Great news from the National Innovation Yuanhe Fund—Yunji has been listed on the NASDAQ in the U.S.!
Release date:
2019-05-03
On May 3, 2019, Yunji, an e-commerce platform backed by Zhongding Fund III—a fund under Guochuang Yuanhe Mother Fund—officially listed on the NASDAQ in the U.S., with the stock ticker symbol YJ.
On May 3, 2019, Yunji, an e-commerce platform backed by Zhongding Fund III—a fund under Guochuang Yuanhe Mother Fund—officially listed on the NASDAQ in the U.S., with the stock ticker symbol YJ.
Founded in May 2015, Yunji is a social-driven premium membership e-commerce platform offering curated selections across a wide range of categories, including beauty & personal care, mobile phones & digital gadgets, mother & baby products, and fresh fruits and groceries.
Zhongding Capital invested in Yunji's angel round as early as 2015 and later followed up with an additional investment in the Series A round, making it Yunji's earliest and largest institutional investor to date. On its IPO day, Yunji surged by 29%, pushing its market value above $3 billion. Zhongding’s Phase III fund initially invested 30 million yuan in Yunji, and now the portfolio return has exceeded 50 times the original investment.
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