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- Dailuobo
Dailuobo Funding, Investors & Competitors
Dailuobo has raised $102M across 2 funding rounds, most recently a $92M Series A in June 2019.
Last Dailuobo funding round
$92M
Series A · Jun 2019
Cumulative funding Dailuobo raised
$102M
across 2 funding rounds
Key investors in Dailuobo
Hillhouse Investment
Dailuobo Overview
About Dailuobo
Beijing-based Dailuobo is a Chinese e-commerce platform focused on online-to-offline sales of fresh agricultural products like fruits, vegetables, and daily necessities. It connects farmers directly with urban consumers through mobile apps and local pickup points. Launched in 2015, the platform operates in multiple provinces, emphasizing rapid delivery and quality control for high-frequency purchases.
Founded
2017
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Product sales
Dailuobo Funding History
Dailuobo has raised a total of $102M across 2 funding rounds.
Dailuobo's first fundraising round was a $10M angel round in August 2018. The most recent completed round was a $92M Series A in June 2019.
Dailuobo funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Jun 2019 | Series A | Hillhouse Investment (lead) | $92M | Hillhouse Investment and 5Y Capital led a CNY 634 million (about USD 92 million) Series A round in Dailuobo in June 2019, with participation from Morningside Venture Capital. XVC had provided angel funding to the company in 2017, and the two equity rounds together brought in about USD 100 million. The proceeds were intended to support expansion in the fresh grocery market. Dailuobo is a Chinese online-to-offline grocery platform operating a 'today's order, tomorrow's take' model, in which customers order one day and collect the next from stores located in densely populated residential communities. The business competed with front-warehouse fresh grocery models such as Pupumall. |
| Aug 2018 | Angel | - | $10M | Dailuobo, a fresh groceries delivery platform founded in 2016, secured an RMB 634 million (USD 92 million) Series A round led by Goachun Capital and Morningside Capital. The company operates a next-day grocery delivery and pick-up model with its own warehousing and logistics network valued at an estimated RMB 100 million (USD 14.55 million). It had opened nearly 1,000 stores in densely populated areas, primarily in top-tier cities, with plans to expand to lower-tier cities. Dailuobo differentiates through quantity-based discounts for grouped orders, batched delivery schedules to stores for customer pick-up, and a Costco-like membership system offering discounts, perks, free gifts, and personalized service for a fee. The platform faced funding crises starting late 2019, with issues including delayed vendor payments, layoffs, store closures, and eventual bankruptcy restructuring in March 2020, leading to cessation of operations in October 2020. |
Who has invested in Dailuobo?
1 investor has backed Dailuobo across its funding rounds, including Hillhouse Investment.
Lead investors include Hillhouse Investment.
Dailuobo Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 Dailuobo investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialDailuobo Competitors
Dailuobo competitors include listed companies like Recruit Holdings, Uber, Prosus and Carvana, and private ones like Xiaohongshu and Xingsheng Youxuan.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $23B | $3.9B | $149B | 5.7x | ||
| Publicly listed | $52B | $6.2B | $140B | 2.6x | ||
| Publicly listed | $9.7B | $1.1B | $88B | 7.9x | ||
| Publicly listed | $20B | ($110M) | $81B | 3.0x | ||
| Private | $3.7B | - | $17B | 4.6x | ||
| Private | $704M | - | $12B | - |
Dailuobo Public Comps
Dailuobo is still privately-owned, but its public comps include Amazon, Alibaba Group, Recruit Holdings, Uber, Booking Holdings, Pinduoduo, Airbnb, Prosus, Carvana and DoorDash.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $717B | $161B | 4.1x | 3.6x | 18.4x | 14.1x | |||
| $154B | $15B | 1.7x | 1.6x | 17.4x | 12.0x | |||
| $23B | $3.9B | 6.2x | 5.7x | 36.9x | 23.2x | |||
| $52B | $6.2B | 2.9x | 2.6x | 23.9x | 13.5x | |||
| $27B | $8.3B | 4.6x | 4.4x | 15.0x | 11.7x | |||
| $65B | $15B | 0.8x | 0.8x | 3.6x | 3.2x | |||
| $12B | $2.4B | 8.3x | 7.2x | 41.7x | 20.1x | |||
| $9.7B | $1.1B | 9.3x | 7.9x | 85.4x | 116.7x | |||
This data is available for Pro users. Sign up to see all Dailuobo competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Dailuobo
| When was Dailuobo founded? | Dailuobo was founded in 2017. |
| Where is Dailuobo headquartered? | Dailuobo is headquartered in Hefei, China. |
| Is Dailuobo publicly listed? | No, Dailuobo is a private, VC-backed company. |
| How much funding has Dailuobo raised? | Dailuobo has raised $102M across 2 funding rounds. |
| What was Dailuobo's last funding round? | Dailuobo's last funding round was a $92M Series A in June 2019, led by Hillhouse Investment. |
| Who are Dailuobo's investors? | Dailuobo's investors include Hillhouse Investment. |
| Which companies are comparable to Dailuobo? | Companies comparable to Dailuobo include Recruit Holdings, Uber, Prosus, Carvana, Xiaohongshu and Xingsheng Youxuan. |
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