Not bad. Hongblin is a high-end idle trading platform, C2B2C model, founder & CEO Xu Wei. Hongbulin is a popular authentic high-end idle trading platform in China.
In February 2017, the online platform was officially launched; a complete circular economy chain from consignment to purchase to resale.
In June 2017, the first professional warehouse was put into use; the e-commerce operation module began to take shape.
In September 2017, the team received Series A financing from IDG Capital, Matrix Partners China and Xianfeng Evergreen.
In December 2017, the first phase of the 3,000-square-meter professional commodity processing center was completed and the specialized warehouse was put into use; the industry's first "20-step identification and maintenance process" was launched.
In April 2018, we reached a long-term cooperation with the “China Inspection and Certification Group”, the only domestic inspection and appraisal institution with the prefix “国”.
In August 2018, it completed tens of millions of dollars in Series B financing. This round was led by Matrix Partners China, followed by Qiming Venture Partners, IDG Capital, Jiuhe Venture Capital, Xianfeng Evergreen and other original shareholders. cast.
In December 2018, the men’s category was expanded to include watches, bags and men’s accessories, etc., and sales data of massive SKUs continued to be accumulated.
In 2019, it completed a B+ round of financing of US$20 million, led by a well-known US dollar fund of funds (the group is the LP of many domestic US dollar first-line funds) and Japan's largest human resources and Internet company Company Recruit, Recruit’s past investment cases in China include 58.com, etc. Old shareholders Matrix Partners China, Qiming Venture Partners and Jiuhe Venture Partners have also continued to invest in the company.
In June 2019, he won the 36Kr2019WISE New Business Creator TOP100 Industry Award.
In September 2019, the brand upgraded its Chinese name to Hongbulin.
In January 2020, Hongbulin officially established the Shanghai Business Department and launched a national strategic layout.
In January 2020, Hongbulin cooperated with the domestic elite career development platform recruitment and jointly released the "Fashion Consumption Report of Post-95s in the Workplace".
In March 2020, the construction of the 10,000-square-meter commodity processing center was completed, and the establishment of a standardized system was completed. The average processing level is hundreds of thousands of items/month.
In July 2020, we cooperated with the CCIC China Luxury Center to introduce the "China Luxury Center Appraisal Traceability Label", applying the "one product (item) one code" traceability patented anti-counterfeiting technology to ensure 100% authenticity.
In December 2020, it received a B2 round of financing led by a well-known US dollar fund, with additional participation from old shareholders such as Matrix Partners China and Jiuhe Venture Capital.
In April 2021, Hongbulin released the "2021 China Second-hand Luxury E-commerce Platform Consumption Insight Report", which analyzed the development situation of the second-hand luxury goods industry, the consumption characteristics of users of China's second-hand luxury goods e-commerce platform, etc. In terms of consumption, the "buy, sell and idle" consumption pattern is interpreted.
The above content comes from: Baidu Encyclopedia-Hongbulin