Xinshang is a technology company.
Xinshang has raised $50.0M across 1 funding round.
Xinshang has raised $50.0M in total across 1 funding round.
Shenzhen Xinshang Technology Co., Ltd. is a technology company founded in 2018 and headquartered in Guangdong Province, China, operating in the tech promotion services sector.[1] A related entity, Xinshang Technology (Hong Kong) Co., Limited, was incorporated in 2020 as a private company in Hong Kong.[3] Limited public details suggest involvement in technical services or electronics, though specifics on products remain sparse; one profile describes a platform for buying and selling pre-owned luxury goods with authentication focus, potentially linked to a variant of the company.[4]
The company serves businesses or consumers in China and possibly Hong Kong, addressing needs in technical promotion or resale authentication, but growth metrics and customer base are not detailed in available records.[2][1]
Shenzhen Xinshang Technology Co., Ltd. was established in 2018 in Shenzhen, Guangdong, China.[1] A Huizhou-based variant, Huizhou Xinshang Technology Co., Ltd., was founded on August 16, 2018, with Wang Shuai as legal representative and 1 million RMB registered capital, focusing on other technical promotion services.[2] No founder backgrounds or pivotal early moments are documented. Separately, Xinshang Technology (Hong Kong) Co., Limited was set up on December 30, 2020, as a private limited company.[3]
Available data on Xinshang entities is fragmented, with no clear standout features for Shenzhen Xinshang Technology Co., Ltd. Key attributes from profiles include:
Xinshang operates amid China's booming tech ecosystem, particularly in Shenzhen's hardware and services hub, riding trends in technical promotion and e-commerce authentication for luxury resale.[1][4] Timing aligns with post-2018 growth in cross-border tech firms, including Hong Kong expansions amid regional trade shifts.[3] Market forces like rising demand for verified pre-owned goods and electronics wholesale favor such players, though Xinshang's influence appears niche without ecosystem-wide impact noted.[2][5]
Xinshang's multi-entity structure positions it for potential expansion in China's tech services and resale markets, with Hong Kong as a gateway for international growth.[3] Trends like luxury e-commerce authentication and electronics distribution could shape its path, especially if it scales beyond current modest profiles.[4][5] Influence may evolve through deeper integration into supply chains, but limited visibility suggests monitoring for consolidation or partnerships. This ties back to its 2018 origins as a foundational player in regional tech promotion.[1][2]
Xinshang has raised $50.0M in total across 1 funding round.
Xinshang's investors include Granite Asia.
Xinshang has raised $50.0M across 1 funding round. Most recently, it raised $50.0M Series C in January 2018.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2018 | $50.0M Series C | Granite Asia |