About DaDaABC
DaDaABC is a company based in Shanghai (China) founded in 2013 by Hui Zhi.. DaDaABC has raised $335.4 million across 7 funding rounds from investors including TAL Education Group, Warburg Pincus and Yonghua Capital. DaDaABC operates in a competitive market with competitors including 51Talk, Open English, Busuu, Tandem and Voxy, among others.
- Headquarter Shanghai, China
- Founders Hui Zhi
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Sectors
Education
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$335.4 M (USD)
in 7 rounds
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Latest Funding Round
$10.4 M (USD), Series D
Apr 27, 2020
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Investors
TAL Education Group
& 7 more
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Employee Count
Employee Count
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Funding Insights of DaDaABC
DaDaABC has successfully raised a total of $335.4M across 7 strategic funding rounds. The most recent funding activity was a Series D round of $10.4 million completed in April 2020. 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 7
- Last Round Series D — $10.4M
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2020 | Amount | Series D - DaDaABC | Valuation |
investors |
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| Jan, 2019 | Amount | Series D - DaDaABC | Valuation | Warburg Pincus | |
| Dec, 2017 | Amount | Series C - DaDaABC | Valuation | TAL Education Group , Tiger Global Management |
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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 DaDaABC
DaDaABC has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include TAL Education Group, Warburg Pincus and Yonghua Capital. 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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Multi-stage private equity investments are pursued across diverse sectors.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Venture and private equity investments are managed with global diversification.
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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 DaDaABC
| 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 - DaDaABC
| 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 |
Dadaabc Comparisons
Competitors of DaDaABC
DaDaABC operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as 51Talk, Open English, Busuu, Tandem and Voxy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
One-to-one online English tutoring is provided by 51Talk.
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| domain | founded_year | HQ Location |
Online platform providing live English classes
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| domain | founded_year | HQ Location |
Social networking for language learning is enabled via mobile platform.
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| domain | founded_year | HQ Location |
A language learning app facilitating user-driven conversation exchanges.
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| domain | founded_year | HQ Location |
English language learning through online courses and tutoring
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| domain | founded_year | HQ Location |
Speak is recognized as an AI-driven language learning application.
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| 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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Latest news on Dadaabc
Frequently Asked Questions about DaDaABC
When was DaDaABC founded?
DaDaABC was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is DaDaABC located?
DaDaABC is headquartered in Shanghai, China.
Who is the current CEO of DaDaABC?
Hui Zhi is the current CEO of DaDaABC. They have also founded this company.
Is DaDaABC a funded company?
DaDaABC is a funded company, having raised a total of $335.4M across 7 funding rounds to date. The company's 1st funding round was a Series C of $100M, raised on Oct 01, 2014.
What does DaDaABC do?
DaDaABC was founded in 2013 in Shanghai, China, within the online education sector. Interactive English learning courses are delivered to students aged 5-16 by native-speaking teachers. Operations involve assigning each student to a small dedicated study group, including an exclusive consultant and main subject teacher for personalized study planning. Access to various tailored learning plans is provided exclusively to participants.
Who are DaDaABC's investors?
DaDaABC has 8 investors. Key investors include TAL Education Group, Warburg Pincus, Yonghua Capital, Tiger Global, and Oriental Fortune Capital.
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