# Tbb

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

- Industry: Internet
- Headquarters: Hangzhou, China
- Website: www.tebaobao.com
- Latest round: Angel (Mar 11, 2020)
- Investors on record: 2

## About

Based in Hangzhou, China and established in 2018, Tbb operates as an electronic commerce company which allows users to sell on its online community in the form of live video streaming. Tbb has experienced explosive user growth since the launch of its WeChat mini-program in April 2019, reaching over 20 million registered users. The company has garnered several awards, including "2019 China's Best Business Model Innovation in Live E-commerce" and "2019 China's Most Investment-Worthy Entrepreneurial Platform." In March 2020, it closed a round of angel funding.

The company operates a new retail conversion platform that combines social networking, live broadcasting, and e-commerce. Its primary product is a WeChat mini-program that enables businesses to conduct live sales, attracting customers through the app's massive user base.

The company generates revenue by providing a platform for businesses to conduct live-streaming sales, leveraging the social and e-commerce functionalities to drive transactions.

The company will use its angel funding raised in March 2020 to delve deeper into the lower-tier market, develop voice technology, image recognition technology, and VR technology, and enrich the live-streaming sales scenarios.

## Funding rounds

- Angel, Mar 11, 2020 — Plum Ventures, ZJU Joint Innovation Investment

## Investors

- Plum Ventures (https://capitalatlas.ai/funds/plum-ventures) — Angel
- ZJU Joint Innovation Investment (https://capitalatlas.ai/funds/zju-joint-innovation-investment) — Angel