Search company, investor...

Founded Year

2014

Stage

Series E | Alive

Total Raised

$1.452B

Valuation

$0000 

Last Raised

$450M | 6 yrs ago

Revenue

$0000 

About Meicai

Meicai develops an online fresh food aggregator platform. It enables farmers to sell vegetables directly to restaurants. It was founded in 2014 and is based in Beijing, China.

Headquarters Location

X No. 8 Beijing Station East Street Room 320 , 3rd Floor , Block C

Beijing, Beijing, 100029,

China

4001137137

CB Insights
Looking for a leg up on competitive, customer and technology insights?
CB Insights puts confidence and clarity into your most strategic decisions.
See how. Join a demo.
Join a demo
Trusted by the world's smartest companies to:
  • Predict emerging trends
  • See competitors' playbooks
  • Stalk the smart money
  • Identify tomorrow's challengers
  • Spot growing industries
  • Kill analyst data work
Let's see how we can help you!
MicrosoftWalmartWells Fargo

ESPs containing Meicai

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Enterprise Tech / Supply Chain & Procurement

The B2B e-commerce platforms market is a space where technology vendors offer solutions to help businesses streamline their ordering process, source products at better pricing, and integrate with accounting systems. These platforms also provide a channel for suppliers to market their products and receive orders from buyers. The market includes companies specializing in selling surplus and imperfec…

Meicai named as Outperformer among 10 other companies, including Udaan, Pepper, and FoodMaven.

You're one click away from the most comprehensive, unmatched analyst expertise in tech, in-depth private company data and a platform that brings it all together.
Click Now. Join a live demo
Join a demo

Expert Collections containing Meicai

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Meicai is included in 3 Expert Collections, including Restaurant Tech.

R

Restaurant Tech

1,071 items

Hardware and software for restaurant management, bookings, staffing, mobile restaurant payments, inventory management, cloud kitchens, and more. On-demand food delivery services are excluded from this collection.

A

Agriculture Technology (Agtech)

1,977 items

Companies in the agtech space, such as equipment manufacturers, surveying drones, geospatial intelligence firms, and farm management platforms

U

Unicorns- Billion Dollar Startups

1,221 items

Latest Meicai News

Chinese Startup Meicai Weighs Hong Kong IPO After Crackdown

Apr 27, 2023

Read full article July 23, 2021 at 1:30 AM ·2 min read MPNGY (Bloomberg) -- Meicai, a Chinese startup that connects restaurants with vegetable producers, is considering shifting its initial public offering to Hong Kong from the U.S. after Beijing’s recent crackdown on overseas listings, people with knowledge of the matter said. The Beijing-based company is starting preparations for a Hong Kong listing, said the people, who asked not to be identified as the information is private. The startup could raise several hundred million dollars in an IPO, one of the people said. Meicai confidentially filed for a U.S. share sale earlier this year, Bloomberg News reported in May. Meicai would join on-demand logistics and delivery firm Lalamove in weighing a listing venue switch amid the fallout from the $4.4 billion U.S. IPO by China’s Didi Global Inc. Chinese regulators barred Didi’s software from local app stores and said companies with over 1 million users’ data will need to submit to a cybersecurity review for overseas listings. Regulators are considering serious, perhaps unprecedented, penalties for Didi, Bloomberg News reported this week. Deliberations are still ongoing and Meicai could decide to proceed with its U.S. listing plan later, the people said. A representative for Meicai declined to comment. Meicai -- whose name means “beautiful vegetable” in Chinese -- was founded in 2014 by rocket scientist Liu Chuanjun. Using a smartphone app, restaurant owners in China can order fresh produce such as bok choy and Sichuan peppercorns directly from farms, disrupting traditional wholesaling by cutting out middlemen. The company said it serviced more than 2 million restaurants in over 300 Chinese cities as of the end of 2020. Meicai, which counts Tiger Global Management, Hillhouse Capital, and GGV Capital among its backers, raised about $800 million in 2018 for a post-investment valuation of $7 billion. More funding is needed for the startup as fresh-produce sourcing heats up. Chinese local services leader Meituan has bet on the segment to drive growth and anchor its food delivery and restaurant management business. Sequoia China-backed Shuhai Supply Chain, a startup specializing in logistics for restaurants’ ingredients and produce, is also a competitor. Story continues Subscribe now to stay ahead with the most trusted business news source. ©2021 Bloomberg L.P.

Meicai Frequently Asked Questions (FAQ)

  • When was Meicai founded?

    Meicai was founded in 2014.

  • Where is Meicai's headquarters?

    Meicai's headquarters is located at X No. 8 Beijing Station East Street, Beijing.

  • What is Meicai's latest funding round?

    Meicai's latest funding round is Series E.

  • How much did Meicai raise?

    Meicai raised a total of $1.452B.

  • Who are the investors of Meicai?

    Investors of Meicai include Tiger Global Management, Genesis Capital, CMC Capital Partners, GGV Capital, Hillhouse Capital Management and 8 more.

CB Insights
Looking for a leg up on competitive, customer and technology insights?
CB Insights puts confidence and clarity into your most strategic decisions.
See how. Join a demo.
Join a demo
Trusted by the world's smartest companies to:
  • Predict emerging trends
  • See competitors' playbooks
  • Stalk the smart money
  • Identify tomorrow's challengers
  • Spot growing industries
  • Kill analyst data work
Let's see how we can help you!
MicrosoftWalmartWells Fargo

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Join a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.