What is Zhiou Technology? Zhiou Technology Review

Platform Overview

Zhiou Technology was founded in 2007 and focuses on cross-border e-commerce export business. It mainly sells home furnishings, furniture, pets and outdoor products on international e-commerce platforms such as Amazon, eBay, Alibaba and the company's own website. The company is currently one of the largest B2B2C cross-border e-commerce export companies in Henan Province.

The company has three independent brands, SONGMICS, VASAGLE and FEANDREA, and its products are sold in Europe, North America, Japan and other regions. In 2018, Zhiou Network has become the largest home furnishing seller on Amazon in Europe, and its sales in the five European countries account for more than half of Zhiou's total sales on Amazon.

Corporate Culture

Mission: To promote Chinese brands to go global and boost Made in China

Vision: Serving families around the world, gaining the trust of customers and making employees proud

Values: work diligently, be honest, continue to innovate, and pursue excellence

Honor Introduction

In 2018, the company was awarded "Amazon Seller Experience Officer", "Leading Emerging Employer of Liepin.com", and "Zhaopin.com Annual Selected Employer".

In 2019, the company's own brands SONGMICS and VASAGLE were listed in the "Top 100 Chinese Export Cross-border Brands on Amazon Global Selling in 2019"; the company was awarded the honorary titles of "Amazon's Most Popular Brand Seller of the Year", "Henan Province E-commerce Demonstration Enterprise", and "Zhaopin.com's Annual Preferred Employer".

Financing

In 2018, it received joint investment from IDG Capital and Anker Innovations.

In 2019, Zhiou Network received nearly 100 million yuan in financing in its B round, led by Jiayu Fund and followed by the original investor IDG Capital.

In November 2020, Zhengzhou Zhiou Home Technology Co., Ltd. (hereinafter referred to as Zhiou Technology) received a new round of financing from investors including IDG Capital, Jiayu Fund and Qianhai Fund of Funds. In this round of financing, IDG Capital and Jiayu Fund are both old shareholders, and Qianhai Fund of Funds is a new investment institution.

Development History

In 2020,

1. Open Amazon Netherlands Station;

2. Brand development strategy: the company is positioned as a global Internet home furnishing brand;

In 2019,

1. Both SONGMICS and VASAGLE, its brands, were selected into the “Top 100 Chinese Export Cross-border Brands on Amazon Global Stores”;

2. Amazon's most popular brand seller in 2019;

3. Introduced new partner Jiayu Fund, with IDG as follow-up investor, and completed the B round of financing;

4. Passed the certification of "National Technologically Advanced Service Enterprise" and "Henan Province E-commerce Demonstration Enterprise";

In 2018, the ironwood furniture brand VASAGLE and the pet products brand FEANDREA were launched;

In 2017, it was awarded the honorary title of “Amazon All-Round Seller” and entered the Japanese market.

In 2016, the company’s performance doubled, and it proposed “Made in China, keep going.”

In 2014, it entered the North American market and achieved sales of over 100 million yuan.

In 2012, the Songmics brand was launched.

In 2007, Zhiou was born, starting with eBay Germany.

References

• 1. Home furnishing cross-border e-commerce company Zhiou Technology received a new round of financing: E-commerce News [cited on 2020-11-22T16:00:00.000Z]