Alibaba Local Services
Hangzhou, China · Founded 2018 · $3.0B raised
- Headquarters
- Hangzhou
- Founded
- 2018
- Business Model
- Marketplace
- Total Funding
- $3.0B
- Last Round
- $3.0B Corporate RoundAug 2018
- Rounds
- 1
About
Alibaba Local Services Company was formed in October 2018 by merging Alibaba's food delivery platform Ele.me with its local services and reviews platform Koubei, backed by a $3 billion investment from Alibaba and SoftBank. The combined local-life-services platform connects consumers with food delivery, dining reviews, and neighborhood services across cities in China.
Summary
Alibaba Local Services is an E-Commerce company based in Hangzhou, China, founded in 2018. It has raised $3.0B in total across 1 round, most recently a $3.0B Corporate Round round in Aug 2018. Investors include Alibaba Group and SoftBank.
Funding History
Aug 2018
Investors
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