E-commerce software as a service (SaaS) firm Dianxiaomi announced on Tuesday its completion of C-round financing totaling $100 million. Investment was jointly led by Tiger Global Management and Huaxing Growth Capital, followed by GGV Capital, CDH VGC and Gaorong Capital.
Since its establishment in 2014, Dianxiaomi has contributed to the construction of a global e-commerce ecosystem, focused on solving the key problems met by digital merchants. It has developed products targeting applications for e-commerce platforms, logistics and sellers, striving to become the world’s largest e-commerce IT services company.
In addition to its core product, Dianxiaomi ERP, a free cross-border e-commerce enterprise resource planning (ERP) system, the firm has launched products including “Saihu ERP,” a professional Amazon ERP system, and “BigSeller,” a free ERP system for Southeast Asian merchants, “UpSeller” for Latin American sellers, “Xiaomi Cloud Warehouse,” a domestic sharing storehouse, “Duke,” an intelligent customer service system, and “17TRACK,” a package tracking service provider. They aim to help more enterprises develop efficiently on global e-commerce platforms.
Up to now, there are more than 1.2 million global merchants served by Dianxiaomi. It has reached cooperation with more than 50 leading e-commerce platforms, more than 800 high-quality logistics providers and more than 60 overseas warehouses around the world. The annual order transaction amount handled by the firm exceeds 300 billion yuan ($47.5 billion). In recent years, its annual business growth has continuously exceeded 100%.