- Companies
- Googut Wine & Spirits
Googut Wine & Spirits Valuation, Funding & Investors
Googut Wine & Spirits is valued at $895M as of March 2019.
Last Googut Wine & Spirits valuation
$895M
Undisclosed stage · Mar 2019
Last Googut Wine & Spirits funding round
$149M
Undisclosed stage · Mar 2019
Cumulative funding Googut Wine & Spirits raised
$149M
across 1 funding round
Key investors in Googut Wine & Spirits
Googut Wine & Spirits Overview
About Googut Wine & Spirits
Googut Wine & Spirits is a Shanghai-based distributor of imported wines, spirits, and craft beverages across China. Established as a joint-stock enterprise, it sources products from France, Italy, Australia, and the United States while pursuing mergers with domestic producers and investments in retail outlets. The firm operates e-commerce platforms and physical stores in major cities, emphasizing premium labels in Bordeaux reds and Scotch whiskies.
Founded
2012
HQ
Website
Status
Privately held
Customer focus
B2B & B2C
Revenue model
Product sales
Valuation
$895M (Mar 2019)
Googut Wine & Spirits Valuation
Googut Wine & Spirits is currently valued at $895M, based on its undisclosed-stage round in March 2019.
The $149M round was led by China Everbright.
Googut Wine & Spirits valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Mar 2019 | Undisclosed stage | $895M |
Googut Wine & Spirits Funding History
Googut Wine & Spirits has raised a total of $149M across 1 funding round.
Googut Wine & Spirits funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Mar 2019 | Undisclosed stage | China Everbright (lead) | $149M | $895M | Googut Wine & Spirits is a leading old wine operator and new retail dealer in China, building a diversified ecosystem linking brand dealers, distributors, and stores based on old wine culture. It has branches and warehouses in major cities, strong industry resources, products, and distribution channels, with a solid reputation in the domestic old wine market featuring sufficient inventory and large sales volume. In March 2019, it released the first authoritative 'China Old Wine Market Index' with China Alcoholic Drinks Association and maintains long-term relationships as a first-class distributor for Maotai and Wuliangye, plus national operator for brands like Lai Mao, Shui Jingfang, Lang Jiu, Xijinggong, Xifeng, Huanghe Lou, and Guotai, including customized products. On March 19, 2019, China Everbright Limited’s RMB Mezzanine Fund completed an investment in Googut Wine & Spirits to support its expansion in the trillion-yuan liquor retail market via new retail strategies. The round raised $149 million (1.48億美元) led by Everbright Securities/Everbright, marking the company's first equity funding round to date. Googut has been involved in later activities like spending CNY 600 million (US$84.2 million) to acquire YesMyWine, highlighting its prominence in the wine e-commerce space. |
Who has invested in Googut Wine & Spirits?
1 investor has backed Googut Wine & Spirits across its funding rounds, including China Everbright.
Lead investors include China Everbright.
Googut Wine & Spirits Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 Googut Wine & Spirits investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by Googut Wine & Spirits
Googut Wine & Spirits has acquired 1 company to date.
Last acquisition by Googut Wine & Spirits was on May 28th 2015. Googut Wine & Spirits acquired Yesmywine for $140M.
Latest Acquisitions by Googut Wine & Spirits
| Description | Yesmywine is a Beijing-headquartered online marketplace for imported grape wines operating since November 2008 as a subsidiary of Shanghai Moushi Trading Co., Ltd. The platform offers selections from France, Italy, and Chile with features for tasting notes, reviews, and virtual events. Yesmywine connects Chinese consumers to global vineyards through its app and website. |
| HQ Country | |
| HQ City | Shanghai |
| Deal Date | 28 May 2015 |
| Valuation | $140M |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Googut Wine & Spirits acquisitions and their M&A valuation multiples. Start Free Trial | |
Googut Wine & Spirits Competitors
Googut Wine & Spirits competitors include listed companies like Almunajem Foods, Tuborg, Neuca and Quest Holdings, and private ones like The Sanmar Group and Athletic Brewing.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $891M | $65M | $910M | 1.2x | ||
| Publicly listed | $841M | $192M | $879M | - | ||
| Publicly listed | $3.6B | $97M | $923M | 0.3x | ||
| Publicly listed | $1.7B | $113M | $926M | 0.5x | ||
| Private | - | - | $1B | - | ||
| Private | $90M | - | $800M | 8.9x |
Googut Wine & Spirits Public Comps
Googut Wine & Spirits is still privately-owned, but its public comps include Almunajem Foods, Tuborg, Neuca, Quest Holdings, Transcat, Al Majed Oud, Acomo, Olvi, Hitejinro and Ghitha Holding.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $891M | $65M | 1.2x | 1.2x | 16.1x | 18.3x | |||
| $841M | $192M | 1.0x | - | 4.4x | - | |||
| $3.6B | $97M | 0.3x | 0.3x | 10.9x | 9.4x | |||
| $1.7B | $113M | 0.6x | 0.5x | 8.3x | 7.8x | |||
| $332M | $39M | 2.8x | 2.7x | 24.1x | 18.1x | |||
| $294M | $99M | 2.6x | - | 7.8x | - | |||
| $1.7B | $147M | 0.7x | 0.7x | 8.3x | 8.7x | |||
| $766M | $125M | 1.1x | 1.0x | 6.9x | 6.3x | |||
This data is available for Pro users. Sign up to see all Googut Wine & Spirits competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Googut Wine & Spirits
| When was Googut Wine & Spirits founded? | Googut Wine & Spirits was founded in 2012. |
| Where is Googut Wine & Spirits headquartered? | Googut Wine & Spirits is headquartered in Beijing, China. |
| Is Googut Wine & Spirits publicly listed? | No, Googut Wine & Spirits is a private, VC-backed company. |
| What is Googut Wine & Spirits' valuation? | Googut Wine & Spirits was last valued at $895M in its undisclosed-stage round in March 2019. |
| How much funding has Googut Wine & Spirits raised? | Googut Wine & Spirits has raised $149M across 1 funding round. |
| What was Googut Wine & Spirits' last funding round? | Googut Wine & Spirits' last funding round was a $149M undisclosed-stage round in March 2019, led by China Everbright. |
| Who are Googut Wine & Spirits' investors? | Googut Wine & Spirits' investors include China Everbright. |
| Which companies are comparable to Googut Wine & Spirits? | Companies comparable to Googut Wine & Spirits include Almunajem Foods, Tuborg, Neuca, Quest Holdings, The Sanmar Group and Athletic Brewing. |
| How many companies has Googut Wine & Spirits acquired? | Googut Wine & Spirits has acquired 1 company, including Yesmywine. |
| What was the largest acquisition by Googut Wine & Spirits? | The $140M acquisition of Yesmywine in May 2015 is the largest acquisition Googut Wine & Spirits has made to date. |
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