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

ChinaShenzhen

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

Yunwang Wandian valuation by funding round
DateStageValuation
Nov 2020Series A$3.6B

Yunwang Wandian Funding History

Yunwang Wandian has raised a total of $909M across 1 funding round.

Yunwang Wandian funding rounds

Yunwang Wandian funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Nov 2020Series AShenzhen Capital Group (lead); SenseRobot Management; Ningbo Xianshi Enterprise Management; Central China International Asset Management; VStar Capital; Softfir Capital; Shenzhen Luohuyinling Fund$909M$3.6BYunwang 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

Investors in Yunwang Wandian by funding rounds participated
InvestorHQRoundsRoleFirst check
SenseRobot Management--1ParticipantNov 2020
Ningbo Xianshi Enterprise ManagementChinaChina1ParticipantNov 2020
Shenzhen Capital GroupChinaShenzhen1LeadNov 2020
Central China International Asset ManagementHong KongHong Kong1ParticipantNov 2020
VStar CapitalChinaShanghai1ParticipantNov 2020

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Yunwang 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.

Public and private companies comparable to Yunwang Wandian
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Wanda E-CommerceChinaBeijingPrivate--$3.2B-
NuvemshopBrazilSão PauloPrivate--$3.1B-
VANCLChinaGuangzhouPrivate--$3B-
Vishal Mega MartIndiaIndiaPublicly listed$1.3B$204M$4.9B3.4x
Mango Excellent MediaChinaChinaPublicly listed$2.1B$1B$5.1B2.2x
VinCommerceVietnamHanoiPrivate--$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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Inchcape$12B$867M0.4x0.4x5.4x5.0x
Openlane$1.9B$302M2.4x2.2x15.2x12.2x
Xingyun Technology$22M($14M)218.4x-(338.4x)-
Vishal Mega Mart$1.3B$204M3.7x3.4x24.4x23.5x
Blibli$1.3B($83M)1.9x1.6x(28.2x)(21.5x)
Mango Excellent Media$2.1B$1B2.2x2.2x4.4x4.3x
momo.com$3.4B$148M0.6x0.6x13.2x12.2x
Polibeli Group$26M($4M)76.5x-(495.5x)-

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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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