- Companies
- Webuy Group
Webuy Group Funding, Investors & Competitors
Webuy Group has raised $123M across 3 funding rounds, most recently a $100M Series C in August 2019.
Last Webuy Group funding round
$100M
Series C · Aug 2019
Cumulative funding Webuy Group raised
$123M
across 3 funding rounds
Key investors in Webuy Group
IDG Capital
Qiming Venture Partners
K2VC
Vision Plus Capital
Tencent
Sky9 Capital
Webuy Group Overview
About Webuy Group
Webuy Group is a social e-commerce platform operating under Jingling Group with brands Shaking Baby, Haoyiku, and 芝麻云仓. Merchants share product links via WeChat for direct purchases within community-driven shopping. The model leverages China's dominant social media for sales distribution. Webuy facilitates community-based transactions from its base in China. Established in 2017, the group supports e-commerce through integrated apps and warehouses.
Founded
2017
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Commission
Webuy Group Funding History
Webuy Group has raised a total of $123M across 3 funding rounds.
Webuy Group's first fundraising round was a $8M angel round in November 2017. The most recent completed round was a $100M Series C in August 2019.
Webuy Group funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Aug 2019 | Series C | Sky9 Capital (lead); IDG Capital; Tencent; Qiming Venture Partners; Vision Plus Capital; K2VC | $100M | Webuy is a Hangzhou-based e-commerce startup founded by a former Alibaba executive. The company closed its Series C financing round in 2019, collecting USD 100 million from a consortium of investors led by Sky9 Capital and including IDG Capital, K2VC, Qiming Venture Partners, Tencent, and Vision Plus Capital. |
| Nov 2018 | Series B | Qiming Venture Partners (lead); IDG Capital | $16M | - |
| Nov 2017 | Angel | K2VC (lead); Vision Plus Capital (lead) | $8M | - |
Who has invested in Webuy Group?
6 investors have backed Webuy Group across its funding rounds, including IDG Capital, Qiming Venture Partners, K2VC, Vision Plus Capital, Tencent and Sky9 Capital.
Lead investors include Sky9 Capital, Qiming Venture Partners, K2VC and Vision Plus Capital.
Webuy Group Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Participant | Nov 2018 | ||
| 2 | Lead | Nov 2018 | ||
| 2 | Lead | Nov 2017 | ||
| 2 | Lead | Nov 2017 | ||
This data is available for Pro users. Sign up to see all 6 Webuy Group investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialWebuy Group Competitors
Webuy Group competitors include listed companies like Amazon, Pinduoduo, MercadoLibre and Prosus, and private ones like Whop and Whatnot.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $142M | - | $1.6B | 11.3x | ||
| Publicly listed | $717B | $161B | $2.7T | 3.5x | ||
| Publicly listed | $64B | $14B | $111B | 0.7x | ||
| Publicly listed | $29B | $3.7B | $93B | 2.6x | ||
| Publicly listed | $9.7B | $1.1B | $86B | 8.0x | ||
| Private | $1B | - | $20B | 20.0x |
Webuy Group Public Comps
Webuy Group is still privately-owned, but its public comps include Amazon, Alibaba Group, Recruit Holdings, Uber, Pinduoduo, MercadoLibre, Prosus, DoorDash, Carvana and Sea.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $717B | $161B | 3.9x | 3.5x | 17.5x | 13.8x | |||
| $153B | $15B | 1.7x | 1.6x | 17.5x | 13.0x | |||
| $24B | $4B | 6.4x | 6.0x | 37.9x | 25.2x | |||
| $52B | $6.2B | 3.0x | 2.8x | 24.9x | 14.6x | |||
| $64B | $14B | 0.7x | 0.7x | 3.1x | 2.8x | |||
| $29B | $3.7B | 3.5x | 2.6x | 27.2x | 25.1x | |||
| $9.7B | $1.1B | 9.1x | 8.0x | 83.8x | 123.7x | |||
| $14B | $1.5B | 6.0x | 4.9x | 55.8x | 23.7x | |||
This data is available for Pro users. Sign up to see all Webuy Group competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Webuy Group
| When was Webuy Group founded? | Webuy Group was founded in 2017. |
| Where is Webuy Group headquartered? | Webuy Group is headquartered in Hangzhou, China. |
| Is Webuy Group publicly listed? | No, Webuy Group is a private, VC-backed company. |
| How much funding has Webuy Group raised? | Webuy Group has raised $123M across 3 funding rounds. |
| What was Webuy Group's last funding round? | Webuy Group's last funding round was a $100M Series C in August 2019, led by Sky9 Capital. |
| Who are Webuy Group's investors? | Webuy Group's investors include IDG Capital, Qiming Venture Partners, Vision Plus Capital, K2VC, Sky9 Capital and Tencent. |
| Which companies are comparable to Webuy Group? | Companies comparable to Webuy Group include Whop, Amazon, Pinduoduo, MercadoLibre, Prosus and Whatnot. |
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