Dianxiaomi, a China-based parent company of BigSeller, Southeast Asia’s eCommerce enabler, raised $100 million in its Series C financing.
The round was led by Huaxing Growth Capital and Tiger Global Management along with participation from existing investors CDH Investments, GGV Capital, and Gaorong Capital.
Dianxiaomi plans to use the fresh funding for product development, talent acquisition, service upgrade, and global expansion of its eCommerce enabler.
Company: Shenzhen Meiyunji Network Technology Co., Ltd.
Raised: $100.0M
Round: Series C
Funding Month: March 2022
Lead Investors: Huaxing Growth Capital and Tiger Global Management
Additional Investors: CDH Investments, GGV Capital, and Gaorong Capital
Company Website: https://www.dianxiaomi.com/
Software Category: Enterprise resource planning (ERP) solutions
About the Company: Founded in 2014 by Jianyin Du, Shenzhen Meiyunji Network Technology Co., Ltd. is a world-leading e-commerce IT service company, focusing on providing SaaS system services for global e-commerce sellers, making it easier to "buy the world and sell the world". Dianxiaomi offers enterprise resource planning (ERP) solutions to small and medium sellers that include cross-border eCommerce solutions, customer service, logistics tracking, and shared warehousing. The company has a team based in Indonesia and is looking to expand to other markets in Southeast Asia. In 2019, the company founded BigSeller to enable sellers to order aggregation, manage product listing, data analytics, and inventory management across marketplaces from one place. The products offered by the company are presently available in English, Bahasa, Vietnamese, and Thai. Headquartered in China, Dianxiaomi service has more than 1.2 million global users, and has achieved in-depth cooperation with more than 50 top e-commerce platforms, more than 800 high-quality logistics providers, and more than 60 overseas warehouses in the world, and the annual transaction amount of orders processed exceeds 3,000. billion RMB.
Source: https://www.asiatechdaily.com/dianxiaomi-raises-us100-million-in-series-c-funding/