Global Scanner Funding, Investors & Competitors

Global Scanner has raised $175M across 3 funding rounds, most recently a $52M undisclosed-stage round in June 2019.

Last Global Scanner funding round

$52M

Undisclosed stage · Jun 2019

Cumulative funding Global Scanner raised

$175M

across 3 funding rounds

Key investors in Global Scanner

  • GGV Capital
  • GF Xinde Investment Management
  • ZhenFund
  • Shunwei Capital
  • SIG China (SIG Asia Investments)
  • Vertex Ventures China
  • Ping An Ventures
  • ZWC Partners

Global Scanner Overview

About Global Scanner

Global Scanner is a Shanghai-based social e-commerce platform connecting middle-class consumers in China with suppliers via mobile scanning and group buying features. Users scan products for deals and earn commissions through referrals. Launched in 2014, it operates WeChat mini-programs reaching millions of daily active users in tier-2 and tier-3 cities.


Founded

2015

HQ

ChinaHangzhou

Status

Privately held

Customer focus

B2C

Revenue model

Commission

Global Scanner Funding History

Global Scanner has raised a total of $175M across 3 funding rounds.

Global Scanner's first fundraising round was a $15M Series A in October 2016. The most recent completed round was a $52M undisclosed-stage round in June 2019.

Global Scanner funding rounds

Global Scanner funding rounds
DateStageInvestorsRaisedDeal Summary
Jun 2019Undisclosed stageGGV Capital$52MGGV has backed over 200 companies, with more than 56 unicorns, and focuses on cross-border investments in emerging markets and technology-driven opportunities.
Nov 2018Series AGGV Capital (lead); ZhenFund; Zhejiang University Youchuang; ZWC Partners; Shunwei Capital; Vertex Ventures China; SIG China (SIG Asia Investments); GF Xinde Investment Management; Ping An Ventures$108M-
Oct 2016Series AGF Xinde Investment Management (lead)$15M-

Who has invested in Global Scanner?

9 investors have backed Global Scanner across its funding rounds, including GGV Capital, GF Xinde Investment Management, ZhenFund, Shunwei Capital, SIG China (SIG Asia Investments) and Vertex Ventures China.

Lead investors include GGV Capital and GF Xinde Investment Management.


Global Scanner Investors

Investors in Global Scanner by funding rounds participated
InvestorHQRoundsRoleFirst check
GGV CapitalUnited StatesSan Francisco, CA2LeadNov 2018
GF Xinde Investment ManagementChinaChina2LeadOct 2016
ZhenFundChinaBeijing1ParticipantNov 2018
Zhejiang University YouchuangChinaHangzhou1ParticipantNov 2018
ZWC PartnersHong KongHong Kong1ParticipantNov 2018
Shunwei CapitalChinaBeijing1ParticipantNov 2018
Vertex Ventures ChinaChinaBeijing1ParticipantNov 2018

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Global Scanner Competitors

Global Scanner competitors include listed companies like Kakaku.com, People, Ziff Davis and Amazon, and private ones like Whop and Whatnot.

Public and private companies comparable to Global Scanner
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Kakaku.comJapanJapanPublicly listed$605M$175M$4.8B7.0x
PeopleUnited StatesUnited StatesPublicly listed$2.4B$122M$2.8B1.6x
Ziff DavisUnited StatesUnited StatesPublicly listed$1.5B$335M$2B1.0x
WhopUnited StatesNew York City, NYPrivate$142M-$1.6B11.3x
AmazonUnited StatesUnited StatesPublicly listed$717B$161B$2.7T3.5x
WhatnotUnited StatesSan Francisco, CAPrivate$1B-$20B20.0x

Global Scanner Public Comps

Global Scanner is still privately-owned, but its public comps include Amazon, Alibaba Group, Recruit Holdings, Uber, Pinduoduo, MercadoLibre, Prosus, DoorDash, Carvana and Sea.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Amazon$717B$161B3.9x3.5x17.5x13.8x
Alibaba Group$153B$15B1.7x1.6x17.5x13.0x
Recruit Holdings$24B$4B6.4x6.0x37.9x25.2x
Uber$52B$6.2B3.0x2.8x24.9x14.6x
Pinduoduo$64B$14B0.7x0.7x3.1x2.8x
MercadoLibre$29B$3.7B3.5x2.6x27.2x25.1x
Prosus$9.7B$1.1B9.1x8.0x83.8x123.7x
DoorDash$14B$1.5B6.0x4.9x55.8x23.7x

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Common questions about Global Scanner

When was Global Scanner founded?Global Scanner was founded in 2015.
Where is Global Scanner headquartered?Global Scanner is headquartered in Hangzhou, China.
Is Global Scanner publicly listed?No, Global Scanner is a private, VC-backed company.
How much funding has Global Scanner raised?Global Scanner has raised $175M across 3 funding rounds.
What was Global Scanner's last funding round?Global Scanner's last funding round was a $52M undisclosed-stage round in June 2019.
Who are Global Scanner's investors?Global Scanner's investors include GGV Capital, GF Xinde Investment Management, ZhenFund, Zhejiang University Youchuang, ZWC Partners, Shunwei Capital, Vertex Ventures China, SIG China (SIG Asia Investments) and Ping An Ventures.
Which companies are comparable to Global Scanner?Companies comparable to Global Scanner include Kakaku.com, People, Ziff Davis, Whop, Amazon and Whatnot.

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