How many total E-Commerce Logistics companies are there in China?

As of October 2026, China has 177 active E-Commerce Logistics companies.

How many E-Commerce Logistics companies in China are funded?

As of October 2026, 77 companies have received funding in this sector.

What is the total funding raised by E-Commerce Logistics companies in China?

E-Commerce Logistics companies in China have collectively raised $10.9B in funding till date.

Which is the highest funded E-Commerce Logistics company in China?

As of October 2026, Lalamove has raised $2.28B in funding, highest among the funded E-Commerce Logistics companies in China.

How many E-Commerce Logistics unicorns are there in China?

China has produced 3 unicorns in the E-Commerce Logistics sector till date.

List of 221 E-Commerce Logistics Startups in China & Market Trends (Oct 2026)

Q: Who are the top investors in E-Commerce Logistics companies in China?

The top investors in E-Commerce Logistics companies in China by number of investments are Plug and Play Tech Center and Kleiner Perkins.

The E-Commerce Logistics sector in China comprises 221 companies, including 77 funded companies having collectively raised $10.9B in venture capital money and private equity. Out of these, 35 are Series A+ funded, and 3 have achieved unicorn status.

E-Commerce Logistics sector in China has seen 1 acquisition and 7 IPOs.

This sector includes companies providing technology-enabled logistics services focused on the e-commerce industry.

E-Commerce Logistics sector is also known as E-Commerce Logistics Solutions, Advanced E-Commerce Logistics or Digital E-Commerce Logistics.

Companies providing logistics platforms, self-driving delivery vehicles, and drones for logistics are included in this sector. Companies providing logistics solutions not for E-Commerce; traditional logistics services; platforms selling returned inventory; warehouse management, inventory management, demand forecasting and order management software solutions; software solutions for managing logistics are excluded.

Key Metrics

Total Companies

221

Top Companies

Cainiao, Lalamove & more

Total Funding

$10.9B

Funded Companies

Series A+ Companies

Series C+ Companies

Unicorns Created

IPOs

Acquisitions

Also known as

E-Commerce Logistics Solutions or Advanced E-Commerce Logistics

View complete details of this sector

There are 221 E-Commerce Logistics startups in China which include Cainiao, Lalamove, ScanTrust, Easyship, ZTO Express. Out of these, 77 startups are funded, with 35 having secured Series A+ funding, and 3 achieving unicorn status.

2026 has seen the creation of 2 E-Commerce Logistics startups in China. Over the past 10 years, an average of 9 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Bocconi University, Columbia University and Imperial College London.

1. Cainiao

Tech-enabled end-to-end delivery service provider. The company has multiple warehouses and express delivery stations, which provide same-day and next-day delivery services across cities. Other than e-commerce deliveries, it also provides grocery delivery services.

Key facts about Cainiao

Founded Year: 2013
Location: Hangzhou (China)
Stage: Acquired
Total Funding till date: $290M
Investors: Khazanah Nasional Berhad, GIC and 6 Others
Latest Funding Round: PE, Jul 11, 2018, $*****
Tracxn Score: 76/100 What is this?
Competitors Rank: 2 of 600 Competitors

2. Lalamove

Tech company providing on demand delivery solutions. It provides same-day delivery and courier services, allowing users to send a variety of products such as documents, food and beverage items, flowers, gadgets, and furniture. Users may track packages in real time. It is an on-demand delivery platform that provides van and vehicle rental.

Key facts about Lalamove

Founded Year: 2013
Location: Kowloon (China)
Stage: Series F
Total Funding till date: $2.28B
Investors: Hillhouse, Mindworks Capital and 22 Others
Latest Funding Round: Series F, Dec 16, 2021, $*****
Tracxn Score: 74/100 What is this?
Competitors Rank: 1 of 2 Competitors

View full list of companies in this sector

3. ScanTrust

ScanTrust creates copy-proof QR codes for use by retailers. The solution can be placed on product packages and verified using a smartphone and helps manufacturers protect against counterfeit goods as well as aids consumers to determine whether a potential purchase is real or fake.

Key facts about ScanTrust

Founded Year: 2014
Location: Beijing (China)
Stage: Series A
Total Funding till date: $5.53M
Investors: Orbit Ventures, Credit Suisse Entrepreneur Capital and 22 Others
Latest Funding Round: Grant (prize money), Oct 05, 2022, $*****
Tracxn Score: 63/100 What is this?
Competitors Rank: 34 of 2,189 Competitors

4. Easyship

Easyship is a provider of shipping solutions for eCommerce sellers. It allows eCommerce merchants and marketplaces to integrate shipping gateway to their shopping cart. The users can also import the orders manually into the system and compare & choose the shipping partner. Once the shipping labels and other documents are attached, the package will be picked up from the customer's doorstep. The solution can be integrated with Amazon, Shopify, eBay, Etsy, and Lazada among others. The company claims to have more than 1000+ sellers including Alzando, Racing the Planet, and Kix-Files among others.

Key facts about Easyship

Founded Year: 2014
Location: Hong Kong (China)
Stage: Series A
Total Funding till date: $4M
Investors: 500 Durians, Kima Ventures and 9 Others
Latest Funding Round: Series A, Nov 29, 2018, $*****
Tracxn Score: 63/100 What is this?
Competitors Rank: 19 of 1,008 Competitors

5. ZTO Express

Provider of E-Commerce and Retail logistics platform. It offers express delivery as its core business, integrating cross-border, express, commerce, cloud warehouse, aviation, cold chain, finance, intelligence, Tuxi community life services, and Zhongkuai digital marketing A comprehensive logistics service enterprise integrating ecological sectors. ZTO Express is the first in the industry to open inter-provincial network shuttle buses, implement and improve the paid delivery mechanism, optimize the secondary transfer fee settlement system, and launch a national network shareholding system.In 2022, the company recorded annual revenues of $5.26B and a net profit of $1B.

Key facts about ZTO Express

Founded Year: 2002
Location: Shanghai (China)
Stage: Public
Investors: HongShan, Affirma Capital and 8 Others
Latest Funding Round: Post IPO, Aug 25, 2022, $*****
Tracxn Score: 62/100 What is this?
Competitors Rank: 9 of 600 Competitors

Access the full list of 221 E-Commerce Logistics Startups in China

Companies founded year-on-year in the E-Commerce Logistics sector in China

2 new startups have been founded so far in 2026 in the E-Commerce Logistics sector in China. 20 E-Commerce Logistics startups in China were founded in 2017 - this is the most number of startups founded in any year in the last 10 years.

Total Number of Companies

Year	No. of companies
2026	2
2025	1
2024	4
2023	2
2022	7
2021	6
2020	17
2019	17
2018	14
2017	20

Stage-wise distribution of E-Commerce Logistics sector companies in China

Out of the total 221 E-Commerce Logistics companies in China, 77 have secured funding. Among them, 35 have reached Series A or higher, and 22 to Series B or beyond.

Founded - 221

Funded - 77

Series A+ - 35

Series B+ - 22

Series C+ - 13

Company Stage	No. of companies
Founded	221
Funded	77
Series A+	35
Series B+	22
Series C+	13

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Total funding year-on-year in the E-Commerce Logistics sector in China

The E-Commerce Logistics sector in China saw a total funding of more than $9.51B in the last 10 years. The most amount of funding was in 2021 at more than $2.5B.

Total Funding

Year	Total Funding
2026	-
2025	$600M
2024	$108M
2023	$8.09M
2022	$872M
2021	$2.5B
2020	$2.14B
2019	$496M
2018	$1.76B
2017	$1.02B

Recent Funding Rounds in E-Commerce Logistics in China

In the year 2026, till April 2026, E-Commerce Logistics companies in China have raised equity funding across 2 rounds.

Here are some recent, important funding rounds in E-Commerce Logistics companies in China:

Company	Round Raised	Amount Raised	Funding Date	Investors
Ushi Retail	Series B	1146	Apr 30, 2026	Qianhai Ark and 2 more
Neolix	Series D	3095	Feb 06, 2026	Tencent
Neolix	Series D	4005	Oct 23, 2025	Stone Venture and 10 more
Jumppoint	Series A	9149	Dec 10, 2024	Mindworks Capital
Easyya	Series B	5882	Aug 27, 2024	CICC and 1 more

See a more detailed list of funding rounds

Plug and Play Tech Center is the top investor in E-Commerce Logistics companies in China based on number of companies invested.

Here are some top investors in E-Commerce Logistics companies in China:

Investor	Location	Top Portfolio Companies
Plug and Play Tech Center	Sunnyvale (United States)	Ushi Retail and Keeedu
Kleiner Perkins	Menlo Park (United States)	Chukou1.com
SoftBank Vision Fund	London (United Kingdom)	-
Mindworks Capital	Hong Kong (China)	Lalamove, Jumppoint and Olasso
Innoven Capital	Mumbai (India)	-

See a more detailed list of investors

In the year 2017, till September 2017, 1 acquisition happened in E-Commerce Logistics sector in China.

Here are some recent, important acquisitions in E-Commerce Logistics sector in China:

Company	Acquisition Type	Acquisition Date	Acquirers
Cainiao	Business Acquisition	Sep 26, 2017	Alibaba Group

See a more detailed list of acquisitions

Acquisition trends in E-Commerce Logistics sector in China

Here are the acquisition trends in E-Commerce Logistics sector in China:

Total Number of Acquisitions

Year	No. of companies
2026	-
2025	-
2024	-
2023	-
2022	-
2021	-
2020	-
2019	-
2018	-
2017	1

In the year 2023, till November 2023, 1 IPO happened in E-Commerce Logistics sector in China.

Here are some recent, important IPOs in E-Commerce Logistics sector in China:

Company	IPO Date	Exchange Symbol
Globavend	Nov 08, 2023	National Association of Securities Dealers Automated Quotations (NASDAQ)
GOGOX	Jun 24, 2022	Hong Kong Exchanges (HKG)
Huitongda	Feb 18, 2022	Hong Kong Exchanges (HKG)
ZTO Express	Sep 29, 2020	Hong Kong Exchanges (HKG)
Luokung	Jan 03, 2019	National Association of Securities Dealers Automated Quotations (NASDAQ)

See a more detailed list of IPOs

Companies founded by alumni from top colleges in the E-Commerce Logistics in China

Most number of E-Commerce Logistics startups in China have been founded by alumni from Bocconi University, Columbia University and Imperial College London.

College	No. of companies
Bocconi University	1
Columbia University	1
Imperial College London	1
Rotterdam School of Management, Erasmus University	1
Stanford University	1
The Chinese University of Hong Kong (CUHK)	1
The Wharton School	1
Tsinghua University	1
University of California (Los Angeles)	1

Total funding in E-Commerce Logistics companies founded by alumni from top colleges in China

In the last 10 years, Stanford University and University of California (Los Angeles) graduates' E-Commerce Logistics companies in China have raised the most funding among top colleges, and Bocconi University alumni are third.

College	Total Funding
Stanford University	$2.28B
University of California (Los Angeles)	$2.28B
Bocconi University	$4M
Columbia University	-
Imperial College London	-
Rotterdam School of Management, Erasmus University	-
The Chinese University of Hong Kong (CUHK)	-
The Wharton School	-
Tsinghua University	-