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Radar · Marketplaces in China

Best Marketplaces Companies in China

The 37 best Marketplaces companies in China in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Lalamove.

37companies tracked
$2.3Bdisclosed funding
1unicorns
1have raised

Ranked: Best Marketplaces companies in China

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackMarket signals (1y)Recent signals
1Lalamove 🦄
Lalamove is a logistics company that provides on-demand and same-day delivery services.
$2.3B57 mo agoSeries F—2013HubSpot CMS HubYouTubeAmazon Web Services+344 signals
Announcements
—
2gogobot
Gogobot is a provider of travel services such as transportation ticketing, reservations, packaged tours, and…
—67 mo agoPublic—1999DrupalPHPAmazon Web Services+16—1 partnership · 1 expansion
351ule.com
Operator of an online platform intended to provide travel services and ticket booking information.
——Private—2013———
48trip
8Trip is a China-based online travel service offering a platform that connects travel agencies with service…
——Private—2011———
5artable
Artable is a social enterprise, which focuses on supporting independent artists, designers, creators and…
——Deadpooled—2015———
6cango
Cango is an automotive transaction service platform in the China.
——Public—2010Node.jsRadix UITailwind CSS+85 signals ▲25%
Earnings · Funding
—
7coolshow
Coolshow is a group company integrating e-commerce.
——Private—2011———
8FaLv
Developer of a mobile application intended to provide law services.
——Private—2015———

Top 2 Marketplaces companies in China

#1
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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 179k LinkedIn followers — 63.7% of this cohort's audience
Activity: 1 expansions announced in 12 mo
Investors
Yolo Investments, Hillhouse, Shunwei Capital, HongShan, Mindworks Capital, Xiang He Capital
Tech stack
AhrefsAmazon Web ServicesAppsflyerAxiosBranchCdnjs
#2
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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 101k LinkedIn followers — 35.9% of this cohort's audience
Activity: 2 partnerships · 1 awards · 1 expansions (incl. Orange Travel) announced in 12 mo
Investors
Pzena Investment Management, Redpoint Ventures, Battery Ventures, Silas Capital, Juvo Capital, Yunqi Partners
Tech stack
Acquia Cloud PlatformAcquia Cloud Site FactoryAdobe AnalyticsAdobe Experience Platform Identity ServiceAdobe Experience Platform LaunchAmazon Web Services

Funding & investor landscape

$2.3Btotal disclosed funding
1companies funded
0disclosed rounds
0rounds last 90 days
Prism market signals · China · country-scoped Prism corpus, 3,712,381 docs

Market landscape — 10 sub-themes by coverage

Share of Marketplaces coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Marketplaces companies are there in China?
Radar tracks 37 indexable Marketplaces companies headquartered in China that meet our profile-completeness bar.
What is the total funding raised by Marketplaces companies in China?
The Marketplaces companies in China on this list have raised a combined $2.3B in disclosed equity funding across 1 funded companies.
Which is the highest-funded Marketplaces company in China?
Lalamove is the highest-funded Marketplaces company in China, with $2.3B in disclosed equity funding.
How many Marketplaces companies in China are funded?
1 of the 37 Marketplaces companies in China on this list have disclosed at least one equity funding round.
How many Marketplaces unicorns are there in China?
1 Marketplaces company in China on this list is valued at $1B or more.
Who are the top investors in China Marketplaces companies?
The most active investors in China Marketplaces companies on this list include a range of venture and angel investors.
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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