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Qdama

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Qdama is a fresh agricultural product service provider that focuses on the operation of the fresh meat market

Guangzhou, ChinaFounded 2012eCommerce & Marketplaces
Valuation $500M–1B Last recorded · 2019
Headcount 1–2k Current team size
Total funding $100–500M Disclosed equity funding
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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 data

At 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

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCOther financing Jul 2022 $0 — Hezhi Investment ↗
SERIES DOther financing Dec 2019 $142M $568M GenBridge Capital —
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Growth signals

Qdama website traffic

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.

Latest monthly visits24K 3-month web change+26.3% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

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

Investors

2 investors on the cap table

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
  • Hezhi Investment
Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
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 · Guangzhou HQ
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Market sentiment

Posts on X, past 7 days

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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