Linlinyi
邻邻壹
Linlinyi (邻邻壹) was a community group-buying platform in China. It raised a seed round of tens of millions of RMB from Sequoia Capital China (红杉资本中国基金) and subsequently closed a $10 million Series A in late 2018 co-led by Source Code Capital and Gaorong Ventures, with Sequoia following on . In January 2019, it announced a $30 million Series A extension led by Capital Today (今日资本), with strategic investment from Suning's ecosystem fund and continued pro-rata participation from Source Code Capital, Gaorong Ventures, and Sequoia . Source Code Capital's Yiwen Hao (郝毅文) served as a board director, describing the company as focused on supply-chain depth, community leader operations, and national expansion . The platform was active during the competitive community group-buying wave of 2018–2019, though elsewhere's corpus does not cover its subsequent trajectory.
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Coverage
Source Code Capital Closes $570 Million New Fund
Create lasting, real value
2 Companies Close Funding Rounds, 5 Complete Strategic Upgrades, 9 Win 6 Major Awards | Source Code Capital Monthly · January
"Ma Hui Chronicles" documents our members' incremental progress, shares the joy of growth, and looks forward to an even brighter future.
A Visual Breakdown of Gaorong Ventures' Retail Investment Model: Why It Keeps Doubling Down on the Fresh Grocery Sector
What kind of business model can better carry consumers' channel trust? And push closer to the endgame of retail?
Source Code Capital Portfolio Company Community Group-Buying Platform "Linlinyi" Raises $30 Million in Series A Funding, Existing Investor Source Code Capital Continues to Increase Stake
Community group buying could be the prototype for the next generation of e-commerce.
Source Code Capital Congratulates Portfolio Company MOGU (NYSE:MOGU) on NYSE IPO
An IPO is the beginning of a brand-new journey.
4 Companies Close Funding Rounds, 8 Undergo Strategic Upgrades, Multiple Firms Named "2018 King of New Economy" | Source Code Capital Monthly · November
"Ma Hui Journal" is where we document our team's small steps forward, share the joy of growth, and look ahead to an even brighter future.
Niu Technologies IPO Lands on Nasdaq; 3 Companies Close Funding Rounds; Code Brain Issue 8 Mines India | Code Brain Newsletter · October
【Source Code Capital Newsletter】Here we record the small steps forward taken by our team members, share the joy of growth, and look forward to an even brighter future.
