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FURONG XINGSHENG is a brand operator of chain community supermarkets. It is located at the entrance of community network service and focuses on building the whole ecosystem of the community. At present, it is mainly engaged in brand export of community convenience supermarkets (Lotus Prosperity) and B2B logistics distribution services. Through the way of franchise chain operation, set order, supply, storage, logistics and distribution in one; Through cloud storage, the last kilometer distribution problem is solved, with door-to-door service within 1 hour as the main focus
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Funding
5 Fundings
| Date | Amount | Round | Relative News |
|---|---|---|---|
| Oct 2018 | Tens of millions USD | Series A | Today's capital Xu Xinling invested in the community e-commerce platform "FURONG XINGSHENG" for tens of millions of dollars in Series A financing |
| Jul 2019 | 40 million USD | Undisclosed | The community group "FURONG XINGSHENG" has received nearly 40 million US dollars of investment |
| Sep 2019 | 200 million USD | Undisclosed | FURONG XINGSHENG, a group-buying brand in the community, won a new round of financing exceeding 200 million US dollars |
| Jun 2020 | 400 million USD | Undisclosed | FURONG XINGSHENG received another $400 million in financing, and the US version was hungry. DoorDash raised $400 million | Global Investment and Financing Weekly |
| Jul 2020 | 800 million USD | Series C+ | FURONG XINGSHENG will complete the C+ round financing of 800 million US dollars, KKR will lead the investment, and Sequoia China, Tencent and Tianyi Capital will follow the investment |
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