# Xiangwushuo

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

- Industry: Internet
- Headquarters: Shanghai, China
- Website: www.xiangwushuo.com
- Total disclosed funding: $65M
- Latest round: Series B (Aug 1, 2018)
- Investors on record: 8

## About

Established in 2017 and based in Shanghai, China, Xiangwushuo operates as a WeChat mini program that allows users to list their idle goods for others. Users pay via “Red Flower” as virtual coin to buy goods, allowing sellers to gain and accumulate “Red Flowers” for buying goods on the platform.

## Funding rounds

- Series B, Aug 1, 2018, $65M — Hong Shan, IDG Capital, Hillhouse Investment, ZhenFund, K2VC, MPC, Jiyuan Capital
- Series B, May 2, 2018 — Hillhouse Investment
- Series A, Feb 12, 2018 — IDG Capital
- Series A, Jan 13, 2018 — ZhenFund, K2VC, MPC, XVC, Jiyuan Capital
- Angel, Nov 25, 2017 — ZhenFund, K2VC

## Investors

- ZhenFund (https://capitalatlas.ai/funds/zhenfund) — Angel, Series A, Series B
- K2VC (https://capitalatlas.ai/funds/k2vc) — Angel, Series A, Series B
- MPC — Series A, Series B
- XVC — Series A
- Jiyuan Capital (https://capitalatlas.ai/funds/jiyuan-capital) — Series A, Series B
- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series A, Series B
- Hillhouse Investment (https://capitalatlas.ai/funds/hillhouse-investment) — Series B
- Hong Shan — Series B