Linji Convenience Store
邻几便利店
Linji Convenience Store (邻几便利店) is a city-focused convenience-store chain founded in December 2017 by Liu Zhongjian, a 20-year industry veteran who previously built Zushi Convenience into one of China's largest直营 chains . The company targets young professionals with 24-hour stores concentrated in office buildings, hotels, apartments and transit hubs, emphasizing fresh food (over 30% of sales) and "third space" seating areas with free charging and WiFi .
Source Code Capital led its Series A in 2018 and doubled down in a $30 million Series B led by Capital Today in April 2019, by which point Linji had grown from 20 to over 200 stores across Hefei, Wuhu and Ma'anshan, becoming Anhui province's largest convenience-store operator . Partner Kaisi Chang of Source Code Capital sits on Linji's board . As of late 2019, Liu reported the chain had reached roughly 300 stores with same-store sales up over 50% year-on-year and more than half of locations profitable . Elsewhere's corpus does not cover developments after 2019.
AI-generated — may contain errors, please verify.
Coverage
2026 MaHui | A Deep Connection Without End
"Like going back to that first MaHui, when we all climbed the Great Wall together..."
Code Watch | Source Code Capital's Jihong Zhang: How Restaurant Entrepreneurs Can Break Through the Winter and Welcome Spring
Source Code Capital Announces Kaisi Chang as Partner
We're committed to partnering with outstanding founders to build a better life through technology and innovation.
How Young Consumers Powered This Year's 618 Shopping Festival: A Look at Source Code Capital's New Consumption Bets
Seeking founders who pursue product excellence
Source Code Capital Portfolio Companies Visit Xiaohongshu: Building Brand Moats in Three Steps
Mind-First Seeding, Brand Win-Win
How can brands build stickiness with Bilibili's 197 million monthly active users?
"Joining the Z-Generation Tide, Co-Creating New National Brands."
Technology-Powered New Consumer Brands: It's Only Just Begun | Source Code Capital 2019
"Knowledge Capital, Deep Practice" — Source Code Capital's 2019 Ma Hui annual conference brought together the founders and CEOs of Linji Convenience Store, WeiMai, Juli Xinfang, RELX, and Qingzhu Hotel to explore how technology empowers new consumption.
New-Style Premium Baijiu Brand "Kaishan" Closes Two Funding Rounds in Three Months, Led by Source Code Capital in A+ Round
Crafting "High-End Social Currency" for the New Elite
Source Code Capital Portfolio Company "Xinshengli" Announces Completion of Several Million USD Pre-A Round
Focusing on Developing Children's Mathematical Thinking
Source Code Capital portfolio company Linji Convenience Store announced the completion of its $30 million Series B round, with existing investor Source Code Capital continuing to increase its stake.
Linji Convenience Store's average daily sales per store exceed 6,000 yuan, with comparable store sales up more than 50% year over year.
Where Is the Tech Dividend for New Retail in the OMO Era? | Source Code Capital Insights
A typical model for applying technology dividends to new retail.
