Abstract:

O2O Chinese dada capacity platform ahead of the recently completed D round of financing, financing amount at about $300 million, mainly for DST and Sequoia Capital investment. After this round of financing, a valuation of more than $1 billion, becoming the new Unicorn company.

 

news December 31, 2015, China leading O2O dada capacity platform recently completed a D round of financing, financing amount at about $300 million, mainly for DST and Sequoia Capital investment. After this round of financing, a valuation of more than $1 billion, becoming the new Unicorn company.

dada launched in June 2014, focused on mobile and crowdsourcing way to solve one of O2O’s biggest pain point: the last three kilometers logistics. Public data shows, after the establishment of dada won millions of dollars A round of investment from Sequoia Capital, at the end of 2014 to complete the B round of PE from a number of private equity funds and the US super angels tens of millions of dollars in financing. June 2015, the completion of the investment led by DST, Sequoia and king Lin with the investment of $100 million C round of financing.

dada’s official website and the responsible person said that the data is: people have 700 employees, 900 thousand of the real name authentication delivery staff, covering more than and 40 city services, nearly 30 million merchants, 1 million 500 thousand single day orders. Dada’s vision is to be the water, electricity, coal O2O era, let the world is not difficult to do business O2O.

wants to be a O2O utility, but a line shortly before the delivery service to send pleasure and beauty group began to take away, hungry, Baidu takeaway in direct competition; relevant responsible person said that at present there are 1 million people, sent orders every day fun. U.S. mission, hungry Mody, Baidu’s response is, respectively, on their own crowdsourcing platform.

dada for more than a year, the rapid rise of the unicorn. Dada founder Philip Kuai said, due to the rapid rise in people born in O2O on the air, reflected in the following four aspects: 1) delivery, the user has to accept; 2) O2O takeaway industry one of the Red Sea, the Red Sea and meet peers, hungry 8 city cooperation, cooperation with other platforms and almost no competitors; 3) intelligent mobile phone has spread, delivery personnel will each be used; 4) single grab one has already been connected to the center.