Beijing Tongcheng Bing Technology
PublicLast Round
IPO Announced
Oct 4, 2024
Est. Valuation
$1.17B
Total Funding Raised
$401M
Company Overview
FlashEX is a logistics company offering rapid delivery services for urban residents, allowing them to place online orders and receive products within one hour in inner-city areas.
Sector
Logistics
AI Layer
Non-AI
Keywords
on-demand express delivery servicepoint-to-point express deliveryone-to-one courier servicesame-city express deliveryintra-city logistics platformdelivery marketplacemerchant delivery management platformcross-city delivery servicecommission-based delivery platformpersonal shopping and delivery serviceWeChat mini-program delivery service
Beijing Tongcheng Bing Technology Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Beijing Tongcheng Bing Technology Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| IPO Announced | Oct 4, 2024 | ||||
| Series D Extension | Mar 30, 2021 | ||||
| Series D | Aug 28, 2018 | ||||
| Series C Extension | Jun 5, 2017 | ||||
| Series C | Feb 6, 2017 | ||||
Series B | Jul 1, 2015 |
Beijing Tongcheng Bing Technology Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Matrix | Angel |
| CDH Investments | Series A |
| CLSA | IPO |
| N5Capital | Series D, Series D Extension |
| Prometheus Capital | Series C, Series C Extension |
| SIG Asia Investments | Series D Extension, Series D, Series C |
| China International Capital Corporation | IPO |
Beijing Tongcheng Bing Technology Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Firmographic Details
HeadquartersBeijing, Beijing
Employee Range395
Year Founded2014
Last FundingOct 4, 2024