Shanghai Yitiao Network Technology Co., Ltd.
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Shanghai Yitiao Network Technology Co., Ltd. - overview
Established
2014
Location
Shanghai, Shanghai, China
Primary Industry
Media
About
Based in Shanghai, China and established in 2014, Shanghai Yitiao Network Technology Co. , Ltd. is a video content provider based on video websites, social networks, mobile application. In September 2018, a brick-and-mortar store of Yitiao has been established in Shanghai.
The company has over 35 million online subscribers. Some titles have been awarded to the company such as New Media of the Year from Walt Disney (China) Limited. Husheng Xu, the founder, was the editor-in-chief of Bund Illustrated. In January 2022, the firm raised USD 50 million in series C+ funding.
The company focuses on various contents such as funny entertainment, popular short films and cute videos. The company has a variety of life, trendy, literary and other types of programs, such as "Hidden Little Shop", "Tide Guest in the City", "Men's Style", "New Wave of Chinese Architecture", "Daren's Kitchen", "Beauty Talk". The company’s revenue is generated by providing life video services.
Current Investors
CMC Capital Partners, Feima, ChuangVest Ventures
Primary Industry
Media
Sub Industries
Music & Video Streaming Software, Digital Media, Telecoms
Website
www.yit.com
Verticals
E-commerce, Mobile Apps, Social Media
Company Stage
Series C
Total Amount Raised
Subscriber access only
Shanghai Yitiao 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series C | Completed | Shanghai Yitiao Network Technology Co., Ltd. | - | ||||||||
| Series C | Completed | Shanghai Yitiao Network Technology Co., Ltd. | - | ||||||||
| Series C | Completed | Shanghai Yitiao Network Technology Co., Ltd. | - | ||||||||
| Series B | Completed | Shanghai Yitiao Network Technology Co., Ltd. | - | ||||||||
| Series B | Completed | Shanghai Yitiao Network Technology Co., Ltd. | - |
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