Jiuxian Valuation, Funding & Investors

Jiuxian is valued at $1B as of July 2015.

Last Jiuxian valuation

$1B

Series G · Jul 2015

Last Jiuxian funding round

$81M

Series G · Jul 2015

Cumulative funding Jiuxian raised

$198M

across 4 funding rounds

Key investors in Jiuxian

Jiuxian Overview

About Jiuxian

Jiuxian is a Beijing-headquartered e-commerce platform founded in 2009 specializing in online sales of imported and Chinese wines plus liquors. The company maintains a vast inventory from regions like Bordeaux, Tuscany, Barossa Valley, and domestic distilleries such as Moutai, with nationwide delivery and after-sales support. Listed on the Shenzhen Stock Exchange, it dominates China's online alcohol market.


Founded

2009

HQ

ChinaBeijing

Status

Privately held

Customer focus

B2C

Revenue model

Product sales

Valuation

$1B (Jul 2015)

Jiuxian Valuation

Jiuxian is currently valued at $1B, based on its Series G in July 2015.

Jiuxian's valuation has grown 3.2x from $328M at its Series D in November 2013 to $1B in July 2015, across 2 priced rounds.

Jiuxian valuation by funding round

Jiuxian valuation by funding round
DateStageValuation
Jul 2015Series G$1B
Nov 2013Series D$328M

Jiuxian Funding History

Jiuxian has raised a total of $198M across 4 funding rounds.

Jiuxian's first fundraising round was a $27M Series D in November 2013. The most recent completed round was a $81M Series G in July 2015.

Jiuxian funding rounds

Jiuxian funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jul 2015Series G-$81M$1BJiuxian is a Beijing-based e-commerce company specializing in alcoholic beverages. It raised $80M (RMB500 million) in its Series G funding round on July 30, 2015, as its seventh round overall, bringing total funding to $249.21M across seven rounds. Jiuxian operated in China's competitive e-commerce market for alcohol, achieving unicorn status recognition around 2015 amid a wave of Chinese internet and marketplace startups.
Aug 2014Series FShanghai Pudong Development Bank; Sequoia Capital; China Minsheng Bank; China Merchants Bank$49M--
Apr 2014Series EHSG (lead); Oriental Fortune Capital; Rich Land Capital$42M--
Nov 2013Series D-$27M$328M-

Who has invested in Jiuxian?

7 investors have backed Jiuxian across its funding rounds, including Sequoia Capital, HSG, Oriental Fortune Capital, China Merchants Bank, Rich Land Capital and China Minsheng Bank.

Lead investors include HSG.


Jiuxian Investors

Investors in Jiuxian by funding rounds participated
InvestorHQRoundsRoleFirst check
Oriental Fortune CapitalChinaShenzhen1ParticipantApr 2014
Shanghai Pudong Development BankChinaShanghai1ParticipantAug 2014
Sequoia CapitalUnited StatesSan Francisco, CA1ParticipantAug 2014
China Minsheng BankChinaBeijing1ParticipantAug 2014
China Merchants BankChinaShenzhen1ParticipantAug 2014

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Jiuxian Competitors

Jiuxian competitors include listed companies like Moonpig Group and GoodRx, and private ones like Flip, FabFitFun, NOME and BeiBei.

Public and private companies comparable to Jiuxian
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
FlipUnited StatesLos Angeles, CAPrivate--$1.1B-
Moonpig GroupUnited KingdomUnited KingdomPublicly listed$501M$140M$1B2.3x
FabFitFunUnited StatesLos Angeles, CAPrivate$200M-$1B5.0x
NOMEChinaGuangzhouPrivate--$1.1B-
BeiBeiChinaHangzhouPrivate--$1B-
GoodRxUnited StatesUnited StatesPublicly listed$797M$173M$1.2B1.8x

Jiuxian Public Comps

Jiuxian is still privately-owned, but its public comps include Moonpig Group, Hepsiburada, Cerveceria San Juan, GoodRx, Tuborg, Tuhu Car, Brainbees Solutions, Boozt, Bxn Holding and CEWE Group.

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
Cerveceria San Juan$84M$14M13.6x-82.4x-
GoodRx$797M$173M1.8x1.8x8.1x5.5x
Tuborg$841M$192M1.0x-4.4x-
Tuhu Car$2.5B$84M0.3x0.2x7.6x7.8x
Brainbees Solutions$866M$29M1.1x1.0x31.8x23.1x
Boozt$845M$71M1.1x1.0x13.0x10.3x

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Common questions about Jiuxian

When was Jiuxian founded?Jiuxian was founded in 2009.
Where is Jiuxian headquartered?Jiuxian is headquartered in Beijing, China.
Is Jiuxian publicly listed?No, Jiuxian is a private, VC-backed company.
What is Jiuxian's valuation?Jiuxian was last valued at $1B in its Series G in July 2015.
How much funding has Jiuxian raised?Jiuxian has raised $198M across 4 funding rounds.
What was Jiuxian's last funding round?Jiuxian's last funding round was a $81M Series G in July 2015.
Who are Jiuxian's investors?Jiuxian's investors include Oriental Fortune Capital, Shanghai Pudong Development Bank, Sequoia Capital, China Minsheng Bank, China Merchants Bank, Rich Land Capital and HSG.
Which companies are comparable to Jiuxian?Companies comparable to Jiuxian include Flip, Moonpig Group, FabFitFun, NOME, BeiBei and GoodRx.

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