Linqu

Shanghai, China Founded: 2013 • Age: 13 yrs
Hyperlocal delivery from local restaurants and grocery stores within 3 km radius

About Linqu

Linqu is a Consumer company based in Shanghai (China) founded in 2013. Hyperlocal delivery from local restaurants and grocery stores within 3 km radius. It operates in the Consumer and Transportation, Automotive & Logistics sectors. Its focus areas include Logistics Tech, Parcel, Hyperlocal Delivery and B2C. Its competitors include Ele.me, Daojia and Etaoshi; 3 of its 3 listed competitors have raised funding.

Company details

Linqu was founded in 2013 in Shanghai, China, as a hyperlocal delivery platform in the food and goods sector. Orders from local restaurants and grocery stores are enabled for users, with deliveries restricted to a 3 km radius. Operations are conducted in four cities: Shanghai, Beijing, Hangzhou, and Guangzhou. Tens of millions of dollars in funding were raised in August 2015 to support expansion.

  • Headquarters Shanghai, China
  • Sectors
    Consumer
    Transportation, Automotive & Logistics
  • Website linjia.me
Key Metrics

Funding Insights of Linqu

  • Total Rounds 2
  • Investors Count 3

All 2 funding rounds of Linqu with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2015Series B––
May 2015Series A––
Valuation history

3 investors in total: 3 institutional.

Investors in Linqu

Linqu has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Qiming Venture Partners, IDG Capital and Shanda.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Venture capital investments are directed toward multiple sectors.
2006qimingvc.comShanghai, China
Venture capital firm
idgcapital.comNew York, United States
VC firm investing primarily in China, the US and Israel
shanda.comMenlo Park, United States
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Investor details for Linqu

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 Linqu

3 dated milestones of Linqu across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Linqu is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Series B,.

Competitors of Linqu

Linqu has 3 listed competitors in our database, 3 of them funded. They include Ele.me, Daojia and Etaoshi.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ele.me2008Shanghai, China$2.8B
A platform for food delivery services is operated.
daojia.com.cn2010Shanghai, China$50M
Food delivery from local restaurants is handled by Daojia's fleet.
etaoshi.com2011Beijing, China$36M
Online food ordering, delivery, and reservations are provided by Etaoshi.
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Detailed competitors of Linqu

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  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

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Frequently Asked Questions about Linqu

Linqu was founded in 2013 and raised its 1st funding round 2 years after it was founded.

Linqu is headquartered in Shanghai, China.

Linqu was founded in 2013 in Shanghai, China, as a hyperlocal delivery platform in the food and goods sector. Orders from local restaurants and grocery stores are enabled for users, with deliveries restricted to a 3 km radius. Operations are conducted in four cities: Shanghai, Beijing, Hangzhou, and Guangzhou. Tens of millions of dollars in funding were raised in August 2015 to support expansion.

Linqu's top competitors include Ele.me, Daojia and Etaoshi.

Linqu has 3 investors. Key investors include Qiming Venture Partners, IDG Capital, and Shanda.

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