China · Funded startup

Who invested in Tuhu

3 rounds we have observed, with the 12 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

InternetLogistics

Valuation: $1.0B, Apr 2022

Funding summaryUpdated 26 Oct 2026

$850Mraised across 3 rounds since 2015, from 3 sources

$100MSeries C$450MSeries E$300MRound
Latest round
Round, $300MNov 2019
Biggest round
$450MSeries E · Sept 2018
Investors
12 (2 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2016201720182019
$100MSeries C$450MSeries E$300MRound
First round
Series C, $100M
Aug 2015
Biggest round
$450M
Series E · Sept 2018
Usual gap between rounds
3.1 years
the median of 2

The rounds

  1. Nov 2019
    Round$300M1 returning

    Reported by Equalocean

  2. Sept 2018
    Series E$450M7 new

    Reported by AVCJ

  3. Aug 2015

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Tengxun TouziVC firm2rounds
BaiduInvestment firm1round, led 1
Hill House CapitalWealth manager1round, led 1
Legend CapitalVC firm1round
The Carlyle GroupPrivate equity1round
Joy CapitalVC firm1round
JoyCompany1round
Far East HorizonPrivate equity1round
Welkin Capital ManagementFamily office1round
Grand Flightno record of our own yet1round
Sequoia Capital/ CICCno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Tuhu

Who invested in Tuhu?

Tuhu's investors include Tengxun Touzi, Baidu, Hill House Capital, Qiming Venture Partners and Legend Capital, and 7 more on record.

How much has Tuhu raised?

Tuhu has raised $850M across 3 rounds since 2015.

When did Tuhu last raise?

Tuhu's most recent round was an Undisclosed round of $300M in Nov 2019.

What was Tuhu's biggest round?

Tuhu's largest round on record is $450M (Series E), in Sept 2018, led by Baidu.

Who backed Tuhu first?

Tuhu's first round on record, in Aug 2015, was backed by Qiming Venture Partners, Legend Capital and Joy Capital and 2 others.

What stage is Tuhu at?

Tuhu's latest named round is an Undisclosed round, in Nov 2019.

Where is Tuhu based?

Tuhu is based in China.

Who led Tuhu's rounds?

Baidu led the Series E in 2018.

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