XINGYUN GROUP
Funding History
| Series C · 09/2020 | $2.0B |
|---|---|
| Series C2 · 04/2021 | $3.6B |
About
Xingyun Group is a Shenzhen-based digital supply chain provider that helps Chinese small and medium-sized retailers import goods from overseas consumer brands through a one-stop platform covering consultancy, logistics, trading, and trade financing.
- Headquarters
- Shenzhen, Guangdong, China
- Founded
- 2015
- Employees
- 3,000+
- totalFundingRaised
- $953.5M
Overview
Xingyun Group (行云集团), legally registered as Shenzhen Tianxingyun Supply Chain Co., Ltd., is a Shenzhen, China-based digital supply chain company founded around 2015. It operates a cross-border drop-shipping and import platform that connects Chinese small and medium-sized retailers with overseas consumer brands, offering integrated services spanning brand representation, import agency work, supply chain trade financing, and cross-border logistics.
The company has grown to serve roughly 200,000 domestic Chinese retailers with access to thousands of overseas consumer brands through around 150 logistics centers across more than 70 countries, and it employs over 3,000 people worldwide. Xingyun reached unicorn status in April 2021 after closing a $600 million Series C2 round, and in February 2025 it launched Flexcreate, a print-on-demand service extension of its supply chain business. In August 2025, Xingyun's separately incorporated overseas division, Polibeli Group, completed its own listing on Nasdaq under ticker PLBL; that public listing is distinct from Xingyun Group itself, which remains privately held.
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