
Lichuang Mall (Szlcsc)
Lichuang Mall is to provide a full range, spot sales, quality assurance, one-stop procurement platform.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
$36.4m | Series A | ||
Total Funding | 000k |
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Lichuang Mall, operating under the legal name Shenzhen Lichuang E-commerce Co., Ltd., is a prominent online B2B platform for electronic components based in Shenzhen, China. Founded in 2011, the company has established itself as a one-stop, self-service marketplace for electronic parts, catering to a wide spectrum of clients from individual hobbyists to large-scale manufacturing enterprises. The business model revolves around direct sales from a self-owned inventory, ensuring product authenticity and enabling rapid fulfillment. Revenue is generated through the sale of these components, with a vast catalog that includes items like amplifiers, diodes, resistors, sensors, and microcontrollers from over 3,300 manufacturers.
The company's core service is providing a streamlined procurement process for electronic components. It boasts an extensive, modern warehousing infrastructure, with over 130,000 square meters of space, holding more than 640,000 SKUs in stock. This significant in-house inventory allows for quick order processing, with dispatch times as fast as four hours. Beyond component sales, Lichuang Mall offers value-added services such as PCB and panel customization, warehousing, and comprehensive supply chain solutions. This vertically integrated approach is a key aspect of its market strategy, aiming to support the entire product development lifecycle for its customers.
Significant milestones in the company's history include several rounds of venture capital funding, raising a total of $51.7 million from investors like Sequoia Capital, Eastern Bell Venture Capital, and ShareLink Capital. A key strategic move was the acquisition of EasyEDA, a cloud-based EDA (Electronic Design Automation) software company. This acquisition integrated circuit design capabilities directly with component procurement, allowing users to design circuits and seamlessly order the necessary parts from Lichuang Mall's extensive library. This synergy creates a comprehensive ecosystem that extends from design to manufacturing. On January 1, 2021, Lichuang Mall was acquired by Shenzhen JLC Technology Group, further solidifying its position within a larger electronic industry conglomerate that also includes JLCPCB, a leading PCB prototyping manufacturer.
Keywords: electronic components distributor, B2B e-commerce, online component marketplace, Shenzhen, Lichuang Mall, szlcsc, JLC Technology Group, circuit design, PCB procurement, supply chain solutions, component warehousing, direct inventory sales, EasyEDA, JLCPCB, electronic parts sourcing, one-stop procurement, semiconductor distribution, passive components, active components, integrated circuits, hardware development support