Juanpi.com is a Chinese online platform selling discounted consumer products.
A fair price e-commerce platform for consumer daily needs, Juanpi is committed to providing consumers with affordable, high-quality goods and an individualized, enjoyable shopping experience. Juanpi believes in a balance between price and quality, and emphasizes fair price, good quality & well lifestyle. By introducing innovative model of fair-price retail, Juanpi is dedicated to becoming the leading provider of fair-price quality goods, including Apparel, Digital products, Home goods and Maternity & Baby supplies.Juanpi acquires scenario-based insight to demands of consumers, ensuring chosen quality merchandise with its professional buyers and quality control team, and achieving surprising discounts through platform bargaining power. Established in Sept. 2012 in Wuhan, China. In 2015, Juanpi achieved a GMV of several billions CNY and a customer base of approximately 100 millions across Mobile App, PC Websites and WAP components, especially the mobile App contributed more than 80% of the total GMV. Each month, several thousands of retailers introduce special offers via Juanpi to customers with affordable, high-quality goods . In April of 2016, Juanpi completed the Series C funding with a total investment of 600 million CNY from Tiantu Capital, CMB International, together with Zhejiang Jinkong. In 2016, Juanpi continues to develop its fair-price retail market model and at the same time Juanpi sets its sights on overseas markets, promoting the unique model and concept to the world. With powerful business resources, professional buyers, dependable quality control team, cutting-edge technology and efficient operating capability, Juanpi has developed a brand new overseas e-commerce platform-- JUANPI, which has been available on Google Play and App Store worldwide since late June 2016.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Jul 1, 2014 | Series A | ¥50M | 1 | Newsion Venture Capital | — | Detail |
Investor Name | Lead Investor | Funding Round |
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Newsion Venture Capital | Yes | Series A |