Ele.me - About the company
Ele.me is an acquired company based in Shanghai (China), founded in 2008 by Xuhao Zhang, Jack Kang and Mark Zhang. It operates as an App-based food ordering and delivery platform. Ele.me has raised $2.8B in funding from investors like Alibaba Group, Dianping and Tencent, with last known valuation of $6B. The company has 19 active competitors, including 5 funded and 5 that have exited. Its top competitors include companies like Deliveroo, Daojia and Shenghuo Banjing.
Sectors and market segments that Ele.me operate in
Ele.me serves in the Food and Agriculture Tech market segments.The primary business model of Ele.me is:Company Details
Ele.me is an app-based food ordering and delivery platform. The users can discover foods from nearby restaurants and delivers them through their own logistic team. It also allows customers to track their food orders in real-time. Provides a mobile application available for both Andriod and iOS users.
- Website
- www.ele.me
- Social
- Email ID
- *****@ele.me
Key Metrics
Founded Year
2008
Location
Shanghai, China
Stage
Acquired
Total Funding
$2.8B in 10 rounds
Latest Funding Round
Last Known Valuation
$6B as on Jun 05, 2017
Investors
Ranked
2nd among 19 active competitors
Employee Count
314 as on May 31, 2026
Investment & Acquisitions
Exit Details
Acquired by Alibaba Group (Apr 02, 2018)
Ele.me's acquisition details
Ele.me got acquired by Alibaba Group on Apr 02, 2018 at an acquisition amount of $*****.
Click here to take a look at Ele.me's acquisition in detail
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Ele.me's funding and investors
Ele.me has raised a total funding of $2.8B over 10 rounds. Its first funding round was on 2011. Ele.me has 19 institutional investors.
Here is the list of recent funding rounds of Ele.me:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 2018 | $200M | Series G | - | - | - | - |
May 2017 | $15.9M | Series G | - | - | - | |
Apr 13, 2016 | $1.25B | Series G | - | - |
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Ele.me's founders and board of directors
Founder? Claim ProfileHere are the details of Ele.me's key team members:
- Xuhao Zhang: Co-Founder & CEO of Ele.me.
- Jack Kang: Co-Founder & COO of Ele.me.
- Mark Zhang: Co-Founder of Ele.me.
- Wang Lei: CEO of Ele.me.
View details of Ele.me's Founder profiles and Board Members
Ele.me's employee count trend
Ele.me has 314 employees as of May 26. Here is Ele.me's employee count trend over the years:
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Ele.me's Competitors and alternates
Top competitors of Ele.me include Deliveroo, Daojia and Shenghuo Banjing. Here is the list of Top 10 competitors of Ele.me, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Deliveroo 2013, London (United Kingdom), Acquired | Operator of an online marketplace connecting consumers with local merchants | $2.95B | 86/100 | |
2nd | App-based food ordering and delivery platform | $2.8B | 71/100 | ||
3rd | Food delivery service from local restaurants | $50M | 49/100 | ||
4th | Shenghuo Banjing 2010, Shanghai (China), Series C | On demand delivery service from restaurants and local shops | $54.7M | 39/100 | |
5th | Online food ordering, delivery and reservation provider | $36M | 37/100 | ||
6th | Baidu Waimai 2011, Beijing (China), Acquired | Online food ordering and delivery platform | $250M | 37/100 | |
7th |  Star Speed Store 2019, China, Seed | Provider of a hotel room logistics robot | $2.97M | 35/100 | |
8th | Online company providing food delivery services from local restaurants | - | - | 31/100 | |
9th |  emergency bee 2016, Haikou (China), Seed | Online platform to order food | $1.45M | 31/100 | |
10th | Food delivery via app | $30M | 30/100 |
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Ele.me's Investments and acquisitions
Ele.me has made 1 investment in Xiaomanjiao and acquired Baidu Waimai.Reports related to Ele.me
Here is the latest report on Ele.me's sector:
News related to Ele.me
Filter this listMedia has covered Ele.me for a total of 3 events in the last 1 year, 2 of them have been about company updates.
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Alibaba to merge food delivery, travel units in 'instant retail' driveNihon Keizai Shimbun•Jun 23, 2025•Alibaba, Ele.me
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Dingdong Maicai appoints Wang Song as CFO and Gong Hongli as CHODonews•Dec 26, 2023•Dingdong Maicai, Ele.me
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ByteDance denies reports it plans to acquire Alibaba's food delivery businessThe Star Online•Dec 19, 2023•ByteDance, Alibaba Group, Ele.me
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