About Ele.me
Ele.me is a Consumer company based in Shanghai (China) founded in 2008 by Mark Zhang, and was acquired by Alibaba Group in April 2018. It operates on a Two-Sided Marketplace model. Ele.me has raised $2.8 billion across 10 funding rounds from investors including Didi, Tencent and Alibaba Group. The company has 314 employees. Ele.me has completed 1 acquisition, including Baidu Waimai. Ele.me was last valued at $6 billion in June 2017. Its chief executive, as recorded, is Wang Lei. Its website ele.me draws about 2.2 million monthly visits. Ele.me offers products and services including Food Delivery. Its focus areas include Technology, E-Commerce and Food Delivery. Its competitors include Daojia, Etaoshi and Baidu Waimai; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Shanghai, China
- Employees 314
- Founders Mark Zhang
- Stage Acquired
- SectorsConsumer
- Website category Food and Drink · Restaurants and Delivery
- Emailβ’β’β’β’β’β’β’β’
- Website ele.me
- Social LinkedIn X
- Acquired by Alibaba Group (Apr 2018)
- Total Equity Funding$2.8B (USD)
in 10 rounds
- Latest Funding Round$200M (USD), Series G
Feb 2018
- InvestorsDidi
& 17 more
- Employee Count314
- Investments & Acquisitions
- Acquired byAlibaba Group
(Apr 2018)
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.
Apps and channels of Ele.me
Ele.me publishes 1 mobile app.
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 $2.8B
- Total Rounds 10
- Last Round Series G β $200M
- Investors Count 18
All 10 funding rounds of Ele.me 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 |
|---|---|---|---|---|---|
| Feb 2018 | $200M | Series G | β | β | β |
| May 2017 | $15.9M | Series G | $6B | Alibaba Group | β |
| Apr 2016 | $1.25B | Series G | β | Alibaba Group | |
| Nov 2015 | Series F | β | Didi | β | |
| Aug 2015 | $630M | Series F | $3B | Beijing Hualian, CPE | |
| Jul 2015 | $250M | Series E | β | β | β |
| Jan 2015 | $350M | Series E | β | Tencent | |
| May 2014 | $80M | Series D | β | Dianping | β |
| Nov 2013 | $25M | Series C | β | Sequoia Capital China | |
| Jun 2011 | Series A | β | GSR Ventures | β |
| Date | Valuation | Stage |
|---|---|---|
| May 2017 | $6B | β’β’β’β’β’β’β’β’ |
| Aug 2015 | $3B | β’β’β’β’β’β’β’β’ |
Last known valuation $6B (Jun 2017). 18 investors in total: 18 institutional.
Investors in Ele.me
Ele.me has secured backing from 18 investors, including institutional and venture fund investors. Prominent investors backing the company include Didi, Tencent and Alibaba Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| chinamediacapital.com | ||||
Acquisitions are targeted by CPE as a private equity firm. | cpe-fund.com | Beijing, China | ||
Early-stage ventures are funded by the investment firm. | matrix.vc | San Francisco, United States | ||
Early-stage tech startups are invested in by GSR Ventures. | gsrventuresglobal.com | Beijing, China | ||
Venture capital and private equity investments are made across technologies. | hsgcap.com | Hong Kong, China | ||
Investment banking firm & PE fund | hinagroup.com | Chaoyang, China | ||
Private equity investments in China are managed by Cygnus Equity. | cygnusequity.com | |||
| cmccap.com | ||||
Conglomerate group operating a portfolio of businesses | 1999 | alibabagroup.com | Hangzhou, China | |
Payment processing solution for consumers, small and micro businesses | 2004 | antgroup.com | Hangzhou, China |
Investor details for Ele.me
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People of Ele.me
2 people are tracked at Ele.me (2 in leadership); the tracked headcount is 314.
| Name | Role | Group |
|---|---|---|
Mark Zhang | Co-Founder | Leadership |
Wang Lei | CEO | Leadership |
Complete people profiles for Ele.me
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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 | Acquired | Amount |
|---|---|---|---|---|---|---|
Food is ordered and delivered online from various restaurants. | waimai.baidu.com | Beijing, China | 2011 | Aug 2017 | $800M |
Complete acquisition details for Ele.me
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Timeline of Ele.me
6 dated milestones of Ele.me across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Ele.me is founded.
- Funding First funding round.
- Milestone Reaches Unicorn status.
- Acquisition Acquires Baidu Waimai.
- Funding Latest funding round, Series G, of $200.0M.
- Exit Acquired by Alibaba Group.
Competitors of Ele.me
Ele.me has 3 listed competitors in our database, 3 of them funded. They include Daojia, Etaoshi and Baidu Waimai.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| daojia.com.cn | 2010 | Shanghai, China | $50M | Food delivery from local restaurants is handled by Daojia's fleet. | ||
| etaoshi.com | 2011 | Beijing, China | $36M | Online food ordering, delivery, and reservations are provided by Etaoshi. | ||
| waimai.baidu.com | 2011 | Beijing, China | $250M | Food is ordered and delivered online from various restaurants. |
Detailed competitors of Ele.me
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Web traffic of Ele.me
The website of Ele.me (ele.me) receives about 2.2M visits a month and ranks #21,827 among all websites worldwide, #614 in Restaurants and Delivery.
- Monthly visits2.2M
▼ 8% vs previous month
- Unique visitors611.7K
per month
- Global rank#21,827
among all websites
- Category rank#614
Food and Drink · Restaurants and Delivery
- Bounce rate36%
- Pages per visit4.5
- Average visit6 min 45 sec
- DevicesDesktop 47% Β· Mobile 53%
Websites whose visitors overlap most with Ele.me. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
waimai.meituan.com | waimai.meituan.com | 100% | β | ||
waimai.8684.com | waimai.8684.com | 98% | β | ||
| daojia.com.cn | 81% | View details | |||
| xiaomishu.com | 76% | 2.3K | #7,251,033 | View details | |
| xiachufang.com | 52% | 1.2M | #49,340 | View details | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 28 similar websites and full traffic analytics for Ele.me
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Related news about Ele.Me
Complete news archive for Ele.me
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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. It is registered at Shanghai, Shanghai, China.
Wang Lei is the CEO of Ele.me, as recorded in our data.
Ele.me is a funded company, having raised a total of $2.8B across 10 funding rounds to date.
Ele.me has 314 employees.
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 Daojia, Baidu Waimai and Etaoshi.
Ele.me offers Food Delivery.
Ele.me has made 1 acquisition, including Baidu Waimai.
Ele.me has 18 investors. Key investors include Didi, Tencent, Alibaba Group, JD.com, and Ant Group.
The valuation of Ele.me is $6B as of Jun 2017.
Yes. Ele.me was acquired by Alibaba Group in April 2018.