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Capital, Earnings & M&A

Xingsheng Youxuan's Latest Disclosure: 8 Million Daily Orders, Projected GMV of 40 Billion in 2020

At the Yuelu Summit on September 8, Liu Huiyu, Vice President of Xingsheng Youxuan, delivered a 30-minute speech, disclosing key metrics: operations cover 13 provinces, 161 prefecture-level cities, 938 counties, 4,777 townships, and 31,405 villages; over 300,000 stores with 8,000-10,000 new stores weekly; 8 million daily orders; and projected 2020 GMV of 40 billion yuan. He also revealed the investor lineup including Capital Today, Tencent, Primavera Capital, KKR, Zhongding, Sequoia, Tiger Fund, and Temasek.

刘辉宇