Wsmall.com Funding, Investors & Competitors

Wsmall.com has raised $123M across 4 funding rounds, most recently a $5M Series C in July 2018.

Last Wsmall.com funding round

$5M

Series C · Jul 2018

Cumulative funding Wsmall.com raised

$123M

across 4 funding rounds

Key investors in Wsmall.com

  • Maison Capital
  • Warburg Pincus
  • Zhongjin Qianhai Development Fund
  • Beijing Pingfeng Kangtai Keji Co., Ltd
  • Xuceng Shangwu Zixun
  • Xucheng Shangwu Zixun
  • Xuyan Shangwu Zixun

Wsmall.com Overview

About Wsmall.com

Wsmall.com is a platform offering white-label e-commerce tools and drop-shipping products to small businesses. Based in the UK, it supplies private-label goods in apparel, electronics, and homeware through integrations with Shopify and WooCommerce, targeting entrepreneurs in Europe and North America.


Founded

2009

HQ

ChinaHangzhou

Website

ewanse.com

Status

Privately held

Customer focus

B2B

Revenue model

Subscription, Product sales

Wsmall.com Funding History

Wsmall.com has raised a total of $123M across 4 funding rounds.

Wsmall.com's first fundraising round was a $3M angel round in December 2014. The most recent completed round was a $5M Series C in July 2018.

Wsmall.com funding rounds

Wsmall.com funding rounds
DateStageInvestorsRaisedDeal Summary
Jul 2018Series CXucheng Shangwu Zixun (lead)$5M-
Oct 2016Series BWarburg Pincus (lead); Zhongjin Qianhai Development Fund (lead); Xuceng Shangwu Zixun; Xuyan Shangwu Zixun; Beijing Pingfeng Kangtai Keji Co., Ltd$100MWsmall.com, a Hangzhou-based Chinese e-commerce platform operated by Hangzhou Wansecheng E-commerce Co. Ltd., raised $100 million in a Series B round in October 2016. The round was led by Warburg Pincus and CICC-Qianhai, the investment platform established by China International Capital Corporation, Shenzhen Qianhai Financial Holdings and ICBC. The new capital was intended to expand the platform's merchant base and services. Wsmall aggregates more than 10,000 small merchants under a B2B2C model and provides them with branding, customer service and marketing support. The company had previously raised a Series A of about $15 million from Maison Capital in 2015, bringing total funding to roughly $115 million. The Series B was one of the larger private financings of a Chinese small-merchant e-commerce platform in 2016.
Apr 2015Series AMaison Capital (lead)$15MWsmall is a Hangzhou, China-based e-commerce company founded in 2014 operating in the retail sector with competitors including JD.com, Amazon, VipShop, Jumia, and Wish Shopping. The company raised a total of $115 million across 2 funding rounds from investors including Warburg Pincus, CICC Qianhai, and Maison Capital. The first round occurred on 16 Apr 2015, followed by a Series B round of $100 million on Oct 17, 2016 led by Warburg Pincus.
Dec 2014AngelMaison Capital$3M-

Who has invested in Wsmall.com?

7 investors have backed Wsmall.com across its funding rounds, including Maison Capital, Warburg Pincus, Zhongjin Qianhai Development Fund, Beijing Pingfeng Kangtai Keji Co., Ltd, Xuceng Shangwu Zixun and Xucheng Shangwu Zixun.

Lead investors include Xucheng Shangwu Zixun, Warburg Pincus, Zhongjin Qianhai Development Fund and Maison Capital.


Wsmall.com Investors

Investors in Wsmall.com by funding rounds participated
InvestorHQRoundsRoleFirst check
Maison CapitalChinaShenzhen2LeadDec 2014
Xuceng Shangwu ZixunChinaShanghai1ParticipantOct 2016
Warburg PincusUnited StatesNew York City, NY1LeadOct 2016
Xuyan Shangwu ZixunChinaChina1ParticipantOct 2016
Beijing Pingfeng Kangtai Keji Co., LtdChinaBeijing1ParticipantOct 2016

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Wsmall.com Competitors

Wsmall.com competitors include listed companies like Amazon, Alibaba Group, Pinduoduo and MercadoLibre, and private ones like Noon and Snapdeal.

Public and private companies comparable to Wsmall.com
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
AmazonUnited StatesUnited StatesPublicly listed$717B$161B$2.8T3.6x
Alibaba GroupChinaChinaPublicly listed$154B$15B$266B1.6x
PinduoduoChinaChinaPublicly listed$65B$15B$118B0.8x
MercadoLibreArgentinaArgentinaPublicly listed$29B$3.7B$77B2.1x
NoonSaudi ArabiaRiyadhPrivate--$10B-
SnapdealIndiaNew DelhiPrivate$173M-$6.5B37.6x

Wsmall.com Public Comps

Wsmall.com is still privately-owned, but its public comps include Amazon, Tencent, Alibaba Group, Pinduoduo, Carvana, MercadoLibre, Sea, JD.com, Coupang and LY Corporation.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Amazon$717B$161B4.1x3.6x18.4x14.1x
Tencent$113B$51B4.4x4.1x9.7x9.6x
Alibaba Group$154B$15B1.7x1.6x17.4x12.0x
Pinduoduo$65B$15B0.8x0.8x3.6x3.2x
Carvana$20B($110M)4.2x3.0x(768.0x)29.7x
MercadoLibre$29B$3.7B3.0x2.1x23.2x21.3x
Sea$23B$2.4B1.8x1.4x17.6x11.5x
JD.com$196B$4.3B0.2x0.2x7.3x6.9x

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Common questions about Wsmall.com

When was Wsmall.com founded?Wsmall.com was founded in 2009.
Where is Wsmall.com headquartered?Wsmall.com is headquartered in Hangzhou, China.
Is Wsmall.com publicly listed?No, Wsmall.com is a private, VC-backed company.
How much funding has Wsmall.com raised?Wsmall.com has raised $123M across 4 funding rounds.
What was Wsmall.com's last funding round?Wsmall.com's last funding round was a $5M Series C in July 2018, led by Xucheng Shangwu Zixun.
Who are Wsmall.com's investors?Wsmall.com's investors include Maison Capital, Xuceng Shangwu Zixun, Warburg Pincus, Xuyan Shangwu Zixun, Beijing Pingfeng Kangtai Keji Co., Ltd, Xucheng Shangwu Zixun and Zhongjin Qianhai Development Fund.
Which companies are comparable to Wsmall.com?Companies comparable to Wsmall.com include Amazon, Alibaba Group, Pinduoduo, MercadoLibre, Noon and Snapdeal.

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