# Beijing Zhuanzhuan Spirit Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/beijing-zhuanzhuan-spirit-technology-co

- Industry: Internet
- Headquarters: Beijing, China
- Website: www.zhuanzhuan.com
- Total disclosed funding: $400M
- Latest round: Series D (Jun 17, 2021)
- Investors on record: 5

## About

Established in 2017 and based in Beijing, China, Beijing Zhuanzhuan Spirit Technology Co., Ltd., trading under the name Zhuanzhuan, operates as an online platform that provides secondhand and idle products. The company was founded by CEO Wei Huang. In April 2021, Zhuanzhuan raised USD 390 million in venture funding from Greater Bay Area Homeland Development Fund and Qingyue Fund.

Zhuanzhuan is an online used goods trading platform that enables local business users and consumer users to connect, share information, and conduct business. The company also allows its users to sell secondhand products such as clothes, electrical appliances, and other household products.

The company generates revenue from over 10 million users by selling its product online.

Zhuanzhuan plans to construct a smart quality inspection center for different types of goods in the port city in eastern Shandong province.

## Funding rounds

- Series D, Jun 17, 2021, $100M — Shunwei Capital, Advantech Capital, Xiaomi Group
- Series B, Sep 11, 2019, $300M — Tencent Investment, 58.com Inc.

## Investors

- Tencent Investment — Series B
- 58.com Inc. — Series B
- Shunwei Capital (https://capitalatlas.ai/funds/shunwei-capital) — Series D
- Advantech Capital (https://capitalatlas.ai/funds/advantech-capital) — Series D
- Xiaomi Group — Series D