Fandom Valuation, Funding & Investors

Zhihu Inc is predominantly engaged in the operation of one online content community and monetizes through paid membership services, advertising services, content-commerce solutions services, and vocational training in China. It generates revenues from Advertising services, Paid membership services, Content-commerce solutions, and Others. It derives all its revenues within China.

Sohu.com Ltd provides online media, games, and search products and services on PCs and mobile devices in China. The company operates in Sohu and Changyou segments. Sohu is an online media content and services provider. Through its social features, Sohu also enables users to generate and distribute content, as well as interact with each other on a platform. Changyou is an online game developer and operator. It generates maximum revenue from the Changyou segment.

Medium is a San Francisco-headquartered online publishing platform launched in 2012 where users share articles on diverse topics. The service curates personalized feeds based on followed writers and publications, incorporating features like audio narration and paywalled content via Medium Partner Program. Medium hosts millions of monthly readers engaging through claps, highlights, and responses across technology, culture, and science verticals.

Flipboard is a Palo Alto-headquartered social news aggregator curating personalized magazines from RSS feeds, websites, and social media. Founded in 2010, it reaches over 100 million monthly users across iOS, Android, and web platforms. Users follow topics like technology and sports, compiling feeds shared via Flipboard communities. The platform partners with publishers including The New York Times and BBC, distributing millions of articles daily.

So-Young International Inc is an online destination for discovering, evaluating, and reserving medical aesthetic services in China. Its business model comprises four integrated components: professional content and its distribution through social media networks and its targeted media platforms in China, a social community characterized by signature user-generated content, Online reservation services for a medical aesthetic treatment, and the research, development, production, sales and agency of laser and other optoelectronic medical beauty equipment. It generates revenue from information services fees and reservation services fees from medical aesthetic service providers.

Dear U Co Ltd is a software development company. Its softwares include Lysn, Bubble and Everysing.

Blued is a Beijing-headquartered social app for gay men launched in 2012 that serves 60 million registered users across 190 countries with live streaming, group chats, and event planning features. The platform, operated by Blue City Holdings, facilitates video calls, health resource sharing, and LGBTQ+ community forums in 10 languages. Blued partners with health organizations like UNAIDS for HIV testing campaigns reaching 1 million users annually. Its parent company listed on NASDAQ in 2020 before delisting, with revenue exceeding $200 million from virtual gifts and ads.

Remedy Entertainment PLC is a gaming company developing narrative and visually impressive console and computer games, published by partners such as Rockstar Games and Smile Gate, Sony and Microsoft. The company's games have been made into books, comics, concerts, Tv-series, and a Hollywood movie. It published games such as Death Rally, Max Payne, and others. It has a Games Market segment that includes Mobile, Console, and PC.

Frontier Developments PLC is a United Kingdom-based company that develops and publishes video games for personal computers and consoles. The company is known for titles such as the Elite series, Planet Coaster, Planet Zoo, and Jurassic World Evolution. It operates through game development and publishing, using in-house technology to create and distribute interactive entertainment software. Frontier Developments has one operating segment, being revenue from publishing games and revenue from other streams such as royalties and licensing. The majority of revenue is generated from Publishing revenue.

Boyaa Interactive International Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the development and operation of online card and board games, and is committed to promoting and developing Web3 game-related business. The group's reportable segments are the Online game related business and the Web3 related business. A majority of its revenue is generated from the Online game related business segment, which is engaged in mobile and computer games development, operations, and related advisory services. The Web3 related business segment is engaged in crypto-currencies related investments. Geographically, the group's operations are substantially located in the PRC (including Hong Kong).

Grupo Clarin SA is a holding company that operates in the Media industry in Argentina. Its operations include newspaper and other printing, publishing, and advertising activities, broadcast television, radio operations, television content production, online and new media services, and other media-related activities. Its business segments include Printing and Publishing, Broadcasting and Programming, and Others. Print and Digital Publications segments include national and regional newspapers, a sports daily, magazine publishing, editing and distribution, and commercial printing.