DDMap, one of the largest life services provider in China, announced today receiving Series D round of financing led by Citi Ventures and Alibaba. The Shanghai-based startup didn’t disclose the exact sum though.

The company just secured US$ 40 million from a round led by F&H in this April. It had greatly expanded the number of its sub-station and stuff, in case of facing the competition of market at offline in O2O business after the investment.

The funding would go towards speeding up and consolidating the process of DDMap mobile ecommerce effort on O2O front, according to Xu Longjiang, CEO of the company. He also noted that the partnership could help the service grow faster since they(Alibaba) “have a lot of great resources and pay channels”. As for Citi Ventures, Xu thinks it’s a “win win situation” for both of them as “DDMap is looking forward to investigating potential ways we can work with Citi to bring value to Citi customers”.

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Ben Jiang

Listener of startups, writer on tech. Maker of things, dreamer by choice.