# Dmall(Beijing)E-commerce Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dmall-beijing-e-commerce-co

- Industry: Internet
- Headquarters: Beijing, China
- Website: www.dmall.com
- Total disclosed funding: $518M
- Latest round: Series C (Oct 30, 2020)
- Investors on record: 10

## About

Established in 2015 and based in Beijing, China, Dmall(Beijing)E-commerce Co., Ltd operates a shopping mobile application that provides delivery services of goods from supermarkets. The company was co-founded by Feng Zhang, Jiangfeng Liu, Jie Lin, Wenzhi Li, Wenzhong Zhang, and Xin Han, and in April 2015, the company received its first funding from IDG Capital.

The company provides a digital grocery shopping store that allows the customer to order fruits and vegetables from grocery stores nearby and pay online enable to help the customers in grocery shopping in nearest grocery stores.

The company's revenue generated from providing a digital platform for grocery shopping with digital marketing services.

Dmall(Beijing)E-commerce Co., Ltd is working with advisers and rooting to list at the second half of the year 2021. The company plans to raise an initial public offering for USD 500 million.

## Funding rounds

- Series C, Oct 30, 2020, $418M — IDG Capital, Tencent Investment, CMB International Asset Management, Lenovo Capital and Incubator Group, China Industrial Bank, Shenzhen Investment Holdings, CCT Fund Management, Fujian Hengan Group Ltd., Shenzhen Futian Guiding Fund, Tianya Capital
- Series A, Jan 1, 2017 — IDG Capital
- Angel, Apr 30, 2015, $100M — IDG Capital

## Investors

- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Angel, Series A, Series C
- Tencent Investment — Series C
- CMB International Asset Management (https://capitalatlas.ai/funds/cmb-international-asset-management) — Series C
- Lenovo Capital and Incubator Group (https://capitalatlas.ai/funds/lenovo-capital-and-incubator-group) — Series C
- China Industrial Bank — Series C
- Shenzhen Investment Holdings — Series C
- CCT Fund Management — Series C
- Fujian Hengan Group Ltd. — Series C
- Shenzhen Futian Guiding Fund (https://capitalatlas.ai/funds/shenzhen-futian-guiding-fund) — Series C
- Tianya Capital (https://capitalatlas.ai/funds/tianya-capital) — Series C