POIZON, also known as Dewu,[3] is an online marketplace[4][5] founded in 2015. Specializing in the trade of sneakers,[6] it is a
| Type | Private |
|---|---|
| Industry | E-commerce |
| Founded | 2015 |
| Founder | Yang Bing (CEO)[1] |
| Headquarters | Shanghai[2] |
| Products | Sneakers, garments, and accessories |
| Website | www |
POIZON, also known as Dewu,[3] is an online marketplace[4][5] founded in 2015. Specializing in the trade of sneakers,[6] it is also involved in the second-hand market.[7] It set up a product authentication center in Shanghai.[8] The platform primarily targets Gen Z.[9] In April 2019, it achieved unicorn status.[10] As of 2019, its annual transaction volume reached more than €1.9 billion,[11] which was more than triple that of StockX.[12]
POIZON was funded by Gaorong Capital,[13] and Digital Sky Technologies.[14] Its main products are branded sneakers,[15] apparel, and accessories.[16] On this shopping site, luxury items are often sold at large discounts.[17] Initially launched as a sneaker forum,[18] it became a marketplace in 2017.[19] As of June 2022, it was valued at more than $10 billion.[20] Currently, POIZON is focused on the Asian market.[21]
POIZON was established by Yang Bing in 2015.[22] Before its transformation into an e-marketplace, the platform was mainly engaged in sneaker trading.[23] As of November 2019, its monthly active users surpassed 10 million.[24]
As of June 2022, the number of MAUs on POIZON amounted to approximately 100 million.[25] By October 2024, the app had been downloaded more than 350 million times.[26]
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