Zhangshangkuaixiao
掌上快销
Zhangshangkuaixiao (掌上快销) was a South China-based B2B trading platform for fast-moving consumer goods (FMCG), founded by Zheng Yubin . Source Code Capital was among its backers, with the firm investing across FMCG vertical trading platforms including Zhangshangkuaixiao . In February 2020, fellow Source Code Capital portfolio company Yijiupi (易久批) strategically merged with Zhangshangkuaixiao, with Yijiupi taking 100% ownership of the company in a move that was framed as accelerating consolidation in the FMCG industrial internet sector . Zheng had described the opportunity as building modernized upstream supply-chain enterprises for China's supermarket and convenience-store industry , and positioned S2B as a model operating within existing market boundaries .
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Coverage
Source Code Capital Portfolio Company Yijiupi Merges with Zhangshangkuaixiao, Accelerating Consolidation in FMCG Industrial Internet Source Code Capital portfolio company Yijiupi has strategically merged with Zhangshangkuaixiao, marking an acceleration of industry consolidation in the FMCG industrial internet sector.
The merger of Yijiupi and Zhangshangkuaixiao marks a new phase in the development of China's FMCG industrial internet.
A Solid Finish to 2018, Continued Patient Growth in 2019 | Code Meet Journal · December
"Ma Hui Journal" chronicles the small steps forward of our community members, shares the joy of growth, and looks toward an even brighter future.
The Great To B Adventure
The true B2B adventurers have mostly become big winners.
Source Code Capital portfolio company Yijiupi raises $200 million in Series D funding, co-led by Meituan and Tencent, with existing investor Source Code Capital continuing to increase its stake
Yijiupi (supply chain/retail terminals) + Tencent (WeChat Pay/Mini Programs) + Meituan (in-store/on-demand delivery)
The Fourth Annual Ma Hui Conference Successfully Held, CEOs Gather to Share Entrepreneurship Insights, Four Companies Announce Completed Financing Rounds | Ma Hui Journal · April
**Source Code Capital Newsletter:** Here we record the small steps of progress made by our team members, share the joy of growth, and look forward to an even brighter future.
Industrial Internet: Connecting, Enabling, and Building Ecosystems | Code Meet 2018
Decoding Industrial Internet
5 Companies Raise Funding, Several Make China's Top 100 Unicorns List | Code Meet Journal · March
【Source Code Capital Chronicle】A place to record the small steps forward of our team members, share the joy of growth, and look toward an even brighter future.
Zhangshangkuaixiao Raises RMB 205 Million in Series B Funding; Existing Investor Source Code Capital Continues to Double Down
Zheng Yubin said that as China's retail industry upgrades, three types of infrastructure will be most critical going forward.
Source Code Capital and Zero2IPO Jointly Release B2B Trading Platform Research Report
China's B2B market has evolved from its 1.0 phase, spanning 1999 to 2013 and defined by "information publishing" business models, into a 2.0 era characterized by greater commercial diversity, broader industry coverage, and deeper integration with industrial supply chains.
6 Companies Close Funding Rounds, 2 Make Latest Global Unicorn List | Source Code Capital Monthly · January
【Ma Hui Journal】A place to record the small steps forward, share the joy of growth, and look toward an even brighter future.
Industrial Internet Investment Landscape | Source Code Capital Insights
A single chart, one big idea — Source Code Capital presents the sixth edition of its [*Source Code Insider*] after analysis and deliberation.
Convenience Stores: Where China's Homegrown 7-Elevens Go From Here | Source Code Capital Insights
The domestic convenience store market shows massive untapped potential amid the new retail wave — Source Code Capital presents its fifth *Source Code Capital Internal Reference* after analysis and research.
