Tuduoduo Valuation, Funding & Investors

Tuduoduo is valued at $2.3B as of December 2025.

Last Tuduoduo valuation

$2.3B

Series B · Dec 2025

Last Tuduoduo funding round

$10M

Series B · Dec 2025

Cumulative funding Tuduoduo raised

$58M

across 2 funding rounds

Key investors in Tuduoduo

  • Shanda Capital
  • Tsing Ventures
  • Huaguan Biotechnology
  • Jinan Luhu Interconnect Equity Investment Partnership
  • Liuzhou Dongchuang Youpao Fund
  • Shuike Rongshang

Tuduoduo Overview

About Tuduoduo

Tuduoduo is a Hangzhou-based B2B e-commerce platform specializing in raw materials and industrial products for manufacturing sectors. Launched in 2018, it integrates digital supply chain management, IoT-enabled procurement, and big data analytics to connect over 1 million suppliers with buyers in chemicals, metals, textiles, and machinery categories. The platform operates across China with logistics hubs in Shanghai and Shenzhen, offering blockchain-verified transactions and intelligent manufacturing tools for SMEs.


Founded

2014

HQ

ChinaBeijing

Status

Privately held

Customer focus

B2B

Revenue model

Commission

Valuation

$2.3B (Dec 2025)

Tuduoduo Valuation

Tuduoduo is currently valued at $2.3B, based on its Series B in December 2025.

The $10M round was led by Liuzhou Dongchuang Youpao Fund and Shanda Capital, with participation from Wuhan Changjiang Hongxin Investment Fund Partnership and Jinan Luhu Interconnect Equity Investment Partnership.

Tuduoduo valuation by funding round

Tuduoduo valuation by funding round
DateStageValuation
Dec 2025Series B$2.3B

Tuduoduo Funding History

Tuduoduo has raised a total of $58M across 2 funding rounds.

Tuduoduo's first fundraising round was a $48M Series A in August 2023. The most recent completed round was a $10M Series B in December 2025.

Tuduoduo funding rounds

Tuduoduo funding rounds
DateStageInvestorsRaisedValuation
Dec 2025Series BLiuzhou Dongchuang Youpao Fund (lead); Shanda Capital (lead); Wuhan Changjiang Hongxin Investment Fund Partnership; Jinan Luhu Interconnect Equity Investment Partnership$10M$2.3B
Aug 2023Series ATsing Ventures; Shuike Rongshang; Huaguan Biotechnology$48M-

Who has invested in Tuduoduo?

7 investors have backed Tuduoduo across its funding rounds, including Shanda Capital, Tsing Ventures, Huaguan Biotechnology, Jinan Luhu Interconnect Equity Investment Partnership, Liuzhou Dongchuang Youpao Fund and Shuike Rongshang.

Lead investors include Liuzhou Dongchuang Youpao Fund and Shanda Capital.


Tuduoduo Investors

Investors in Tuduoduo by funding rounds participated
InvestorHQRoundsRoleFirst check
Liuzhou Dongchuang Youpao FundChinaChina1LeadDec 2025
Tsing VenturesChinaBeijing1ParticipantAug 2023
Shuike Rongshang--1ParticipantAug 2023
Wuhan Changjiang Hongxin Investment Fund PartnershipChinaChina1ParticipantDec 2025
Shanda CapitalChinaShanghai1LeadDec 2025

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Tuduoduo Competitors

Tuduoduo competitors include listed companies like Beijing United and Alibaba Group, and private ones like Moglix, Zhenkunxing, Infra.Market and GrubMarket.

Public and private companies comparable to Tuduoduo
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Beijing UnitedChinaChinaPublicly listed$7.6B$373M$2.2B0.2x
MoglixSingaporeSingaporePrivate--$2.5B-
ZhenkunxingChinaShanghaiPrivate--$1.9B-
Infra.MarketIndiaMumbaiPrivate$1B-$2.8B-
GrubMarketUnited StatesSan Francisco, CAPrivate--$3.5B-
Alibaba GroupChinaChinaPublicly listed$153B$15B$266B1.6x

Tuduoduo Public Comps

Tuduoduo is still privately-owned, but its public comps include Beijing United, Ocado Group, ACV Auctions, Modivo, Focus Technology, Revolve Group, Syoung Group, Gold.com, Tuhu Car and Inchcape.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Beijing United$7.6B$373M0.3x0.2x5.9x5.5x
Ocado Group$1.9B$135M2.0x1.8x27.3x8.0x
ACV Auctions$760M($19M)2.3x2.1x(89.6x)24.8x
Modivo$2.9B$224M1.0x0.9x12.8x7.3x
Focus Technology$286M$83M4.3x3.9x14.7x13.7x
Revolve Group$1.2B$89M1.0x0.9x13.6x12.9x
Syoung Group$742M$45M2.0x1.9x32.4x24.9x
Gold.com$26B$180M0.0x0.0x5.3x5.2x

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Common questions about Tuduoduo

When was Tuduoduo founded?Tuduoduo was founded in 2014.
Where is Tuduoduo headquartered?Tuduoduo is headquartered in Beijing, China.
Is Tuduoduo publicly listed?No, Tuduoduo is a private, VC-backed company.
What is Tuduoduo's valuation?Tuduoduo was last valued at $2.3B in its Series B in December 2025.
How much funding has Tuduoduo raised?Tuduoduo has raised $58M across 2 funding rounds.
What was Tuduoduo's last funding round?Tuduoduo's last funding round was a $10M Series B in December 2025, led by Liuzhou Dongchuang Youpao Fund and Shanda Capital.
Who are Tuduoduo's investors?Tuduoduo's investors include Liuzhou Dongchuang Youpao Fund, Tsing Ventures, Shuike Rongshang, Wuhan Changjiang Hongxin Investment Fund Partnership, Shanda Capital, Huaguan Biotechnology and Jinan Luhu Interconnect Equity Investment Partnership.
Which companies are comparable to Tuduoduo?Companies comparable to Tuduoduo include Beijing United, Moglix, Zhenkunxing, Infra.Market, GrubMarket and Alibaba Group.

See companies similar to Tuduoduo

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