Yummy Express, a Beijing, China-based O2O solutions provider offering logistics and operations services, completed a $10m Series C financing.
The round was led by ClearVue Partners, with participation from SBCVC.
The company intends to use the funds to continue to grow operations.
Established in 2012 by Yu Yang, Yang Shuyi and Ba Zhen, Yummy Express focuses on meal delivery services for major takeout O2O platforms including China’s largest catering merchants such as Baidu Waimai. Additionally, the company provides fast-moving consumer goods companies with internet-enabled logistics and operational services. Its “3km, 30 min” on-demand service with heat retained records and shares delivery stats information with customers.
Yummy Express, which also delivers fresh foods such as cake and fresh fruit from companies such as missfresh.cn, 1mxian.com and xuxian.com, has over 5,000 proprietary “delivery men” with 200,000 daily orders being provided in 18 cities in China.