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Radar · Online Grocery in China

Best Online Grocery Companies in China

The 241 best Online Grocery companies in China in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Xingsheng.

241companies tracked
$24.7Bdisclosed funding
8unicorns
124have raised

China's Online Grocery sector has drawn more capital than most markets dare to imagine — and this directory ranks the best Online Grocery companies operating in China by disclosed equity funding and recent funding momentum. $24.7B across 241 tracked companies. Eight unicorns. That's not a nascent market; that's a proven one.

Xingsheng leads with $4.9B raised, followed by Xingsheng Community Network Service at $3.7B and Pinduoduo at $3.2B. So the top three alone account for more than half the sector's disclosed stack. Backers like Alibaba Group, Sequoia Capital and GGV Capital aren't betting on a maybe. The global runway backs them up: ResearchAndMarkets.com puts the global market at roughly $350.6B in 2022 and forecasts it hitting $2,778.4B by 2032 at a 24.6% CAGR. China's community-group-buying model, pioneered by players like Missfresh and Dingdong Maicai, sits right at the infrastructure center of that curve. If you're wondering what unconquered territory still looks like in internet commerce, online grocery keeps coming up as the answer. And I'd agree. Payment integration and last-mile logistics are the current pressure points shaping where the next funding rounds will land.

Ranked: Best Online Grocery companies in China

#CompanyDisclosed fundingLast roundStageFoundedFounderPatents & IP focusRecent signals
1Xingsheng 🦄
Community e-commerce platform empowering local stores and transforming consumer lifestyles
$4.9B59 mo agoSeries D2013Zhou Yingjie
Co-Founder
4 patents
Patents concentrated in chemistry & materials
—
2Xingsheng Community Network Service 🦄
Provider of chain community for supermarket brand operator
$3.7B63 mo agoFunding Raised2009Furong Xingsheng
Founder
——
3Pinduoduo
Innovative e-commerce platform connecting consumers with a wide range of products
$3.2B65 mo agoPublic2015Lei Chen
CEO
——
4Missfresh 🦄
App based platform offering multi-category grocery products
$1.7B47 mo agoAcquired2014Xu Xiaohui
Co-Founder
——
5Beijing Freebee Electronic Commerce
Provider of self check-out solutions for retail stores
$1.5B72 mo agoSeries C2016Zhuang Chenchao
Founder
——
6Dingdong Maicai
Online retailer of grocery products
$1.3B61 mo agoPublic2017Liang Changlin
Founder & CEO
——
7Meicai 🦄
B2B platform offering multi-category farm products
$1.3B92 mo agoSeries F2014———
8Beijing Shihui Technology 🦄
Online distributor of groceries facilitating group buying
60Moat top 15%Funding top 24%Market top 38%Talent bottom 49%
All 6 signals ▾
Moattop 15%
Fundingtop 24%
Markettop 38%
Talentbottom 49%
Globalbottom 36%
Newsbottom 27%
Moat: Editorial + unicorn rating 9/10 · Unicorn
Funding: Raised $1.2B across 6 rounds · 6 rounds over 8 yrs (0.8/yr)
rank vs industry peers · Fliar Intelligence Index 60/100
$1.2B62 mo agoSeries D2018Wang Peng
Co-Founder
——
9Huitongda
Provider of logistics services for online businesses
$994M61 mo agoPublic2008———
10Yijiupi 🦄
Online B2B distribution platform offering multi-category alcoholic beverage products
$642M76 mo agoSeries D2014Sheng Chen
Co-Founder
——
11Huimin 🦄
Online B2B retailer platform offering grocery products
$522M65 mo agoSeries C2013Zhang Yichun
Founder & Chairman
59 patents
Patents concentrated in chemistry & materials
—
121919
Online retail marketplace to purchase alcohol
$334M91 mo agoSeries C1998———
13Benlai
Online platform to order premium groceries
$317M80 mo agoSeries D2012—2 patents
Precise low‑flow fluid control valves for micro‑hydraulic and medical dispensing systems
—
14Yiguo
Online retailer offering grocery supplies
$300M106 mo agoSeries D2005—5 patents
Automated trench‑digging/fertilizing equipment and marine wastewater treatment technologies
—
15Jiuxian 🦄
Online retailer for Liquor
$264M130 mo agoSeries G2009———
16Fruitday
Online B2C platform for imported fruits
$205M118 mo agoSeries D2009———
17Freshmarket
Online B2C supplier of groceries from farm to nearby collection points
$154M82 mo agoSeries C2012———
18Jiubianli
Retail and O2O platform for liquor ordering and delivery
$141M99 mo agoSeries C2010———
19Ds365
Online B2B marketplace for FMCG goods
$127M114 mo agoDeadpooled2014Ning Song
Founder
——
20Anlaiye
Mobile app for students on campus to order groceries from local businesses
$124M47 mo agoDeadpooled2014———
21Xianlife
Online retailer of cross-border grocery products
$112M90 mo agoSeries C2014———
22Beequick
O2O booking service from local merchants promising 1 hour delivery
$110M115 mo agoAcqui-Hired2014———
23Xiaoqule
Online community-based group-buying platform
$108M90 mo agoDeadpooled2018Ma Xintong
Founder
——
24The radish
Internet first grocery retailer
$100M83 mo agoDeadpooled2015Li Yang
Founder
——
25BingoBox
Operator of smart retail stores
$95M101 mo agoSeries B2017Benny Lin
Founder & CEO
——
26Ubox
Producer of smart vending machines
$85M81 mo agoAcquired2010———
27Oh Plus Network Technology
Checkout-free convenience store and snack bar
$71M96 mo agoDeadpooled2017Michael Lv
Founder
——
28ShanDianGou
On-demand grocery delivery from local stores
$66M118 mo agoDeadpooled2014wang yongsen
Founder & CEO
——
29Urfresh
Online retailer of imported fruits
$55M104 mo agoDeadpooled2015Wang Haihui
Co-Founder
——
30Chunbo
Online platform for ordering food grocery
$45M136 mo agoSeries A2014Belinda Wang Xin
Founder
23 patents
Wireless communication hardware and IoT systems for transport infrastructure and environmental sensing
—
31Zhai
Online grocery store focused at college students
$45M129 mo agoDeadpooled2014—12 patents
Smart self‑resetting electronic lock cores powered by key‑derived energy
—
32Wine9
Online retailer of imported wine and beer
$45M138 mo agoSeries C2009Zhang Huijun
Founder
——
33Yesmywine
Online wine retailer (mostly imported)
$43M181 mo agoAcquired2008———
34Ningbo Seafood Information Technology
Digital platform providing integrated services for the fishing industry
$42M97 mo agoSeries C2015Ye Ning
Founder
——
35Freshfresh
Online platform to order farm fresh groceries
$40M93 mo agoSeries A2013Adrian Fang
Co-Founder & CEO
——
36Magic Box Citybox
Smart vending machines for offline retailers
$40M97 mo agoSeries B2016Shen Bowei
Co-Founder & CEO
——
37Zhoupu Data
Data and AI solutions empowering fast-moving consumer goods businesses
$39M51 mo agoSeries B2015Mu Wei
Co-Founder
——
3859Store
Online grocery store providing night delivery to college students
$36M129 mo agoDeadpooled2011Zhou Kunpeng
CEO
——
39Xiaoqu Kuaidian
Hyperlocal grocery delivery
$31M125 mo agoDeadpooled2014Huang Kai
Founder
——
408dol
O2O platform for ordering snacks and packaged food for college students
$31M117 mo agoSeries C2013Gu Wen
Founder & CEO
——
41Tony's Farm
Organic farm providing fresh produce, delivery, and agritourism experiences
$30M144 mo agoSeries C2009———
42Loukou
On-demand grocery delivery
$24M135 mo agoDeadpooled2014Zhang Jianhong
Co-Founder
——
43YMT.com
Online B2B marketplace offering agro products
$20M89 mo agoPublic2011———
44Gfresh
Online global marketplace platform for users to sell seafood in China
$20M115 mo agoSeries A2014———
45Youpeiliangpin
Online B2B platform for ordering fresh farm products
$20M118 mo agoDeadpooled2015Shi Qingdong
Founder
——
46Panda Does Not Go
Online brand offering cakes
$15M56 mo agoDeadpooled2017Yang Zhenhua
Founder & CEO
——
47Tegoushe
Online platform to buy imported groceries
$15M93 mo agoDeadpooled2014Huang Ruo
Founder
——
48Niwoning
Online platform offering multi-category grocery products
$15M90 mo agoDeadpooled2016Liu Kai
Founder
——
49Meiweishenghuo
Manufactures and supplies smart vending machines
$14M103 mo agoSeries A2017Dianping Meituan
Founder
——
50Renhe Hotel Intelligent Vending Machines
Provider of smart vending machines for hotel businesses
$7M44 mo agoSeries A————

Top 12 Online Grocery companies in China

#1
Series D · Changsha, Hunan · founded 2013 · 171 employees
$4.9Braised
▾

Community e-commerce platform empowering local stores and transforming consumer lifestyles. Operates on a "pre-sale + self-pickup" model, enabling online ordering with next-day local pickup. Focused on revitalizing local stores, empowering upstream suppliers, and changing consumer lifestyles. The company emphasizes user experience, cost reduction, and in-depth market penetration. It has a self-built logistics network with a three-tier system ensuring product quality and timely delivery, connecting agricultural products to urban areas and industrial goods to rural communities. The platform offers opportunities for supplier onboarding, store partnerships, and career openings. It aims to revitalize millions of physical convenience stores, connect global brands to countless households, and transform the way families live.

Funding rounds
  • Jul 2021Series D$300M
  • Feb 2021Series D$3B
  • Jan 2021Series C$100M
  • Dec 2020Series C$700M
Founders & team
Zhou YingjieCo-FounderLiu HuiyuCo-FounderLihua YueCo-Founder
Investors
Ontario Teachers' Pension Plan, Tencent, FountainVest Partners, Primavera, KKR, Tiger Global Management
#2
Acquired · Beijing, Beijing · founded 2014 · 57 employees
$1.7Braised
▾

App based platform offering multi-category grocery products. The platform offers a range of products like snacks, cooking oil, beverages, dairy products, fruits, vegetables, grains, meat, and more.

Funding rounds
  • Jul 2022Post IPO$29.6M
  • Mar 2022Post IPO—
  • Dec 2020Series F$306M
  • May 2020Series F$500M
Founders & team
Xu XiaohuiCo-FounderXu ZhengCo-Founder & CEOZeng BinCo-Founder
Investors
Tiger Global Management, Genesis Capital, Yorkville Advisors, CICC Capital, Industrial and Commercial Bank of China, Tencent
#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.

Funding rounds
  • Dec 2020Post IPO$500M
  • Mar 2020Post IPO$1.1B
  • Sep 2019Post IPO$875M
  • Apr 2018Series D$3B
Founders & team
Lei ChenCEO
Investors
Banyan, Hillhouse, Boyu Capital, Tencent, New Horizon Capital, IDG Capital
Tech stack
BabelCore-JsExpressHstsHttp/3Java
#4
Funding Raised · Changsha, Hunan · founded 2009
$3.7Braised
▾

Provider of chain community for supermarket brand operator. The company operates through franchise stores and provides ordering, food supplies, warehousing, logistics, and distribution services. It also enables users to provide last-mile delivery.

Founders & team
Furong XingshengFounder
Investors
Tencent, Level One Fund
#5
Series D · Chaoyang, Beijing · founded 2018
$1.2Braised
▾

Online distributor of groceries facilitating group buying. It provides a platform for farmers, retailer, and others in the food retail chain. Customers can buy farm produce in groups through neighbourhood stores listed on the platform.

Fliar Intelligence Index™ 60how this company ranks against its industry peers
Moat
top 15%
Funding
top 24%
Market
top 38%
Talent
bottom 49%
Global
bottom 36%
News
bottom 27%
Moat: Editorial + unicorn rating 9/10 · Unicorn
Funding: Raised $1.2B across 6 rounds · 6 rounds over 8 yrs (0.8/yr) · Last round Series D (Mar 2021)
Market: Unicorn
Funding rounds
  • Mar 2021Series D$750M
  • Nov 2020Series C$196M
  • Jul 2020Series C$80M
  • Jun 2020Series C$81.4M
Founders & team
Wang PengCo-Founder
Investors
Zhen Fund, Qiming Venture Partners, Joy Capital, Alibaba Group, China Growth Capital, Alibaba
#6
Public · Pudong, Shanghai · founded 2017 · 3363 employees
$1.3Braised
▾

100.me is an online retailer of grocery products. It offers vegetables, fruits, meat, eggs, seafood, kitchen supplies, and others. Claims to deliver orders within 29 minutes after placing the orders. The mobile application is available for Android users.

Funding rounds
  • May 2021Series D$330M
  • Apr 2021Series D$700M
  • May 2020Series C$300M
  • Jul 2019Series B—
Founders & team
Liang ChanglinFounder & CEO
Investors
General Atlantic, DST Global, Coatue, Tiger Global Management, CMC Capital, Ocean Link
Tech stack
Baidu Analytics (百度统计)CloudflareCloudflare Bot ManagementFancyboxFingerprintjsJquery
#7
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
#8
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
#9
Meicai 🦄
Series F · Beijing, Beijing · founded 2014 · 30000 employees
$1.3Braised
▾

B2B platform offering multi-category farm products. The company offers an online fresh food aggregator platform designed to connect farmers and restaurants. The company allows customers including businesses and restaurants order directly from the farms, enabling farmers to sell vegetables directly to restaurants. The product catalog includes vegetables, fruits, meat, seafood, and more.

Funding rounds
  • Oct 2018Series F$600M
  • Jan 2018Series E$450M
  • Jun 2016Series D$200M
  • Aug 2015Series C—
Investors
Tiger Global Management, Genesis Capital, Meituan, H Capital Advance, Blue Lake Capital, Shunwei Capital
#10
Yijiupi 🦄
Series D · Beijing, Beijing · founded 2014 · 73 employees
$642.2Mraised
▾

Online B2B distribution platform offering multi-category alcoholic beverage products. The product catalog includes wine spirits, snacks, and more.

Funding rounds
  • Feb 2020Series D—
  • Aug 2019Series D$80M
  • Mar 2019Series D$100M
  • Aug 2018Series D$200M
Founders & team
Sheng ChenCo-FounderChaocheng WangCo-Founder & CEOStone TaoCo-Founder
Investors
GLP, Source Code Capital, Bertelsmann Asia Investments, Lighthouse Capital, Greenwoods Investments, Meituan
#11
Huimin 🦄
Series C · Beijing, Beijing · founded 2013
$521.9Mraised
▾

Huimin is an online B2B retailer platform offering grocery products. The company offers products for local convenience stores, supermarkets, and consumers. Its product offerings include food & drink, daily products, and more. The company's hyperlocal ordering app allows consumers to place orders from nearby stores. In addition to its B2B and B2C vertical also offers PoS systems and financial services integrated with Huimin's offerings through hftcom.com.

Funding rounds
  • Dec 2020Series C$2.1M
  • Sep 2019Series C$224.8M
  • Sep 2016Series B$195M
  • Jan 2015Series A$100M
Founders & team
Zhang YichunFounder & Chairman
Investors
Incofin Investment Management, CITIC Capital, ZSVC, Shenzhen Fortune Venture Capital, GP Capital, Fosun
#12
Deadpooled · Shanghai, Shanghai · founded 2014 · 54 employees
$124.3Mraised
▾

Operator of an integrated on-demand delivery platform designed specifically for college students in China. The company partners with retailers, restaurants, media companies and other social media platforms popular in universities to create a local life service platform, delivering a variety of products including food, hygiene products and other daily necessities to college students.

Investors
Shanshan, Frost & Sullivan, NewMargin Ventures, WEPLUS, Jiangsu Eastide Group, Senma

Funding & investor landscape

$24.7Btotal disclosed funding
94companies funded
191disclosed rounds
1rounds last 90 days
Most active investors
Zhen Fund10 rounds
Sequoia Capital8 rounds
GGV Capital7 rounds
Alibaba Group5 rounds
Fosun5 rounds
Gaorong Capital5 rounds
Luminous Ventures5 rounds
Meituan5 rounds
Qiming Venture Partners5 rounds
Shunwei Capital5 rounds

Notable founders

Zhou Yingjie
Co-Founder · Xingsheng
Liu Huiyu
Co-Founder · Xingsheng
Xu Xiaohui
Co-Founder · Missfresh
Xu Zheng
Co-Founder & CEO · Missfresh
Lei Chen
CEO · Pinduoduo
Furong Xingsheng
Founder · Xingsheng Community Network Service
Wang Peng
Co-Founder · Beijing Shihui Technology
Liang Changlin
Founder & CEO · Dingdong Maicai
Zhuang Chenchao
Founder · Beijing Freebee Electronic Commerce
Sheng Chen
Co-Founder · Yijiupi
Chaocheng Wang
Co-Founder & CEO · Yijiupi
Zhang Yichun
Founder & Chairman · Huimin
Prism market signals · China · country-scoped Prism corpus, 3,951,592 docs

Market landscape — 10 sub-themes by coverage

Share of Online Grocery coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Online Grocery companies are there in China?
Radar tracks 241 indexable Online Grocery companies headquartered in China that meet our profile-completeness bar.
What is the total funding raised by Online Grocery companies in China?
The Online Grocery companies in China on this list have raised a combined $24.7B in disclosed equity funding across 94 funded companies.
Which is the highest-funded Online Grocery company in China?
Xingsheng is the highest-funded Online Grocery company in China, with $4.9B in disclosed equity funding.
How many Online Grocery companies in China are funded?
94 of the 241 Online Grocery companies in China on this list have disclosed at least one equity funding round.
How many Online Grocery unicorns are there in China?
8 Online Grocery companies in China on this list are valued at $1B or more.
Who are the top investors in China Online Grocery companies?
The most active investors in China Online Grocery companies on this list include Zhen Fund, Sequoia Capital, GGV Capital, Alibaba Group, Fosun.
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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