Hualala

Active#11 worldwide · Restaurant softwareNot open to Backers

Estimated valuation · Restaurant software · China

Supplies Chinese restaurant chains with cloud software for cashier and ordering, kitchen management, queuing, delivery aggregation, payments reconciliation, supply chain and staff management.

Food & agriculture›Restaurant software

HQChina

Last roundSeries A · 2020

Estimated valuation

AI · Restaurant software ranking (worldwide)

≈ USD 410MUSD 270–610M · Hundreds of M$

Hundreds of k$

Millions $

Tens of M$

Hundreds of M$

Unicorn

Decacorn

Hectocorn

Anchor: Last known equity round: Series A · USD 236M · 2020

An indicative editorial estimate produced by AI, imperfect by nature: neither a financial valuation nor investment advice. Only the market sets a company’s value. Method

Uback rankings

How the AI ranks →

Ranking	Tier	Rank	Edition	Next update
Restaurant software · worldwide	Top 50	#11	Edition 0 · Oct 2026	18 Apr 2027

Rank historyOct 2026 · #11 Restaurant softwareFirst edition: no movements yet.

Funding history

Date	Round	Amount	Type	Investors
2020	Series A	USD 236M	Equity	Hillhouse Capital, Meituan, Shenzhen Capital Group

Rounds as cited by Uback’s rankings. Equity, debt and grants are shown separately; only equity rounds count towards the valuation anchor.

Independent analyses

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Not open to BackersCompanies based in mainland China are ranked like any other startup, but Uback does not open pools on them: capital controls and offshore (VIE) structures make minority deals impractical for our Backers.

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Last updated: Oct 2026Report an error

Uback is a content publisher and an aggregator of non-binding expressions of interest. It provides no investment advice, receives no mandate and takes part in no transaction. Rankings, ranges and brackets are editorial estimates produced by AI, purely indicative.