# Shanghai Feiyu Network Technology Company

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shanghai-feiyu-network-technology-company

- Industry: Retail
- Headquarters: Shanghai, China
- Website: www.100feiyu.com
- Total disclosed funding: $30M
- Latest round: Series B (Jun 2, 2021)
- Investors on record: 4

## About

Based in Shanghai, China and established in 2016, Shanghai Feiyu Network Technology Company Limited is a second-hand products exchange platform that provides luxury products. The company has raised USD 30 million in series B funding in June 2021. The founder Shichang Huang has more than 10 years in e-commerce industry. 

The company provides second-hand luxury trading platform selling luxury goods, watches, jewelry and other fashion items via its self developed mobile application and live video sale platform. The company cooperates with insurance company and detection company to provides goods quality guarantee for customers. The company also has its own logistics and warehouse system. It has cooperates with 700 offline second-hand stores and operates its own stores as well. The company has more than 100 staffs in live video sales team and 300 staffs in the luxury appraisal butler service team.

## Funding rounds

- Series B, Jun 2, 2021, $30M — Legend Capital, N5 Capital, Chenhui Venture Partners, MPC
- Series A, Feb 28, 2020 — Legend Capital, N5 Capital, Chenhui Venture Partners, MPC

## Investors

- Legend Capital — Series A, Series B
- N5 Capital (https://capitalatlas.ai/funds/n5-capital) — Series A, Series B
- Chenhui Venture Partners (https://capitalatlas.ai/funds/chenhui-venture-partners) — Series A, Series B
- MPC — Series A, Series B