How long will the boom last?

Received high amount of financing again Author: Internet Shengxing is a community group buying platform launched in 2018.

As far as platforms in the same period are concerned, it is still developing well and can be regarded as an established leading platform.

As far as the current large companies are concerned, how long can Shengxing survive?

Please follow the editor to see the development of prosperity and preferences.

First, how long can a rich person live?

How long will the boom last?

The prosperity of obtaining high financing again has been from the store self-delivery stage in 2014-2015, to the online warehouse stage in 2016, to the delivery station stage, and from the handwritten order stage in 2017 to the current online order system stage.

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The preferred business scope covers a wide range from first-tier cities to lower-tier markets.

It also extends supply chain logistics and distribution to all markets, including 13 provinces and municipalities, more than 6,000 prefecture-level cities, and more than 30,000 towns and villages.

Moreover, the current management and operation system is relatively complete.

Preferably, Shengxing's current average daily orders are 8 million orders, and the peak this year is 12 million orders.

In 2019, GMV will reach 10 billion yuan, and tax payments will exceed 54 million yuan.

In 2020, GMV is expected to reach 40 billion yuan, with tax revenue of approximately 200 million yuan.

The tax amount in the next three years is expected to exceed 500 million yuan.

Prosperity is favored by many capitals, including Tencent Investment, Capital Today, KKR, Zhongding Capital, Sequoia Capital, Zhen Fund, Jinshajiang Venture Capital and more than ten institutions.

This year it received US$800 million in Series C+ financing from KKR, Tencent Investment, Sequoia Capital China, and Tianyi Capital, and recently received a US$700 million strategic investment from JD.COM Group.

As can be seen from the above introduction, even though Prosperity has introduced many new platforms, it is still in a state of rapid development and has received attention from capital and the market.

There is no problem with Prosperity Preferred's current development, but it's unclear how long it can last before the market stabilizes.