Dotc United Group Revenue, Valuation, Funding & Investors

Dotc United Group is valued at $1.1B as of July 2017, a 3.5x multiple on its last reported $323M revenue.

Last Dotc United Group valuation

$1.1B

Series B · Jul 2017

Last Dotc United Group funding round

$350M

Series B · Jul 2017

Dotc United Group revenue

$323M

Series B · Jul 2017

Key investors in Dotc United Group

  • Gaorong Capital
  • 5Y Capital
  • Morningside
  • BAI capital
  • Lightspeed China Partners
  • Chengwei Capital

Dotc United Group Overview

About Dotc United Group

Dotc United Group is a Singapore-headquartered internet platform builder connecting Asian markets. The group develops cross-border e-commerce sites and payment gateways for Vietnam and Indonesia users since 2010.


Founded

2009

HQ

ChinaShanghai

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Revenue

$323M (Jul 2017)

Valuation

$1.1B (Jul 2017)

Dotc United Group Valuation

Dotc United Group is currently valued at $1.1B, based on its Series B in July 2017.

The $350M round was led by Zeus Entertainment.

Dotc United Group valuation by funding round

Dotc United Group valuation by funding round
DateStageValuationRevenue Multiple
Jul 2017Series B$1.1B3.5x

Dotc United Group Revenue

Dotc United Group's latest recorded revenue is $323M, as of its Series B in July 2017. At a $1.1B valuation, that implies a 3.5x revenue multiple.

Dotc United Group revenue by funding round

Dotc United Group revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Jul 2017$323M$1.1B3.5xSeries B

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

Dotc United Group Funding History

Dotc United Group has raised a total of $395M across 2 funding rounds.

Dotc United Group's first fundraising round was a $45M Series A in July 2016. The most recent completed round was a $350M Series B in July 2017.

Dotc United Group funding rounds

Dotc United Group funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jul 2017Series BZeus Entertainment (lead)$350M$1.1BDotC United Group, a Shanghai-based company focused on programmatic advertising and global application development and operation, announced a Series B funding round in June/July 2017 led by Zeus Entertainment. The $350 million round involved Zeus Entertainment selling its 100% stake in Avazu Inc. to DotC United Group for RMB2.215 billion, converting Avazu into a wholly owned subsidiary and making Zeus the second largest shareholder with 30.58% ownership post-transaction. This deal marked a strategic expansion for DotC, building on its prior Series A round of RMB300 million (~$48M) in July 2016 led by investors including Banyan Capital, Chengwei Capital, Morningside Venture Capital, Bertelsmann Asia Investments, and Lightspeed. By March 2017, DotC United Group's operational applications had reached 450 million users worldwide, highlighting strong user growth ahead of the Series B. The company emphasized rapid commercialization and monetization, with plans to expand internationally in the coming years. Total funding across rounds reached approximately $395M, positioning DotC as a significant player in mobile apps and ad tech.
Jul 2016Series ALightspeed China Partners; Gaorong Capital; Chengwei Capital; 5Y Capital; Morningside; BAI capital$45M--

Who has invested in Dotc United Group?

7 investors have backed Dotc United Group across its funding rounds, including Gaorong Capital, 5Y Capital, Morningside, BAI capital, Lightspeed China Partners and Chengwei Capital.

Lead investors include Zeus Entertainment.


Dotc United Group Investors

Investors in Dotc United Group by funding rounds participated
InvestorHQRoundsRoleFirst check
Lightspeed China PartnersChinaShanghai1ParticipantJul 2016
Gaorong CapitalChinaBeijing1ParticipantJul 2016
Chengwei CapitalChinaShanghai1ParticipantJul 2016
5Y CapitalChinaChina1ParticipantJul 2016
Zeus EntertainmentChinaBeijing1LeadJul 2017

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Acquisitions by Dotc United Group

Dotc United Group has acquired 1 company to date.

Last acquisition by Dotc United Group was on July 28th 2017. Dotc United Group acquired Avazu for $324M.


Latest Acquisitions by Dotc United Group

Avazu
Description
Avazu is a Shanghai-headquartered digital marketing firm founded in 2009 with origins in Germany, focusing on PC and mobile advertising. The company delivers demand-side platform services reaching over 100 billion ad impressions monthly across 130 countries, covering 85 percent of global internet users. Avazu maintains branches in Beijing, Tokyo, Amsterdam, Brunei, and Hong Kong, specializing in overseas promotion for Chinese enterprises.
HQ CountryChina
HQ City
Shanghai
Deal Date28 Jul 2017
Valuation$324M
EV/Revenue
EV/EBITDA

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Investments by Dotc United Group

Dotc United Group has invested in 1 company to date.

Latest investment by Dotc United Group was on May 22nd 2018. Dotc United Group invested in NewsDog in their $50M Series C round.


Latest Investments by Dotc United Group

NewsDog
Description
NewsDog is a news and entertainment aggregator featuring user-submitted stories via its WeMedia platform. Boasting over 30,000 regular contributors, it competes with Dailyhunt, Inshorts, and NewsPoint in India. The mobile-first service curates content at mp.newsdog.today, emphasizing viral and localized feeds.
HQ CountryChina
HQ City
Beijing
Deal Date22 May 2018
RoundSeries C
Raised$50M
InvestorsTencent; DHVC; Legend Capital; Yuan Zhen Capital
Valuationundisclosed
EV/Revenue
EV/EBITDA

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Dotc United Group Competitors

Dotc United Group competitors include listed companies like Odine and Beijing Topnew Info, and private ones like CloudBees, UnionTech, Imply and Obsidian Security.

Public and private companies comparable to Dotc United Group
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
CloudBeesUnited StatesSan Jose, CAPrivate$150M-$1.1B7.7x
UnionTechChinaBeijingPrivate--$1.2B-
OdineTurkeyTurkeyPublicly listed$39M$3M$1.2B-
Beijing Topnew InfoChinaChinaPublicly listed$39M($4M)$1.2B-
ImplyUnited StatesSan Francisco, CAPrivate--$1.1B-
Obsidian SecurityUnited StatesLos Angeles, CAPrivate--$1.1B-

Dotc United Group Public Comps

Dotc United Group is still privately-owned, but its public comps include Odine, Beijing Topnew Info, Systena, Rackspace, cyber_Folks, E2E Networks, Richinfo Technology, Boost Run, SAKURA Internet and Net263.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Odine$39M$3M29.9x-339.8x-
Beijing Topnew Info$39M($4M)29.7x-(325.1x)-
Systena$607M$107M1.4x1.4x7.9x-
Rackspace$2.7B$244M1.5x1.6x17.1x15.0x
cyber_Folks$226M$72M5.1x4.3x16.1x13.0x
E2E Networks$26M$14M49.8x24.8x91.6x36.2x
Richinfo Technology$273M$51M4.3x4.6x22.8x18.3x
Boost Run$27M($4M)58.1x11.8x(419.7x)25.1x

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Common questions about Dotc United Group

When was Dotc United Group founded?Dotc United Group was founded in 2009.
Where is Dotc United Group headquartered?Dotc United Group is headquartered in Shanghai, China.
Is Dotc United Group publicly listed?No, Dotc United Group is a private, VC-backed company.
What is Dotc United Group's valuation?Dotc United Group was last valued at $1.1B in its Series B in July 2017.
How much funding has Dotc United Group raised?Dotc United Group has raised $395M across 2 funding rounds.
What was Dotc United Group's last funding round?Dotc United Group's last funding round was a $350M Series B in July 2017, led by Zeus Entertainment.
Who are Dotc United Group's investors?Dotc United Group's investors include Lightspeed China Partners, Gaorong Capital, Chengwei Capital, 5Y Capital, Zeus Entertainment, Morningside and BAI capital.
What is Dotc United Group's revenue?Dotc United Group's latest recorded revenue is $323M (July 2017).
What is Dotc United Group's revenue multiple?Dotc United Group's latest valuation implies a 3.5x revenue multiple ($1.1B valuation on $323M of revenue).
Which companies are comparable to Dotc United Group?Companies comparable to Dotc United Group include CloudBees, UnionTech, Odine, Beijing Topnew Info, Imply and Obsidian Security.
How many companies has Dotc United Group acquired?Dotc United Group has acquired 1 company, including Avazu.
What was the largest acquisition by Dotc United Group?The $324M acquisition of Avazu in July 2017 is the largest acquisition Dotc United Group has made to date.
How many companies has Dotc United Group invested in?Dotc United Group has invested in 1 company, including NewsDog.
What was Dotc United Group's last investment?In May 2018, Dotc United Group invested in NewsDog's $50M Series C alongside Tencent, DHVC, Legend Capital and 1 other investor.

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