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Multi-brand food company specializing in Chongqing cuisine, featuring popular dishes like small noodles, sour powder, and barbecues

ChinaFounded 2014Food
Valuation $579M Market cap · 2025
Revenue $223M Latest reported FY

About Meet Noodles

Founded in 2014, Xiao Mian is a multi-brand food company that specializes in Chongqing cuisine. The company operates under four main brands: Chongqing's small face, now boiling head paste, sour powder, and small barbecues. These brands offer a variety of popular Kawakawa foods, including small noodles, sour powder, roasted hoofs, and other snacks. Xiao Mian aims to grow into a world-class food brand that represents Chinese culinary traditions.

The company primarily serves customers who are interested in authentic Chinese cuisine, particularly those who enjoy the unique flavors of Chongqing. Xiao Mian operates in the food and beverage market, focusing on both dine-in and takeaway services. Its business model revolves around offering a diverse menu of traditional dishes, which attracts a broad customer base. Revenue is generated through direct sales at its nearly 50 brand shops located in key business districts of Shanghai, Shenzhen, and Guangzhou.

Xiao Mian has experienced rapid growth, securing tens of millions of yuan in funding from the 999 Group during its Pre-A funding round. The company hosts over 300,000 visitors per month and sells more than 100,000 bowls of its branded red bowl of peas each month. By the end of 2019, Xiao Mian had developed nearly 50 brand shops in major Chinese cities.

Source: Dealroom company data

At a glance

Status
Listed
Founded
2014
Headquarters
China
Listing
IPO 2025
Open positions
None listed
Dealroom signal
20.7/100
Industry
Food
Sector
Food, Beverage, Restaurant Tech, Capital Market Infrastructure
Client focus
b2b
Links
Website

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
POST IPO EQUITY✓Other financing Jun 2026 $0 — Baifu Holdings ↗
IPO✓Exit Dec 2025 $88M $579M Undisclosed ↗
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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026 $223M 0%
2025 $223M +40.4%
2024 $159M +44.1%
2023 $110M +91.6%
2022 $57M —
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Growth signals

Meet Noodles website traffic

Latest recorded traffic for Meet Noodles is 180K monthly website visits, down 25% over the last three months.

Latest monthly visits180K 3-month web change-25%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Qing Cong Capital

Series A2 investors entered at this stage

  • Hony Capital
  • BAIYU Holdings

Series B and later2 investors entered at this stage

  • Country Garden Venture Capital
  • Baifu Holdings

Other known investors1 additional known investor

  • Country Garden
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Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇳 China HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Meet Noodles on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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