About 91Waijiao
91Waijiao is a company based in Beijing (China) founded in 2013 by Zhang Dong and Gong Haiyan was acquired by 51Talk in January 2015.. 91Waijiao has raised $3.88 million across 1 funding round from investors including 51Talk. 91Waijiao operates in a competitive market with competitors including Open English, 51Talk, Tandem, Voxy and Busuu, among others.
- Headquarter Beijing, China
- Founders Zhang Dong, Gong Haiyan
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Sectors
Education
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Email
***********
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Phone
*********
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Website
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Funding Insights of 91Waijiao
91Waijiao has successfully raised a total of $3.88M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.88 million completed in July 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 1
- Last Round Series A — $3.9M
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First Round
First Round
(16 Jul 2013)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2013 | Amount | Series A - 91Waijiao | 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 |
Investors in 91Waijiao
91Waijiao has secured backing from 1 investor. Prominent investors backing the company include 51Talk. 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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One-to-one online English tutoring is provided by 51Talk.
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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 91Waijiao
| 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 - 91Waijiao
| 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 |
91Waijiao Comparisons
Competitors of 91Waijiao
91Waijiao 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 Open English, 51Talk, Tandem, Voxy and Busuu, 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 platform providing live English classes
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| domain | founded_year | HQ Location |
One-to-one online English tutoring is provided by 51Talk.
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| domain | founded_year | HQ Location |
A language learning app facilitating user-driven conversation exchanges.
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| domain | founded_year | HQ Location |
English language learning through online courses and tutoring
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| domain | founded_year | HQ Location |
Social networking for language learning is enabled via mobile platform.
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| domain | founded_year | HQ Location |
Speak is recognized as an AI-driven language learning application.
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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 91Waijiao
When was 91Waijiao founded?
91Waijiao was founded in 2013.
Where is 91Waijiao located?
91Waijiao is headquartered in Beijing, China.
Is 91Waijiao a funded company?
91Waijiao is a funded company, having raised a total of $3.88M across 1 funding round to date. The company's 1st funding round was a Series A of $3.88M, raised on Jul 16, 2013.
What does 91Waijiao do?
Founded in 2013 in Beijing, China, 91Waijiao operates as an online education platform in the language learning sector. Chinese students of all ages are linked with English instructors based in their home countries. Interactive sessions are conducted via a dashboard that includes video calls, text messaging, and slideshow tools. Acquisition by 51talk occurred in January 2015.
Who are the top competitors of 91Waijiao?
Who are 91Waijiao's investors?
91Waijiao has 1 investor. Key investors include 51Talk.
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