Xiaomi, SCGC Invest $13M In Chinese Food Delivery App

Shanghai-based food delivery app Yes, I Deliver has received RMB80 million (US$13 million) series A funding led by Xiaomi Inc., Shenzhen Capital Group Co., Ltd. (SCGC) and Hu Zeming, founder of Chinese mobile Internet firm 91.com, according to Chinese media reports.

Founded in December 2013, Yes, I Deliver received undisclosed angel investment in March this year.

The company provides food delivery services via its mobile apps and online platforms. It claims it has over 200,000 users, and more than 5,000 cooperating restaurants.

 

 
China Expert network

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