Renren Kuaidi

Beijing, China Founded: 2011 • Age: 15 yrs
Offers crowdsourced hyperlocal B2B delivery services.

About Renren Kuaidi

Renren Kuaidi is a company based in Beijing (China) founded in 2011. It operates as a B2B. Renren Kuaidi has raised $65 million across 2 funding rounds from investors including Tencent and Gaorong Capital. Renren Kuaidi operates in a competitive market with competitors including Quhuo, 123Feng, Delivery Republic, Xiaonongnv and Pick Up, among others.

  • Headquarter Beijing, China
  • Sectors
    Transportation, Automotive & Logistics
  • Website rrkd.cn
Key Metrics
  • Total Equity Funding
    $65M (USD)

    in 2 rounds

  • Latest Funding Round
    $50M (USD), Series B

    Apr 2016

  • Investors
    Tencent

    & 1 more

Funding Insights of Renren Kuaidi

Renren Kuaidi has successfully raised a total of $65M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $50 million completed in April 2016. 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 $65M
  • Total Rounds 2
  • Last Round Series B β€” $50M
  • First Round $15M

    (Nov 2014)

  • Investors Count 2

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2016$50MSeries B––
–
Nov 2014$15MSeries A––
Valuation history

2 investors in total: 2 institutional.

Investors in Renren Kuaidi

Renren Kuaidi has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Tencent and Gaorong Capital.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Early and growth-stage TMT startups are funded in China.
–gaorongvc.comBeijing, China
Value-added internet, mobile, and telecom services are provided in China.
1998tencent.comShenzhen, China
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Investor details for Renren Kuaidi

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Timeline of Renren Kuaidi

3 dated milestones of Renren Kuaidi across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Renren Kuaidi is founded.
  2. Funding First funding round of $15.0M.
  3. Funding Latest funding round, Series B, of $50.0M.

Competitors of Renren Kuaidi

Renren Kuaidi 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 Quhuo, 123Feng, Delivery Republic, Xiaonongnv and Pick Up, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
quhuo.cn2006Beijing, China$10M–
Contract workforce recruitment is enabled through an online platform.
123feng.com2014Hangzhou, China$13M–
Last-mile delivery services for e-commerce and food orders are offered.
deliveryrepublic.com2015Hong Kong, China$2M–
Provides an on-demand food delivery service for convenient customer access.
xiaonongnv.com2014Shenzhen, China$14.51M–
Functions as an online business-to-business distributor of agricultural produce.
hkpickup.com2016Hong Kong, China––
An online platform is operated for B2B on-demand local delivery.
yeemu.cn2014Beijing, China––
Crowdsourced last-mile logistics are provided to businesses for deliveries.
iqusong.com2013Minhang, China––
Cloud-based hyperlocal delivery and distribution services are facilitated.
supaide.com2014Beijing, China––
Intracity freight shipping is aggregated through an online marketplace platform.
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Detailed competitors of Renren Kuaidi

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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

Verified entity values are shown only after access is granted.

Latest news on Renren Kuaidi

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Complete news archive for Renren Kuaidi

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Similar companies to Renren Kuaidi

10 companies that operate in the same segment as Renren Kuaidi (Supply Chain Services), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Sustainable supply chain solutions are delivered via asset pooling.
2013Mumbai, Maharashtra, IndiaUSD 214.47 MUSD 30.93 M246
AI consulting, supply chain, and customer analytics services are provided.
2013San Jose, California, United StatesUSD 205 MUSD 49.54 M1,840
Global logistics service provider
1969Bonn, North Rhine-westphalia, Germany–––
Packages and freight are delivered worldwide by UPS.
1907Atlanta, Georgia, United States–USD 88.64 B490,000
Integrated supply chain and mobility solutions are provided globally.
2009Mumbai, Maharashtra, IndiaUSD 33.05 MUSD 745.97 M4,100
Transportation and logistics services are managed across North America.
1971Oak Brook, Illinois, United States–USD 3.95 B6,500
Electrical products and supplies are distributed B2B by WESCO.
1922Pittsburgh, Pennsylvania, United States–USD 22.39 B7,000
Provider of integrated freight forwarding, logistics and supply chain management services
1872Essen, North Rhine-westphalia, Germany–USD 510.02 M1,070
Distribution management company
1908Houston, Texas, United States–USD 2.02 B3,030
Provider of procurement and supply chain management services
2011Franklin, United States–––
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Frequently Asked Questions about Renren Kuaidi

Renren Kuaidi was founded in 2011 and raised its 1st funding round 3 years after it was founded.

Renren Kuaidi is headquartered in Beijing, China.

Renren Kuaidi is a funded company, having raised a total of $65M across 2 funding rounds to date. The company's 1st funding round was a Series A of $15M, raised on Nov 2014.

Renren Kuaidi, backed by 65000000.0 from Tencent, Gaorong Capital, focuses on streamlining logistics processes, offering delivery services, crowdsourced delivery, and hyperlocal operations. Offers crowdsourced hyperlocal B2B delivery services. Driving innovation, growth, and excellence in its industry sectors. It continues to evolve, meeting industry challenges with strategic approaches.

Renren Kuaidi's top competitors include Quhuo, 123Feng and Pick Up.

Renren Kuaidi has 2 investors. Key investors include Tencent, and Gaorong Capital.

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