Dianxiaomi, a Chinese e-commerce SaaS platform, raised $110 million in Series D funding, bringing the company’s total funding in 2022 to $210 million.
The round was led by SoftBank Vision Fund 2 and Sequoia China, with participation from Tiger Global Management, GGV Capital, and Huaxing Growth Capital.
Proceeds from the round will be used to further expand Dianxiaomi’s overseas team to accelerate international growth. Dianxiaomi plans to continue to release products in more regions and countries in the future.
Company: Shenzhen Meiyunji Network Technology Co., Ltd.
Raised: $110.0M
Round: Series D
Funding Month: Aug 2022
Lead Investors: SoftBank Vision Fund 2 and Sequoia China,
Additional Investors: Tiger Global Management, GGV Capital, and Huaxing Growth Capital
Company Website: https://www.dianxiaomi.com/
Software Category: e-commerce SaaS platform
About the Company: Shenzhen Meiyunji Network Technology Co., Ltd., founded in 2014, is world-leading e-commerce IT service firm focused on delivering SaaS system services for global e-commerce merchants, making it easier to "buy the world and sell the world." DianXiaomi has assembled a strong domestic IT R&D team. Dianxiaomi's global users have surpassed 1.5 million, and the company has established extensive collaboration with more than 50 top e-commerce platforms, more than 1,600 high-quality logistics providers, and more than 80 overseas warehouses around the world, with an annual transaction amount of orders processed exceeding 3,500. RMB billion
Source: https://www.asiatechdaily.com/e-commerce-saas-platform-dianxiaomi-raises-100m-from-softbank-sequoia-china/