Youzan opens a store for a fee, although you can try it for free for a period of time in the early stage, but in the final cooperation, you still have to pay for it, so there is no free version of the official version of Youzan.
Youzan, formerly known as Pocketcom, was incubated and founded on November 27, 2012 at Beta Cafe in Hangzhou. It is an enterprise mainly engaged in retail technology SaaS services, helping merchants to open stores online, social marketing, improve retention repurchase, and expand omni-channel new retail business.
On November 27, 2014, Pocket Pass officially changed its name to Yuzan.On April 18, 2018, Yuzan completed its IPO in Hong Kong.In April 2019, Tencent led Yuzan's HK$1 billion financing.On August 8, 2019, Yuzan received $30 million in strategic investment from Baidu.On April 8, 2020, Yuzan raised $100 million in financing, investing in system research and development and merchant services.
On May 28, 2020, Yourzine announced that a Baidu affiliate exercised Qima warrants in full for a cash consideration of $29,999,800 USD. This also means that Baidu's strategic investment in Yourzine was officially delivered.
Youzan owns: Youzan Micro Mall, Youzan Chain, Youzan Retail, Youzan Beauty, Youzan Small Programs, Youzan Education, Youzan Catering and Youzan College, which are SaaS software products and talent services that comprehensively help merchants operate mobile social e-commerce and omni-channel new retail.
Youzumi Cloud PaaS cloud service for developers, Youzumi Promotion and Youzumi Distribution for brand owners, and Youzumi Select and Youzumi Micro Shop for consumers.
Youzan Public Welfare
In July 2016, Youzan officially launched the "Free Shop for Public Welfare Organizations" program, where public welfare organizations can not only use the system of Youzan free of charge, but also enjoy free operation services and resource docking services. Nearly 200 public welfare organizations, including Alashan SEE Ecological Association, have already opened stores for free in Yourzine.
In 2019, Yourzine officially launched the "Green Water and Green Mountain Program" with Tencent Public Welfare and the Alaska SEE Foundation, calling on all sectors of the society to support the "Noah's Ark" project of the Alaska SEE Foundation to ****together protect the ecological environment. The program is a great way to protect the ecological environment.
Bai Crow, CEO of Yourzine, believes that Yourzine's approach to public welfare is not to donate money directly, but to support other public welfare organizations, to be their partner, to support those who are not willing to rely on fundraising alone, but also hope to seek sustainable development through self-operation of the public welfare organizations, and to help them achieve self-blood-support.