# O Plus O Network Technology (Shanghai) Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/o-plus-o-network-technology-shanghai-co

- Industry: Food
- Headquarters: Shanghai, China
- Website: www.xingbianli.com
- Total disclosed funding: $73M
- Latest round: Series A (Oct 27, 2017)
- Investors on record: 4

## About

O Plus O Network Technology (Shanghai) Co., Ltd. focuses on delivering technology solutions that enhance operational efficiency and connectivity across various sectors.Founded in 2017 and headquartered in Shanghai, China, O Plus O Network Technology (Shanghai) Co., Ltd. operates in the technology solutions space. The company has engaged in three notable funding rounds, with the latest being a Series A round in June 2018, led by Sequoia Capital. The total amount raised by the company is CNY 380.000 mn. Jianghua Si, the CEO and founder, has a background that includes expertise in technology-driven business solutions.Xingbianli specializes in innovative technology solutions designed to enhance efficiency and connectivity for various sectors. The company's core offerings include advanced mobile applications and cloud-based services aimed at streamlining business operations, improving customer engagement, and facilitating real-time communication. Their products are utilized by a diverse client base, including small to medium enterprises and larger corporations across industries such as logistics, e-commerce, and manufacturing. Xingbianli’s solutions are sold primarily in markets including Southeast Asia, North America, and Europe, indicating a strategic focus on regions with robust technological adoption and demand for digital transformation.The revenue generation model of Xingbianli is multifaceted, involving both subscription-based services and direct sales transactions. Companies typically engage with Xingbianli through annual subscriptions for ongoing access to their mobile applications and cloud services, ensuring sustained revenue flow. Additionally, the firm may execute partnerships with larger retail or wholesale entities to expand the distribution of its flagship products. Pricing plans are structured to cater to a range of customer needs, allowing flexibility in service tiers that correspond to varying scales of operational demands. This transactional structure ensures that Xingbianli can effectively serve its diverse clientele while maintaining a competitive edge in the technology solutions market.O Plus O Network Technology (Shanghai) Co., Ltd. is focused on launching new products and expanding its market presence. The firm aims to introduce innovative technology solutions designed to enhance operational efficiency within the next year. Plans for expansion include targeting additional markets in Southeast Asia and establishing a stronger footprint in North America by 2024. The recent funding of CNY 380.000 mn will support these initiatives, allowing the company to invest in research and development as well as market entry strategies.

## Funding rounds

- Series A, Oct 27, 2017, $57M — Lightspeed Venture Partners, Hong Shan, China Renaissance, Vision Plus Capital
- Angel, Sep 4, 2017, $15M — Lightspeed Venture Partners

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Angel, Series A
- Hong Shan — Series A
- China Renaissance (https://capitalatlas.ai/funds/china-renaissance) — Series A
- Vision Plus Capital (https://capitalatlas.ai/funds/vision-plus-capital) — Series A