Online food delivery service Daojia.com announced that it has closed US$50 million of Series D financing jointly led by JD.com and Macquarie. (source via Sina) This deal marked JD’s second capital injection in Daojia, which has received undisclosed amount of financing in Series C round one year earlier.

The funding will be used in R&D, expansion into new cities and construction of delivery team, according to the company.

Founded in 2010, Daojia differentiate itself from other competitors with a special focus on urban medium- and high-tier users and it has constructed an in-house delivery team.

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Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.