# Zhenkunhang Industrial Supermarket Shanghai Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zhenkunhang-industrial-supermarket-shanghai-co

- Industry: Consumer Products
- Headquarters: Shanghai, China
- Website: www.zkh360.com
- Total disclosed funding: $687M
- Latest round: Series E (Oct 28, 2020)
- Investors on record: 13

## About

Established in 1996 and based in Shanghai, China, Zhenkunhang Industrial Supermarket Shanghai Co. Ltd. operates as an MRO procurement service platform dedicated to providing procurement and management services. It has sub-branch offices in Beijing, Wuhan, Suzhou, and Shenzhen. The company owns 32 general warehouses and 96 service center warehouses, general warehouses include dangerous goods warehouse, chemical warehouse and other warehouses. In October 2020, Zhenkunhang raised USD 315 million in series E funding. In November 2023, it listed on the New York Stock Exchange.

The company mainly provides an MRO industrial supplies procurement platform and a procurement APP named ZKH. Zhenkunhang owns 32 production lines and 17 million+ stock keeping unit (SKUs). The company provides products for chemical industry, electrical equipment manufacturing, automobile, biomedicine, cement and building materials, papermaking, food, agricultural and sideline, warehousing and logistics, and other industries. The company also offers live-streaming services and other solutions. 

In 2022, the company's revenue is CNY 8.08 billion, and its net income is CNY -731 million.

## Funding rounds

- Series E, Oct 28, 2020, $315M — Legend Capital, China Investment Corporation, Tiger Global Management, Cowin Capital, YF Capital, Tencent Investment, Eastern Bell Capital, GLP Capital Partners, Genesis Capital, MPC, Xiamen C&D Emerging Industry Equity Investment, China Structural Reform Fund Co., Ltd.
- Series D, Jun 18, 2019, $160M — Legend Capital, Tencent Investment, Eastern Bell Capital, Genesis Capital, MPC
- Series C, Aug 28, 2018, $129M — Legend Capital, Tiger Global Management, Eastern Bell Capital, Genesis Capital, MPC, Shell (China) Limited
- Series B, Dec 11, 2017, $30M — Eastern Bell Capital, Genesis Capital, MPC
- Series B, Jul 12, 2017, $53M — Cowin Capital, Eastern Bell Capital
- Series A, Nov 1, 2015 — Cowin Capital

## Investors

- Cowin Capital (https://capitalatlas.ai/funds/cowin-capital) — Series A, Series B, Series E
- Eastern Bell Capital — Series B, Series C, Series D, Series E
- Genesis Capital — Series B, Series C, Series D, Series E
- MPC — Series B, Series C, Series D, Series E
- Legend Capital — Series C, Series D, Series E
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series C, Series E
- Shell (China) Limited — Series C
- Tencent Investment — Series D, Series E
- China Investment Corporation — Series E
- YF Capital (https://capitalatlas.ai/funds/yf-capital) — Series E
- GLP Capital Partners (https://capitalatlas.ai/funds/glp-capital-partners) — Series E
- Xiamen C&D Emerging Industry Equity Investment (https://capitalatlas.ai/funds/xiamen-c-d-emerging-industry-equity-investment) — Series E
- China Structural Reform Fund Co., Ltd. — Series E