919Qingcang
Latest round
- Angel
Last raised
- Jun 2021
Total raised
- $1.6M
Investors
- 1
About 919Qingcang
Established in 2019 and based in Shanghai, China, 919Qingcang operates as a brand that focuses on clothing, household goods, sports products, etc. The brand's founder, Xi Yizhou, has 12 years of experience in apparel retailing and served as an executive in Anzheng Group, Bosideng Group, and La Chapelle Group. At present, the brand has opened stores in Jiangsu, Anhui and Sichuan. The company's main business is the sale of clothing, it mainly selling clothes priced from RMB 19 to RMB 99. The company provides clothing products for people in second-tier cities and third-tier cities by controlling costs and prices and using data and shelf models to speed up inventory turnover. The company's revenue is generated by selling clothes. The gross profit of its products is over 80%, and the profit rate of a single store reaches 25%. The brand plans to expand 30 stores in East China and Sichuan markets, and aims to open 100 stores nationwide by 2022.
Who invested in 919Qingcang
1 investor across 1 round
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Funding rounds
Angel
Jun 4, 2021
Amount
$1.6M
Investors
Questions about 919Qingcang
Who invested in 919Qingcang?
919Qingcang has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has 919Qingcang raised?
919Qingcang has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did 919Qingcang last raise money?
919Qingcang's most recent round on record is a Angel, in Jun 2021.
What does 919Qingcang do?
Established in 2019 and based in Shanghai, China, 919Qingcang operates as a brand that focuses on clothing, household goods, sports products, etc.
Where is 919Qingcang headquartered?
919Qingcang is headquartered in Shanghai, China.
Which VCs invest in companies like 919Qingcang?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Peak XV Partners, MPCi and Luminous Ventures back retail companies at 919Qingcang's stage. Their profiles are linked below.
VCs backing retail startups at Angel
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