BeiBei Valuation, Funding & Investors

BeiBei is valued at $1B as of June 2016.

Last BeiBei valuation

$1B

Series D · Jun 2016

Last BeiBei funding round

$100M

Series D · Jun 2016

Cumulative funding BeiBei raised

$224M

across 3 funding rounds

Key investors in BeiBei

  • Gaorong Capital
  • IDG Capital
  • Capital Today
  • New Horizon Capital
  • Banyan Capital Partners
  • Northern Light Venture Capital

BeiBei Overview

About BeiBei

Beibei is a Chinese e-commerce platform dedicated to maternal and infant products. The site offers daily discounts on children's clothing, shoes, toys, and supplies targeting parents and families.


Founded

2011

HQ

ChinaHangzhou

Website

beibei.com

Status

Privately held

Customer focus

B2C

Revenue model

Product sales

Valuation

$1B (Jun 2016)

BeiBei Valuation

BeiBei is currently valued at $1B, based on its Series D in June 2016.

The $100M round was led by New Horizon Capital and Northern Light Venture Capital, with participation from Gaorong Capital and Capital Today.

BeiBei's valuation has grown 1.1x from $900M at its Series C in January 2015 to $1B in June 2016, across 2 priced rounds.

BeiBei valuation by funding round

BeiBei valuation by funding round
DateStageValuation
Jun 2016Series D$1B
Jan 2015Series C$900M

BeiBei Funding History

BeiBei has raised a total of $224M across 3 funding rounds.

BeiBei's first fundraising round was a $24M Series B in August 2014. The most recent completed round was a $100M Series D in June 2016.

BeiBei funding rounds

BeiBei funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jun 2016Series DNew Horizon Capital (lead); Northern Light Venture Capital (lead); Gaorong Capital; Capital Today$100M$1BBeiBei, a Chinese e-commerce company focused on Asia, raised a US$100 million funding round in June 2016 led by New Horizon Capital and Northern Light Venture Capital, with participation from Capital Today and Gaorong Capital. The announcement was reported on June 22, 2016, by Asian Venture Capital Journal via Global Private Capital, confirming the investors and round size matching the query details. BeiBei achieved unicorn status with a billion-dollar valuation by early 2015, as noted in a KPMG Venture Pulse report analyzing Q2 2015 global venture funding trends, placing it alongside companies like Lyft and Domo Technologies that reached such milestones that year.
Jan 2015Series CCapital Today (lead); New Horizon Capital (lead); IDG Capital; Gaorong Capital; Banyan Capital Partners$100M$900MBeiBei's Series C valued the company at $1B, marking it as a unicorn startup at that time, amid a period when such valuations were notable in China's tech ecosystem. Subsequent Series D in June 2016 raised $100M from Capital Today, Gaorong Capital, New Horizon Capital, and Northern Light Venture Capital, indicating continued investor confidence. BeiBei raised funds across at least four rounds by 2016, with six total investors, positioning it among high-profile Chinese ventures during the mid-2010s funding boom.
Aug 2014Series BMizhe.com (lead); IDG Capital; Gaorong Capital; Banyan Capital Partners$24M-BeiBei is a China-based e-commerce platform focused on selling children’s brands. It raised $24.3 million in a Series A funding round around August 18, 2014, from investors including IDG Capital, Banyan Capital Partners, and its parent company Husor E-Business (also known as Mizhe.com), with Mizhe.com as the lead. Later rounds include Series D $100M in June 2016 with Capital Today, Gaorong Capital, New Horizon Capital, and Northern Light Venture Capital.

Who has invested in BeiBei?

7 investors have backed BeiBei across its funding rounds, including Gaorong Capital, IDG Capital, Capital Today, New Horizon Capital, Banyan Capital Partners and Northern Light Venture Capital.

Lead investors include New Horizon Capital, Northern Light Venture Capital, Capital Today and Mizhe.com.


BeiBei Investors

Investors in BeiBei by funding rounds participated
InvestorHQRoundsRoleFirst check
Gaorong CapitalChinaBeijing3ParticipantAug 2014
IDG CapitalChinaBeijing2ParticipantAug 2014
Capital TodayChinaShanghai2LeadJan 2015
New Horizon CapitalJapanTokyo2LeadJan 2015
Banyan Capital PartnersCanadaVancouver2ParticipantAug 2014

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Investments by BeiBei

BeiBei has invested in 1 company to date.

Latest investment by BeiBei was on December 8th 2014. BeiBei invested in Haimi in their $2M Angel round.


Latest Investments by BeiBei

Haimi
Description
Haimi is a mobile app-based cross-border e-commerce marketplace operating in China, offering products in fashion, mother-and-baby care, cosmetics, electronics, and home goods. The platform enforces strict seller verification processes including business license checks and quality audits before onboarding suppliers.
HQ CountryChina
HQ City
Hangzhou
Deal Date8 Dec 2014
RoundAngel
Raised$2M
InvestorsYuanbaopu
Valuationundisclosed
EV/Revenue
EV/EBITDA

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BeiBei Competitors

BeiBei competitors include listed companies like Brainbees Solutions and Moonpig Group, and private ones like Bobbie, Babycare, Cider and KKW Beauty.

Public and private companies comparable to BeiBei
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Brainbees SolutionsIndiaIndiaPublicly listed$866M$29M$856M1.0x
BobbieUnited StatesSan Francisco, CAPrivate$165M-$570M3.5x
BabycareChinaShanghaiPrivate--$426M-
CiderHong KongHong KongPrivate--$1B-
KKW BeautyUnited StatesLos Angeles, CAPrivate$100M-$1B10.0x
Moonpig GroupUnited KingdomUnited KingdomPublicly listed$501M$140M$1B2.3x

BeiBei Public Comps

BeiBei is still privately-owned, but its public comps include Moonpig Group, Hepsiburada, Chicmax Cosmetic, Brainbees Solutions, Boozt, GoodRx, Bxn Holding, CEWE Group, Rastar Group and Apotea.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Moonpig Group$501M$140M2.3x2.3x8.2x8.2x
Hepsiburada$1.7B($51M)0.5x0.3x(15.8x)28.7x
Chicmax Cosmetic$1.4B$235M0.8x0.8x4.5x7.3x
Brainbees Solutions$866M$29M1.1x1.0x31.8x23.1x
Boozt$845M$71M1.1x1.0x13.0x10.3x
GoodRx$797M$173M1.8x1.8x8.1x5.5x
Bxn Holding$771M$100M0.8x0.8x6.4x6.0x
CEWE Group$1B$160M0.8x0.9x5.3x5.3x

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Common questions about BeiBei

When was BeiBei founded?BeiBei was founded in 2011.
Where is BeiBei headquartered?BeiBei is headquartered in Hangzhou, China.
Is BeiBei publicly listed?No, BeiBei is a private, VC-backed company.
What is BeiBei's valuation?BeiBei was last valued at $1B in its Series D in June 2016.
How much funding has BeiBei raised?BeiBei has raised $224M across 3 funding rounds.
What was BeiBei's last funding round?BeiBei's last funding round was a $100M Series D in June 2016, led by New Horizon Capital and Northern Light Venture Capital.
Who are BeiBei's investors?BeiBei's investors include Gaorong Capital, IDG Capital, Capital Today, New Horizon Capital, Banyan Capital Partners, Northern Light Venture Capital and Mizhe.com.
Which companies are comparable to BeiBei?Companies comparable to BeiBei include Brainbees Solutions, Bobbie, Babycare, Cider, KKW Beauty and Moonpig Group.
How many companies has BeiBei invested in?BeiBei has invested in 1 company, including Haimi.
What was BeiBei's last investment?In December 2014, BeiBei invested in Haimi's $2M angel round alongside Yuanbaopu.

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