About Ele.me
Ele.me is a company based in Shanghai (China) founded in 2008 by Mark Zhang was acquired by Alibaba Group in April 2018. It operates as a Two-Sided Marketplace. Ele.me has raised $2.8 billion across 10 funding rounds from investors including Didi, Tencent and Alibaba Group. Ele.me has completed 1 acquisition, including Baidu Waimai. Ele.me offers products and services including Food Delivery. Ele.me operates in a competitive market with competitors including Deliveroo, Daojia, Etaoshi, Baidu Waimai and Shenghuo Banjing, among others.
- Headquarter Shanghai, China
- Founders Mark Zhang
- Stage Unicorn
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Sectors
Consumer
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Email
***********
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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
$2.8 B (USD)
in 10 rounds
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Latest Funding Round
$200 M (USD), Series G
Feb 01, 2018
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Investors
Didi
& 12 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Alibaba Group
(Apr 02, 2018)
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Products & Services of Ele.me
Ele.me offers a comprehensive portfolio of products and services, including Food Delivery.
Food delivery service is provided to local customers.
Funding Insights of Ele.me
Ele.me has successfully raised a total of $2.8B across 10 strategic funding rounds. The most recent funding activity was a Series G round of $200 million completed in February 2018. 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 10
- Last Round Series G — $200.0M
- First Round First Round
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2018 | Amount | Series G - Ele.me | Valuation |
investors |
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| May, 2017 | Amount | Series G - Ele.me | Valuation | Alibaba Group |
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| Apr, 2016 | Amount | Series G - Ele.me | Valuation | Alibaba Group |
Investors in Ele.me
Ele.me has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include Didi, Tencent and Alibaba Group.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Acquisitions are targeted by CPE as a private equity firm.
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Founded Year | Domain | Location | |
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Early-stage ventures are funded by the investment firm.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ele.me
Ele.me has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Baidu Waimai.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Food is ordered and delivered online from various restaurants.
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2011 |
Financial Statements - Ele.me
Ele.Me Comparisons
Competitors of Ele.me
Ele.me 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 Deliveroo, Daojia, Etaoshi, Baidu Waimai and Shenghuo Banjing, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Platform offering food and grocery delivery services
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| domain | founded_year | HQ Location |
Food delivery from local restaurants is handled by Daojia's fleet.
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| domain | founded_year | HQ Location |
Online food ordering, delivery, and reservations are provided by Etaoshi.
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| domain | founded_year | HQ Location |
Food is ordered and delivered online from various restaurants.
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| domain | founded_year | HQ Location |
On-demand delivery services from restaurants and local shops are provided.
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Frequently Asked Questions about Ele.me
Ele.me was founded in 2008 and raised its 1st funding round 3 years after it was founded.
Ele.me is headquartered in Shanghai, China.
Wang Lei is the current CEO of Ele.me.
Ele.me is a funded company, having raised a total of $2.8B across 10 funding rounds to date. The company's 1st funding round was a Series G of $1.25B, raised on Jun 01, 2011.
A platform for food delivery services is operated, connecting restaurants and customers. Operations are focused on the e-commerce sector, specifically in food delivery solutions. Services are provided to facilitate online ordering and logistics in urban areas.
Ele.me's top competitors include Deliveroo, Daojia and Baidu Waimai.
Ele.me offers Food Delivery.
Ele.me has made 1 acquisition, including Baidu Waimai.
Ele.me has 13 investors. Key investors include Didi, Tencent, Alibaba Group, JD.com, and Ant Group.
The valuation of Ele.me is $6B as of May 2017.