About Baidu Waimai
Baidu Waimai is a company based in Beijing (China) founded in 2011 was acquired by Ele.me in August 2017.. Baidu Waimai has raised $250 million across 3 funding rounds from investors including Ele.me.
- Headquarter Beijing, China
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Sectors
Consumer
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Phone
*********
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Website
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Funding Insights of Baidu Waimai
Baidu Waimai has successfully raised a total of $250M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(30 Jul 2015)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2017 | Amount | Series B - Baidu Waimai | Valuation |
investors |
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| Jul, 2016 | Amount | Series B - Baidu Waimai | Valuation |
investors |
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| Jul, 2015 | Amount | Series A - Baidu Waimai | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Baidu Waimai
Baidu Waimai has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Ele.me. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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A platform for food delivery services is operated.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Baidu Waimai
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Baidu Waimai
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Baidu Waimai Comparisons
Competitors of Baidu Waimai
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Baidu Waimai
When was Baidu Waimai founded?
Baidu Waimai was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Where is Baidu Waimai located?
Baidu Waimai is headquartered in Beijing, China.
Is Baidu Waimai a funded company?
Baidu Waimai is a funded company, having raised a total of $250M across 3 funding rounds to date. The company's 1st funding round was a Series A of $250M, raised on Jul 30, 2015.
What does Baidu Waimai do?
Baidu Waimai was founded in 2011 and is headquartered in Beijing, China. The platform functions within the online food delivery sector, where restaurants are listed for user discovery and food orders are processed for delivery. Core services encompass browsing options from multiple vendors and coordinating logistics. Operations are primarily conducted across China, supporting a network of participating eateries and riders.
Who are Baidu Waimai's investors?
Baidu Waimai has 1 investor. Key investors include Ele.me.
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