Developer of an eCommerce platform designed to provide food and household products for consumers.
Xingsheng Youxuan pioneered Chinese community group buying — neighbourhood leaders aggregate orders for next-day grocery pickup — and was the model Meituan and Pinduoduo copied at enormous scale. The subsidy war that followed made the format unprofitable for everyone: Didi's Chengxin Youxuan collapsed, Meituan closed Youxuan across most of China in June 2025 and shut it nationwide that December, and Xingsheng itself retreated from six provinces to a core of three in central China while dropping subsidies to chase operating discipline.
Internet Retail📍 Changsha, ChinaFounded 2018
Current Valuation
$12B
as of 2021-Q3
DECACORN
QL Price
$12B
0% vs last round
QuantLogix's current estimate for Xingsheng Selected, published 2026-09-27 — in line with the last disclosed round of $12B (2021-Q3).
Confidence
low
Basis
round anchored
What backs this price
Last disclosed round
$12B
2021-Q3
weight 0.03
How this price has held up
No round has priced for Xingsheng Selected since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-09-27 and will be graded against the next priced round. See the full accuracy record →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Xingsheng Selected, 2026-09-27 (6b1d69312080fbfd).
The id pins this exact claim, so a citation stays checkable after the price moves.
Model estimate for research — not a quote, target price, or investment advice.
IPO Outlookprivate
Is Xingsheng Selected going public?
No. Xingsheng Selected is private and has not filed to go public. There is no S-1 on file.
What is Xingsheng Selected's valuation in 2026?
Xingsheng Selected is valued at $12B as of 2021-Q3, set by its Later Stage VC ($300,000, Jul 2021). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Xingsheng Selected filed an S-1?
No public S-1 is on file for Xingsheng Selected.
Who are Xingsheng Selected's investors?
Xingsheng Selected's investors include Tencent, Sequoia Capital China, KKR, FountainVest Partners, Temasek, DST Global.
How much has Xingsheng Selected raised?
Xingsheng Selected has raised $5.1B in total, most recently a Later Stage VC of $300,000 in Jul 2021.
Is Xingsheng Selected publicly traded — can you buy Xingsheng Selected stock?
No. Xingsheng Selected is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Xingsheng Selected on its Pre-IPO Access Desk.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Company Profile
Founded
2018
HQ
Changsha, China
Total Raised
$5.1B
Growth
The $12B mark is a July 2021 print at the peak of the community group-buying subsidy war. The sector has since collapsed — Meituan and Didi both wound their businesses down — and Xingsheng has retreated from six provinces to three, holding roughly 17% share as the last independent player.
Last Round
Later Stage VC — $300,000 (Jul 2021)
IPO Status
private
Fundraising Status
Later Stage VC · $300,000 · 5y 2mo ago
privateTotal raised $5.1B
Latest Funding Round
Round
Amount
Date
Lead Investor
Post-Money
Later Stage VC
$300,000
Jul 2021
—
$12B
Talent Signal
No public careers page or job board could be found for Xingsheng Selected as of 2026-09-15. That itself is a datapoint: no open external hiring surface.
Checked the company site and major hosted job boards. Re-checked monthly.
Investors
Tencent · Sequoia Capital China · KKR · FountainVest Partners · Temasek · DST Global
Products
Community group-buying platform (next-day pickup via neighbourhood leaders)
E-commerceCommunity Group BuyingGroceryChinaRetail
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2021-Q3. Refreshed quarterly.