STARTUP PROFILE

Zailouxia

Updated: 07/2018

Zailouxia

China / Beijing , China

Website

Series A 05/2018

Pitch

Zailouxia, which installs public refrigerators in residential neighborhoods, enables users to get fresh produce just downstairs.

Why

Not enough convenience stores

There is a shortage of convenience stores in residential blocks across China.

Irritating shopping experience

Customers don’t like making long trips to purchase urgently needed groceries.

Market

RMB 255.4 billion

Convenience store sales volume in China expected to reach RMB 255.4 billion by 2022, with a compound annual growth rate of around 11.66%.

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