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- Pear Video
Pear Video Valuation, Funding & Investors
Pear Video is valued at $435M as of April 2018.
About Pear Video
Pear Video is a Shanghai-based short-video platform founded in 2016 by media veteran Qiu Bing, producing informational video content on business, society, science and technology, entertainment, and daily life for Chinese audiences. Operated by Beijing Weiran Network Technology, the platform built a network of more than 30,000 video creators and drew over 1 billion daily clicks at its peak. It originally launched with short news clips before shifting to general-interest 'informative video clips' after regulatory scrutiny over its lack of a news-dissemination license.
Founded
2016
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Advertising, Subscription
Valuation
$435M (Apr 2018)
Pear Video Valuation
Pear Video is currently valued at $435M, based on its Series A in April 2018.
The $98M round was led by Tencent, with participation from Baidu.
Pear Video valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Apr 2018 | Series A | $435M |
Pear Video Funding History
Pear Video has raised a total of $123M across 2 funding rounds.
Pear Video's first fundraising round was a $25M seed round in November 2017. The most recent completed round was a $98M Series A in April 2018.
Pear Video funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Apr 2018 | Series A | Tencent (lead); Baidu | $98M | $435M | Pear Video, a Shanghai-based short-video platform founded in 2016 by media veteran Qiu Bing (former CEO of The Paper), secured 616 million yuan ($98.1 million) in Series A funding led by Tencent with participation from Baidu. The cash infusion valued the company at around 3 billion yuan, enabling content supply to these investors amid China's booming online media market driven by mobile news and entertainment consumption. Prior to this round, Pear raised 167 million yuan from People.cn in November 2017 and seed funding from China Media Capital. The funding supports Pear Video's expansion of its video blogger network from over 30,000 creators and 1 billion daily clicks to a target of 100,000 bloggers and 2 billion daily views, alongside technology enhancements. Originally launched with short news clips—including a U.S. election livestream that drew 850 million views—Pear shifted to 'informative video clips' on lifestyle, social issues, finance, technology, and entertainment after regulatory scrutiny over lacking a news dissemination license just three months post-launch in November 2016. This investment reflects strategic bets by Tencent and Baidu on compliant, high-quality short-video content amid China's crackdown on vulgar online material affecting competitors like Kuaishou, Huoshan, Douyin, and Jinri Toutiao. The platform positions itself for growth in user-generated informative videos, leveraging backers' ecosystems for distribution. |
| Nov 2017 | Seed | - | $25M | - | Pear Video, operated by Beijing Weiran Network Technology Co. and founded by The Paper Chief Executive Qiu Bing, is China's largest informational short video platform covering business, society, science and technology, entertainment, and daily life. It produces video content and accumulates more than 500 million video plays a day online. The platform was released in November 2016 and previously received backing from China Media Capital. On November 17, 2017, Pear Video raised USD25.3 million in a series pre-A financing round led by People.cn Co. (SHA:603000), as reported by Zero2IPO Group. Pear Video and People.cn are discussing additional collaborations. |
Who has invested in Pear Video?
2 investors have backed Pear Video across its funding rounds, including Tencent and Baidu.
Lead investors include Tencent.
Pear Video Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 2 Pear Video investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialPear Video Competitors
Pear Video competitors include listed companies like Vista Group and Hengxin Shambala Culture, and private ones like Semafor, Brut, HeyGen and Pixellot.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $40M | $2M | $330M | 8.3x | ||
| Private | - | - | $261M | - | ||
| Publicly listed | $94M | $5M | $381M | 3.8x | ||
| Private | $35M | - | $500M | 14.3x | ||
| Private | $50M | - | $500M | 10.0x | ||
| Publicly listed | $58M | ($44M) | $307M | - |
Pear Video Public Comps
Pear Video is still privately-owned, but its public comps include EVS Broadcast Equipment, Wirtualna Polska, Sichuan Newsnet Media, Vista Group, Value Line, m-up holdings, Sohu, Future plc, Cairo Communication and Weathernews.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $240M | $66M | 1.6x | 1.4x | 5.7x | 5.6x | |||
| $585M | $102M | 1.4x | 1.3x | 8.1x | 5.6x | |||
| $46M | $14M | 7.0x | - | 22.5x | - | |||
| $94M | $5M | 4.2x | 3.8x | 85.8x | 20.8x | |||
| $33M | $29M | 8.5x | - | 10.0x | - | |||
| $204M | $33M | 1.3x | 1.3x | 8.3x | - | |||
| $584M | ($54M) | - | - | - | - | |||
| $993M | $254M | 0.8x | 0.9x | 3.2x | 3.4x | |||
This data is available for Pro users. Sign up to see all Pear Video competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Pear Video
| When was Pear Video founded? | Pear Video was founded in 2016. |
| Where is Pear Video headquartered? | Pear Video is headquartered in Chaoyang, China. |
| Is Pear Video publicly listed? | No, Pear Video is a private, VC-backed company. |
| What is Pear Video's valuation? | Pear Video was last valued at $435M in its Series A in April 2018. |
| How much funding has Pear Video raised? | Pear Video has raised $123M across 2 funding rounds. |
| What was Pear Video's last funding round? | Pear Video's last funding round was a $98M Series A in April 2018, led by Tencent. |
| Who are Pear Video's investors? | Pear Video's investors include Tencent and Baidu. |
| Which companies are comparable to Pear Video? | Companies comparable to Pear Video include Semafor, Brut, Vista Group, HeyGen, Pixellot and Hengxin Shambala Culture. |
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