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Yimidida

Shanghai, China Logistics Acquired

Yimidida (壹米滴答) is a Chinese road freight and less-than-truckload (LTL) logistics platform headquartered in Shanghai. Founded in 2015 through the consolidation of multiple regional provincial logistics companies, it built a nationwide LTL network spanning more than 300 cities and thousands of districts across China, offering services such as truck deployment, doorstep pickup and delivery, cargo forwarding, payment collection, return receipts, delivery tracking and transport insurance. The company expanded via the 2020 acquisition of Shanghai-based UC Express (优速快递). In 2021 Yimidida received a strategic investment from Huisen Global, an affiliate of Indonesia-headquartered J&T Express, with China's State Administration for Market Regulation clearing the equity transfer in September 2021.

Acquired

Yimidida has been acquired

Acquired by Huisen Global (J&T Express affiliate) September 7, 2021

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2015

Total Funding

$406.1M

5 rounds

Funding

Total raised $406.1M across 5 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Series D+

Date

February 18, 2020

Amount

~$140M (RMB 1B)

Valuation

DateRoundAmount RaisedValuationLead Investors
February 18, 2020 Series D+ ~$140M (RMB 1B)
January 14, 2019 Series D $266.1M (RMB 1.8B) Boyu Capital
April 23, 2018 Series C

Leadership

  • Yang Xingyun

    Founder & CEO

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Anneng Logistics (ANE)

    Hong Kong-listed Chinese LTL freight network operator and one of the largest LTL players in China by parcel volume.

  • Deppon Express

    Major Chinese LTL and express delivery operator, listed in Shanghai; acquired by JD Logistics.

  • ZTO Express

    Leading Chinese express delivery operator with an expanding LTL business; dual-listed on NYSE and HKEX.

  • BEST Inc.

    Chinese logistics group whose express and freight businesses competed with Yimidida; its China express operations were acquired by J&T Express in 2021.

  • SF Express (S.F. Holding)

    China's largest integrated express and freight logistics group, with a sizeable LTL freight arm (SF Freight / Kerry Express).

  • YTO Express

    Major Shanghai-listed Chinese parcel and freight delivery operator, backed by Alibaba's Cainiao.

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Data collected with AI, which can make mistakes. Please double-check this information.