Googut Wine&Spirits Co.,Ltd. Asset Profile

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Year established

2012

Location

Beijing China

Primary Industry

Consumer Products

About

Founded in 2012 and based in Beijing, China, Googut Wine&Spirits Co.,Ltd. is a vertical e-commerce company of liquor service that focuses on liquor promotion and auction platform. It has branch offices and warehousing bases in Shanghai, Guangzhou, Shenzhen, Chengdu, Hong Kong and other cities in China. The company participated in the establishment of the China Wine Collection Committee of China Wine Circulation Association and has established cooperative relationship with Jiangnan University and other scientific research institutions. As of May 2015, Goethe Yingxiang wholly acquired the wine e-commerce company, yesmywine. The company cooperatws with more than 1000 wineries or wine merchants around the world, with more than 12,000 products and nearly 10 million registered members. In March 2019, it raised CNY 1000 million in strategic investment funding from new investor Everbright Private Equity. Googut Wine&Spirits Co.,Ltd.'s business can be categorized into 4 sections, which are operation of aged wine, branded liquor agency, O2O new retailing of wine, and investment and M&A in the wine industry. Services within include old wine recycling, trading, auction consignment, chain monopoly, liquor e-commerce, and wine fund. The company owns the Zangjiu.com, which is a liquor e-commerce platform. It also provides users with sales of branded products such as Moutai, Wuliangye, Luzhou Laojiao, Jiannanchun, Shuijingfang.

Current Investors

China Everbright Limited

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Primary Industry

Consumer Products

Sub Industries

Alcoholic Beverages, Retail, Financial Services

Verticals

E-commerce

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

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