Haitunjia

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Haitunjia - overview

Established

2015

Location

-, Xinjiang, China

Primary Industry

Consumer Products

About

Haitunjia is an online platform dedicated to the wellness and leisure sector, specifically designed for men, offering a variety of spa services aimed at promoting relaxation and health. Founded in 2015 in China, Haitunjia operates as a digital marketplace for men's wellness services. The company has raised a total of USD 100. 00 mn over multiple funding rounds, with its most recent being a Series C round that occurred on June 12, 2019.


Haitunjia has engaged in 4 notable deals since its inception. Haitunjia operates a prominent online platform focused on the wellness and leisure industry, specifically catering to the male demographic through a range of spa services. Their core offerings include health and wellness treatments, massage services, and upscale relaxation environments designed to promote physical and mental well-being. The platform serves as a comprehensive forum for users to engage in discussions and share experiences regarding various local wellness establishments.


The primary customer base consists of individuals seeking relaxation and rejuvenation services within urban areas, particularly in major cities across China. Services are tailored to meet the needs of discerning clients who prioritize quality and professionalism in their wellness experiences. Haitunjia generates revenue through direct consumer transactions, where clients access spa services and wellness treatments promoted on its platform. The business model involves a commission-based structure, where the company receives a percentage of the service fees from affiliated spa and wellness centers.


Clients typically engage with the platform to book appointments for specific services, such as massages and relaxation therapies, which may be offered at different price points based on service type and duration. The platform may also feature exclusive partnerships with select high-end establishments, allowing for unique promotional packages or loyalty programs designed to enhance customer retention and satisfaction. With the recent funding raised in June 2019, Haitunjia aims to enhance its platform by introducing new wellness service offerings tailored for its male clientele. The company is also exploring expansion into additional urban markets within China to cater to a broader audience by the end of 2023.


The strategic allocation of the USD 100. 00 mn raised will support these initiatives and the development of exclusive partnerships with premium wellness centers.


Current Investors

DCM, DST Global, Ceyuan Ventures

Primary Industry

Consumer Products

Sub Industries

Accessories, Beauty & Hygiene, Household Appliances

Website

www.haitunjia8.com/

Verticals

E-commerce

Company Stage

Series C

Total Amount Raised

Subscriber access only

Haitunjia - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Series CCompletedHaitunjia-
Series BCompletedHaitunjia-
Series ACompletedHaitunjia-
AngelCompletedHaitunjia-

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