Dafengshou

About Dafengshou

Established in 2014 by co-founders Yan Zitong and Tan Zexin, Dafengshou, operating as dfs168.com, is a multifaceted agricultural service platform headquartered in Shenzhen, China. The company has positioned itself as a comprehensive solutions provider within the agricultural sector, targeting a diverse client base that includes individual farmers, large-scale farms, agricultural industrial parks, and governmental and research institutions. Dafengshou's business is structured around three core pillars: an e-commerce marketplace for agricultural inputs, smart agriculture solutions, and production management services.

The company's primary revenue stream is its online marketplace, which offers a wide array of agricultural products such as pesticides, fertilizers, and farm tools. This platform aims to address inconsistencies in the quality of agricultural supplies while providing them economically to end-users. Beyond e-commerce, Dafengshou extends its offerings to include agricultural technology information, plant protection services, and training, effectively creating an integrated service ecosystem. In 2018, the firm expanded into production trusteeship, providing technical management for cash crops and later offering full-cycle management for field crops.

Dafengshou has demonstrated significant growth, backed by substantial venture capital investment. The company has successfully navigated multiple funding rounds, securing a total of $73.3 million. Its first round was in January 2016, followed by a major Series B round in June 2017 that raised $44.2 million, co-led by Matrix Partners China. Subsequent funding includes a Series C round in March 2019, led by China Growth Capital. Other key investors include Orchid Asia Group. This financial backing has enabled the company to continuously develop its technology and service offerings, solidifying its presence in the agricultural internet industry.