Caihuoxia
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Caihuoxia - overview
Established
2019
Location
Beijing, -, China
Primary Industry
Software
About
Established in 2019 and based in Beijing, China, Caihuoxia is a B2B second-hand trading platform, which unite third-party recycling and sales platforms and second-hand mobile phone merchants to realize commodity circulation. The company has received USD 45 million of series A funding and is valued at USD 140 million after this deal. Caihuoxia is a B2B second-hand trading platform, which unite third-party recycling and sales platforms and second-hand mobile phone merchants to realize commodity circulation. In this platform, sellers can release products based on SPU pricing, and buyers can place bids based on price order and release demand.
Caihuoxia's B2B business transaction scale increased by 30 times year-on-year in the first quart of 2021. The platform's monthly transaction volume reached RMB 500 million, a month-on-month increase of more than 20% in May 2021.
Current Investors
Shanhs.com, Beijing Zhuanzhuan Spirit Technology Co., Ltd., Shenzhen Wanshifu Technology Co., Ltd.
Primary Industry
Software
Sub Industries
Consumer Products, Sales & Marketing Software
Verticals
E-commerce
Company Stage
Series A
Total Amount Raised
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