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Xi Jie Fried String builds a fast-casual dining enterprise, offering modernized fried food skewers. The company integrates catering, research, production, marketing, and branding. Leveraging small-footprint stores and franchise operations, it ensures scalable market presence via standardized product development and a robust, self-owned supply chain for portable takeaway food.
Established in April 2018 by legal representative Wang Kuankuan, Xi Jie Fried String professionalizes the fragmented street food sector. The founding vision addressed consumer hygiene and safety, providing a reliable, branded alternative. This facilitated swift, scalable growth via disciplined franchise strategy, transforming traditional cuisine.
Primarily targeting consumers aged 18-35, Xi Jie Fried String strategically locates stores in urban business districts. It differentiates with a trendy, retro-Chinese branding aesthetic fostering social media engagement. Its long-term vision is to professionalize the traditional food industry through its integrated model, achieving widespread penetration and operational excellence.
Xi Jie Fried String has raised $11.0M across 1 funding round.
Xi Jie Fried String has raised $11.0M in total across 1 funding round.
Xi Jie Fried String has raised $11.0M across 1 funding round. Most recently, it raised $11.0M Series A in April 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 1, 2022 | $11M Series A | — | Vision Knight Capital | Announced |
Xijie Fried String (also known as Xijie) is a Chinese snack brand specializing in Chinese-style fried skewers, established in 2019 and headquartered in Nanjing.[1] It targets young consumers with delicious and healthy leisure snacks, operating over 1,400 stores across China via franchise agreements, with an ambitious goal of 10,000 stores in 100 cities.[1] The company recently completed a $46.1 million financing round, boasting average monthly store turnover of nearly 150,000 yuan, four-fold year-on-year revenue growth in the current year, and strong food delivery performance—40% of store turnover, top 100 Meituan Waimai stores listing, and average delivery order value over 50 yuan.[1]
Despite the query labeling it a technology company, Xijie operates as a consumer food brand with no evidence of tech product development; its growth relies on franchising, supply chain efficiency, and delivery integration rather than proprietary software or platforms.[1]
Xijie was founded in 2019 by Wang Kuankuan, who leads the company's expansion vision.[1] The idea emerged from modernizing traditional Chinese fried skewers into accessible, healthy snacks for youth, leveraging upgraded packaging and factory-processed supply chains to enable rapid franchising.[1] Early traction came from signing over 1,400 store agreements, supported by a core management team of industry veterans from major chain catering and retail firms, experienced in franchising, supply chain, R&D, and operations.[1] Pivotal moments include recent $46.1 million financing and food delivery success, positioning it for national scale.[1]
Xijie's strengths focus on operational scalability and consumer appeal in the competitive snack market:
Xijie rides China's booming consumer snack and delivery ecosystem, amplified by platforms like Meituan, where food delivery drives 40% of its turnover amid urbanization and youth demand for convenient, Instagrammable street food.[1] Timing aligns with post-pandemic recovery in offline franchising and online ordering surges, fueled by market forces like e-commerce penetration and franchise models lowering entry barriers for rapid store growth.[1] While not a tech firm, it influences the ecosystem by optimizing supply chains for digital delivery, contributing to the fusion of traditional F&B with tech-enabled logistics—though its impact remains operational rather than innovative in software or AI.[1]
Xijie is poised for aggressive expansion toward 10,000 stores, propelled by fresh capital, revenue momentum, and delivery strength, potentially dominating Chinese-style skewers nationwide.[1] Trends like rising health-focused snacking, deeper e-commerce integration, and franchise scalability will shape its path, with supply chain efficiencies providing a buffer against competition.[1] Its influence may evolve from regional player to national chain, humanizing street food via modern ops—though pivoting to true tech (e.g., app-based ordering) could amplify growth if pursued. This snack disruptor exemplifies how operational savvy, not code, scales consumer brands in China's dynamic market.[1]
Xi Jie Fried String has raised $11.0M in total across 1 funding round.
Xi Jie Fried String's investors include Vision Knight Capital.