What Yimutian does

Yimutian Inc. operates an agricultural B2B e-commerce platform headquartered in Beijing, China, and listed on Nasdaq under ticker YMT. The company digitalizes China's agricultural supply chain, facilitating trading between buyers and sellers of agricultural products through its core Yimutian digital platform and AI-powered tools. Its flagship WolaiCai AI Agent, described as China's first AI agent deeply embedded in agricultural product trading, processes over 200 million tokens daily and is available in buyer and seller versions that match procurement requirements with supply sources, provide quotation assistance, and execute transactions. The company reports AI-driven transaction efficiency improvements of over 50% and projects AI initiatives to contribute more than US$10 million in full-year revenue growth on a trailing revenue base of approximately US$20.5 million.

Yimutian pursues an integrated farm-to-table ecosystem combining its online platform with the Wolaicai Agricultural Service Station offline network, Wozhongtian AI-enabled demonstration farms in Guangdong and Guangxi provinces, and recently acquired subsidiaries. In March 2026, the company signed a binding agreement to acquire Ningbo Xunxi Technology Co., Ltd. for RMB 50 million, bringing in approximately 200 institutional clients, over 2 million registered members, 250,000+ products, and RMB 340 million in 2025 audited revenue. In February 2026, Yimutian entered a preliminary agreement to acquire Hunan Jiufeng Agriculture, a vertically integrated premium camellia oil producer with 150,000 mu of farmland, extending the company into consumer-facing agricultural products.

Revenue is generated through B2B platform transaction fees, enterprise procurement services via the Xunxi platform, and subscription/usage-based AI product revenue. The company also operates offline agricultural service stations providing inputs, advisory services, and crop offtake, with the first station in Henan Province generating RMB 235,000 in orders within its first hour. Management targets RMB 1 billion (~US$140 million) in 2026 revenue. The company has received multiple Nasdaq deficiency notices related to minimum bid price and market value requirements and executed a 15-for-1 ADS reverse split effective May 18, 2026, while pursuing growth through acquisitions, AI deployment, and physical distribution expansion.

Name

Yimutian

Legal name

Yimutian Inc.

Website

https://ymt.com

Company type

Public

Founded year

2011

Operating status

Operating

Headcount range

51–100 employees

Short description

Yimutian is a Beijing-based agricultural B2B e-commerce platform that operates the WolaiCai AI Agent for agricultural product trading, serving merchants, institutional buyers, and farmers through its digital platform, offline service stations, AI-enabled demonstration farms, and recently acquired enterprise procurement and camellia oil businesses.

Ownership category

akta.pro rank

Product category

Agricultural B2B E-commerce and Digital Procurement

NAICS

Farm Management Services (115116), Oilseed and Grain Farming (1111)

SIC

Agricultural Services (700), Services-Computer Programming Services (7371)

akta.pro primary industry

Agriculture Inputs & Farm Supply Marketplaces (CRAFAHAL)

akta.pro secondary industries

B2B/EDI & Supply Chain Process Automation Platforms (HDAEAHAK), Farm Management & Decision Support Software (FMIS, ERP, Recordkeeping) (AFAGALAA), Farm Technology Enablement & Data Integration Advisory (FMIS/ERP, IoT, Decision Support) (AFACAJAG)

Keywords

• Agricultural B2B e-commerce
• Agricultural supply chain platform
• AI procurement matching
• Enterprise digital procurement
• Smart farming services

Headquarters

HQ city

Beijing

HQ country

China

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Digital Commerce or Content

Cost components

Technology or R&D, Operations, Marketing or Sales, Personnel, Supply Chain

Revenue model

1. B2B Platform Transaction Revenue: Revenue from agricultural product trading on the company's digital platform, facilitating transactions between buyers and sellers in the agricultural supply chain.
2. AI Product Revenue: Daily revenue of approximately US$3,000 generated from WolaiCai AI Agent products. The company projects AI initiatives will contribute over US$10 million in full-year revenue growth.
3. Enterprise Procurement Platform (Xunxi): Xunxi's enterprise e-commerce and digital procurement platform serves around 200 institutional clients with over 2 million registered members, generating RMB 340 million in 2025 audited revenue.
4. Private Placement Financing: Senior convertible promissory notes of up to US$30.0 million with an initial closing of US$3.37 million completed in December 2025.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels3 records

Core offering

Yimutian runs an AI-powered agricultural B2B digital platform that connects buyers and sellers of agricultural products through online trading tools, the WolaiCai AI Agent for procurement matching and transaction execution, and an expanding network of offline Wolaicai Agricultural Service Stations. Through the acquisition of Xunxi, the platform also delivers enterprise procurement services to institutional clients, while Wozhongtian demonstration farms apply AI-driven methods to crop production.

Product overview

Yimutian operates as an agricultural digital services platform combining its core B2B trading platform with AI-powered tools. The main offerings include: the Yimutian Agricultural B2B Digital Platform (core platform), Wolaicai Sales Assistant/WolaiCai AI Agent (AI-powered trading tool), the Wolaicai Agricultural Service Station Network (offline service expansion), Wozhongtian AI-Enabled Demonstration Farms (AI-driven agriculture), and the acquired Ningbo Xunxi Technology Digital Procurement Platform (enterprise procurement capabilities). The architecture combines online platform services with offline Wolaicai service stations to address China's persistent agricultural circulation loss rate of 20-30%.

Differentiator

Problem solved

Functional benefit

Brands

• WolaiCai AI Agent: AI-powered agricultural product trading tool featuring buyer and seller versions that match procurement requirements with supply sources and manage product listings
• Wolaicai Sales Assistant
• Wolaicai Agricultural Service Station
• Wozhongtian

Products and services

• Wolaicai Sales Assistant (WolaiCai AI Agent) AI-powered agricultural product trading tool that provides intelligent sourcing, procurement matching, quotation assistance, procurement guidance, and automated transaction execution for agricultural merchants and buyers. Available in buyer and seller versions and improves transaction efficiency by at least 50%.
• Wolaicai Agricultural Service Station Network Offline farm-level service network providing agricultural inputs, advisory services, and crop offtake to individual growers and small agricultural buyers. Bridges online platform capabilities with on-ground agricultural communities across Chinese agricultural regions.
• Ningbo Xunxi Technology Digital Procurement Platform

Quantifiable outcome

• Transaction efficiency improved by at least 50% with WolaiCai AI Agent
• +4 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature4 records

Partnerships

Three partnerships are on record, tiered minor and core.

• JPMorgan Chase Bank, N.A.minorOthers · 29 April 2026JPMorgan Chase Bank serves as depositary for Yimutian's American Depositary Shares facility, arranging the ADS-to-Class A ordinary shares ratio change from 1:25 to 1:375 effective May 18, 2026 (equivalent to 15-for-1 reverse split).
• Ningbo Xunxi Technology Co., Ltd.coreStrategic or Co-development Partner · 24 March 2026Yimutian signed binding agreement to acquire 100% equity of Ningbo Xunxi Technology for RMB 50 million (RMB 40M cash + RMB 10M stock options). Xunxi operates an enterprise e-commerce and digital procurement platform serving around 200 institutional clients with over 2 million registered members, reporting 2025 revenue of RMB 340 million and net profit of RMB 5.8 million. Deal includes multi-year earnout through 2028 tied to Xunxi's future net profit performance. Strategic rationale combines Yimutian's agricultural supply chain infrastructure with Xunxi's enterprise procurement platform to create comprehensive B2B commerce ecosystem in China.
• Hunan Jiufeng Agriculture Co., Ltd.coreStrategic or Co-development Partner · 5 February 2026Yimutian entered into preliminary acquisition agreement with Hunan Jiufeng Agriculture, a premium camellia oil producer in Hunan Province. Jiufeng operates vertically integrated camellia oil business with approximately RMB 110 million invested in nearly 30,000 mu of high-standard oil-tea plantations and participation in agricultural consortium managing over 150,000 mu of oil-tea farmland. Yimutian plans to deploy digital and AI-enabled technologies across the camellia oil value chain to enhance product standardization, traceability, and commercialization efficiency while expanding beyond B2B services into consumer-facing segments.

Scale indicators13 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Pinduoduo (PDD Holdings): China's largest agricultural e-commerce player via Duoduo Grocery and its agriculture initiative, connecting farmers directly with hundreds of millions of consumers. Directly comparable to Yimutian as an agricultural marketplace and supply chain platform, but at vastly greater scale and consumer-facing.
• JD.com (JD Agriculture / Jingxindong): Operates agricultural supply chain initiatives including Jingxindong, providing B2B agricultural inputs and produce distribution backed by JD's logistics network. Comparable as a much larger Chinese agricultural B2B and supply chain platform overlapping with Yimutian's trading and procurement focus.
• Alibaba (Taobao Rural / 1688.com): Alibaba's wholesale (1688) and rural Taobao initiatives compete directly with Yimutian in agricultural B2B trading and inputs distribution, leveraging vastly larger user reach, payments, and logistics infrastructure.
• Syngenta Group (Cropwise): Global agrichemical and seed major with its Cropwise digital agriculture platform offering farm management, data analytics, and decision support. Comparable to Yimutian's AI-enabled farming and FMIS ambitions, but at global scale and as part of a broader inputs business.
• Bayer Climate FieldView: Digital agriculture platform from Bayer offering precision agronomy, field data capture, and decision support to growers globally. Comparable to Yimutian's AI-driven farm management and yield-optimization products, though focused on row-crop farmers in Western markets.

Direct peers

• Meicai: Chinese B2B agricultural products platform connecting farms, restaurants, and food service buyers. Closest direct peer to Yimutian's core B2B agricultural trading platform, serving similar SMB and institutional customers with similar transaction-fee economics.
• Yiguo.com: Chinese fresh produce and agricultural product e-commerce platform; also a historical Yimutian investor. Comparable as a Chinese agricultural supply chain e-commerce operator with overlapping target customers in B2B and B2C fresh produce trading.

Emerging players

• Indigo Ag: US digital agriculture platform combining a grain marketplace with agronomic data and microbial products. Comparable to Yimutian's marketplace-plus-data-platform hybrid model, although Indigo Ag operates primarily in North and South American agriculture.
• Farmers Business Network: US-based farmer-to-farmer digital platform offering inputs procurement, crop marketing, agronomy, and data analytics. Highly comparable to Yimutian's B2B marketplace + FMIS + farm advisory positioning, albeit serving North American row-crop farmers rather than Chinese smallholders.
• Bushel: US digital platform providing grain trading, farm management, and API/integration infrastructure to agribusinesses. Comparable to Yimutian's digital marketplace and AI-driven trading/execution capabilities as a platform layer for agricultural commerce.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 records

Funding overview

Funding rounds4 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Yimutian