Huimin
Financials
Estimates*
YEN | 2016 |
---|---|
Revenues | 2.0b |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$100m | Series A | ||
$192m Valuation: $2.0b | Series B | ||
$225m Valuation: $2.0b | Series C | ||
Total Funding | $517m |
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Recent News about Huimin
EditHuimin.cn is an innovative e-commerce platform that connects local retailers with consumers, primarily in urban areas across China. The company operates in the highly competitive e-commerce market, focusing on providing a seamless online shopping experience for its users. Huimin.cn serves a diverse range of clients, including small and medium-sized local retailers who seek to expand their reach and increase sales through online channels. The platform allows these retailers to list their products, manage inventory, and handle transactions efficiently.
The business model of Huimin.cn revolves around a commission-based structure, where the company earns a percentage of each sale made through its platform. Additionally, Huimin.cn offers premium services such as enhanced product listings and targeted advertising, which generate additional revenue streams. The company also leverages data analytics to provide insights and recommendations to retailers, helping them optimize their operations and marketing strategies.
Huimin.cn's market includes urban consumers who prefer the convenience of online shopping and local retailers looking to tap into the growing e-commerce trend. The platform's user-friendly interface and robust logistics network ensure timely delivery and a positive shopping experience for consumers.
Keywords: e-commerce, local retailers, online shopping, urban consumers, commission-based, premium services, data analytics, logistics network, China, seamless experience.