About 19Lou
19Lou is a company based in Hangzhou (China) founded in 2006 by Lin Yu.. 19Lou has raised $12.6 million across 2 funding rounds from investors including Ceyuan Ventures and NewMargin Ventures. 19Lou operates in a competitive market with competitors including Thumbtack, Yelp, Justdial, Daojia Group and PagesJaunes, among others.
- Headquarter Hangzhou, China
- Founders Lin Yu
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Sectors
Business Services
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.6 M (USD)
in 2 rounds
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Latest Funding Round
$9.68 M (USD), Series A
May 15, 2013
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Investors
Ceyuan Ventures
& 1 more
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Employee Count
Employee Count
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Funding Insights of 19Lou
19Lou has successfully raised a total of $12.6M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $9.68 million completed in May 2013. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $9.7M
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First Round
First Round
(05 Sep 2008)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2013 | Amount | Series A - 19Lou | Valuation | NewMargin Ventures |
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| Sep, 2008 | Amount | Seed - 19Lou | Valuation | Ceyuan Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 19Lou
19Lou has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Ceyuan Ventures and NewMargin Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage tech investments in China are managed by Ceyuan Ventures.
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Founded Year | Domain | Location | |
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Early and growth Stage VC firm investing in China
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 19Lou
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - 19Lou
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
19Lou Comparisons
Competitors of 19Lou
19Lou operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Thumbtack, Yelp, Justdial, Daojia Group and PagesJaunes, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
App based platform to connect users with local service professionals
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| domain | founded_year | HQ Location |
Platform for discovering and sharing local businesses
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| domain | founded_year | HQ Location |
Local service providers are listed online across multiple categories.
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| domain | founded_year | HQ Location |
Online platform that provides multiple local services
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| domain | founded_year | HQ Location |
Online directory of local businesses
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| domain | founded_year | HQ Location |
On-demand local services are booked via an online marketplace.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 19Lou
When was 19Lou founded?
19Lou was founded in 2006 and raised its 1st funding round 2 years after it was founded.
Where is 19Lou located?
19Lou is headquartered in Hangzhou, China. It is registered at Hangzhou, Zhejiang, China.
Who is the current CEO of 19Lou?
Lin Yu is the current CEO of 19Lou. They have also founded this company.
Is 19Lou a funded company?
19Lou is a funded company, having raised a total of $12.6M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.92M, raised on Sep 05, 2008.
What does 19Lou do?
Founded in 2006 by several local newspaper reporters in Hangzhou and only serving Hangzhou citizens then, 19Lou now covers twenty cities in Zhejiang province and a dozen outside it, including first-tier cities such as Shanghai, Chongqing and Wuhan. A total of more than 30 million users are on all those sites. 19Lou charges local businesses for setting up a mini-site there and other forms of campaigns. Its revenue sources also include online advertising and offline activities such as small trade shows. It doesnt charge users for any services provided. Huatan is a sub-channel crowdsourcing local news. Citizens are allowed to submit news entries and they can subscribe to topics with entries contributed by others.
Who are 19Lou's investors?
19Lou has 2 investors. Key investors include Ceyuan Ventures, and NewMargin Ventures.