Shenzhen Tianxingyun Supply Chain Co., Ltd., better known as Xingyun (), is a Chinese e-commerce company which provides services for

commodities In economics, a commodity is an economic good, usually a resource, that specifically has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them. Th ...

internationally. It is based in

Shenzhen Shenzhen is a prefecture-level city in the province of Guangdong, China. A Special economic zones of China, special economic zone, it is located on the east bank of the Pearl River (China), Pearl River estuary on the central coast of Guangdong ...

, China. In 2021, Xingyun became a unicorn company after the funding round. It helps expand international companies in China.

History

Xingyun has received funding in multiple rounds such as $200 million in

series c A venture round is a type of funding round used for venture capital financing, by which startup companies obtain investment, generally from venture capitalists and other institutional investors. The availability of venture funding is among the p ...

funding in September 2020 and $600 million in series C2 funding in April 2021. In August 2021, it expanded its operations to

Kenya Kenya, officially the Republic of Kenya, is a country located in East Africa. With an estimated population of more than 52.4 million as of mid-2024, Kenya is the 27th-most-populous country in the world and the 7th most populous in Africa. ...

. In February 2025, Xingyun Group launched the print-on-demand service, Flexcreate.

Recognition

In 2021, it was included in ''

China Daily ''China Daily'' ( zh, s=中国日报, p=Zhōngguó Rìbào) is an English-language daily newspaper owned by the Central Propaganda Department of the Chinese Communist Party. Overview ''China Daily'' has the widest print circulation of any ...

's'' unicorn companies list. In 2023, it was included in ''

's'' unicorn companies list.

References

{{reflist Companies based in Shenzhen