Founded Year

2009

Stage

Series G | Alive

Total Raised

$249.21M

Valuation

$0000 

Last Raised

$80M | 10 yrs ago

About Jiuxian

Jiuxian is a company that specializes in online retail of alcoholic beverages. It provides products that include spirits, red wine, white wine, beer, and liquor accessories. Jiuxian serves consumers seeking various alcoholic drinks and related products through its online platform. It was founded in 2009 and is based in Beijing, Beijing.

Headquarters Location

4th Floor, Building 8, Jinghai 5th Road No.58 Ludong District, Economic and Technological Development Zone, Daxing

Beijing, Beijing,

China

400-617-9999

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Expert Collections containing Jiuxian

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Jiuxian is included in 3 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,270 items

A

Alcohol Tech

1,184 items

Companies focused on the production, distribution, and consumption of alcohol. This collection includes companies such as craft distilleries, e-commerce platforms, mobile apps, connected appliances, and alcohol substitutes, among others.

F

Food & Meal Delivery

1,596 items

Startups and tech companies offering online grocery, food, beverage, and meal delivery services.

Latest Jiuxian News

Lafeige’s Taobao Debut Live Sales Exceeded 100 Million RMB

May 16, 2024

Lafeige’s Taobao Debut Live Sales Exceeded 100 Million RMB News Provided By Share This Article China's Jiuxian Group Competes on "Multiple Fronts" in Liquor Industry BEIJING, CHINA, May 16, 2024 / EINPresswire.com / -- Renowned Chinese liquor manufacturer, Jiuxian Group has proudly announced that it has set a new record for online liquor sales by exceeding 100 million sale. Established in 2001 with a brand value of 66.539 Billion Yuan, Jiuxian has ranked first in the liquor circulation in China for 8 consecutive years. This historic achievement is not only a huge success for the group, but also a guiding precedence for others to follow. In addition to this groundbreaking success of Lafeige's debut on Taobao Live, achieving an unprecedented sales milestone of 1.17 billion RMB on April 24th, Lafeige's inaugural broadcast also witnessed a huge spike in daily fan count, surpassing 130,000, and securing the top spot on the influencer-driven sales charts for the day. “The Chinese Liquor Celebrities Group has made significant achievements in the past couple of years.“ Said Hao Hongfeng, the Chairman of Jiuxian Group, while sharing his thoughts on this historic accomplishment in a recent interview. “By entering Taobao Live, we basically aim to strengthen our position within the Taobao ecosystem, increasing the number and the quality of our live streaming sales.” He added. According to the Chairman, the group was previously active on Douyin, which is the Chinese equivalent of TikTok, and it is now making rounds on Taobao Live, which is not only a strategic expansion in its own right, but is also taking this expansion towards increasing visibility in the digital sphere. In addition, the Taobao live streaming rooms now feature several other products beyond liquor, which include snacks and daily necessities. By partnering with the fresh food sector, the media outlet has further enriched its product selection. This will also help the group tap into the vast resources and shopping habits of Taobao's broader user base. This strategy of cross-category sales has enabled the group to explore new opportunities and maximize revenue streams. By embracing a fusion live streaming model, they aim to rise above industry limitations and tap into new sources of traffic monetization. Lafeige's debut on Taobao Live has been overwhelmingly successful for many reasons. The Chinese Liquor Celebrities Group not only has extensive combat experience, but it has also previously collaborated with Taobao to incubate successful anchors like Liaoge. Furthermore, the group possesses a strong combat system, equipped with superior capabilities in product procurement, operations, and sales strategies, making them well-suited for major live promotions. Another reason for this amazing success is that the group has invested heavily in short videos and social media marketing methods in the last 2 decades. For more information, please visit the Jiuxian Group website at: www.jiuxian.com Li Wenshu

Jiuxian Frequently Asked Questions (FAQ)

  • When was Jiuxian founded?

    Jiuxian was founded in 2009.

  • Where is Jiuxian's headquarters?

    Jiuxian's headquarters is located at 4th Floor, Building 8, Jinghai 5th Road No.58, Beijing.

  • What is Jiuxian's latest funding round?

    Jiuxian's latest funding round is Series G.

  • How much did Jiuxian raise?

    Jiuxian raised a total of $249.21M.

  • Who are the investors of Jiuxian?

    Investors of Jiuxian include Merrysunny Wealth, China Merchants Bank, China Minsheng Bank, Shanghai Pudong Development Bank, Jinzhou Bank and 5 more.

  • Who are Jiuxian's competitors?

    Competitors of Jiuxian include Kihya, ChaBaiDao, Qietuan, Baoyun Liquor, Redstar Wine and 7 more.

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