# Honeyshare

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/honeyshare

- Industry: Internet
- Headquarters: Shanghai, China
- Website: www.honeyshare.cn
- Total disclosed funding: $0.5M
- Latest round: Angel (Jun 1, 2014)
- Investors on record: 1

## About

Honeyshare is a digital marketplace that streamlines the buying and selling process, connecting consumers to sellers through a user-friendly platform designed for easy transactions.Founded in 2014 in Shanghai, China, Honeyshare operates a digital marketplace that facilitates transactions between consumers and sellers. The company has raised CNY 3 million in an Angel funding round from Meridian Capital China, marking its investment journey since its inception. CEO Yifan Xiao leads the firm with a focus on expanding its market reach.Honeyshare.cn primarily operates within the digital marketplace, offering a platform that facilitates the buying and selling of various products and services. Its core offerings include a user-friendly interface that connects consumers directly with sellers, enabling seamless transactions for a diverse range of goods. The platform addresses challenges such as accessibility and convenience in online shopping, allowing users to easily find and purchase items that meet their needs. Furthermore, Honeyshare.cn caters to both individual consumers and small to medium-sized enterprises, providing them with a reliable channel to reach a broader audience. The geographical markets served by Honeyshare.cn extend beyond its local region, aiming to attract users from various international markets, thereby enhancing its customer base.Honeyshare.cn generates revenue through a structured transaction model that includes both direct-to-consumer sales and partnerships with various suppliers. The revenue streams are primarily derived from transaction fees charged to sellers on the platform, as well as potential subscription services for enhanced visibility and marketing options. Clients engage in straightforward purchasing processes, where they can complete transactions securely. The pricing structure for services includes tiered subscription plans providing different levels of access to features and tools designed to optimize sales performance, solidifying Honeyshare.cn's competitive position in the digital marketplace.Honeyshare plans to leverage the CNY 3 million raised in the Angel funding round towards designing new products and expanding into new markets. The company seeks to enhance its platform offerings and improve user experience as it targets international markets for expansion by the end of 2024. This growth strategy aims to solidify Honeyshare's presence beyond its local market and attract a broader audience.

## Funding rounds

- Angel, Jun 1, 2014, $0.5M — Meridian Capital

## Investors

- Meridian Capital — Angel