Ele.me - About the company
Ele.me is an acquired company based in Shanghai (China), founded in 2008 by Jack Kang, Mark Zhang, Xuhao Zhang and Cleiton Sander. 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 20 active competitors, including 5 funded and 5 that have exited. Its top competitors include companies like Deliveroo, Daojia and Etaoshi.
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
- 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 20 active competitors
Employee Count
314 as on Sep 30, 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
Sign up to download Ele.me's company profile
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
Date 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 | - | - |
View details of Ele.me's funding rounds and investors
Ele.me's founders and board of directors
Founder? Claim ProfileThe founders of Ele.me are Jack Kang, Mark Zhang, Xuhao Zhang and Cleiton Sander. Wang Lei is the CEO of Ele.me.
Here are the details of Ele.me's key team members:
- Jack Kang: Co-Founder & COO of Ele.me.
- Mark Zhang: Co-Founder of Ele.me.
- Xuhao Zhang: Co-Founder & CEO of Ele.me.
- Cleiton Sander: Founder & Ceo 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 Sep 26. Here is Ele.me's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Ele.me's Competitors and alternates
Top competitors of Ele.me include Deliveroo, Daojia and Etaoshi. Here is the list of Top 10 competitors of Ele.me, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
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 | 87/100 | |
2nd | App-based food ordering and delivery platform | $2.8B | 71/100 | ||
3rd | Food delivery service from local restaurants | $50M | 51/100 | ||
4th | Online food ordering, delivery and reservation provider | $36M | 37/100 | ||
5th | Baidu Waimai 2011, Beijing (China), Acquired | Online food ordering and delivery platform | $250M | 37/100 | |
6th | Shenghuo Banjing 2010, Shanghai (China), Series C | On demand delivery service from restaurants and local shops | $54.7M | 37/100 | |
7th | Star Speed Store 2019, China, Seed | Provider of a hotel room logistics robot | $2.97M | 35/100 | |
8th | Online food ordering and delivery platform | - | - | 35/100 | |
9th | Online company providing food delivery services from local restaurants | - | - | 33/100 | |
10th | emergency bee 2016, Haikou (China), Seed | Online platform to order food | $1.45M | 31/100 |
Looking for more details on Ele.me's competitors? Click here to see the top ones
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
Media has covered Ele.me for 1 event in last 1 year, It was about company updates.
•
•
•
•
Alibaba to merge food delivery, travel units in 'instant retail' driveNihon Keizai Shimbun•Jun 23, 2025•Alibaba, Ele.me
•
Ele.me CEO Yu Yongfu addresses rumors of potential acquisition by ByteDance’s DouyinKrASIA•Jan 29, 2024•Ele.me, ByteDance
•
Hungry? CEO Yu Yongfu responded to the acquisition of Douyin: Fake will only be fake in the endIthome•Jan 24, 2024•Ele.me, TikTok
•
Dingdong Maicai appoints Wang Song as CFO and Gong Hongli as CHODonews•Dec 26, 2023•Dingdong Maicai, Ele.me
•
ByteDance denies reports it plans to acquire Alibaba's food delivery businessThe Star Online•Dec 19, 2023•ByteDance, Alibaba Group, Ele.me
•
Ele.me COO Chen Weiye: Firm and long-term continuous investment in real-time e-commerce strategy36Kr•Nov 17, 2023•Ele.me
•
Are you a Founder ?
FAQs about Ele.me
Explore our recently published companies
- Saalfo Tech - Mysuru based, 2016 founded, Unfunded company
- Tolia - Thane based, 1979 founded, Unfunded company
- Krishna's Herbal & Ayurveda - Jodhpur based, 2007 founded, Unfunded company
- Bregma Science - Bengaluru based, 2016 founded, Unfunded company
- http://nordible.co - Unfunded company
- Transformative Biotech - Boulder based, 2023 founded, Unfunded company