Boqii Holding Ltd. BQ

What this company does

Boqii Holding Limited generates revenues primarily from transactions completed on its online sales platforms and by supplying products to physical pet stores it cooperates with. It had approximately 4.4 million active buyers for the year ended March 31, 2026. As of March 31, 2026, it offered approximately 22,915 SKUs from approximately 589 brands, including approximately 63 international brands. It had cooperated with over 15,000 physical pet stores and pet hospitals as of March 31, 2026 to further extend its product and service offerings to connect with users and customers in their neighborhoods. During the three years ended March 31, 2024, 2025 and 2026, it connected approximately 578 brand partners with pet parents in China, such as Royal Canin and Pedigree. It supplies branded products and private label products, mostly in bulk, to physical pet stores and pet hospitals at discounted prices. It has also introduced a proprietary SaaS solution, which provides inventory management, membership management, price information and other services, to offline stores. It developed its private label brands, Yoken and Mocare, in 2015 and 2018, respectively.

Written from the business description in BOQII HOLDING LIMITED's annual report to the U.S. Securities and Exchange Commission, filed 13 July 2026. Every sentence was checked against that document before publication.