How to evaluate Zhi Zhi Information's hundreds of millions of dollars in Series C financing?

Zhejiang Zhiyu Information Technology Co., Ltd. announced the completion of hundreds of millions of dollars in Series C financing, with a post-investment valuation of more than 65.438 billion dollars. This round of financing was led by Sequoia Capital Global Growth Fund, followed by Junlian Capital, Lan Xin Asia, Ping An Venture Capital and CDH.

Li Haiyan, the founder of Zhiyu, said that this round of financing will help the company to integrate the global supply chain, speed up the layout of overseas warehouses, deepen localized operations, continue to increase the application of big data and artificial intelligence technology in the new retail ecosystem, and further improve operational efficiency and user experience. In addition, Zhiyu will continue to firmly implement the "Belt and Road" strategy, strive to explore new foreign trade models, and develop into a multi-regional localized e-commerce enterprise with "Belt and Road".

Zhiyu has also made a very rapid and complete layout in localization. Zhou Heng, vice president of Zhihu, said in an interview with Hugo. Com means that Zhihu is constantly advancing in localization construction, from personnel to management and operation. For example, our customer service, pre-sales, in-sales and after-sales have all moved from China to the Middle East, with a team of nearly 500 people; In addition, we have a local marketing team in the Middle East, all of whom are local employees. In the construction of localization, it can be said that it has surpassed other localized e-commerce platforms in the Middle East. "