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- Yunwang Wandian
Yunwang Wandian Valuation, Funding & Investors
Yunwang Wandian is valued at $3.6B as of November 2020.
Last Yunwang Wandian valuation
$3.6B
Series A · Nov 2020
Last Yunwang Wandian funding round
$909M
Series A · Nov 2020
Cumulative funding Yunwang Wandian raised
$909M
across 1 funding round
Key investors in Yunwang Wandian
Shenzhen Capital Group
VStar Capital
Softfir Capital
Central China International Asset Management
Ningbo Xianshi Enterprise Management
SenseRobot Management
Yunwang Wandian Overview
About Yunwang Wandian
Yunwang Wandian is a Chinese eCommerce and online retail service provider operating as a majority-owned subsidiary of Suning.com. It facilitates multichannel retail for consumer goods, integrating physical stores with digital platforms across major cities.
Founded
2020
HQ
Status
Privately held
Customer focus
B2B
Revenue model
Services
Valuation
$3.6B (Nov 2020)
Yunwang Wandian Valuation
Yunwang Wandian is currently valued at $3.6B, based on its Series A in November 2020.
The $909M round was led by Shenzhen Capital Group, with participation from SenseRobot Management, Ningbo Xianshi Enterprise Management, Central China International Asset Management, VStar Capital, Softfir Capital and 1 other investor.
Yunwang Wandian valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Nov 2020 | Series A | $3.6B |
Yunwang Wandian Funding History
Yunwang Wandian has raised a total of $909M across 1 funding round.
Yunwang Wandian funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Nov 2020 | Series A | Shenzhen Capital Group (lead); SenseRobot Management; Ningbo Xianshi Enterprise Management; Central China International Asset Management; VStar Capital; Softfir Capital; Shenzhen Luohuyinling Fund | $909M | $3.6B | Yunwang Wandian is a Shenzhen-based e-commerce platform subsidiary of Suning.com, providing services to third-party sellers and leveraging the parent's IT infrastructure, supply chain, and logistics. In late November 2020, it raised CNY6 billion (USD912 million) in a Series A round led by Shenzhen Capital Group, with participation from Shenzhen Luohuyinling Fund (Shenzhen Luohu Guidance Fund), Central China International Asset Management, Ningbo Xianshi Enterprise Management, SenseRobot Management, Softfir Capital, and VStar Capital. Suning.com retained 70% ownership post-round. The pre-money valuation was CNY25 billion (USD3.8 billion), with investors acquiring the remaining 30% for the CNY6 billion investment. The funds were intended to expand market presence, user base, and transaction volume on the platform. This spin-off occurred amid Suning.com closing over 900 stores due to pandemic impacts on traditional retail, while its Q3 2020 revenue fell 10% to 180.86 billion yuan but online merchandise value grew 6.5%. Yunwang Wandian's GMV increased 33.67% year-on-year in 2020 per Suning.com's annual report, though not classified as revenue. |
Who has invested in Yunwang Wandian?
7 investors have backed Yunwang Wandian across its funding rounds, including Shenzhen Capital Group, VStar Capital, Softfir Capital, Central China International Asset Management, Ningbo Xianshi Enterprise Management and SenseRobot Management.
Lead investors include Shenzhen Capital Group.
Yunwang Wandian Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| -- | 1 | Participant | Nov 2020 | |
| 1 | Participant | Nov 2020 | ||
| 1 | Lead | Nov 2020 | ||
| 1 | Participant | Nov 2020 | ||
| 1 | Participant | Nov 2020 | ||
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialYunwang Wandian Competitors
Yunwang Wandian competitors include listed companies like Vishal Mega Mart and Mango Excellent Media, and private ones like Wanda E-Commerce, Nuvemshop, VANCL and VinCommerce.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $3.2B | - | ||
| Private | - | - | $3.1B | - | ||
| Private | - | - | $3B | - | ||
| Publicly listed | $1.3B | $204M | $4.9B | 3.4x | ||
| Publicly listed | $2.1B | $1B | $5.1B | 2.2x | ||
| Private | - | - | $2.5B | - |
Yunwang Wandian Public Comps
Yunwang Wandian is still privately-owned, but its public comps include Inchcape, Openlane, Xingyun Technology, Vishal Mega Mart, Blibli, Mango Excellent Media, momo.com, Polibeli Group, ACV Auctions and Modivo.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $12B | $867M | 0.4x | 0.4x | 5.4x | 5.0x | |||
| $1.9B | $302M | 2.4x | 2.2x | 15.2x | 12.2x | |||
| $22M | ($14M) | 218.4x | - | (338.4x) | - | |||
| $1.3B | $204M | 3.7x | 3.4x | 24.4x | 23.5x | |||
| $1.3B | ($83M) | 1.9x | 1.6x | (28.2x) | (21.5x) | |||
| $2.1B | $1B | 2.2x | 2.2x | 4.4x | 4.3x | |||
| $3.4B | $148M | 0.6x | 0.6x | 13.2x | 12.2x | |||
| $26M | ($4M) | 76.5x | - | (495.5x) | - | |||
This data is available for Pro users. Sign up to see all Yunwang Wandian competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Yunwang Wandian
| When was Yunwang Wandian founded? | Yunwang Wandian was founded in 2020. |
| Where is Yunwang Wandian headquartered? | Yunwang Wandian is headquartered in Shenzhen, China. |
| Is Yunwang Wandian publicly listed? | No, Yunwang Wandian is a private, VC-backed company. |
| What is Yunwang Wandian's valuation? | Yunwang Wandian was last valued at $3.6B in its Series A in November 2020. |
| How much funding has Yunwang Wandian raised? | Yunwang Wandian has raised $909M across 1 funding round. |
| What was Yunwang Wandian's last funding round? | Yunwang Wandian's last funding round was a $909M Series A in November 2020, led by Shenzhen Capital Group. |
| Who are Yunwang Wandian's investors? | Yunwang Wandian's investors include SenseRobot Management, Ningbo Xianshi Enterprise Management, Shenzhen Capital Group, Central China International Asset Management, VStar Capital, Softfir Capital and Shenzhen Luohuyinling Fund. |
| Which companies are comparable to Yunwang Wandian? | Companies comparable to Yunwang Wandian include Wanda E-Commerce, Nuvemshop, VANCL, Vishal Mega Mart, Mango Excellent Media and VinCommerce. |
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