Comment on Food Delivery Service Daojia Raises US$50M of Series D Financing Led by JD by Online Food Takeout Service Ele.me Books Landmark US$350M Round Led by Tencent - TechNode

['Emma Lee', 'More Emma Lee', '.Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow', 'Class', 'Wp-Block-Co-Authors-Plus', 'Display Inline', '.Wp-Block-Co-Authors-Plus-Avatar', 'Where Img', 'Height Auto Max-Width', 'Vertical-Align Bottom .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow .Wp-Block-Co-Authors-Plus-Avatar'] Comments for TechNode 2014-09-17 00:00:00

Online food delivery service Daojia.com announced that it has closed US$50 million of Series D financing jointly led by JD.com and Macquarie. (source via Sina) This deal marked JD’s second capital injection in Daojia, which has received undisclosed amount of financing in Series C round one year earlier. The funding will be used in R&D, expansion into new cities and construction of delivery team, according to the company. Similar food ordering and delivery service Ele.me and Etaoshi also received different amount of funding. Moreover, Chinese leading rating and review service Dianping and Alibaba also added food delivery services to tap this market.