When was YQN founded?

YQN was founded in 2015 and became a unicorn in 2021.

Where is YQN located?

YQN is headquartered in Shanghai, China.

Who is the current CEO of YQN?

Shihao Z of YQN. They have also founded 1 company.

How many employees does YQN have?

As of Sep 30, 2026, the latest employee count at YQN is 456.

Is YQN a funded company?

YQN is a funded company, having raised a total of $300M across 8 funding rounds to date. The company's 1st funding round was raised for an undisclosed amount in a Series A round on Jun 11, 2015.

How much is YQN worth?

The latest valuation of YQN is $1B as of May 25, 2021.

When was the latest funding round of YQN?

YQN's latest funding was a $150M Series D round on May 25, 2021, with participation from 2 investors.

Is YQN a Logistics Tech company?

The primary sector of YQN is Logistics Tech.

Where does YQN rank among its competitors?

YQN ranks 33rd amongst 1286 active competitors, of which 60 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Shippio, which secured $12.3M in Oct, 2025.

Who are the top competitors of YQN?

YQN's top competitors include Flexport, Forto and Zencargo. Among them, Shippio secured the most recent funding round in October, 2025.

YQN - 2026 Company Profile, Team, Funding & Competitors

YQN is a series D company based in Shanghai (China), founded in 2015 by Shihao Z and Alice Xu. It operates as a Tech-enabled company offering digital freight forwarding services. YQN has raised $300M in funding from investors like China Merchants, DCM Ventures and Coatue, with a current valuation of $1B. The company has 1286 active competitors, including 60 funded and 78 that have exited. Its top competitors include companies like Flexport, Forto and Zencargo.

Sectors and market segments that YQN operate in

YQN serves in the Transportation and Logistics Tech market segments.The primary business model of YQN is:

Transportation and Logistics Tech > Logistics Tech > ***** **** > ***** ******

Company Details

Tech-enabled company offering digital freight forwarding services. The company offers logistics services covering sea freight, air freight, rail freight, multimodal, and logistics solutions. They provide visibility and control through their platform for freight management.

Key Metrics

Founded Year

2015

Location

Shanghai, China

Stage

Series D

Total Funding

$300M in 8 rounds

Latest Funding Round

Series D, May 25, 2021, $150M

Post Money Valuation

$1B as on May 25, 2021

Investors

China Merchants & 13 more

Ranked

33^rd among 1286 active competitors

Employee Count

456 as on Sep 30, 2026

Similar Companies

Flexport & 697 more

View YQN's full profile

YQN has raised a total funding of $300M over 8 rounds. Its first funding round was on Jun 11, 2015. Its latest funding round was a Series D round on May 25, 2021 for $150M. 2 investors participated in its latest round. YQN has 14 institutional investors.

Here is the list of recent funding rounds of YQN:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 25, 2021	$150M	Series D	-	-	CITIC Capital, Xiang He Capital	-
Jun 11, 2019	$70M	Series C	-	-	HSG	Coatue
Feb 20, 2019	$10M	Series B	-	-	Coatue	DCM Ventures, Source Code Capital, China Merchants

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View details of YQN's funding rounds and investors

The founders of YQN are Shihao Z and Alice Xu. Shihao Z is the CEO of YQN.

Here are the details of YQN's key team members:

Shihao Z: Founder & CEO of YQN.
Alice Xu: Co-Founder of YQN.

View details of YQN's Founder profiles and Board Members

YQN's employee count trend

YQN has 456 employees as of Sep 26. Here is YQN's employee count trend over the years:

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Top competitors of YQN include Flexport, Forto and Zencargo. Here is the list of Top 10 competitors of YQN, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Flexport 2013, San Francisco (United States), Series E	Provider of end-to-end supply chain logistics platform	$2.5B	First Round Capital, DST Global & 120 others	74/100
2nd	Forto 2016, Berlin (Germany), Series D	Provider of tech-enabled freight forwarding services	$610M	Northzone, Inven Capital & 30 others	69/100
3rd	Zencargo 2017, London (United Kingdom), Series B	Provider of digital freight forwarding and supply chain management services	$66.4M	HV Capital, LocalGlobe & 35 others	63/100
4th	Nuvocargo 2018, New York City (United States), Series B	Tech-enabled freight forwarding service provider	$75.6M	QED Investors, Tiger Global Management & 30 others	63/100
5th	Shippio 2016, Tokyo (Japan), Series C	Provider of tech-enabled multi-modal freight forwarding services	$46M	YJ Capital, East Ventures & 22 others	62/100
6th	Full Truck Alliance 2017, Guiyang (China), Public	Tech-enabled freight forwarding service provider	$1.69B	CapitalG, SoftBank Vision Fund & 10 others	60/100
7th	sennder 2015, Berlin (Germany), Series D	Tech enabled trucking services	$413M	Lakestar, HV Capital & 54 others	59/100
8th	C.H. Robinson Worldwide 1905, Eden Prairie (United States), Public	Provider of third-party logistics and supply chain management services	-	-	59/100
9th	Intoglo 2022, Delhi (India), Series A	Provider of freight forwarding customs brokerage trucking and warehousing services	$2.55M	Alluvium Commerce, India Quotient & 12 others	59/100
10th	Airspace 2016, Carlsbad (United States), Series D	Offers web-based cargo management solutions for the air logistics industry	$138M	Defy, Telstra Ventures & 10 others	58/100
33rd	YQN 2015, Shanghai (China), Series D	Tech-enabled company offering digital freight forwarding services	$300M	DCM Ventures, Sumitomo & 12 others	50/100