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Top Startup Exits in Shanghai for 2026

In Shanghai, we rank 35 startup exits based on an algorithm that considers factors such as total investment, quarterly employee count, and website traffic. Startup exits in Shanghai are falling behind the performance of their global counterparts.

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Top Startup Exits in Shanghai for 2026

1st
Bilibili logo
BilibiliSB Score: 888Public Exit

Bilibili is an online entertainment platform featuring videos, live broadcasting, and mobile games.

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Website
www.bilibili.com
Employee range
5,001 – 10,000
Web Traffic (Monthly)
Funding amount
$516.6M
National Rank(China)
Regional Rank(East Asia)
Global Rank(Worldwide)
2nd
Pinduoduo logo
PinduoduoSB Score: 734Public Exit

Pinduoduo is an e-commerce platform that allows users to participate in group buying deals, mostly through Tencent’s Wechat app.

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Website
www.pinduoduo.com
Employee range
10,001+
Web Traffic (Monthly)
Funding amount
$1.7B
National Rank(China)
Regional Rank(East Asia)
Global Rank(Worldwide)

Total amount:34

Largest Startup Exits in Shanghai by Funding

The top three largest startup exits in Shanghai have raised total funding of more than USD 0. Among the top three funded exits, the most popular industry, based on total funding, is Fintech.
1st
Pinduoduo logo
PinduoduoSB Score: 734Public Exit

Pinduoduo is an e-commerce platform that allows users to participate in group buying deals, mostly through Tencent’s Wechat app.

View Full Page
Website
www.pinduoduo.com
Employee range
10,001+
Web Traffic (Monthly)
Funding amount
$1.7B
National Rank(China)
Regional Rank(East Asia)
Global Rank(Worldwide)
2nd
United Imaging Healthcare logo
United Imaging HealthcareSB Score: 611Public Exit

United Imaging Healthcare specializes in cutting-edge medical imaging and radiotherapy equipment. Their innovative technology enhances diagnostic accuracy and treatment outcomes for healthcare providers worldwide.

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Website
www.united-imaging.com
Employee range
5,001 – 10,000
Web Traffic (Monthly)
Funding amount
$503.5M
National Rank(China)
Regional Rank(East Asia)
Global Rank(Worldwide)
3rd
Fanli logo
FanliSB Score: 593Public Exit

Fanli operates an e-commerce shopping website in China. The website includes various home appliance business websites, including e-commerce company’s websites. Fanli lets users click on the rebate link to go to the corresponding merchant website to place an order and the merchant will pay a rebate for the user's order for a marketing fee. Gary Ge and Geng Yongchang founded Fanli in November 2006, with its headquarters in Shanghai in China.

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Website
www.fanli.com
Employee range
501 – 1,000
Web Traffic (Monthly)
Funding amount
$30M
National Rank(China)
Regional Rank(East Asia)
Global Rank(Worldwide)

Total amount:34

Top Hiring Startup Exits in Shanghai by Employee Size

The top three hiring startup exits in Shanghai have an average employee size that is larger than to the global average. Among these, the Ecommerce & Retail industry features the startup exit with the largest workforce.
1st
Pinduoduo logo
PinduoduoSB Score: 734Public Exit

Pinduoduo is an e-commerce platform that allows users to participate in group buying deals, mostly through Tencent’s Wechat app.

View Full Page
Website
www.pinduoduo.com
Employee range
10,001+
Web Traffic (Monthly)
Funding amount
$1.7B
National Rank(China)
Regional Rank(East Asia)
Global Rank(Worldwide)
3rd
Lufax logo
LufaxSB Score: 592Public Exit

Lufax is an investment and financing platform that provides investment and wealth management services.

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Website
www.lu.com
Employee range
10,001+
Web Traffic (Monthly)
Funding amount
$3B
National Rank(China)
Regional Rank(East Asia)
Global Rank(Worldwide)
4th
Bilibili logo
BilibiliSB Score: 888Public Exit

Bilibili is an online entertainment platform featuring videos, live broadcasting, and mobile games.

View Full Page
Website
www.bilibili.com
Employee range
5,001 – 10,000
Web Traffic (Monthly)
Funding amount
$516.6M
National Rank(China)
Regional Rank(East Asia)
Global Rank(Worldwide)

Total amount:35

Explore More Top Startups

Explore the Startup Ecosystem of Shanghai

National Rank

(China)

2nd

0

Regional Rank

(East Asia)

2nd

0

Global Rank

(WorldWide)

8th

1

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Top Cities for Startups in China - Ranked by StartupBlink

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
2026 National Rank CityGlobal RankTotal Score & National ShareAnnual Growth

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Quantity Score
Quality ScoreBusiness Score
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2nd
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8th
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81.43021.7%
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