What is Ele.me's?
Ele.me's is a prominent player in the food delivery and local services market. The company has established a strong presence by connecting consumers with a vast network of restaurants and merchants. Through its platform, Ele.me's facilitates convenient ordering and delivery services, catering to the evolving demands of urban consumers. Its strategic funding rounds indicate a trajectory of scaling operations and enhancing its service offerings to maintain a competitive edge.
How much funding has Ele.me's raised?
Ele.me's has raised a total of $3.3B across 6 funding rounds:
Series C
$25M
Series D
$80M
Multiple Rounds
$2.2B
Private Equity
$1B
Series C (2013): $25M with participation from Matrix Management Corporation, GSR Ventures, and Sequoia Capital China
Series D (2014): $80M led by Dianping
Series E (2015): $350M supported by CITIC, Dianping, JD.com, Tencent, and Steamboat Ventures
Series F (2015): $630M featuring Tencent, Horizons Ventures, JD.com, and Steamboat Ventures
Private Equity (2015): $1.3B backed by Alibaba Group Holding Ltd
Private Equity (2017): $1B with participation from Alibaba Group
Key Investors in Ele.me's
Alibaba Group Holding Ltd
Alibaba Group Holding Ltd is a major e-commerce, retail, Internet, and technology conglomerate based in Hong Kong, China, with extensive operations in core commerce, cloud computing, and digital media.
Tencent
Tencent Holdings Limited, headquartered in Shenzhen, China, is a global provider of internet and mobile services, including online games, instant messaging, and digital entertainment.
Dianping
Dianping.com is a consumer review and feedback platform based in China, offering integrated marketing solutions and popular services like group purchasing and coupon promotions.
What's next for Ele.me's?
With substantial backing from major industry players, Ele.me's is poised for continued growth and market leadership. The recent strategic investment suggests a focus on expanding its service capabilities, potentially through technological advancements, geographic expansion, or strategic partnerships. The company's ability to attract significant capital from sophisticated investors like Alibaba Group and Tencent highlights its strong potential and the confidence in its business model to navigate the dynamic landscape of the on-demand economy.
See full Ele.me's company page
