China’s catering franchising brand intelligence platform Waimai Qingbao raised tens of millions of yuan in an angel round funding Led by Tongcheng Capital. The investment will be use on team building, operation improvement, channel development, and advertising.
Established in 2019, Waimai Qingbao aims to narrow the information gap in the catering franchising industry to support entrepreneurs’ decision making. Waimai Qingbao provides the restaurant information and business registration information of 3 million Chinese catering brands. Deploying structural processing and comparing data analysis models , it provides various information about a catering brand including business registration number of restaurants, location of restaurants, growth trend, the number of closed down restaurants, rankings of regions and categories, owner information, and reporting on franchising.
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