Shangby

Shangby

Experience the thrill of live shopping in Shanghai, where unbeatable prices and exclusive finds await.

Founded 2006 Series A Total: $1.00M E-Commerce, Fashion +3

Shangby is a unique e-commerce platform offering an exciting live shopping experience connecting Western customers with affordable items from China. Founded in 2006 and headquartered in Austin, Texas, and Shanghai, China, the company introduces users to "shopping events" via live video feeds from Shanghai's jewelry stores. Referred to as the "Shangbuyer," a user leads the shopping guide and video crew, focusing on specific items and negotiating prices, with sessions recorded and available for purchase on the platform. Shangby's appeal lies in substantial cost savings, with items under $1000 in the US being 5 to 10 times cheaper in China and items over $1000 being 2 to 5 times cheaper. The platform partners with reputable merchants, offering non-branded merchandise. The latest funding round of $1.00M Series A investment was secured on 01 June 2007, with participation from G51 and The Draper Richards Kaplan Foundation. Shangby charges a handling fee of 15% per purchase, along with a $30 shipping fee for orders under $400. The company operates in the E-Commerce, Fashion, Internet, Social Media, and Media industries.

Funding Stage	Amount	Investors	Lead Investors	Date
Series A	$1.00M	2	G51, The Draper Richards Kaplan Foundation	01 Jun 2007

Funding Stage

Amount

Investors

Lead Investors

Date

Series A

$1.00M

G51, The Draper Richards Kaplan Foundation

01 Jun 2007

FAQ About Shangby

Experience the thrill of live shopping in Shanghai, where unbeatable prices and exclusive finds await.

Shangby was founded in 2006.

Shangby operates in E-Commerce, Fashion, Internet, Social Media and Media. Its work centres on live shopping, Shanghai, shopping events and affordable items.

Shangby has completed 1 funding round, raising a total of $1.00M. The latest funding stage is Series A.

Top alternatives and competitors to Shangby include ShopShops, 北京速途网络科技股份有限公司, Reality Based Group, Adlucent, Shopkhoj. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Shangby and ShopShops are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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FAQ About Shangby