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Radar · Retail in Beijing

Best Retail Companies in Beijing, China

The 307 best Retail companies in Beijing, China in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Meituan.

307companies tracked
$23.9Bdisclosed funding
9unicorns
216have raised

Ranked: Best Retail companies in Beijing

#CompanyDisclosed fundingLast roundStageEmployeesFounderTech stackPatents & IP focusRecent signals
1Meituan
Online group-buying platform offering coupons for multi-category products and services
$9.9B93 mo agoPublic648Wang Xing
Co-Founder & CEO
Apple iCloud MailAnt DesignNginx+9—1 launch
2Beijing Freebee Electronic Commerce
Provider of self check-out solutions for retail stores
$1.5B72 mo agoSeries C500Zhuang Chenchao
Founder
———
3Xiaomi
Onlien brand offering consumer electronics, home appliances, and lifestyle products
$1.4B106 mo agoPublic1,001Wanqiang Li
Co-Founder & Senior Vice President
DrupalPHPZURB Foundation+206,934 patents
Mobile device hardware/software integration: biometrics, haptics, audio, secure payment, IoT communication
2 job openings
4Meicai 🦄
B2B platform offering multi-category farm products
$1.3B92 mo agoSeries F30,000—VideoJSVue.jsApache APISIX+3——
5Beijing 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 D—Wang Peng
Co-Founder
———
6Babytree 🦄
Pregnancy and parenting website + eCommerce platform for mothers
40Moat top 26%Funding top 29%Market top 34%Global bottom 36%
All 7 signals ▾
Moattop 26%
Fundingtop 29%
Markettop 34%
Globalbottom 36%
Growthbottom 35%
Techbottom 28%
Newsbottom 22%
Moat: Editorial + unicorn rating 9/10 · Unicorn
Funding: Raised $652M across 6 rounds · 6 rounds over 18 yrs (0.3/yr)
rank vs industry peers · Fliar Intelligence Index 40/100
$652M96 mo agoSeries G431—core-jsZeptoSwiper+4——
7Yijiupi 🦄
Online B2B distribution platform offering multi-category alcoholic beverage products
$642M76 mo agoSeries D73Sheng Chen
Co-Founder
———
8Vancl 🦄
Online retailer offering multi-category fashion products
$580M148 mo agoSeries G501—BootstrapNginxSwiper+9——
9Huimin 🦄
Online B2B retailer platform offering grocery products
$522M65 mo agoSeries C—Zhang Yichun
Founder & Chairman
—59 patents
Patents concentrated in chemistry & materials
—
10Wumart
Provider of multi-format retail and wholesale operations
$500M68 mo agoLate Stage33,034—BootstrapNginxFont Awesome+2——
11Mia 🦄
Online retailer for imported infant care products
$332M104 mo agoDeadpooled—Liu Nan
Founder
———
12XREAL 🦄
Provider of augmented reality smart glasses and immersive display technology
84Funding top 14%Market top 21%Tech top 22%Moat top 26%
All 10 signals ▾
Fundingtop 14%
Markettop 21%
Techtop 22%
Moattop 26%
Talenttop 28%
Newstop 36%
Producttop 36%
Globaltop 37%
Growthtop 45%
Customersbottom 35%
Funding: Raised $300M across 5 rounds · 5 rounds over 6 yrs (0.8/yr)
Market: 400 employees (top 5% of High Tech) · Top-500,000 web property
rank vs industry peers · Fliar Intelligence Index 84/100
$300M5 mo agoSeries D400Kejian Wu
Co-founder
Cart FunctionalityShopifyShop Pay+27—1 launch
13Ganji
Chinese domestic classifieds platform
$298M142 mo agoAcquired—Mark Haoyong Yang
Founder & CEO
———
14Dianxiaomi
Provider of cross-border solutions for e-commerce sellers
$254M46 mo agoSeries D600—Cart FunctionalityNode.jsUnoCSS+7——
15Zhongmeng Technology
Location-based data management platform
$252M103 mo agoDeadpooled600Yu Jingtao
Co-Founder
———
16Cheyipai
B2B used car trading platform
$230M117 mo agoAcquired17—BootstrapModernizrjQuery——
17HARMAY
Operates retail store of consumer goods
$200M52 mo agoSeries D400—SentryNode.jsstyled-components+9——
18Boqii
Online retail platform offering multi-category pet products
$197M72 mo agoPublic256—NginxZeptocore-js+6——
19Smartisan Technology
OEM of Smartphones and online retailer of digital products
$196M99 mo agoAcqui-Hired24Luo Yonghao
Founder & CEO
Cart FunctionalityChart.jsBackbone.js+714 patents
Smartphone UI/UX enhancements: camera capture, display control, menus, and voice recognition.
—
20AiBee 🦄
Provider of voice recognition, language understanding, and data analysis services
$175M51 mo agoSeries B20————
21SnowPlus
Internet-first brand offering vape products
$165M75 mo agoSeries B450Tiancheng Li
Co-Founder
Cart FunctionalityShopifyPayPal+13——
22Lashou
Location based daily-deals & group buying portal
$165M142 mo agoAcqui-Hired4,300——9 patents
Mobile commerce platforms enabling location-based deals, group buying, and personalized device sales
—
23Nuomi
Group buying website
$160M149 mo agoAcquired93Derek Shen
Founder
———
24Kai Shu’s storytelling
Online platform offering childrens digital storybooks
$154M75 mo agoSeries C62Wang Kai
Founder & CEO
Node.jsReactNext.js+4——
25Fat Tiger Technology
Retailer of luxury fashion products
$135M52 mo agoDeadpooled150————
26Meican
Online platform for ordering meals
$133M54 mo agoSeries E5————
27Ds365
Online B2B marketplace for FMCG goods
$127M114 mo agoDeadpooled—Ning Song
Founder
———
28Wandougongzhu
Online retailer of imported goods from Japan
$116M77 mo agoSeries C300————
29Xianlife
Online retailer of cross-border grocery products
$112M90 mo agoSeries C8————
30HIHEY.COM
Online art marketplace
$100M139 mo agoSeries B11He Bin
Founder & CEO
———
31Ubox
Producer of smart vending machines
$85M81 mo agoAcquired2,127—NginxOpenResty——
32Letao
Online Shoe Retailer
$84M173 mo agoDeadpooled—Sheng Bi
Founder&CEO
———
33AutoCloud Pro
Online distributor of auto parts & accessories
$73M81 mo agoDeadpooled400Wang Qun Le
CEO
———
340071515.com
On demand home renovation and repair services
$67M91 mo agoSeries C—Ke Baihua
Founder
———
35Nice
Photo sharing app with tags
$64M83 mo agoSeries D33——3 patents
Antimicrobial cleaning formulations using polyester‑polyether polymers and halogenated phenol agents
—
36Xiaohongchun
Community for women to share content
$64M118 mo agoDeadpooled—Robby Jiang
Founder & CEO
———
37IKongJian
Online marketplace for home improvement services
$62M107 mo agoSeries C—Wei Chen
Founder
SwiperjQuerySensors Data+1——
38Shangpin
Online luxury retailer
$60M178 mo agoSeries C—David Zhao
Founder & CEO
———
39La Miu
Online lingerie private label
$55M170 mo agoDeadpooled127——6 patents
Patents concentrated in computing, sensing & instrumentation
—
40Helijia
Online platform to book on-demand beauty services at home
$55M69 mo agoSeries D36————
41Xin Shang
Online consignment platform for luxury second-hand fashion products
$53M101 mo agoSeries C—Bowen Dong
Founder & CEO
———
42Nebula Brands
Platform acquiring Amazon brands
$50M46 mo agoSeries B37Ryan Ren
Co-Founder
———
43Idsbuybuybuy.com
Online platform offering multi-category beauty products
$40M67 mo agoSeries B100————
44Zhoupu Data
Data and AI solutions empowering fast-moving consumer goods businesses
$39M51 mo agoSeries B200Mu Wei
Co-Founder
———
45Zaozuo
Marketplace for furniture designers and independent agencies
$38M69 mo agoSeries C18Wei Shu
Founder & CEO
———
46Dabanjia
Online platform offering VR design tool and project management tool for interior designers
$26M84 mo agoDeadpooled—Jian Cui
Co-Founder
———
47Wanwustore
App-based retail platform offering multi-category maternal and child products
$20M62 mo agoSeries C120————
48desty
Provider of e-commerce suit solutions for businesses
$8M40 mo agoAcquired128—WordPressMySQLPHP+19——
49CoClean
Developer of a smart portable air purifier
$6M36 mo agoSeries B68Fei Zhao
Founder & CEO
———
50ScanTrust
Counterfeiting protection for retailers and brands
$6M44 mo agoSeries A39Nathan Anderson
CEO & Co-founder
WordPressMySQLPHP+25—2 job openings

Top 12 Retail companies in Beijing

#1
XREAL 🦄
Series D · Haidian, Beijing · founded 2017 · 400 employees
$300Mraised
▾

Provider of augmented reality smart glasses and immersive display technology. It develops AR glasses and companion systems that enable users to view, interact with, and transform 2D digital content into 3D and spatial environments. It includes AR eyewear, connectivity hubs, and supporting software that allow seamless integration with apps, media, and gaming platforms. These solutions are designed for entertainment, productivity, and extended reality use cases, enabling portable, high-quality immersive viewing experiences across multiple devices and environments.

Fliar Intelligence Index™ 84how this company ranks against its industry peers
Funding
top 14%
Market
top 21%
Tech
top 22%
Moat
top 26%
Talent
top 28%
News
top 36%
Funding: Raised $300M across 5 rounds · 5 rounds over 6 yrs (0.8/yr) · Last round Series D (Jan 2026)
Market: 400 employees (top 5% of High Tech) · Top-500,000 web property · Unicorn (valued $1.0B)
Tech: 58 technologies across 5/8 capability areas · Cloud: Cloudflare, Vercel · Observability: Microsoft Clarity, Sentry
Audience (LinkedIn): 19k LinkedIn followers
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
  • Jan 2026Series D$100M
  • May 2025Series C$27.7M
  • Jan 2024Series C$60M
  • May 2023Series B$28.6M
Founders & team
Kejian WuCo-founderJordan MaronCo-FounderChi XuCo-Founder & CEO
Investors
Kuaishou Technology, GP Capital, iQIYI, Sequoia Capital, CCEIF Fund, Alibaba
Tech stack
Apple PayAutomizelyCart FunctionalityCdnjsCloudflareCloudflare Bot Management
#2
Public · Beijing, Beijing · founded 2010 · 648 employees
$9.9Braised
▾

Online group-buying platform offering coupons for multi-category products and services. It offers coupon codes for food ordering, restaurants, dining booking, tickets, entertainment, corporate travel booking, domestic services, and more.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 293k LinkedIn followers — 14.9% of this cohort's audience
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Sep 2018Series F$1.5B
  • Oct 2017Series F$4B
  • Jul 2016Series E—
  • Jan 2016Series E$3.3B
Founders & team
Wang XingCo-Founder & CEO
Investors
Tencent, DST Global, Capital Today, Temasek, Baillie Gifford, CDBC
Tech stack
Amazon Web ServicesAnt DesignApple Icloud MailBabelBaidu Analytics (百度统计)Core-Js
#3
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
#4
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
#5
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
#6
Public · Beijing, Beijing · founded 2010 · 1001 employees
$1.4Braised
▾

Onlien brand offering consumer electronics, home appliances, and lifestyle products. The business provides phones, tablets, televisions, audio devices, and smart home products. Support services include online help, customer service, and warranty options. The company also offers exchange programs and extended warranties.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1.6M LinkedIn followers — 83.1% of this cohort's audience
Hiring: 2 hiring posts in 12 mo (public) · momentum +2 · hiring: HR Operation Specialist, Sales Associate -Warszawa
Funding rounds
  • Jul 2017Conventional Debt$1B
  • Apr 2015Angel—
  • Dec 2014Series E$1.1B
  • Aug 2013Series D—
Founders & team
Wanqiang LiCo-Founder & Senior Vice President
Investors
Morningside, Temasek, Qualcomm, Qiming Venture Partners, IDG Capital, DST Global
Tech stack
Acquia Cloud PlatformAcquia Cloud Site FactoryAdobe AnalyticsAdobe Experience Platform Identity ServiceAdobe Experience Platform LaunchAkamai
#7
Series D · Beijing, Beijing · founded 2014 · 600 employees
$254.3Mraised
▾

Provider of cross-border solutions for e-commerce sellers. It also provides services to sell on different cross-border e-commerce platforms. It connects e-commerce platforms, logistics businesses, and e-commerce merchants. Its functionality includes logistic service, automatic listing, smart purchases, feedback management, and more.

Funding rounds
  • Aug 2022Series D$110M
  • Mar 2022Series C$100M
  • Jun 2021Series B$21.2M
  • Jan 2021Series B$23.1M
Investors
Gaorong Capital, GGV Capital, CDH, Kunlun Capital, Initial Capital, Tiger Global Management
Tech stack
Ant DesignBaidu Analytics (百度统计)Cart FunctionalityNginxNode.JsNuxt.Js
#8
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
#9
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
#10
Series G · Beijing, Beijing · founded 2007 · 431 employees
$652Mraised
▾

Babytree is a parenting website based in Beijing, China, aimed at the fast-growing 60 million Chinese parents and 54-billion-dollar maternity and baby industry. has a community where mothers can ask questions on child-rearing and get answers from professionals. The community also provides parenting guides and techniques in the form of articles, video and animation. There is an e-commerce sector on its official website where mothers can buy baby products including paper diapers and milk powder. It has an advantage over other pure e-commerce platforms in that its e-commerce users are its community users, so the company has a large user base. Babytree.com also launched the first smart watch, B-smart, for pregnant women in November 2013. It also launched a branded subscription service, whereby parents receive a box monthly with books, multi-media games and toys to support their child's development. It received $300M in funding in Jul 2015, out of which $250M were given as a convertible loan and a revolving credit facility by Jumei, a leading online cosmetics retailer. It plans to use the funding to develop its own e-commerce platform. Apart from community and e-commerce sectors, the p

Fliar Intelligence Index™ 40how this company ranks against its industry peers
Moat
top 26%
Funding
top 29%
Market
top 34%
Global
bottom 36%
Growth
bottom 35%
Tech
bottom 28%
Moat: Editorial + unicorn rating 9/10 · Unicorn · 7 curated direct competitors tracked
Funding: Raised $652M across 6 rounds · 6 rounds over 18 yrs (0.3/yr) · Last round Series G (Jun 2018)
Market: 431 employees (top 9% of HealthTech) · Top-5,000,000 web property · Unicorn (valued $2.2B)
Funding rounds
  • Jun 2018Series G—
  • Jul 2016Series F$447.9M
  • Jul 2015Series E$50M
  • Jul 2015Venture Debt$130M
Investors
TAL Education Group, Matrix Partners China, Fosun, Alibaba Group, CBC Capital, Huagai Capital
Tech stack
Baidu Analytics (百度统计)Clipboard.JsCore-JsFingerprintjsGeetestSwiper
#11
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
#12
Late Stage · Haidian, Beijing · founded 1994 · 33034 employees
$500Mraised
▾

Provider of multi-format retail and wholesale operations. This includes supermarket chains, hypermarkets, and home improvement stores. The company also engages in wholesale distribution and operates online channels. It offers a diverse range of products and services across various retail formats, focusing on efficient supply chains and customer convenience. The business model encompasses both direct sales to consumers and business-to-business wholesale activities.

Funding rounds
  • Sep 2020Post IPO$500M
  • 2009Post IPO—
  • 2000PE—
Investors
Ascendent Capital Partners, IDG Capital, Legend Star, Hony Capital, TPG, Parakletos Ventures
Tech stack
Baidu Analytics (百度统计)BootstrapFont AwesomeJqueryNginx

Funding & investor landscape

$23.9Btotal disclosed funding
154companies funded
285disclosed rounds
1rounds last 90 days
Most active investors
Zhen Fund20 rounds
IDG Capital14 rounds
Matrix Partners China13 rounds
Sequoia Capital11 rounds
GGV Capital10 rounds
China Growth Capital9 rounds
GSR Ventures7 rounds
K2VC7 rounds
Qiming Venture Partners7 rounds
Shunwei Capital7 rounds

Notable founders

Kejian Wu
Co-founder · XREAL
Jordan Maron
Co-Founder · XREAL
Wang Xing
Co-Founder & CEO · Meituan
Wang Peng
Co-Founder · Beijing Shihui Technology
Zhuang Chenchao
Founder · Beijing Freebee Electronic Commerce
Wanqiang Li
Co-Founder & Senior Vice President · Xiaomi
Sheng Chen
Co-Founder · Yijiupi
Chaocheng Wang
Co-Founder & CEO · Yijiupi
Zhang Yichun
Founder & Chairman · Huimin
Liu Nan
Founder · Mia
Mark Haoyong Yang
Founder & CEO · Ganji
Wang Kai
Founder & CEO · Kai Shu’s storytelling
Prism market signals · China · country-scoped Prism corpus, 3,797,903 docs

Market landscape — 10 sub-themes by coverage

Share of Retail coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Retail companies are there in Beijing, China?
Radar tracks 307 indexable Retail companies headquartered in Beijing, China that meet our profile-completeness bar.
What is the total funding raised by Retail companies in Beijing, China?
The Retail companies in Beijing, China on this list have raised a combined $23.9B in disclosed equity funding across 154 funded companies.
Which is the highest-funded Retail company in Beijing, China?
Meituan is the highest-funded Retail company in Beijing, China, with $9.9B in disclosed equity funding.
How many Retail companies in Beijing, China are funded?
154 of the 307 Retail companies in Beijing, China on this list have disclosed at least one equity funding round.
How many Retail unicorns are there in Beijing, China?
9 Retail companies in Beijing, China on this list are valued at $1B or more.
Who are the top investors in Beijing, China Retail companies?
The most active investors in Beijing, China Retail companies on this list include Zhen Fund, IDG Capital, Matrix Partners China, Sequoia Capital, GGV Capital.
Sweetie IyerMarkets & Momentum

Sweetie watches where the money and the users are piling in. She covers sector wealth and momentum — the install curves and revenue pools that show which corners of the market are quietly on fire.

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