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Imile Delivery Secures $40 Million Bridging Chinese Sellers To Emerging Markets

Nov 30, 2021•over 3 years ago

Amount Raised

$40 Million

Dubai

Description

Dubai-based delivery company iMile founder and CEO Rita Huang, formerly of Alibaba and Huawei, today announced a $40 Million Series A financing round at a 350 million US dollar valuation. This is the largest series A round by a woman in the region and a key step forward in meeting her vision to transform the logistics chain between Chinese sellers and the rest of the world.

Company Information

Company

I Mile

Location

Dubai, Dubai, United Arab Emirates

About

iMile is a logistics and last-mile delivery service, founded on premium state-of-the-art in-house technology. iMile was launched in September 2017 by Rita Huang and co-founders Naveen Joseph, Gao Wenli, and Nancy Chen. Rita Huang, Founder & CEO (LinkedIn) (Twitter) Photo - https://mma.prnewswire.com/media/1697345/iMile_Delivery.jpg

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech