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Yummy77

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Yummy launched in China in 2013, offering seasonally fresh products for order online

Huangpu, ChinaFounded 2013eCommerce & Marketplaces
Valuation $100–250M Last recorded · 2014
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Yummy77 and the history behind them.

About Yummy77

Yummy77 (Shanghai Yummy77 Network Technology Co., Ltd) was an online grocery and fresh food delivery platform that operated primarily in Shanghai, China. The company was founded in 2013 by Zhang Huan. Yummy77 was established as the business-to-consumer division of TRUE, a subsidiary of the Thailand-based agribusiness conglomerate Chia Tai Group.

The business was designed to meet the increasing demand from urban Chinese consumers for high-quality fresh foods, including imported items. Its product offerings spanned fresh fruit, seafood, meat, dairy products, and other gourmet foods. The business model was centered on a direct-to-consumer approach, allowing customers to place orders via computer or phone for delivery to their home or office. A key feature of its service was rapid delivery, initially promising fulfillment within a few hours and later evolving to a one-hour delivery window in many areas.

To achieve this, Yummy77 developed a capital-intensive logistics network. This infrastructure included a central warehouse for inventory and numerous smaller, neighborhood-level delivery stations equipped with refrigeration to facilitate last-mile delivery by scooter. This 'hub-and-spoke' model enabled the company to maintain control over the cold chain and ensure product freshness. In 2015, the company expanded its client base by beginning to supply small restaurants, a segment which grew to represent a significant portion of its sales.

A major milestone occurred in May 2014 when Amazon invested $20 million for a minority stake in the company. This was Amazon's first investment in a Chinese company and was intended to help Yummy77 expand its product categories and operational network beyond Shanghai, while allowing it to continue operating independently. By the end of 2013, the company reported sales exceeding RMB 100 million (approximately $16 million) and had surpassed one million registered users by early 2014. Despite its initial growth and significant backing, the company eventually ceased operations and is now classified as acqui-hired.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2013
Headquarters
Huangpu, China
Open positions
None listed
Dealroom signal
21.0/100
Industry
Food
Sub-industry
Food Logistics & Delivery
Sector
eCommerce & Marketplaces, Food Processing, Shipping, Delivery, On-Demand, Directory
Business model
Marketplace & ecommerce
Client focus
b2c

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit May 2016 $0 — Jialebao.cc —
EARLY VC✓Equity / VC May 2014 $20M $80M Amazon —
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Growth signals

Yummy77 website traffic

Latest recorded traffic for Yummy77 is 170 monthly website visits, down 29.2% over the last three months.

Latest monthly visits170 3-month web change-29.2%
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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

2 investors on the cap table

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

Series A1 investor entered at this stage

Other known investors1 additional known investor

  • Jialebao.cc
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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 · Huangpu HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Yummy77 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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