About Nuomi
Nuomi is a company based in Beijing (China) founded in 2010 by Derek Shen was acquired by IQiyi in May 2018.. Nuomi has raised $160 million across 1 funding round from investors including Baidu and IQiyi. Nuomi operates in a competitive market with competitors including Meituan, Dianping, Lashou, Gaopeng and 24quan, among others.
- Headquarter Beijing, China
- Founders Derek Shen
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Sectors
Retail
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Phone
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Website
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Social
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Funding Insights of Nuomi
Nuomi has successfully raised a total of $160M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $160 million completed in January 2014. 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 1
- Last Round Private Equity Round — $160.0M
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First Round
First Round
(01 Jan 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2014 | Amount | Private Equity Round - Nuomi | Valuation |
investors |
| 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 |
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Investors in Nuomi
Nuomi has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Baidu and IQiyi. 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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AI-enabled keyword-based search engine is operated for information retrieval.
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Founded Year | Domain | Location | |
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Subscription-based streaming of dramas, anime, movies, and shows is offered.
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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 Nuomi
| 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 - Nuomi
| 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 |
Nuomi Comparisons
Competitors of Nuomi
Nuomi 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 Meituan, Dianping, Lashou, Gaopeng and 24quan, 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 |
Online group-buying platform offering coupons for multi-category products and services
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| domain | founded_year | HQ Location |
Group buying discount deals are facilitated across multiple categories.
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| domain | founded_year | HQ Location |
Location based daily-deals & group buying portal
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| domain | founded_year | HQ Location |
Operates an online marketplace for group-buying deals on multi-category products and services.
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| domain | founded_year | HQ Location |
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Nuomi
When was Nuomi founded?
Nuomi was founded in 2010 and raised its 1st funding round 4 years after it was founded.
Where is Nuomi located?
Nuomi is headquartered in Beijing, China.
Is Nuomi a funded company?
Nuomi is a funded company, having raised a total of $160M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $160M, raised on Jan 01, 2014.
What does Nuomi do?
Nuomi was established in 2010 in Beijing, China, as a group-buying platform in the e-commerce sector. Daily deals on local services are provided across 120 cities nationwide. Operations focus on facilitating group purchases for consumers. In 2013, a 59 equity stake was acquired by Baidu for US160 million in cash, integrating it into broader digital services.
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