About 24quan
24quan is a company based in Beijing (China) founded in 2009.. 24quan has raised $46.16 million across 5 funding rounds. 24quan operates in a competitive market with competitors including Meituan, Dianping, Pinduoduo, Lashou and Nuomi, among others.
- Headquarter Beijing, China
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Phone
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Website
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$46.16 M (USD)
in 5 rounds
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Latest Funding Round
$7 M (USD), Series C
Apr 01, 2012
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Investors
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Employee Count
Employee Count
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Funding Insights of 24quan
24quan has successfully raised a total of $46.16M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $7 million completed in April 2012. 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 5
- Last Round Series C — $7.0M
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First Round
First Round
(24 Oct 2009)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2012 | Amount | Series C - 24quan | Valuation |
investors |
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| Dec, 2011 | Amount | Series B - 24quan | Valuation |
investors |
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| Jul, 2011 | Amount | Series B - 24quan | Valuation |
investors |
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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 |
Investments & Acquisitions by 24quan
| 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 - 24quan
| 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 |
24Quan Comparisons
Competitors of 24quan
24quan 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 Meituan, Dianping, Pinduoduo, Lashou and Nuomi, 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 |
Online group-buying platform offering coupons for multi-category products and services
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| domain | founded_year | HQ Location |
Group buying discount deals are facilitated across multiple categories.
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| domain | founded_year | HQ Location |
Online group buying platform offering multi-category products
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| domain | founded_year | HQ Location |
Location based daily-deals & group buying portal
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| domain | founded_year | HQ Location |
Local services deals are offered via group buying in China.
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| domain | founded_year | HQ Location |
Operates an online marketplace for group-buying deals on multi-category products and services.
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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 24quan
When was 24quan founded?
24quan was founded in 2009.
Where is 24quan located?
24quan is headquartered in Beijing, China.
Is 24quan a funded company?
24quan is a funded company, having raised a total of $46.16M across 5 funding rounds to date. The company's 1st funding round was a Series B of $24M, raised on Oct 24, 2009.
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