Dada

Overview

Total Equity Funding: $450M in 5 Rounds from 5 Investors
Most Recent Funding: $50 Million on October 20, 2016 / Undisclosed Round
Headquarters: Shanghai, Shanghai
Description: Dada is an Uber-like mobile app that provides last mile logistics services.
Founders: Philip Kuai
Categories: Internet, Mobile Apps, Logistics, Mobile
Website: http://imdada.cn

Company Details

Founded: 2014
Aliases: Shanghai Qu Sheng Network Technology Co., New Dada
Contact: kefu@imdada.cn | (400)615-7597
Employees: 10k + | 1 in Crunchbase

Dada’s mobile app connects delivery workers with short-distance delivery jobs. The company says it has 800,000 registered and verified delivery workers and operates in 40 Chinese cities.

People on-line in June 2014, focused on one of the biggest pain points with O2O mobile crowdsourcing and how to solve: The last three kilometers of logistics. People between the part-time delivery staff have distribution requirements and business to build a platform, businesses can easily by Dada APP or API interface of orders placed, near the part-time delivery staff can grab a single complete distribution tasks. 20 months time, the Dada platform has quickly gathered 1.3 million real-name authentication Dada delivery staff, covering more than 40 cities, including Beijing, Shanghai, Guangzhou, Shenzhen, Hangzhou, Wuhan, Nanjing, Chengdu, Chongqing, serving more than 300 000 businesses, more than 1.5 million daily orders alone, is the largest logistics platform crowdsourcing.

In addition to App merchants and delivery staff use, Dada also provide comprehensive API, it has been includ ed hungry Mody, the US group, Baidu, the new word of mouth, including hundreds of O2O platform to complete the docking, strategic cooperation. Dada’s vision is to become the O2O electricity supplier infrastructure, the most reliable quality logistics services to businesses throughout China, becoming O2O era water, electricity, coal, so that the world O2O not difficult to do business.

October 2015, Dada launched takeaway internet pie fun. All orders sent on the fun all done by Dada distribution, single-day volume over 1.2 million single, realize orders – delivery closed loop. Currently O2O home closed loop orders, Dada has reached the first in the country.