On March 1, Dianxiaomi, a global e-commerce SaaS service platform, announced the completion of a US$100 million Series C round of financing. This round of financing was jointly led by Tiger Global Management and Huaxing New Economic Fund under Huaxing Capital. The old shareholder GGV GGV Capital, CDH VGC, and Banyan Capital followed suit.
Since Dian Xiaomi received 135 million RMB B+ financing led by Gaorong Capital in June 2021 , it has been recognized by capital again in less than a year, and the financing amount has set a new record for financing in the domestic cross-border e-commerce ERP field.
Since its establishment in 2014, Dianxiaomi has always been rooted in products + services, and has achieved an "acceleration" of development that has attracted the attention of the industry. Before this round of financing, Dianxiaomi has successfully built a cutting-edge full-process e-commerce solution , and completely built competition barriers in multiple dimensions such as resources, operations, products, and technologies.
The "SaaS product + service" model has continuously achieved annual business growth of over 100%.
Dianxiaomi comprehensively empowers the construction of the global e-commerce ecosystem, focuses on solving the pain points of global e-commerce sellers , deeply focuses on the application of scenarios such as e-commerce platform, logistics and merchants, and lays out the product matrix in many aspects, and strives to become the world's largest E-commerce IT service company.
In addition to the core product free cross-border e-commerce ERP "Dianxiaomi ERP" , Amazon's refined operation management system "Saihu ERP" , Southeast Asian local e-commerce ERP "BigSeller" , Latin American local e-commerce ERP "UpSeller" , Cross-border shared warehousing "Xiaomi Cloud Warehouse" , global intelligent customer service system "Duoke" , global logistics track query platform "17TRACK" and other products to help more enterprises continue to develop efficiently on the global e-commerce platform.
Up to now, Dianxiaomi has served more than 1.2 million global merchants, and has formed 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 RMB 100 million, and has continuously achieved annual business growth of over 100% in recent years.
With its impressive growth curve, innovative product solutions and ultimate customer experience, Dianxiaomi is very popular in the primary market.
Two major directions to empower global e-commerce service digital intelligence upgrade
The completion of the C round of financing marks that Dianxiaomi has officially entered a new stage of development . Dianxiaomi will continue to increase product investment and enhance product strength through two major directions.
First of all, we will increase investment in production and research and technological innovation, vigorously absorb outstanding talents, and continue to maintain the leading position in product technology. At present, Dianxiaomi has a team of more than 500 people, headquartered in Shenzhen, with branches in more than ten cities including Guangzhou, Xiamen, Hangzhou, Zhengzhou, and overseas teams in the United Kingdom, Indonesia, Malaysia and other countries.
Secondly, we will also dig deep into the needs of the global e-commerce industry, provide more targeted and competitive industry solutions, upgrade the service system , better reach and serve customers, and bring customers a brand new e-commerce experience.
Du Jianyin, founder and CEO of Dianxiaomi, said: "Thank you very much for your trust in Dianxiaomi. In the future, Dianxiaomi will not forget the original intention, and will always adhere to the mission of 'making global business more efficient' and further increase research and development efforts , continue to provide high-quality products and services for global e-commerce sellers , help global e-commerce sellers improve work efficiency and core competitiveness, help the e-commerce industry to collaborate efficiently, and make 'buy the world, sell the world' easier!. "
Wang Pengfei, global partner of Tiger Global Fund, said: "E-commerce and e-commerce ecological enterprises are one of the most important investment directions of Tiger Global. With excellent product and service capabilities, Dian Xiaomi's core product matrix has already been established in China's cross-border e-commerce We also see that the company is gradually going overseas, emerging in global emerging markets such as Southeast Asia and Latin America. Tiger Global is very happy to cooperate with the company. We believe that under the leadership of CEO Du Jianyin, Dianxiaomi can become the world's leading E-commerce service provider."
Bao Fan, chairman of Huaxing Capital Group, founding partner and chief investment officer of the fund, said: "Cross-border e-commerce is an area that China Renaissance is optimistic about in the long term. We believe that the Chinese market will usher in huge global development opportunities with its excellent supply chain capabilities. The ERP field where Dianxiaomi works is a basic productivity tool for cross-border sellers . It has accumulated a high degree of recognition and reputation. Huaxing is very happy to accompany Dian Xiaomi to grow all the way. We believe that the company can continue to carry out product upgrades and market expansion with its strong innovative spirit and strategic capabilities, and become a cross-border brand facing the global market. Overseas e-commerce service provider. In the future, we also look forward to continuing to accompany enterprises on their journey of overseas layout and exploration.”