Xijiezhachuan
喜姐炸串
Xijiezhachuan (喜姐炸串) is a Chinese fried-skewer snack chain founded by Kuankuan Wang, who serves as its founder and chairman . The brand raised a 295 million yuan Series A in October 2021 co-led by Source Code Capital and Xingnahe Capital , followed by a 75 million yuan Series A+ in April 2022 with Jiayu Capital as sole investor . After these two rounds, the company aimed to expand from 1,876 stores to add another 2,000 signed locations, with a focus on building out supply-chain infrastructure including a distribution center in Changsha to cover Southwest China . Wang has emphasized that the company's real moat lies in the integrated strength of its brand, channels, product, logistics, and processing capabilities .
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Coverage
MaHui Moment | Multiple MaHui Members Named to Hurun China Under 35s Entrepreneurs to Watch 2023
Several MaHui members were named to the *2023 Hurun China Under 35s* list.
Code Watch | Source Code Capital's Jihong Zhang: How Restaurant Entrepreneurs Can Break Through the Winter and Welcome Spring
MaHui | Nearly 40 MaHui Members Named to 36Kr's X·36Under36 S-Class Young Entrepreneurs List
Source Code Capital | "Xijie Fried Skewers" Announces 75 Million Yuan Series A+ Funding Round, Source Code Capital Co-Led Series A Round
A highly standardized, normalized digital supply chain system.
Source Code Capital's Chang Kaisi: How Consumer Brands Achieve Cycle-Crossing Growth
Product is king.
Douyin E-commerce and Source Code Capital jointly released the *New Brand Growth Trends White Paper*.
Passion-Driven, Newcomers Rising
Corporate Training SaaS Provider CoolCollege Raises Hundreds of Millions of Yuan in Series B Led by Source Code Capital
Will continue to explore AI, gamification, and metaverse-based learning.
IrisView, a next-gen OS R&D platform, closes two consecutive rounds totaling nearly RMB 100 million, with Source Code Capital leading the A+ round
Focused on building a next-generation operating system for next-gen devices like AR/VR headsets.
Source Code Capital portfolio company Zhangshang Fucai announces completion of Series B funding round, Source Code Capital led angel round
"The Building Materials Market of the New Era"
Xijiezhachuan, a fried-skewer snack brand, announced the completion of a 295 million yuan Series A funding round led by Source Code Capital.
"Ten Thousand Stores in a Hundred Cities," dedicated to helping 100,000 Chinese people successfully realize their entrepreneurial dreams.
