Zuiyou Funding, Investors & Competitors

Zuiyou has raised $165M across 5 funding rounds, most recently a $80M Series C in February 2019.

Last Zuiyou funding round

$80M

Series C · Feb 2019

Cumulative funding Zuiyou raised

$165M

across 5 funding rounds

Key investors in Zuiyou

  • Qiming Venture Partners
  • GGV Capital
  • SIG China (SIG Asia Investments)
  • Puhua Capital
  • Xiaomi
  • Lightspeed China Partners
  • CMC Capital Group
  • Capital Today

Zuiyou Overview

About Zuiyou

Zuiyou is a Beijing-based social app for young adults, focusing on location-based matching, video sharing, and topic discussions. Launched in 2015, it serves over 10 million users in China with features like anonymous chats and live streams for dating and friendships.


Founded

2014

HQ

ChinaBeijing

Status

Privately held

Customer focus

B2C

Revenue model

Advertising

Zuiyou Funding History

Zuiyou has raised a total of $165M across 5 funding rounds.

Zuiyou's first fundraising round was a $3M angel round in October 2014. The most recent completed round was a $80M Series C in February 2019.

Zuiyou funding rounds

Zuiyou funding rounds
DateStageInvestorsRaisedDeal Summary
Feb 2019Series CXiaomi (lead); Qiming Venture Partners$80MZuiyou is a China-based online content recommendation platform that enables users to share and recommend curated or viral media, including photos, videos, and audio content, while allowing comments and online relationship building. Launched in June 2018, it had accumulated over 1 million registered users and more than 100,000 daily active users by early 2019, targeting post-1995 births. In an $80 million funding round closed around March 2019, Xiaomi led the investment, with participation from undisclosed existing investors; prior shareholders included SIG Asia. This followed earlier rounds: undisclosed capital from Puhua Capital in 2014, a $7 million Series A from SIG Asia and Huayan Investment in 2015, and a $53 million Series B in 2016 featuring SIG Asia, CMC Capital Group, and Jiyuan Capital (GGV Capital branch); other backers included Lightspeed Venture Partners.
Jul 2018Series CGGV Capital (lead); Qiming Venture Partners (lead)$22M-
Sep 2016Series BQiming Venture Partners (lead); Lightspeed China Partners; Youku Global Media Fund; GGV Capital; Capital Today; SIG China (SIG Asia Investments); CMC Capital Group$53M-
May 2015Series ASIG China (SIG Asia Investments) (lead)$7M-
Oct 2014AngelPuhua Capital (lead)$3M-

Who has invested in Zuiyou?

9 investors have backed Zuiyou across its funding rounds, including Qiming Venture Partners, GGV Capital, SIG China (SIG Asia Investments), Puhua Capital, Xiaomi and Lightspeed China Partners.

Lead investors include Xiaomi, GGV Capital, Qiming Venture Partners, SIG China (SIG Asia Investments) and Puhua Capital.


Zuiyou Investors

Investors in Zuiyou by funding rounds participated
InvestorHQRoundsRoleFirst check
Qiming Venture PartnersChinaShanghai3LeadSep 2016
GGV CapitalUnited StatesSan Francisco, CA2LeadSep 2016
SIG China (SIG Asia Investments)ChinaGuangzhou2LeadMay 2015
Lightspeed China PartnersChinaShanghai1ParticipantSep 2016
Puhua CapitalChinaHangzhou1LeadOct 2014
Youku Global Media FundUnited StatesSan Francisco, CA1ParticipantSep 2016
XiaomiChinaBeijing1LeadFeb 2019

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Investments by Zuiyou

Zuiyou has invested in 1 company to date.

Latest investment by Zuiyou was on August 15th 2017. Zuiyou invested in Beijing Huanju Shike Keji Co., Ltd in their $100K Seed round.


Latest Investments by Zuiyou

Beijing Huanju Shike Keji Co., Ltd
Description
Beijing Huanju Shike Keji Co., Ltd. is a Beijing-based social platform leveraging camera technology to create video-based online experiences from offline social scenes.
HQ CountryChina
HQ City
Beijing
Deal Date15 Aug 2017
RoundSeed
Raised$100K
Investors-
Valuationundisclosed
EV/Revenue
EV/EBITDA

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Zuiyou Competitors

Zuiyou competitors include listed companies like Reddit, LY Corporation, Kakao and Doximity, and private ones like ShareChat and Flipboard.

Public and private companies comparable to Zuiyou
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
RedditUnited StatesUnited StatesPublicly listed$2.2B$545M$29B8.7x
LY CorporationJapanJapanPublicly listed$13B$3B$24B2.6x
KakaoSouth KoreaSouth KoreaPublicly listed$5.9B$1.1B$11B0.9x
ShareChatIndiaBangalorePrivate$77M-$5B64.9x
DoximityUnited StatesUnited StatesPublicly listed$645M$229M$4.7B6.2x
FlipboardUnited StatesSan Francisco, CAPrivate$34M-$800M23.5x

Zuiyou Public Comps

Zuiyou is still privately-owned, but its public comps include Meta, Tencent, East Money, Reddit, LY Corporation, NAVER, News Corp, Kuaishou, New York Times and Kakao.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Meta$201B$104B8.8x7.4x17.0x12.7x
Tencent$112B$51B4.5x4.2x9.9x9.9x
East Money$2.4B$2.1B5.1x4.3x5.7x4.8x
Reddit$2.2B$545M12.1x8.7x48.9x20.1x
LY Corporation$13B$3B2.8x2.6x11.9x10.3x
NAVER$8.8B$2.2B2.3x2.1x9.0x9.3x
News Corp$9B$1.5B2.0x2.0x12.2x10.9x
Kuaishou$21B$4.1B0.7x0.7x3.4x4.5x

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Common questions about Zuiyou

When was Zuiyou founded?Zuiyou was founded in 2014.
Where is Zuiyou headquartered?Zuiyou is headquartered in Beijing, China.
Is Zuiyou publicly listed?No, Zuiyou is a private, VC-backed company.
How much funding has Zuiyou raised?Zuiyou has raised $165M across 5 funding rounds.
What was Zuiyou's last funding round?Zuiyou's last funding round was a $80M Series C in February 2019, led by Xiaomi.
Who are Zuiyou's investors?Zuiyou's investors include Qiming Venture Partners, GGV Capital, SIG China (SIG Asia Investments), Lightspeed China Partners, Puhua Capital, Youku Global Media Fund, Xiaomi, Capital Today and CMC Capital Group.
Which companies are comparable to Zuiyou?Companies comparable to Zuiyou include Reddit, LY Corporation, Kakao, ShareChat, Doximity and Flipboard.
How many companies has Zuiyou invested in?Zuiyou has invested in 1 company, including Beijing Huanju Shike Keji Co., Ltd.
What was Zuiyou's last investment?In August 2017, Zuiyou invested in Beijing Huanju Shike Keji Co., Ltd's $100K seed round.

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