About Yummy77
Yummy77 is a Retail company based in Shanghai (China) founded in 2013, and was acquired by Jialebao in May 2016. Grocery products are sold online by Yummy77 in China. Yummy77 has raised $20 million across 1 funding round from investors including Amazon and Jialebao. The company was acqui-hired. Its focus areas include Food and Agriculture Tech, Online Grocery, B2C Ecommerce and Multi Category. Its competitors include Womai, Dingdong Maicai and Benlai; 3 of its 3 listed competitors have raised funding.
Company details
Yummy77 was founded in 2013 in Shanghai, China, as an online grocery retailer. Products such as seafood, meat, and dairy are offered through its platform for online ordering. Funding of 20 million was raised from Amazon to support market expansion and enhance product selection for Amazon China. Revenues reached 16 million in 2013 from one million registered users. Operations focus on the Chinese market with plans for broader reach.
- Headquarters Shanghai, China
- Stage Acquired
- SectorsRetail
- Website yummy77.com
- Acquired by Jialebao (May 2016)
Funding Insights of Yummy77
Yummy77 has successfully raised a total of $20M through 1 strategic funding round. The most recent funding activity was a Series A round of $20 million completed in May 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 $20M
- Total Rounds 1
- Last Round Series A — $20M
- First Round $20M
(May 2014)
- Investors Count 1
All 1 funding rounds of Yummy77 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 |
|---|---|---|---|---|---|
| May 2014 | $20M | Series A | – | Amazon | – |
2 investors in total: 2 institutional.
Investors in Yummy77
Yummy77 has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Amazon and Jialebao.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multi-category products are offered through an online marketplace. | 1994 | amazon.com | Seattle, United States | |
Operates as an online retailer for groceries. | 2014 | jialebao.cc | Shanghai, China |
Investor details for Yummy77
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Timeline of Yummy77
3 dated milestones of Yummy77 across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Yummy77 is founded.
- Funding First funding round of $20.0M.
- Exit Acquired by Jialebao.
Competitors of Yummy77
Yummy77 has 3 listed competitors in our database, 3 of them funded. They include Womai, Dingdong Maicai and Benlai.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| womai.com | 2009 | Beijing, China | $330M | Imported groceries are retailed online by Womai to Chinese consumers. | ||
| 100.me | 2017 | Shanghai, China | $1.33B | Online retailer of grocery products | ||
| benlai.com | 2012 | Beijing, China | $317M | Premium groceries are ordered through an online platform. |
Detailed competitors of Yummy77
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Web traffic of Yummy77
Websites that share an audience with Yummy77 (yummy77.com).
Websites whose visitors overlap most with Yummy77. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| yiguo.com | 100% | View details | |||
| fruitday.com | 100% | View details | |||
quanmama.com | quanmama.com | 70% | #3,311,270 | – | |
itruelife.com | itruelife.com | 68% | – |
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Related news about Yummy77
Complete news archive for Yummy77
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Frequently Asked Questions about Yummy77
Yummy77 was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Yummy77 is headquartered in Shanghai, China.
Yummy77 is a funded company, having raised a total of $20M across 1 funding round to date. The company's 1st funding round was a Series A of $20M, raised on May 2014.
Yummy77 was founded in 2013 in Shanghai, China, as an online grocery retailer. Products such as seafood, meat, and dairy are offered through its platform for online ordering. Funding of 20 million was raised from Amazon to support market expansion and enhance product selection for Amazon China. Revenues reached 16 million in 2013 from one million registered users. Operations focus on the Chinese market with plans for broader reach.
Yummy77's top competitors include Dingdong Maicai, Benlai and Womai.
Yes. Yummy77 was acquired by Jialebao in May 2016.