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ELEME

company

About

ELEME local lifestyle platform that mainly engaged in online take-out, new retail, instant delivery and catering supply chain.

  • 10001 - max

Highlights

Total Funding Amount
$2.25B
Funding Rounds
2
Investors
1

Details

Last Funding Type
Funding Round
Last Funding Money Raised
$1.25B
Industries
Customer Service,Delivery Service,E-Commerce,Food Delivery,Internet,Service Industry
Founded date
Sep 1, 2008
Number Of Employee
10001 - max
Operating Status
Active

ELEME operates as an online ordering platform. It provides a variety of gourmet food take away services.

Lazhasi Network Technology in Shanghai develops and operates ELEME. It has covered more than 2000 cities in China, with more than 1.3 million joining shops, 15 thousand staff and more than nine million daily orders. The Alibaba Group acquired ELEME in April 2018 and it continues to operate independently.

Mark Zhang and Jack Kang, at Minhang Campus of Shanghai Jiao Tong University, founded ELEME in September 2008. Its headquarters are in Shanghai, China.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$2.25B
ELEME has raised a total of $2.25B in funding over 2 rounds. Their latest funding was raised on Jun 5, 2017 from a Funding Round round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 5, 2017 Funding Round $1B 1 Alibaba Group — Detail
Apr 13, 2016 Funding Round $1.25B 1 Alibaba Group — Detail

Investors

Number of Lead Investors
Number of Investors
2
1
ELEME is funded by 1 investors. Alibaba Group are the most recent investors.
Investor Name Lead Investor Funding Round
Alibaba Group Yes Funding Round
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