About Baidu Waimai
Baidu Waimai is a Consumer company based in Beijing (China) founded in 2011, and was acquired by Ele.me in August 2017. Food is ordered and delivered online from various restaurants. Baidu Waimai has raised $250 million across 3 funding rounds from investors including Ele.me and The Hina Group. Its website waimai.baidu.com draws about 16 thousand monthly visits. Its focus areas include Food and Agriculture Tech, Food Tech, Food Discovery and Ordering and Restaurant Aggregator.
Company details
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.
- Headquarters Beijing, China
- Stage Acquired
- SectorsConsumer
- Website waimai.baidu.com
- Acquired by Ele.me (Aug 2017)
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 $250M
- Total Rounds 3
- First Round $250M
(Jul 2015)
- Investors Count 2
All 3 funding rounds of Baidu Waimai with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2017 | Series B | – | – | – | |
| Jul 2016 | Series B | – | – | – | |
| Jul 2015 | $250M | Series A | – | – | – |
2 investors in total: 2 institutional.
Investors in Baidu Waimai
Baidu Waimai has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Ele.me and The Hina Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment banking firm & PE fund | hinagroup.com | Chaoyang, China | ||
A platform for food delivery services is operated. | 2008 | ele.me | Shanghai, China |
Investor details for Baidu Waimai
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Baidu Waimai
4 dated milestones of Baidu Waimai across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Baidu Waimai is founded.
- Funding First funding round of $250.0M.
- Funding Latest funding round, Series B,.
- Exit Acquired by Ele.me.
Web traffic of Baidu Waimai
The website of Baidu Waimai (waimai.baidu.com) receives about 16.2K visits a month.
- Monthly visits16.2K
▼ 3.5% vs previous month
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Frequently Asked Questions about Baidu Waimai
Baidu Waimai was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Baidu Waimai is headquartered in Beijing, China. It is registered at Beijing, Beijing, China.
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 2015.
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.
Baidu Waimai has 2 investors. Key investors include Ele.me, and The Hina Group.
Yes. Baidu Waimai was acquired by Ele.me in August 2017.