Alibaba Bendi Shenghuo Fuwu Gongsi, valued at around $30 billion, operates key on-demand online service platforms in China including Ele.me and Koubei. Backed by major global investors, it provides e-commerce, delivery, and local services to millions of users nationwide.
Keep reading to learn how Alibaba Bendi Shenghuo Fuwu Gongsi became a leading local services platform in Asia.
What Is Alibaba Bendi Shenghuo Fuwu Gongsi and What Does It Do?
Founded in 2018, Alibaba Bendi Shenghuo Fuwu Gongsi is a China-based local life services holding company that operates online platforms for food delivery and restaurant discovery through Ele.me and Koubei. The company focuses on providing on-demand services, including delivery, customer engagement, and commerce solutions for local businesses and consumers.
How Much Funding Has Alibaba Bendi Shenghuo Fuwu Gongsi Raised?
1. Private Equity Round
- Amount Raised: ~$4 billion
- Date: November 2018
- Valuation: ~$30 billion
- Lead Investors: Alibaba Group, SoftBank Vision Fund
- Other Investors: Ant Group, Primavera Capital Group
- Purpose: Expand local services offerings, scale delivery platforms, and accelerate growth of Ele.me and Koubei in China’s on-demand services market
Total Funding Raised: ~$4 billion Latest Funding Date: 2018 Latest Known Valuation: ~$30 billion
Key Investors
- Alibaba Group
- Details: Chinese multinational technology company investing in digital commerce and local services
- Focus Areas: E-commerce, delivery platforms, commerce ecosystems
- SoftBank Vision Fund
- Details: Technology investment fund backing high-growth global tech companies
- Focus Areas: Internet services, on-demand platforms, and technology infrastructure
- Ant Group
- Details: Financial technology affiliate of Alibaba Group
- Focus Areas: Digital payments, consumer finance, and tech investments
- Primavera Capital Group
- Details: Asia-focused investment firm backing technology and consumer companies
- Focus Areas: Growth equity, tech platforms, and strategic investments
Where Is Alibaba Bendi Shenghuo Fuwu Gongsi’s Headquarters?
Alibaba Bendi Shenghuo Fuwu Gongsi is headquartered in Beijing, Beijing, China, serving as the central hub for its local services operations and strategic growth in on-demand platforms.
What’s Next for Alibaba Bendi Shenghuo Fuwu Gongsi?
Alibaba Bendi Shenghuo Fuwu Gongsi plans to continue enhancing its on-demand delivery and local services ecosystem, deepen integration between Ele.me and Koubei, and leverage investor support to expand technology capabilities and consumer reach across China. Future growth may include partnerships and digital commerce innovations to sustain competitiveness in local services.
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