Best B2B E-Commerce Companies in Shanghai, China
The 49 best B2B E-Commerce companies in Shanghai, China in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Pinduoduo.
Ranked: Best B2B E-Commerce companies in Shanghai
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Pinduoduo Innovative e-commerce platform connecting consumers with a wide range of products | $3.2B | 67 mo ago | Public | Lei Chen CEO | 2015 | Node.jsNext.jsReact+7 | — |
| 2 | Ruigu Online supplier of MRO tools and supplies 37Moat top 22%Funding top 26%Talent bottom 49%Market bottom 43% All 5 signals ▾Moattop 22% Fundingtop 26% Talentbottom 49% Marketbottom 43% Globalbottom 36% Moat: Editorial + unicorn rating 8/10 · Soonicorn Funding: Raised $490M across 5 rounds · 5 rounds over 10 yrs (0.5/yr) rank vs industry peers · Fliar Intelligence Index 37/100 | $490M | 50 mo ago | Series D | Yang Gao Founder & CEO | 2014 | — | — |
| 3 | Ouyeel 🦄 Provider of an online steel trading and transaction platform | $476M | 49 mo ago | Series B | — | 2015 | — | — |
| 4 | Zhaogang 🦄 Provides of an online B2B steel trading platform | $394M | 109 mo ago | Public | — | 2012 | JavaElement UIVue.js+4 | — |
| 5 | Aikucun Online crowdsourcing distribution platform | $214M | 68 mo ago | Series C | Wang Min Founder | 2017 | Node.jsVue.jsNuxt.js+3 | — |
| 6 | 51Zhaoyou Trading platform for petroleum and oil products | $204M | 96 mo ago | Deadpooled | — | 2015 | — | — |
| 7 | Haoqipei B2B marketplace for auto spare parts | $130M | 85 mo ago | Series D | Alex Chen Founder & CEO | 2016 | — | — |
| 8 | Ehsy Industrial B2B E-commerce marketplace | $100M | 103 mo ago | Series D | — | 2002 | Vue.jscore-jsBaidu Analytics (百度统计)+1 | — |
| 9 | Lianshang Online B2B platform for trading fabrics | $52M | 108 mo ago | Deadpooled | Zhao Junhao Founder & CEO | 2015 | — | — |
| 10 | Haizol Online B2B platform for industrial goods | $36M | 88 mo ago | Series B | — | 2015 | Node.jsVideoJSVue.js+14 | — |
| 11 | Ickey E-distributor of industrial components | $28M | 74 mo ago | Public | Qiu Ciyun CEO | 2002 | SentryVue.jsTengine+3 | — |
| 12 | Gfresh Online global marketplace platform for users to sell seafood in China | $20M | 117 mo ago | Series A | — | 2014 | — | — |
| 13 | Shanghai Metals Market Online B2B trading platform for metals | $18M | 130 mo ago | Late Stage | — | 1999 | Node.jsExhibitAnt Design+9 | — |
| 14 | Banksteel B2B marketplace for steel | $15M | 126 mo ago | Series A | — | 2008 | Cart FunctionalityEChartsTengine+3 | — |
| 15 | Myplas B2B e-commerce platform for plastics | $10M | 115 mo ago | Deadpooled | Walter Jordaan Founder & Director | 2007 | — | — |
| 16 | Easy-to-buy work E-distributor of MRO & industrial tools | $10M | 54 mo ago | Series C | Zhu Hongtao CEO | 2016 | — | — |
| 17 | Molbase B2B ecommerce platform for chemicals | $10M | 69 mo ago | Public | Wang Zheng Co-Founder & CEO | 2012 | PHPLaravelNginx+3 | — |
| 18 | BWCmall.com Distributor of electrical and mechanical hardware | $10M | 82 mo ago | Series A | — | 2015 | — | — |
| 19 | Aite Rent Online rental platform for office IT equipment | $4M | 97 mo ago | Seed | Huang Hui Co-Founder | 2018 | — | — |
| 20 | Youban Online B2B platform for ordering building supplies | $2M | 115 mo ago | Deadpooled | Mei Qian CEO | 2016 | — | — |
| 21 | Haomuduo B2B marketplace for building materials | $2M | 130 mo ago | Deadpooled | Lin Yuming Co-Founder & CEO | 2015 | — | — |
| 22 | Egg Xiao Er Developer of a platform for trading eggs | $1M | 80 mo ago | Deadpooled | Li Yulan CEO | 2019 | — | — |
| 23 | Coffee Exchange Online B2B coffee trading platform | $510K | 83 mo ago | Seed | Dragos Olaru Co-Founder | 2018 | — | — |
| 24 | Tradesparq B2B data based on shipping | $500K | 168 mo ago | Seed | Michael Kleist Founder | 2009 | Node.jsElement UIVideoJS+14 | — |
Top 12 B2B E-Commerce companies in Shanghai
#1
Series D · Shanghai, Shanghai · founded 2014 · 52 employees$490.2Mraised▾
Ruigu is an online supplier of MRO tools and supplies offering power tools, hand tools, generators, lifting gear etc. It sells products from brands such as WuLong, North, Han Touch Power etc. It ships across 165 cities of China as of May 2017.
- May 2022Series D$150M
- Oct 2021Series D$250M
- Sep 2020Series C—
- Sep 2019Series C$42.2M
#2
Ouyeel 🦄Series B · Shanghai, Shanghai · founded 2015 · 1143 employees$476.3Mraised▾
Provider of an online steel trading and transaction platform. It provides users with supply chain services in the steel industry, including trading, logistics, supply chain finance, steel technology, and data information, to manage costs in the supply chain.
- Jul 2022Series B$35.8M
- Jun 2019Series B$294M
- May 2017Series A$146.4M
#3
Public · Shanghai, Shanghai · founded 2015$3.2Braised▾
Innovative e-commerce platform connecting consumers with a wide range of products. It is a dynamic online marketplace facilitating transactions between buyers and sellers. The platform emphasizes value and accessibility, offering a diverse selection of goods through its website and mobile application. It focuses on social commerce, encouraging users to share and discover products through their networks. The company provides services for merchants, including onboarding, support, and tools to manage their online stores. It also offers customer service and dispute resolution to ensure a positive shopping experience. The platform is committed to consumer protection and intellectual property rights. It operates a B2C model, leveraging technology to create a seamless and engaging shopping experience.
- Dec 2020Post IPO$500M
- Mar 2020Post IPO$1.1B
- Sep 2019Post IPO$875M
- Apr 2018Series D$3B
#4
Series C · Shanghai, Shanghai · founded 2017$214.3Mraised▾
Aikucun is an online crowdsourcing distribution platform. It utilises S2B2C model to connect manufacturer, distributors and customers together to solve the problem of manufacturing inventory. Its features include order & inventory management, sales & distribution management, destocking & logistics management, after-sales services and more.
- Nov 2020Series C—
- Oct 2018Series B$110M
- Jul 2018Series B$88M
- Jan 2018Series A$15M
#5
Series C · Shanghai, Shanghai · founded 2016 · 50 employees$10Mraised▾
Easy-to-buy-work is an e-distributor of MRO & industrial tools. Product catalog includes pneumatic components, mechanical parts, metal processing products, tool consumables, labor security products, and more. A few of the manufacturers associated with the company are Siemens, Festo, Bosch, Omron, Yaskawa, and more. The platform also allows B2B users to participate in group buying.
- Jan 2022Series C—
- Jan 2020Series A—
- Sep 2019Series A$10M
- Sep 2018Seed—
#6
Deadpooled · Shanghai, Shanghai · founded 2015 · 300 employees$203.6Mraised▾
51Zhaoyou is an online trading platform that connects buyers and sellers of petroleum products. The items sold on the platform include various grades of petrol and diesel. The company assists in storage, logistics and financing for products.
- Aug 2018Series C$150M
- Aug 2017Series B$31.8M
- Apr 2017Series A$8M
- Dec 2016Series A$10M
#7
Zhaogang 🦄Public · Shanghai, Shanghai · founded 2012 · 1200 employees$393.8Mraised▾
Provides of an online B2B steel trading platform. It provides users with a platform that offers steel trading information service for both buyers and suppliers, commission-free in-site transactions for buyers, with sellers paying a transaction fee on the site. It also provides users with records of the daily trading volume of steel on its online platforms.
- Jul 2017Series F$73.7M
- Jun 2017Series F$32.3M
- Jan 2016Series E$153M
- Jan 2015Series D$100M
#8
Series D · Shanghai, Shanghai · founded 2016$130Mraised▾
Good Auto Parts (Shangze Technology) is an app-based B2B marketplace for auto spare parts. The platform connects auto repair shops to auto parts suppliers. Repair shops can search their desired products by publishing their demand on the platform based on which they get quotations from multiple suppliers. Buyers can compare the offers from suppliers and purchase from the supplier offering the best quote. Apps are available for both Android & iOS devices.
- Jun 2019Series D$60M
- Jan 2019Series C$60M
- Oct 2018Series B—
- Feb 2018Series A$10M
#9
Public · Shanghai, Shanghai · founded 2012 · 189 employees$10Mraised▾
Molbase began as a chemicals source and database platform, then transitioned to a B2B channels chemicals market. Currently, its platforms have over 80,000 active suppliers and buyers of chemicals conducting total merchandise transaction value of RMB60 billion annually. In December 2013, Molbase.com completed series A financing of US$10 million led by Chinese venture firm Innovation Works and Trustbridge Partners.In 2014, it received tens of millions U.S. dollars series B round of financing from undisclosed investors, and completed a series B+ round in June 2015 from Fosun Kinzon Capital. Molbase is expecting a revenue of 21.8 billion yuan ($3.43 billion) in 2015.
- Oct 2020Post IPO$5M
- Mar 2016Series C—
- Jun 2015Series B—
- Nov 2014Series B—
#10
Series B · Shanghai, Shanghai · founded 2015 · 300 employees$35.5Mraised▾
Haizol is an online platform which connects sourcing professionals and industrial equipment manufacturers. It also has an academic platform "Haizol academy" where sourcing professionals are informed on the latest news regarding their purchases and videos, interviews of supply chain directors in MNCs. The platform includes equipment related to machining, fabrication, molding, casting etc.
- Mar 2019Series B$14.9M
- 2018Series B$14.5M
- Jul 2017Series A$6M
- Apr 2016Series A—
#11
Public · Shanghai, Shanghai · founded 2002 · 641 employees$27.8Mraised▾
ICkey is an e-distributor of industrial components. The product catalog includes semi-conductors, PCB boards, connectors, transistors, passive devices, and more. A few of the brands associated with the company are Amphenol, HRS, Phoenix Contact, Wago, Mole, and more.
- May 2020Series D—
- Jun 2018Series C$27.8M
- Aug 2015Series B—
- May 2014Series A—
#12
Deadpooled · Shanghai, Shanghai · founded 2015$51.5Mraised▾
Online B2B platform for trading fabrics. The marketplace platform connects suppliers of fabrics with businesses that demand them. Businesses can publish their specific requirements on the platform and get quotes from suppliers. They can also browse through the available products, ask for samples, and buy directly. The products listed include cotton fabrics, knitted fabrics, chemical fabrics, and accessories. Suppliers can list their products on the platform based on a membership plan.
- Jul 2017Series B$30M
- Apr 2016Series B$15M
- Mar 2015Series A$6.5M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of B2B E-Commerce coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.