55 Mobile Games Network

China Founded: 2004 • Age: 22 yrs Acquired By CNET
Community-based platforms for shopping, food, travel, and lifestyle are provided.
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About 55 Mobile Games Network

55 Mobile Games Network is a company based in China founded in 2004 was acquired by CNET in June 2008.. 55 Mobile Games Network operates in a competitive market with competitors including YUNJI, Itugo, Flower Birthday Network, Chengdu Momo Collection Technology and Viss, among others.

  • Headquarter China
  • Sectors
    Retail
  • Phone
    *********
  • Website
    *********
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    CNET

    (Jun 17, 2008)

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Funding Insights of 55 Mobile Games Network

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in 55 Mobile Games Network

55 Mobile Games Network has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include CNET. 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.

All
Institutional
Investor Description Founded Year Domain Location
Tech product reviews, news, and software downloads are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by 55 Mobile Games Network

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - 55 Mobile Games Network

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

55 Mobile Games Network Comparisons

Employees
+
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Competitors of 55 Mobile Games Network

55 Mobile Games Network 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 YUNJI, Itugo, Flower Birthday Network, Chengdu Momo Collection Technology and Viss, 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
Multi-category products are retailed online by YUNJI.
domain founded_year HQ Location
An online social shopping platform focused on fashion products and community engagement.
domain founded_year HQ Location
App-based online community marketplace for multi-category products & services
domain founded_year HQ Location
Multi-category products are facilitated by an online community-based shopping platform.
domain founded_year HQ Location
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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.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on 55 Mobile Games Network

Frequently Asked Questions about 55 Mobile Games Network

When was 55 Mobile Games Network founded?

55 Mobile Games Network was founded in 2004.

Where is 55 Mobile Games Network located?

55 Mobile Games Network is headquartered in China.

What does 55 Mobile Games Network do?

Established in 2004 in China, 55 Mobile Games Network functions as a provider of community-driven online platforms. Operations focus on sectors including shopping, food services, travel arrangements, and lifestyle options, with additional categories supported. User engagement is enabled across these areas via the domain 55bbs.com, serving as a hub for interactive community experiences in e-commerce and related fields.

Who are the top competitors of 55 Mobile Games Network?

55 Mobile Games Network's top competitors include YUNJI, Flower Birthday Network and Chengdu Momo Collection Technology.

Who are 55 Mobile Games Network's investors?

55 Mobile Games Network has 1 investor. Key investors include CNET.

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