Laizanbao

Laizanbao (来赞宝) is a Southeast Asian e-commerce service provider founded by CEO Li Zhiping . The company raised a Series A of over RMB 100 million (approximately $16 million) in late 2021 led by 5Y Capital, with Yingdong Capital and existing shareholders following on . Within roughly a year it closed a second round of tens of millions of USD, bringing total funding across three rounds to nearly RMB 200 million; proceeds were directed toward new market expansion, infrastructure, and service optimization . The firm was positioned as a portfolio company in 5Y Capital's Southeast Asia thesis, with 5Y executive director Hu Haichuan involved in the investment . elsewhere's corpus does not cover more recent developments beyond 2022-2023.