ShandianGou launched in October 2014 as a brand of Hangzhou Qiangqu Network Technology Co., providing LBS-based one-hour delivery of fruit, fresh food, drinks, dairy and snacks within a one-kilometer area. Its service now covers major districts in Beijing, Shanghai, Guangzhou, Shenzhen and Hangzhou and has become a leading instant-consumption channel for community and CBD white-collar customers. The company plans to focus on measured city expansion, systems R&D, talent recruitment, improved user experience and greater brand investment rather than pursuing a high-burn growth model. Under a strategic partnership with Alibaba, ShandianGou will integrate mobile entry resources, supply-chain and logistics capabilities to offer one-hour supermarket and convenience-store delivery to Taobao mobile users. Management intends to upgrade offline stores, add online operations capability and execute a three-year “100 cities, 10,000 stores” expansion plan. The company positions itself to build a national one-hour retail network by combining its operational model with Alibaba’s traffic and supply-chain resources.

Total raised

$40M

Funding rounds

1

Latest round

Series C

Latest activity

Aug 2016