Beijing Arts Network Technology Co., Ltd.
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Beijing Arts Network Technology Co., Ltd. - overview
Established
2015
Location
Beijing, Beijing, China
Primary Industry
Internet
About
Beijing Arts Network Technology Co. , Ltd. operates a premium online platform for e-commerce in original artwork, providing a diverse range of art products that cater to collectors, enthusiasts, and corporate clients. Founded in 2015 and headquartered in Beijing, China, Beijing Arts Network Technology Co.
, Ltd. specializes in the sale of original artwork through its platform Yiwang (艺网). The company has maintained its focus on e-commerce since its inception and has completed a funding round, raising an undisclosed amount in May 2017. Yiwang (艺网) offers a variety of art products including oil paintings, prints, ink wash paintings, watercolor artworks, calligraphy, sculptures, and photography.
Catering to individual collectors, art enthusiasts, and corporate clients, the platform provides an accessible shopping experience for purchasing artworks directly through its website and mobile application, serving both domestic and international markets. Yiwang generates revenue through art sales on its e-commerce platform, where customers can buy artworks at specified prices. The revenue model emphasizes a direct-to-consumer approach, ensuring authenticity and fair pricing. Additional revenue may come from customized art services, including art consultancy and tailored exhibitions for corporate clients.
Beijing Arts Network Technology Co. , Ltd. plans to enhance its product offerings and expand into new markets. The company is focusing on launching new art categories and improving its online platform functionality.
Recent funding from May 2017 will support these initiatives, allowing for investments in marketing and technology to reach broader customer segments, both domestically and internationally.
Primary Industry
Internet
Sub Industries
Web Applications
Website
www.ywart.com
Verticals
E-commerce
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
Beijing Arts Network Technology Co., Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Round | Completed | Beijing Arts Network Technology Co., Ltd. | - |
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