Best B2C E-Commerce Companies in China
The 245 best B2C E-Commerce companies in China in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: ke.com.
China's B2C E-Commerce market is one of the most capital-dense arenas on earth, and this directory ranks the top companies operating in it by disclosed equity funding and recent funding momentum. We're tracking 245 companies here, with $6.5B in total disclosed funding across the cohort. The global B2C E-Commerce market sits at roughly $266.0B and is forecast to hit $504.0B by 2027 at an 8.12% CAGR, with social commerce and mobile penetration doing most of the pulling. Ke.com leads this directory at $3.6B raised, followed by Lalamove at $2.3B. One unicorn in the mix. L Catterton and Sequoia Capital are the most active investors backing these names.
So what's moving the needle right now? Retail expenditure trends and holiday sales performance are the themes drawing the most coverage this quarter, and the funding signals are following. Regulatory challenges remain a real structural overhang for players scaling in China, which explains why you see capital concentrating at the top rather than spreading evenly down the stack. Even globally, the IPO pipeline is stirring, with Salebhai's BSE approval signaling that public markets are reopening for e-commerce challengers. The directory below gives you the full picture, sorted by funding.
- ResearchAndMarkets.com
- Technavio
Ranked: Best B2C E-Commerce companies in China
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | ke.com Beike is a platform that enables real estate agents to list second-hand property, new property, and rental… | $3.6B | 79 mo ago | Public | — | 2001 | — | — |
| 2 | Lalamove 🦄 Lalamove is a logistics company that provides on-demand and same-day delivery services. | $2.3B | 54 mo ago | Series F | — | 2013 | HubSpot CMS HubYouTubeAmazon Web Services+34 | 1 expansion |
| 3 | huya.com Huya.com is a Chinese interactive broadcast platform. | $537M | 99 mo ago | Acquired | — | 2014 | BootstrapGoogle Font APIFont Awesome+7 | — |
| 4 | Epet Developer of an e-commerce platform intended to offer high-end pet products. | $50M | 89 mo ago | Series B | — | 2008 | Cart FunctionalityAnimate.cssVue.js+8 | — |
| 5 | Octmami Chinese brand focused on the design, development, and selling of maternity dresses. | $6M | 180 mo ago | Deadpooled | Pu Zhao Founder | 1990 | — | — |
| 6 | Jinhuatuo Operator of an online traditional Chinese Medicine platform intended to serve the medical sector in China. | $1M | 82 mo ago | Series A | — | 2013 | — | — |
| 7 | gogobot Gogobot is a provider of travel services such as transportation ticketing, reservations, packaged tours, and… | — | 64 mo ago | Public | — | 1999 | DrupalPHPAmazon Web Services+16 | 2 partnerships · 1 expansion · 1 award |
| 8 | Jiasudu Provider of on-site phone repair and recycling service to individuals. | — | 95 mo ago | Series A | — | 2009 | — | — |
Top 10 B2C E-Commerce companies in China
#1
Lalamove 🦄Series F · Hong Kong, Hong Kong Island · founded 2013 · 249 employees$2.3Braised▾
Provider of an on-demand logistics platform created to connect drivers with customers and SME businesses to fulfill same-day deliveries. The company's platform offers van-hailing and courier services on demand where customers and drivers receive a match instantly in at 24/7 basis, and customers can track vehicles in real-time and rate drivers, enabling businesses to quickly scale up their deliveries and operations.
#2
Public · Beijing, Beijing · founded 2001 · 98540 employees$3.6Braised▾
KE Holdings Inc is engaged in operating an integrated online and offline platform for housing transactions and services in the People's Republic of China. The company through its Beike platform reinvents how service providers and housing customers efficiently navigate and consummate housing transactions, ranging from existing and new home sales, home rentals, to home renovation, real estate financial solutions, and other services. It operates in Four operating segments Existing home transaction services; New home transaction services; Home renovation and furnishing and Emerging and other services. The company generates maximum revenue from New home transaction services segment.
#3
Acquired · Guangzhou, Guangdong · founded 2014 · 1521 employees$537Mraised▾
Established in 2011, Huya is the largest online game livestreaming company in China. Headquartered in Guangzhou, Huya mainly provides livestreamed videos on esports games such as League of Legends and Honor of Kings and collects virtual tips from viewers. Its products include the Huya Live platform in China and Nimo TV in Southeast Asia and South America. As of the end of 2021, Huya was a subsidiary of Tencent, which owned 47% of its equity stake and held 70% of the voting power.
#4
Series B · China · founded 2008 · 280 employees$50Mraised▾
Developer of an e-commerce platform intended to offer high-end pet products. The company's e-commerce platform offers high-end pet products, such as food, toys, healthcare, clothes and cosmetics for cats and dogs, enabling pet owners to get pet related products through a single platform.
#5
Series A · China · founded 2013 · 50 employees$1.5Mraised▾
Operator of an online traditional Chinese Medicine platform intended to serve the medical sector in China. The company's platform focuses on the education of traditional Chinese medicine, offers online and offline medical assistance and other health consultation services. The company's concept is to use the internet to change the stereotypical beliefs about traditional Chinese medicine, help doctors establish their personal brands, and better utilize the high-quality medical resources.
#6
Deadpooled · Shanghai, Shanghai · founded 1990$6.5Mraised▾
Provider of an online platform designed to offer maternity dresses. The company's platform focuses on the design, development and selling of maternity dresses, enabling women to help their baby grow up healthily.
#7
Public · Palo Alto, California · founded 1999 · 32202 employees—raised▾
Trip.com is the largest online travel agent in China and is positioned to benefit from the country's rising demand for higher-margin outbound travel as passport penetration is only 12% in China. The company generated about 78% of sales from accommodation reservations and transportation ticketing in 2020. The rest of revenue comes from package tours and corporate travel. Prior to the pandemic in 2019, the company generated 25% of revenue from international business, which is important to its margin expansion. Most of sales come from websites and mobile platforms, while the rest come from call centers. The competes in a crowded OTA industry in China, including Meituan, Alibaba-backed Fliggy, Toncheng, and Qunar. The company was founded in 1999 and listed on the Nasdaq in December 2003.
#8
Series A · China · founded 2009 · 120 employees—raised▾
Provider of on-site phone repair and recycling service to individuals. The company provides customers with on-site phone repair and recycling services to provide them convenience by sending the repair men to customers' location.
#9
Public · China · founded 1999 · 3359 employees—raised▾
Fang Holdings Ltd operates in the Chinese internet portal industry. The company handles a real estate business through its web platform, www.fang.com, and a mobile application. The website serves as a one-stop avenue for the users to buy new and second homes, office buildings, and accommodation facilities available for rent in different parts of China. Real estate buyers can also avail of other services such as entrusted loans, mortgage loans, and other financial services that the company provides in the event of its credit assessment requirements being fulfilled. The group generates most of its revenues from new home sales through its e-commerce platform. A part of its income is also derived from marketing, listing, and financial services.
#10
Funding Raised · Xiamen, Fujian · founded 1993 · 4979 employees—raised▾
Luxury fashion apparel and accessories brand for women
Funding & investor landscape
Market landscape — 10 sub-themes by coverage
Share of B2C 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.