NICE TUAN
Nice Tuan is an e-commerce platform that provides daily groceries and miscellaneous products.
NICE TUAN
Industry:
Consumer Goods E-Commerce Food And Beverage Warehousing
Founded:
2018-06-01
Status:
Closed
Contact:
010-57748176
Total Funding:
1.3 B USD
Technology used in webpage:
SSL By Default LetsEncrypt Apple Mobile Web Clips Icon Domain Not Resolving PHP 7 Express Next.js Nginx 1.16 Nginx 1.12
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Current Employees Featured
Founder
Investors List
CDH Investments
CDH Investments investment in Series D - Nice Tuan
Anatole
Anatole investment in Series D - Nice Tuan
D. E. Shaw & Co.
D. E. Shaw & Co. investment in Series D - Nice Tuan
Alibaba Group
Alibaba Group investment in Series D - Nice Tuan
Dragoneer Investment Group
Dragoneer Investment Group investment in Series D - Nice Tuan
Jeneration Capital
Jeneration Capital investment in Series D - Nice Tuan
Franchise Capital
Franchise Capital investment in Series D - Nice Tuan
Cygnus Equity
Cygnus Equity investment in Series D - Nice Tuan
GGV Capital
GGV Capital investment in Series D - Nice Tuan
Kunlun Capital
Kunlun Capital investment in Series D - Nice Tuan
Investments List
| Date | Company | Article | Money raised |
|---|---|---|---|
| 2021-05-28 | MegaRobo | Nice Tuan investment in Corporate Round - MegaRobo | 65 M USD |
More informations about "Nice Tuan"
Alibaba-backed community group buying start-up …
Aug 24, 2021 A Nice Tuan staff member in Xian, who declined to be named because he is not authorised to speak to the media, said the company notified him of the decision last Friday during a team meeting. The ...See details»
What Happened To Nice Tuan & Why Did It Fail?
Nice Tuan's main product was a community group buying platform, enabling communities to purchase goods collectively at discounted rates. Its unique value proposition lay in leveraging Alibaba's backing to compete in the market. …See details»
Nice Tuan - Crunchbase Investor Profile & Investments
Nice Tuan is an e-commerce platform that provides fresh produce, beverage, leisure food, and daily supplies. New. Resources. Advanced Search. Start …See details»
Nice Tuan 2025 Company Profile: Valuation, Funding
Nice Tuan General Information Description. Operator of a community e-commerce platform offering daily groceries and miscellaneous products. The company partners with local residential communities and sources products …See details»
KEY STAT | Social and grocery e-commerce startup …
Jun 2, 2020 Nice Tuan, a Chinese grocery e-tailer that plays on social e-commerce characteristics, recently bagged USD 18.4 million in its C1 fundraising round with a USD 814 million post-investment valuation, reported KrASIA.. …See details»
Nice Tuan nets another $80m amid China's fresh food …
Jul 29, 2020 Nice Tuan, a Chinese e-grocer that allows customers to group-buy fresh produce and other goods, has received $80 million in a ‘Series C2’ financing led by alternative asset manager CDH Investments.. California-based GGV …See details»
China hands Alibaba-backed Nice Tuan new 1.5 mln yuan fine
May 27, 2021 The Chinese market regulator has asked Alibaba-backed (9988.HK) Nice Tuan to suspend its operations in Jiangsu province for three days and fined it 1.5 million yuan …See details»
Nice Tuan - Craft
Nice Tuan is a company that develops a community e-commerce platform offering daily groceries and miscellaneous products. The company partners with local residential communities and …See details»
3-day ban for Alibaba-backed group buying site - SHINE News
May 27, 2021 Nice Tuan to cease business for three days and ordered to pay 1.5 million yuan (US$230,769) as an administrative penalty after it was found repeatedly violating China's Price …See details»
Alibaba-Backed Group Buying Platform Nice Tuan Is …
May 28, 2021 Alibaba-Backed Group Buying Platform Nice Tuan Is Fined for Unfair Pricing (Yicai Global) May 28 -- Chinese regulators have penalized the owner of Nice Tuan, a group buying platform which raised USD750 million at …See details»
Alibaba-backed Nice Tuan cuts back operations · TechNode
Aug 23, 2021 Alibaba-backed online grocer Nice Tuan is reportedly downsizing its operations, according to an internal letter (in Chinese) made public on Saturday and in various Chinese …See details»
From Rapid Expansion to 80% Layoffs: Nice Tuan’s Year of Extremes
Nov 25, 2021 Nice Tuan has experienced a year of highs and lows in 2021, from rapid expansion to massive staff cuts. In November 2020 and March 2021, Nice Tuan obtained a …See details»
Alibaba-backed Nice Tuan fined for failing to ‘correct’ its market ...
May 28, 2021 China’s antitrust regulator ordered Nice Tuan to suspend business operations in Jiangsu province for three days starting Friday for ‘failing to correct’ monopolistic behaviour.See details»
Is Nice Tuan about to replace China’s supermarkets? - KrASIA
Apr 23, 2021 Nice Tuan now features 300 to 700 products for sale on any given day and expects to bump that number up to 1,000 by the end of 2021. Nice Tuan also seeks to elevate users’ …See details»
Nice Tuan - Funding, Financials, Valuation & Investors - Crunchbase
Nice Tuan is an e-commerce platform that provides fresh produce, beverage, leisure food, and daily supplies. New. Resources. Advanced Search. Start Free Trial . ... How much funding has …See details»
Chinese Community E-commerce Firm Nice Tuan Nets $80 Million …
Jul 30, 2020 A string of Nice Tuan’s domestic counterparts already showcased their latest financing rounds earlier this year, including Missfresh, which pocketed $495 million in a round …See details»
China imposes upper-limit fine on community group-buying firm
May 28, 2021 China's top market watchdog Thursday imposed a maximum-level fine on the operator of community group-buying platform Nice Tuan over improper pricing that disrupted …See details»
Chinese e-commerce firm Nice Tuan raises $196m in
Nov 30, 2020 Nice Tuan, a Chinese community e-commerce platform also known as Shihuituan, has raised $196 million in a Series C3 round in what is the firm’s fourth funding round this year …See details»
Alibaba, DST Leads $750 Million Investment in China’s Nice Tuan
Mar 31, 2021 Alibaba Group Holding Ltd. and DST Global led a $750 million investment round for Chinese grocery app Nice Tuan to help the startup expand in the increasingly competitive …See details»
Amid capital winter in China, community group-buying platform …
Jan 9, 2020 Nice Tuan merged with another group-buying platform called Niwonin in August 2019. After the merger,the new Nice Tuan is expected to reach RMB 500 million in monthly …See details»