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Radar · In Store Retail Tech in China

Best In Store Retail Tech Companies in China

The 140 best In Store Retail Tech companies in China in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Beijing Freebee Electronic Commerce.

140companies tracked
$3.9Bdisclosed funding
2unicorns
62have raised

China's In Store Retail Tech sector is one I keep coming back to, and if you want to know which companies have actually raised serious capital, this directory ranks 140 tracked players by disclosed equity funding and recent momentum. Total disclosed funding sits at $3.9B across those companies, which is a number that earns your attention fast.

Beijing Freebee Electronic Commerce leads the pack at $1.5B raised, with Huitongda close behind at $994M. Two unicorns have emerged from this cohort, and backers like Tencent, Ant Group, and GSR Ventures are the names showing up repeatedly on cap tables. So what's pulling capital in? Demand drivers are practical ones: customer traffic analytics, inventory management, and the commercial data infrastructure that bricks-and-mortar operators increasingly can't function without. Against a global market of roughly $8.9B, China's slice looks proportionally muscular, and median app install growth of around 20% year-over-year across 818 retail-adjacent apps confirms that the digital layer on top of physical retail isn't cooling off. One structural headwind worth noting: regulators have been shifting more tax burden onto retailers directly, which makes cost-efficiency tech a harder sell to ignore. Companies like Jushuitan ($225M) and Zhongmeng Technology ($252M) are precisely the kind of bets the market is making on that pressure.

Sources & further reading
  • GS1 US

Ranked: Best In Store Retail Tech companies in China

#CompanyDisclosed fundingLast roundStageEmployeesFounderTech stackRecent signals
1Beijing Freebee Electronic Commerce
Provider of self check-out solutions for retail stores
$1.5B72 mo agoSeries C500Zhuang Chenchao
Founder
——
2Huitongda
Provider of logistics services for online businesses
$994M61 mo agoPublic4,630———
3Zhongmeng Technology
Location-based data management platform
$252M103 mo agoDeadpooled600Yu Jingtao
Co-Founder
——
4Jushuitan 🦄
SaaS-based ERP solutions for e-commerce retailers
$225M72 mo agoPublic2,500Luo Haidong
Founder & CEO
——
5AiBee 🦄
Provider of voice recognition, language understanding, and data analysis services
$175M51 mo agoSeries B20———
6Duiba
Provider of mobile app which integrates with online retail operations
$115M93 mo agoSeries C—Chen Xiaoliang
Founder & CEO
——
7BingoBox
Operator of smart retail stores
$95M101 mo agoSeries B200Benny Lin
Founder & CEO
——
8Ubox
Producer of smart vending machines
$85M81 mo agoAcquired2,127—NginxOpenResty—
9Clobotics
Provides drone data management solutions
$84M63 mo agoSeries A11Mads Rasmussen
Managing director
WordPressMySQLPHP+18—
10Oh Plus Network Technology
Checkout-free convenience store and snack bar
$71M96 mo agoDeadpooled—Michael Lv
Founder
——
11SUNMI
Manufacturer of terminals, pads, kiosks, and related accessories and services
$61M88 mo agoPublic885Wang Zhen
Co-Founder & COO
Node.jsAnt DesignReact+14—
12Zhoupu Data
Data and AI solutions empowering fast-moving consumer goods businesses
$39M51 mo agoSeries B200Mu Wei
Co-Founder
——
13Appconomy
Context aware mobile app developer for retail stores
$37M130 mo agoDeadpooled8———
14Shanghai Hao Information Technology
Retail marketing and advertising solutions
$20M94 mo agoSeries B300———
15Shenzhen Jijia Cross-border Network Technology
Cloud based cross border enterprise resource planning software provider
$19M45 mo agoSeries A————
16Ulucu
Provider of cloud-based video surveillance network solutions for shopping malls
$16M90 mo agoSeries C230Shen Xiuping
CEO
Node.jsElement UIVuetify+13—
17Shenzhen Kemai Technology
Provider of multiple solution for retail and catering industries
$15M63 mo agoSeries B470—Vue.jslit-htmllit-element+5—
18Face Face
Platform offering customer intelligence solution for offline businesses
$14M60 mo agoSeries B—Pu Xizhe
Co-Founder
——
19Yo-Ren
CRM and EPR for retail stores
$12M87 mo agoSeries A102Sam Kaneda
Founder & CEO
——
20Shanghai Lingmo Intelligent Technology
Provider of intelligent product recognition systems for offline retailers
$11M57 mo agoSeries A—Fan Lingyun
CEO
——
21Cloudpick
Platform offering suite of software solutions to offline retailers
$7M51 mo agoSeries A18Rosie Z
Co-founder & COO
PHPanime.jsAnimate.css+101 launch · 1 partnership
22ScanTrust
Counterfeiting protection for retailers and brands
$6M44 mo agoSeries A39Nathan Anderson
CEO & Co-founder
WordPressMySQLPHP+252 job openings
23Cloudream
Products with display and tools to enable virtual trials of fashion products in retail stores
$5M132 mo agoDeadpooled————
24Ibox
Provides mPoS hardware and software solution.
$5M127 mo agoSeed18Pavel Sadovnikov
Founder & CEO
Animate.cssMicrosoft ASP.NETRequireJS+9—
25Maijiayun
Comprehensive SaaS based ERP solution
$5M127 mo agoSeries A—Zhaoxu Jun
Founder & CEO
——
26Win-Win
Cloud-based business management platform for offline retailers
$4M68 mo agoSeries A50———
27AI-MALL
Provider of AI-based image and video analytics solutions
$3M54 mo agoSeries A—Celine
Co-Founder
——
28CloudTrek
Cloud-based software solutions for omnichannel jewelry stores
$3M72 mo agoSeries A15Michael Wang
Founder & CEO
——
29senguo
Retail management solution for wholesalers
$2M54 mo agoSeed3———
30Beacon
Beacon technology solution for retail stores
$2M118 mo agoDeadpooled15———
31Huayang Xintong
O2O SaaS tool and PoS for brands and retail stores
$2M140 mo agoSeries C—Huang
CEO
——
32Shanghai Shangrui Intelligent Technology
AI-based POS hardware solutions for offline retailers
$1M89 mo agoSeed—Stella Sun
Co-Founder & CMO
PHPLayuiNginx+6—
33Jiuzhang Data
Provider of data-driven solutions for retail business operations and management
$1M48 mo agoSeries A—Zhang Shilei
Founder & CEO
——
34PassKit
Proximity marketing and loyalty solutions
$1M142 mo agoSeries B13Paul Tomes
Co-Founder and CEO
Google MapsMUIReact Router+26—
35Panda Payment
mPoS solution provider
$1M94 mo agoSeries A150Shai Davidor
CEO & MD
——
36CoolHobo
VR-based m-commerce platform for retailers to sell directly to Chinese consumers
$1M103 mo agoSeed26Huizhu Chen
Co-Founder & CMO
——
37Petsknow
Platform offering solution to open pet store
$987K65 mo agoSeries A40———
38Likeit
Offers POS systems for retail stores and commercial centres
$793K130 mo agoSeed131———
39Beijing Youbu Intelligent Technology
Provider of AI-enabled tech services for offline stores
$751K104 mo agoSeed—Ma Xiaoding
Founder
——
40Chongqing Yunyu World Information Technology
Smart convenience store
$432K100 mo agoDeadpooled—Kevin He
CEO
——
41Dayta
Provider of an AI and cloud-based video analytics platform for retailers
$100K35 mo agoSeries A35Patrick Tu
Co-Founder & CEO
——

Top 12 In Store Retail Tech companies in China

#1
Public · Nanjing, Jiangsu · founded 2008 · 4630 employees
$993.6Mraised
▾

Provider of logistics services for online businesses. It allows users to integrate with existing platforms to provide same-day deliveries. It also allows users to track parcels.

Funding rounds
  • May 2021Series E—
  • Dec 2020Series D—
  • Apr 2018Series D$716.4M
  • 2017Series C$73.5M
Investors
Huaxia Life Insurance, Coastal Capital, Xiaomi, Asia Green Fund, SDIC, China Structural Reform Fund
#2
Series C · Chaoyang, Beijing · founded 2016 · 500 employees
$1.5Braised
▾

Provider of self check-out solutions for retail stores

Funding rounds
  • May 2020Series C$14M
  • Jan 2018Seed—
  • Feb 2017Angel$300M
Founders & team
Zhuang ChenchaoFounder
Investors
Tenaya Capital, JDAC Capital, Silver Lake
#3
AiBee 🦄
Series B · Haidian, Beijing · founded 2014 · 20 employees
$175.4Mraised
▾

Provider of voice recognition, language understanding, and data analysis services. The platform leverages AI to analyze customer data, providing insights that support businesses understand their customers. Its marketing automation tools leverage AI algorithms to optimize marketing campaigns, and CRM systems automate tasks, personalize customer interactions, and streamline communication processes.

Funding rounds
  • Mar 2022Series B—
  • Apr 2021Series A—
  • Dec 2019Series A$74M
  • Nov 2018Series A$60M
Investors
Kunzhong Capital, Zhen Fund, China Growth Capital, K2VC, Lenovo Capital and Incubator Group, Sequoia Capital
Tech stack
GsapSlickJquery
#4
Public · Hangzhou, Zhejiang · founded 2014 · 2500 employees
$225.2Mraised
▾

SaaS-based ERP solutions for e-commerce retailers. It offer software for managing and streamlining businesses operations. It provides online distribution management, third-party storage management, collaborative supply chain management solutions, order management, data intelligence, financial management, and more.

Funding rounds
  • Jun 2020Series C$100M
  • Mar 2019Series B$44.7M
  • Nov 2018Series B$35.8M
  • Sep 2018Series B$14.6M
Founders & team
Luo HaidongFounder & CEO
Investors
Marriott Equity Investment Fund Management, SBCVC, Blue Lake Capital, ZCG, Shanghai Yuanhao Investment Management Company, CICC Capital
#5
Series A · Shanghai, Shanghai · founded 2016 · 11 employees
$83.9Mraised
▾

Provides drone data management solutions. It offers drone data acquisition flight services and a cloud-based data analysis and viewing software solution. It also offers IT consulting and data migration services to enterprise clients. It also provides drone-based wind turbine inspection and monitoring solutions.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 6k LinkedIn followers — 7.5% of this cohort's audience
Activity: 1 partnerships (incl. Charoen Pokphand Group (CP Group)) announced in 12 mo
Funding rounds
  • Mar 2021Series A$30.9M
  • Jan 2020Series A$10M
  • Aug 2019Series A$22M
  • Aug 2018Series A$11M
Founders & team
Mads RasmussenManaging director
Investors
Tiger Global Management, KTB Network, GGV Capital, Capital Development Investment Fund Management, CDIB Capital Group, GP Capital
Tech stack
CloudflareCloudflare Bot ManagementCookiebotGodaddyGoogle AnalyticsGoogle Tag Manager
#6
Deadpooled · Haidian, Beijing · founded 2013 · 600 employees
$252Mraised
▾

ZMENG is a precision marketing services platform that creates mobile ads, outlet store model. It relies on large data collection and mobile mass media resources, providing precision marketing, mobile Internet and big data applications. Its data platform provides passenger flow details, traffic visiting frequency and other data to compare store operations. It also gives a cloud portrait to check a customer's gender, age, occupation, spending habits etc.

Funding rounds
  • Nov 2017Series B$180M
  • Mar 2017Series B—
  • Jun 2016Series A—
  • May 2015Series A—
Founders & team
Yu JingtaoCo-FounderGuang YuhaoCo-Founder & CEOYang HailingCo-Founder
Investors
Shengjing 360, IDG Capital, Yunfeng Capital, Kunzhong Capital, JD Capital, Fosun
#7
Series B · Beijing, Beijing · founded 2015 · 200 employees
$39.2Mraised
▾

Data and AI solutions empowering fast-moving consumer goods businesses. The company provides complete technology solutions for the fast-moving consumer goods offline distribution industry, including digital distribution business, brand channel digital intelligence, and offline distribution aggregation services. It empowers the comprehensive upgrade of the fast-moving consumer goods offline distribution link efficiency and is committed to enabling every business person with data and intelligence. They offer solutions for distributors, including efficient operation, digital office, capability growth, and online-offline integration. For brands, they provide precise guidance and efficient collaboration for channel digital intelligence, focusing on store sales evaluation and data insights. Their platform utilizes AI algorithms and data to provide actionable store investment strategies. They offer data interoperability, business understanding, and agile response capabilities. This is a B2B SaaS and Software company.

Funding rounds
  • Mar 2022Series B$23.7M
  • Jan 2021Series B$15.5M
Founders & team
Mu WeiCo-FounderZou WenbiaoCo-FounderMiao JiangboCo-Founder & CEO
Investors
Frees Fund, SBVA, Yunfeng Capital, Shanghai Ivy Capital, Kunlun Capital
#8
Series C · Hangzhou, Zhejiang · founded 2014
$114.7Mraised
▾

Provider of mobile app which integrates with online retail operations. It offers enterprises prize management support, a personalized homepage, data reports etc. The features include multi-channel online customer service, intelligent data analysis, customized service, and more.

Funding rounds
  • Aug 2018Series C$110M
  • 2016Series B—
  • Nov 2015Series A$4.7M
Founders & team
Chen XiaoliangFounder & CEO
Investors
Orchid Asia Group, TPG, Yunyi Investment, Dingju Investment
#9
Acquired · Beijing, Beijing · founded 2010 · 2127 employees
$85Mraised
▾

UBox is a producer of smart vending machine. In addition to producing traditional vending machines, UBox uses intelligent systems and cloud technologies to create its O2O vending machines where customers can make purchases through their mobile app and then pick goods from offline vending devices located nearby. These machines support multiple payment options like credit/debit card, AliPay, WeChat, etc. Apart from retail sales, the company also creates revenue from ads on its online platform. It operates more than 30,000 vending machines in about 58 cities.

Funding rounds
  • Aug 2019Post IPO$225.9M
  • Jun 2017Post IPO$78.1M
  • Jul 2015PE$85M
  • Jul 2012Series B—
Investors
The Carlyle Group, Haier Capital, Primavera, Ant Group, Yunfeng Capital, NLVC
#10
Series B · Zhongshan, Guangdong Province · founded 2017 · 200 employees
$94.8Mraised
▾

Operator of smart retail stores. Its store has features like automated payments, order & inventory management, reporting & analytics, and more. It includes security measures such as an intelligent anti-theft system, cloud video storage facility, recovery of unpaid goods, and more. The registered users can enter the store by scanning the QR code, then purchase and pay for the products through the app at checkout.

Funding rounds
  • Jan 2018Series B$80M
  • Jul 2017Series A$14.8M
Founders & team
Benny LinFounder & CEO
Investors
GGV Capital, Ventech China, Qiming Venture Partners, Source Code Capital, Prometheus Capital, Fosun
#11
Series A · Shenzhen, Guangdong Province · founded 2017
$19.1Mraised
▾

Developer of an ERP SaaS platform designed for cross-border e-commerce corporates. The company's ERP platform helps users with business activities management, enabling users to build an efficient data-driven operation system and improve work efficiency.

Investors
Fosun RZ Capital, Universal Logistics, Seas Capital, Lighthouse Capital, Z Capital, Yunqi Partners
#12
Public · Shanghai, Shanghai · founded 2013 · 885 employees
$61.4Mraised
▾

Manufacturer of terminals, pads, kiosks, and related accessories and services. The company provides operating system and digital store solutions. It offers products such as interactive displays, mobile terminals, payment terminals, and desktop terminals. The business delivers warranty and care support for its products.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 65k LinkedIn followers — 76.3% of this cohort's audience
Funding rounds
  • Jan 2019Series C—
  • Aug 2017Series C—
  • Jun 2015Series B$16.1M
  • May 2015Series B$32.3M
Founders & team
Wang ZhenCo-Founder & COOPater LiCo-Founder & CMOJack LinCo-Founder & CEO
Investors
Xiaomi, Shenzhen Capital Group, Ant Group, Tyrannosaurus Asset Management, MFund, Luminous Ventures
Tech stack
Alibaba Cloud CdnAnt DesignAntv G2Baidu Analytics (百度统计)CloudflareCloudflare Bot Management

Funding & investor landscape

$3.9Btotal disclosed funding
42companies funded
85disclosed rounds
1rounds last 90 days
Most active investors
GSR Ventures4 rounds
Tencent4 rounds
Vision Plus Capital4 rounds
Yunfeng Capital4 rounds
Ant Group3 rounds
DCM Ventures3 rounds
Luminous Ventures3 rounds
Sequoia Capital3 rounds
Volcanics Venture3 rounds
Xiaomi3 rounds

Notable founders

Zhuang Chenchao
Founder · Beijing Freebee Electronic Commerce
Luo Haidong
Founder & CEO · Jushuitan
Mads Rasmussen
Managing director · Clobotics
Yu Jingtao
Co-Founder · Zhongmeng Technology
Guang Yuhao
Co-Founder & CEO · Zhongmeng Technology
Mu Wei
Co-Founder · Zhoupu Data
Zou Wenbiao
Co-Founder · Zhoupu Data
Chen Xiaoliang
Founder & CEO · Duiba
Benny Lin
Founder & CEO · BingoBox
Wang Zhen
Co-Founder & COO · SUNMI
Pater Li
Co-Founder & CMO · SUNMI
Michael Lv
Founder · Oh Plus Network Technology
Prism market signals · China · country-scoped Prism corpus, 3,913,305 docs

Market landscape — 10 sub-themes by coverage

Share of In Store Retail Tech coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many In Store Retail Tech companies are there in China?
Radar tracks 140 indexable In Store Retail Tech companies headquartered in China that meet our profile-completeness bar.
What is the total funding raised by In Store Retail Tech companies in China?
The In Store Retail Tech companies in China on this list have raised a combined $3.9B in disclosed equity funding across 42 funded companies.
Which is the highest-funded In Store Retail Tech company in China?
Beijing Freebee Electronic Commerce is the highest-funded In Store Retail Tech company in China, with $1.5B in disclosed equity funding.
How many In Store Retail Tech companies in China are funded?
42 of the 140 In Store Retail Tech companies in China on this list have disclosed at least one equity funding round.
How many In Store Retail Tech unicorns are there in China?
2 In Store Retail Tech companies in China on this list are valued at $1B or more.
Who are the top investors in China In Store Retail Tech companies?
The most active investors in China In Store Retail Tech companies on this list include GSR Ventures, Tencent, Vision Plus Capital, Yunfeng Capital, Ant Group.
Rohit KhannaTrends & Stories

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.

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