Ule
4th Floor, No. 99 Jianhao Road, Shanghai, China
Overview
Ule.com (邮乐网) is a joint venture established by China Post and Hong Kong TOM Conglomerate, and it is an e-commerce platform mainly focusing on the online-to-offline model. It mainly offers branded garments, luggage, shoes and hats, personal care products, daily home products, healthy food, maternity & baby products, digital home appliances and so on. Ule.com also offers various ordering services. The online ordering services include placing orders via internet and mobile phones while the offline ordering services include ordering from mailed catalogues, ordering at sales agencies, ordering by calling 11185 to get a door-to-door service, placing orders by the customer service manager, and more. Founded in 2009, Ule.com received 110 million dollars fund in 2014, the value of which may reach 830 million yuan.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- E-Commerce
- Internet
- Mobile
Investment portfolio
- Rubikloud
Participated · Series A · Jan 2015
Rubikloud provides a cloud-native platform and two flagship applications that automate mass promotional planning and loyalty-driven marketing for multi-billion-dollar retailers. The platform automates OLAP data integration with legacy retail applications and data warehouses, enabling instant deployment of AI applications. Those AI applications deliver automated instructions to execution layers such as retailers’ ERP, supply chain systems, marketing automation tools, and in-store experiences. Rubikloud currently works with some of the world’s largest retailers. The company has raised $45M to date and will use the new funding to expand its offices into Europe and Asia. The company is led by CEO Kerry Liu and is headquartered in Toronto, Canada. Rubikloud provides a platform that consolidates, normalizes and analyzes messy retail data across multiple systems and pushes actionable insights directly to retailers. The company began by helping online retailers boost conversion during checkout but expanded to serve omnichannel and brick-and-mortar retailers after recognizing most sales occur offline. Early customers in the fashion, health and beauty verticals generate about $25 billion in sales annually, and Rubikloud aims to increase those sales by identifying and engaging high-value customers. Retailers connect their data stores to Rubikloud’s system so they do not need to build in-house data solutions or hire expensive consultants. To scale, Rubikloud plans to grow headcount from 13 to roughly 25–30 by year-end, increase its data science team and expand further in North America and China. The company has raised external funding to support this expansion, including a recent Series A. Rubikloud offers a unified big-data platform that connects directly to customers' backend infrastructure and siloed analytics systems to analyze origin and performance data and surface conversion and revenue insights. The product installs in about half an hour and includes custom connectors and a dashboard that enables real-time queries (for example, comparing browser performance by geography and resulting conversion rates). The company has been testing its platform in beta with about half a dozen clients and has grown its team from three to seven employees. Rubikloud was founded by Kerry Liu, Daniel Theirl, and Frank Thomas and is based in Toronto. Financially, the company has secured seed funding to support development and commercialization. It expects to publicly launch its product early next year.
Team
No current team members are available.