Ele.me App
Ele.me, an online food ordering service, announced today it has secured $80 million of funding from Dianping, China’s leading ratings and reviews service. Although the company did not disclose the stake Dianping going to take in it, Ele.me confirmed that the founding team will still be the controller of the startup.
The two companies also entered partnership to share user and merchant data and traffic, as well as to integrate food ordering services. Ele.me has had over 20,000 partner restaurants in 30 Chinese cities. The annual sales through Ele.me exceeded 1.2 billion yuan (around $192 million), according to the company.
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