Ele.Me Completes $630M Series F Co-led By CITIC PE, Beijing Hualian

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Shanghai-based online food ordering platform Ele.me has received US$630 million series F funding round led by CITIC Private Equity Funds Management Co. and Shenzhen-listed Chinese shopping mall operator Beijing Hualian Department Store Co., Ltd., according to a company announcement.

China Media Capital, Gopher Assets, and existing investors Tencent Holdings Limited, JD.com Inc., Sequoia Capital also participated in the round, which values the start-up at US$3 billion.

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