Xingyun (group)

From Wikipedia, the free encyclopedia
Xingyun
IndustryE-commerce
Headquarters,
China
Areas served
Internationally
ProductsCommodities

Shenzhen Tianxingyun Supply Chain Co., Ltd., better known as Xingyun (Chinese: 行云集团), is a Chinese e-commerce company which provides services for commodities internationally.[1][2] It is based in Shenzhen, China.[3] In 2021, Xingyun became a unicorn company after the funding round.[4]

It helps expand international companies in China.[5]

History[edit]

Xingyun has received funding in multiple rounds such as $200 million in series c funding in September 2020[6] and $600 million in series C2 funding in April 2021.[7][8]

In August 2021, it expanded its operations to Kenya.[9]

Recognition[edit]

In 2021, it was included in China Daily's unicorn companies list.[10]

References[edit]

  1. ^ January 21, 2022, Friday (January 20, 2022). "Nairobi plans e-platform to export agricultural products to China". Business Daily.{{cite web}}: CS1 maint: numeric names: authors list (link)
  2. ^ Eli, Melany (July 29, 2021). "Q2'21 Venture Pulse Report– Asia - KPMG Belgium". KPMG.
  3. ^ "Shenzhen Tian Xing Yun Supply Chain Co Ltd". Bloomberg.
  4. ^ "The Complete List of Unicorn Companies". CB Insights.
  5. ^ Lee, Yoolim; Lun, Haidi; Hays, Kathleen (2021-04-05). "Eduardo Saverin's B Capital May Allot 40% of Global Fund to China". Bloomberg. Retrieved 2021-12-30.
  6. ^ "Chinese Supply Chain Provider Xingyun Closes $200m in a Series C Round - Caixin Global". Caixin.
  7. ^ "Clean tech is getting a fresh slate in 2020". Fortune.
  8. ^ "Yunfeng Capital Leads USD600m Series C2 for Chinese Digital Supply Chain Provider Xingyun Group – GPCA".
  9. ^ Baraza, Lawrence (August 6, 2021). "Xingyun Global enters Kenyan market with Ksh.65 billion investment plan".
  10. ^ "产业数字化浪潮来袭,2021产业互联网榜单出炉". China Daily.