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UC Express

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UC Express is a Chinese logistics company that provides nationwide express delivery services

Huangpu, ChinaFounded 2009Transportation
Valuation $100–250M Last recorded · 2019
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for UC Express and the history behind them.

About UC Express

UC Express, known in China as YOUSU Logistics (优速快递), was established in 2009 and carved out a specific niche within the competitive Chinese logistics market by focusing on large parcel delivery. The company was founded by Yu Lianbing, a veteran of the courier industry who had previously been involved in founding other logistics companies. His journey began with various roles before he identified the potential in China's express delivery sector, leading him to establish UC Express with a strategic focus on heavier shipments to differentiate from competitors.

The company's headquarters were initially in Dongguan before relocating to Shanghai. A pivotal moment in the company's history was its strategic shift in 2015 to specialize in the delivery of large parcels, generally defined as items weighing between 3kg and 100kg. This focus attracted corporate clients and strategic partners, including prominent names like Haier, Huawei, and Foxconn. In 2019, UC Express was integrated into the YM Global (壹米滴答) group, operating as its express delivery brand. Following the unexpected passing of founder Yu Lianbing in May 2019, the board appointed Yang Xingyun as the new CEO in July of that year.

UC Express operates primarily in the domestic Chinese market, providing trackable and insured express delivery services for both individual and business clients. Its business model centers on offering cost-effective solutions for large and heavy parcels, a segment often underserved by standard couriers. The service portfolio is tiered by weight, such as the U3 service for packages up to 3kg and the U10 service for items from 3-10kg, which includes value-added options like upstairs delivery. The company generates revenue through the provision of these nationwide logistics services, which also include warehousing and supply chain management solutions. While its main operations are domestic, UC Express also handles the domestic leg of international shipments and offers services between mainland China and Hong Kong/Macau.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2009
Headquarters
Huangpu, China
Open positions
None listed
Dealroom signal
18.3/100
Industry
Transportation
Sub-industry
Logistics & Delivery
Sector
Transportation, Delivery
Client focus
b2b
Links
Website

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES C✓Equity / VC Jan 2019 $30M $119M GLP —
SERIES B✓Equity / VC Apr 2018 $0 — Undisclosed —
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Growth signals

UC Express website traffic

Latest recorded traffic for UC Express is 140K monthly website visits, up 0% over the last three months.

Latest monthly visits140K 3-month web change0%
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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later1 investor entered at this stage

  • GLP
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇳 China · Huangpu HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about UC Express on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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