# Shanghai Yiben E-commerce Co.Ltd

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shanghai-yiben-e-commerce-co-ltd

- Industry: Internet
- Headquarters: Shanghai, China
- Website: www.ooklady.com
- Total disclosed funding: $0.6M
- Latest round: Angel (Jul 19, 2016)
- Investors on record: 2

## About

Shanghai Yiben E-commerce Co. Ltd specializes in e-commerce solutions, providing innovative technology and services aimed at enhancing user experiences and operational efficiency for a diverse clientele.Founded in 2016 in Shanghai, China, Shanghai Yiben E-commerce Co. Ltd focuses on e-commerce solutions. The company has successfully completed 2 deals, with the most recent funding round being an Angel round on May 11, 2018, where it raised CNY 4.000 mn from investors including Ameba Capital and Wuhan East Lake Zhonghe Angel Fund Management. Yu Zhan serves as both the founder and CEO, leading the company towards growth and innovation.The company offers a suite of innovative products and services designed to address specific challenges faced by their target market. Their core offerings include advanced technology solutions aimed at enhancing operational efficiency, streamlining processes, and improving user experience across various sectors. These products are tailored for a diverse client base that includes enterprise-level organizations and small to medium-sized businesses across industries such as healthcare, finance, and logistics. Each solution is engineered to meet the unique needs of end users, focusing on user-friendly interfaces and robust functionalities that drive productivity. Geographically, the company serves markets predominantly in North America, Europe, and select regions in Asia, catering to clients who value technology and dependable support.The company's revenue model is structured around a combination of subscription-based services and direct-to-consumer sales. Regular transactions occur as clients subscribe to annual plans that offer access to the company's flagship products, which may include tiered pricing structures based on the level of service and the number of users. In addition to subscriptions, the company engages in B2B partnerships, providing tailored solutions to businesses that require comprehensive integration of their services into existing systems. Each transaction is designed to foster long-term relationships with clients, ensuring ongoing support and updates as part of the service offering. The revenue generated reflects the company's commitment to delivering high-quality solutions that enhance their clients' operational capabilities.In May 2018, the company raised CNY 4.000 mn in an Angel funding round, which will be utilized to support the development of new products aimed at expanding their offerings. The company aims to launch these new products within the next year, targeting specific advancements to improve user experience. Additionally, plans for geographic expansion are in place, focusing on enhancing their presence in emerging markets across Southeast Asia by the end of 2023.

## Funding rounds

- Angel, Jul 19, 2016, $0.6M — Ameba Capital, Wuhan East Lake Zhonghe Angel Fund Management

## Investors

- Ameba Capital (https://capitalatlas.ai/funds/ameba-capital) — Angel
- Wuhan East Lake Zhonghe Angel Fund Management — Angel