Financials

Estimates*

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Revenues, earnings & profits over time
YEN2016
Revenues2.0b

Source: Dealroom estimates

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DateInvestorsAmountRound
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N/A

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$100m

Series A

$192m

Valuation: $2.0b

Series B

$225m

Valuation: $2.0b

Series C
Total Funding€470m

Recent News about Huimin

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More about Huimininfo icon
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Huimin.cn is an innovative e-commerce platform that connects local retailers with consumers, primarily in urban areas across China. The company operates in the highly competitive e-commerce market, focusing on providing a seamless online shopping experience for its users. Huimin.cn serves a diverse range of clients, including small and medium-sized local retailers who seek to expand their reach and increase sales through online channels. The platform allows these retailers to list their products, manage inventory, and handle transactions efficiently.

The business model of Huimin.cn revolves around a commission-based structure, where the company earns a percentage of each sale made through its platform. Additionally, Huimin.cn offers premium services such as enhanced product listings and targeted advertising, which generate additional revenue streams. The company also leverages data analytics to provide insights and recommendations to retailers, helping them optimize their operations and marketing strategies.

Huimin.cn's market includes urban consumers who prefer the convenience of online shopping and local retailers looking to tap into the growing e-commerce trend. The platform's user-friendly interface and robust logistics network ensure timely delivery and a positive shopping experience for consumers.

Keywords: e-commerce, local retailers, online shopping, urban consumers, commission-based, premium services, data analytics, logistics network, China, seamless experience.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Huimin

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Beequick
ACQUISITION by Huimin Feb 2017