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How 56PINGTAI CEO Edward Xu grew 56PINGTAI to $150M revenue with a 1000 person team in 2024.

56PINGTAI is an Internet company that develops and operates an online logistic parks network management & road transportation platform.

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56PINGTAI Revenue

In 2024, 56PINGTAI's revenue reached $150M. Since its launch in 2013, 56PINGTAI has shown consistent revenue growth.

56PINGTAI Revenue GrowthReported revenue / ARR by year$0$40M$80M$120M$160M2013201520172019202120232024$0$150MSource: GetLatka.com
YearMilestone
202456PINGTAI Hit $150m revenue in December 2024
2013Launched with $0 revenue

56PINGTAI Valuation, Funding Rounds

56PINGTAI reached a $1.1B valuation in 2018, set during its Series C round.

56PINGTAI has raised $79.2M in total funding across 1 round, most recently a $79.2M Series C round in 2018.

56PINGTAI Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$250M$500M$750M$1B$1B2013201420152016201720182013 cumulative: $0 • 2013 Founded: $02018 cumulative: $79M • 2013 Founded: $0 • 2018 Series C: $79M @ $1B valuation$79M2013 Founded: $0 valuation2018 Series C: $1B valuation$1BSource: GetLatka.com
YearRoundAmountValuation% Sold
2018Series C$79.2M$1.1B7%

56PINGTAI Employees & Team Size

56PINGTAI employs approximately 1K people as of 2026.

56PINGTAI has 1K total employees in different roles and functions.

56PINGTAI Team GrowthReported headcount over time02505007501,0001,2502013201520172019202120232025001,0001,000Source: GetLatka.com
YearMilestone
2025Reached 1K employees (December 2025)

Founder / CEO

Edward Xu

Edward Xu is listed as Founder / CEO at 56PINGTAI.

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Customers

We do not have customer count information for 56PINGTAI yet.

Frequently Asked Questions about 56PINGTAI

What is 56PINGTAI's revenue?

56PINGTAI generates $150M in revenue.

Who founded 56PINGTAI?

56PINGTAI was founded by Edward Xu.

Who is the CEO of 56PINGTAI?

The CEO of 56PINGTAI is Edward Xu.

How much funding does 56PINGTAI have?

56PINGTAI raised $79.2M.

How many employees does 56PINGTAI have?

56PINGTAI has 1K employees.

Where is 56PINGTAI headquarters?

56PINGTAI is headquartered in Shanghai, China.

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Compare 56PINGTAI to the industry

56PINGTAI operates across multiple industries. Browse revenue, funding, and growth data for 56PINGTAI in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .