Idea International Development Limited

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Idea International Development Limited - overview

Established

2012

Location

Shenzhen, Guangdong, China

Primary Industry

Telecoms

About

Idea International Development Limited specializes in innovative online gaming solutions, focusing on interactive live dealer experiences and casino-style offerings designed for a global audience of gaming enthusiasts. Idea International Development Limited was founded in 2012 and is headquartered in Shenzhen, China. The company specializes in the online gaming sector, providing interactive gaming experiences. In September 2015, it raised USD 35 mn in a Series A funding round.


The firm has been involved in a single deal since its inception. K8凯发 offers a range of live gaming products, including live dealer games and various online betting platforms, aimed at enhancing user engagement among players in Asia, Europe, and North America. The company focuses on continually innovating its offerings to meet market demands for immersive online gaming experiences. In 2018, Idea International Development Limited reported revenue of USD 4,317,640.


50 with an EBITDA of USD -163,433. 60, reflecting its operational performance in the competitive gaming market. The company intends to utilize the USD 35 mn raised in its Series A financing in September 2015 to enhance its product offerings and expand into new geographic markets. Future product launches are planned to cater to evolving consumer preferences.


Specific targeted regions for expansion include Europe and North America, with initiatives set to roll out by 2020.


Primary Industry

Telecoms

Sub Industries

Telecoms Providers & Services

Website

www.idealte.com

Company Stage

Series A

Total Amount Raised

Subscriber access only

Idea International Development Limited - financials

Fiscal Year EndedDec 31, 2014Dec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018
Revenue (USD)95,720,576.692,559,129.9---
% Revenue Growth (YoY)-(3.3%)---
EBITDA (USD)-----
Operating Income (USD)46,906.7(83,403,601.2)---
Operating Margin0.0%(90.1%)---
% EBITDA Margin-----
NET Income (USD)(216,416.5)(82,358,475.7)---
% Net Margin(0.2%)(89.0%)---
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