Search company, investor...

Qiandama

qdama.cn

Founded Year

2012

Stage

Series E | Alive

Total Raised

$143M

About Qiandama

Qiandama is a chain of grocery stores operating to take "No Overnight Meat" as the brand concept and adhere to the "Nissin" model. The comapny's products include fresh meat, vegetable side dishes, cooked food processing, and aquatic products. The company was founded in 2012 and is based in Guangzhou, China.

Headquarters Location

Room 1901-1907, 19 / F, Shang Tie International Building 179 Tianhe North Road, Tianhe District

Guangzhou, Guangdong, 510623,

China

Missing: Qiandama's Product Demo & Case Studies

Promote your product offering to tech buyers.

Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.

Missing: Qiandama's Product & Differentiators

Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).

Latest Qiandama News

Qiandama Picks CICC, Morgan Stanley for Hong Kong IPO

Jul 30, 2021

Jul 30 2021, 3:41 PM July 30 2021, 3:26 PM July 30 2021, 3:41 PM (Bloomberg) -- Chinese fresh food chain operator Qiandama has picked China International Capital Corp. and Morgan Stanley to work on its planned Hong Kong initial public offering, according to people familiar with the matter. (Bloomberg) -- Chinese fresh food chain operator Qiandama has picked China International Capital Corp. and Morgan Stanley to work on its planned Hong Kong initial public offering, according to people familiar with the matter. The Guangzhou-based company is working with the banks on the IPO that could raise about $500 million, said the people, who asked not to be identified as the information is private. The share sale could take place as soon as the end of this year, they said. Qiandama, which means Auntie Qian, is close to complete a pre-IPO funding round, according to one of the people. The company had planned to raise about 2 billion yuan ($310 million) in a new round that could value it at as much as 25 billion yuan, Bloomberg News reported in March. Deliberations are ongoing and details of the listing plans including size and timeline could still change, the people said. A representative for Qiandama said the company doesn’t have an IPO plan at the moment, declining to comment further. A representative for CICC declined to comment, while a representative for Morgan Stanley isn’t immediately available for comment. Qiandama, established in 2012, sells products including vegetables, fruits, fresh meat and eggs through its franchised stores, according to its website . The company, which completed an almost 1 billion yuan fundraising in 2019, is well-known for its slogan “never sells overnight meat” and offers discounts toward the end of each day to clear stocks. The fresh food chain operator opened its first overseas outlet in Hong Kong in 2018 and started expanding beyond southern China the following year. It runs more than 3,000 stores in over 20 Chinese cities as of February. ©2021 Bloomberg L.P.

Qiandama Frequently Asked Questions (FAQ)

  • When was Qiandama founded?

    Qiandama was founded in 2012.

  • Where is Qiandama's headquarters?

    Qiandama's headquarters is located at Room 1901-1907, 19 / F, Shang Tie International Building, Guangzhou.

  • What is Qiandama's latest funding round?

    Qiandama's latest funding round is Series E.

  • How much did Qiandama raise?

    Qiandama raised a total of $143M.

  • Who are the investors of Qiandama?

    Investors of Qiandama include Hezhi Capital, GenBridge Capital, Co-Stone Venture Capital, Taikang Life Insurance, JD Investments and 6 more.

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.

Request 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.