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Qdama
Qdama is a fresh agricultural product service provider that focuses on the operation of the fresh meat market
About Qdama
Guangzhou Qiandama Agricultural Products Co., Ltd., operating as Qdama, has established a significant presence in China's fresh food retail market by focusing on a community-centric model. The company was founded in 2012 by Feng Jisheng, who drew from his extensive experience in agricultural product supermarkets to launch the venture. Initially, Qdama began as a single pork stall in a wet market in Dongguan. The founding principle, "never sell overnight meat," was a direct response to consumer demand for freshness and became the cornerstone of the company's brand identity. This core concept proved so successful that it led to the business being pushed out of the traditional market by competitors, which catalyzed its transition into community-based stores.
The founder's journey is a tale of vision and perseverance. Feng Jisheng's initial idea for a "daily clearance" model for fresh meat was met with skepticism, even from his sister, Feng Weihua, who would later become the company's general manager. Undeterred, Feng Jisheng single-handedly proved the viability of his model, first with the pork stall and then with the first full-fledged community store. Feng Weihua, inspired by her brother's early success and vision, joined the company after his fourth store opened, even selling her house to support its expansion. Her prior experience includes a previous, albeit unsuccessful, attempt at co-founding a pork brand, which provided her with valuable lessons. Today, Feng Jisheng serves as the chairman, focusing on long-term strategy, while Feng Weihua handles the day-to-day operations as general manager.
Qdama's business model revolves around a network of franchised community stores, strategically located to be the "grocery market at your doorstep." The company serves urban residents who prioritize freshness in their daily shopping. Revenue is generated through franchise fees, a brand usage fee, and a percentage of the franchisees' profits. The product catalog is extensive, featuring eight main categories: vegetables, aquatic products, fruits, pork, other meats, eggs and milk, and processed foods. The company’s unique selling proposition is its "daily clearance" system, where products are discounted every evening starting at 7 p.m. until all remaining stock is given away, ensuring zero inventory overnight. This strategy not only guarantees freshness but also drives high customer traffic and loyalty. To support this, Qdama has built a robust supply chain with self-operated distribution centers that ensure timely delivery to all its franchise locations. The company has also expanded its reach through online channels and pre-order options, which have seen significant growth.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2012
- Headquarters
- Guangzhou, China
- Employees
- 1,099
- Open positions
- None listed
- Dealroom signal
- 23.0/100
- Industry
- Food
- Sub-industry
- AgriTech, Food Logistics & Delivery
- Sector
- eCommerce & Marketplaces, Retail, Rumoured $1B, Hard Tech
- Business model
- Marketplace & ecommerce
- Client focus
- b2b
- Links
- Website
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VCOther financing | Jul 2022 | $0 | — | Hezhi Investment | ↗ |
| SERIES DOther financing | Dec 2019 | $142M | $568M | GenBridge Capital | — |
Growth signals
Latest recorded traffic for Qdama is 24K monthly website visits, up 26.3% over the last three months. Qdama's team grew 0% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later2 investors entered at this stage
GenBridge Capital- HIHezhi Investment
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Qdama 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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