About Meilele
Meilele is a company based in Chengdu (China) founded in 2009 by Li Yonggang. It operates as a B2C. Meilele has raised $161.8 million across 5 funding rounds from investors including Lightspeed Venture Partners, Yihua Group and CDIB Capital. Meilele operates in a competitive market with competitors including Liweijia, LifeVC, Shenzhen JOYHONG Technology, Ruanzhuangyun and Victorage, among others.
- Headquarter Chengdu, China
- Founders Li Yonggang
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Sectors
Consumer
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$161.8 M (USD)
in 5 rounds
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Latest Funding Round
$84 M (USD), Series C
Aug 21, 2015
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Investors
Lightspeed Venture Partners
& 5 more
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Employee Count
Employee Count
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Funding Insights of Meilele
Meilele has successfully raised a total of $161.8M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $84 million completed in August 2015. 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 5
- Last Round Series C — $84.0M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2015 | Amount | Series C - Meilele | Valuation |
investors |
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| Jun, 2015 | Amount | Series C - Meilele | Valuation |
investors |
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| Apr, 2013 | Amount | Series B - Meilele | Valuation | CDIB Capital |
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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 Meilele
Meilele has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Lightspeed Venture Partners, Yihua Group and CDIB 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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Founded Year | Domain | Location | |
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PE firm investing in Asia
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Founded Year | Domain | Location | |
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LionRock Capital is focused on global consumer lifestyle investments.
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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 Meilele
| 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 - Meilele
| 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 |
Meilele Comparisons
Competitors of Meilele
Meilele 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 Liweijia, LifeVC, Shenzhen JOYHONG Technology, Ruanzhuangyun and Victorage, 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 |
Home furnishing products and services are delivered via O2O model.
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| domain | founded_year | HQ Location |
Online private label household products are retailed by LifeVC.
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| domain | founded_year | HQ Location |
It functions as an it is a professional manufacturer and supplier of products.
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| domain | founded_year | HQ Location |
Operates as a private label online retailer specializing in in-home designs and furniture.
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| domain | founded_year | HQ Location |
Produces high-quality home furnishing products.
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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 Meilele
Frequently Asked Questions about Meilele
When was Meilele founded?
Meilele was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Where is Meilele located?
Meilele is headquartered in Chengdu, China. It is registered at Chengdu, Sichuan, China.
Is Meilele a funded company?
Meilele is a funded company, having raised a total of $161.8M across 5 funding rounds to date. The company's 1st funding round was a Series B of $25M, raised on Dec 01, 2010.
What does Meilele do?
Meilele operates with a B2C model, focusing on producing consumer products, home furnishings, furniture and decor, and multi-category products. Meilele operates as a direct-to-consumer brand offering multi-category home furnishing products. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Who are the top competitors of Meilele?
Meilele's top competitors include Liweijia, LifeVC and Shenzhen JOYHONG Technology.
Who are Meilele's investors?
Meilele has 6 investors. Key investors include Lightspeed Venture Partners, Yihua Group, CDIB Capital, LionRock Capital, and KTB Capital.