3 funding rounds. |
| What was 51zhaoyou.com's last funding round? | 51zhaoyou.com's last funding round was a $150M Series C in August 2018, led by GLP and Rainbow Capital. |
| Who are 51zhaoyou.com's investors? | 51zhaoyou.com's investors include Sky9 Capital, Yunqi Partners, GGV Capital, SIG China (SIG Asia Investments), DCM Ventures, Huochebang, GLP, Tide Capital, Oceanpine Capital and Rainbow Capital. |
| Which companies are comparable to 51zhaoyou.com? | Companies comparable to 51zhaoyou.com include OfBusiness, Zetwerk, Inxeption, Jusda, Copart and Aramco. |
| How many companies has 51zhaoyou.com invested in? | 51zhaoyou.com has invested in 1 company, including Haogongpin. |
| What was 51zhaoyou.com's last investment? | In February 2018, 51zhaoyou.com invested in Haogongpin's $15M Series A alongside DHVC and Zhaogang.com. |
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