Yummy77

Yummy77

Online grocery retailer.

Company Information

Description

Yummy77 launched in China in 2013, offered grocery products for order online. It sold products such as seafood, meat, and dairy etc. It raised $20M in funding from Amazon which would be utilized to expand into new markets and to help Amazon China expand its selection of products. It had revenues of $16M from 1 million registered users in 2013.

Legal Name

-

Former Legal Name(s)

-

Company Reputation

-

Entity Type

Private limited company

Ownership Status

-

Operational Status

Inactive

Founded Date

1 Jan 2013

Operational Duration

3 years

Shutdown Date

2016

Last Financing Round

Venture Round

Total Raised

USD 20M

Last Financing Date

19 May 2014

No. of Funding Round(s)

1

No. of Investor(s)

1

No. of Employees

1 - 10

Total Revenue

-

Post-money Valuation

-

Market Capitalization

-

Stage of Development

Growth

Transactional Model Type

B2C

Defensibility Moats

User networks,

City

Shanghai

State/Province

Shanghai

Country

China

Industry

Internet

Categories

Shopping, Grocery, E-commerce,

Product Gallery