Guangzhou Quwan Network Technology Co.,Ltd.
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Guangzhou Quwan Network Technology Co.,Ltd. - overview
Established
2014
Location
Guangzhou, Guangdong, China
Primary Industry
Internet
About
Established in 2014 and based in Guangzhou, China, Guangzhou Quwan Network Technology Co. , Ltd. is an Internet company that provides game social platforms. It has award Guangzhou Private Leading Enterprise, Guangzhou Unicorn Innovation Enterprise, and so on.
In February 2021, Guangzhou Quwan Network Technology Co. , Ltd. raised USD 100 million in series B funding from returning investor Matrix Partners China and new investor Orchid Asia Group. In 2023, it reached strategic cooperation with the Hong Kong University of Science and Technology (Guangzhou).
The company's founder and CEO, Ke Song, is a member of the 13th Standing Committee of the Guangzhou Youth Federation. The company is committed to providing gaming social services for users. It has developed a mobile gaming social platform TT Voice.
Current Investors
Xinghui Auto Model Co., Ltd., MPCi, Orchid Asia Group
Primary Industry
Internet
Sub Industries
Social Networking & Communication Platform, Medical Software, Software
Website
www.52tt.com
Verticals
Mobile Apps, Social Media
Company Stage
Series B
Total Amount Raised
Subscriber access only
Guangzhou Quwan 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Angel | Completed | Beijing Lingxi Deep Intelligence Technology Co., Ltd. | - | ||||||||
| Add-on | Completed | TMG | - | ||||||||
| Series B | Completed | Guangzhou Quwan Network Technology Co.,Ltd. | - | ||||||||
| Series A | Completed | Guangzhou Quwan Network Technology Co.,Ltd. | - | ||||||||
| Angel | Completed | Guangzhou Quwan Network Technology Co.,Ltd. | - |
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