Myshare
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Myshare - overview
Established
2017
Location
Beijing, -, China
Primary Industry
Software
About
Myshare is a digital solutions provider focused on enhancing online presence for small to medium-sized businesses through innovative tools for website building, domain registration, and hosting services. Founded in 2017 and headquartered in Beijing, China, Myshare specializes in digital solutions aimed at small and medium enterprises. The company raised ANGEL funding in May 2018 led by AV Capital and Node Capital, marking its first significant deal. Myshare's primary offerings focus on delivering innovative digital solutions tailored for small to medium-sized businesses seeking to enhance their online presence.
Their core product suite includes website building tools, domain registration services, and a comprehensive suite of hosting solutions designed to facilitate seamless digital operations. These products empower clients by providing user-friendly interfaces and customizable templates, which enhance the effectiveness of their online platforms. The end users of these services range from local entrepreneurs to established enterprises across various industries, primarily in North America and Europe. The company has positioned itself as a key player in these markets by emphasizing customer-centric solutions that cater to specific business needs.
The company's revenue model is structured around subscription-based services, which allows clients to access a range of products on a recurring basis. Transactions typically occur directly between the firm and its clients, with customers subscribing to various service tiers that include options for domain registration, website hosting, and additional digital marketing services. For instance, clients might choose a basic plan for minimal online presence or opt for comprehensive packages that include advanced features such as e-commerce capabilities or enhanced security measures. Their flagship offerings, which are critical to their revenue streams, generate consistent income as businesses increasingly rely on digital solutions to thrive in competitive environments.
This transactional structure supports a stable revenue flow, reflecting the growing demand for essential online services across their target geographical markets. Following the ANGEL funding raised in May 2018, Myshare plans to enhance its product offerings by launching new website building features aimed at improving user experience by the end of 2023. The company is also targeting expansion into the Asian market, particularly Japan and South Korea, with plans to establish operations by mid-2024. The newly secured funding will be utilized to support the development of these new features and the expansion into these markets.
Current Investors
Albatross Venture, Node Capital
Primary Industry
Software
Sub Industries
Storage Management Software
Website
www.myshare.io
Verticals
IoT (Internet of Things)
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only

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