About 9GAG
9GAG is a company based in Hong Kong (China) founded in 2008 by Ray Chan, Marco Fung, Chris Chan, and Brian Yu.. 9GAG has raised $3.92 million across 4 funding rounds from investors including 500 Global, Y Combinator and Freestyle VC. 9GAG has completed 1 acquisition, including Howkingtech. 9GAG operates in a competitive market with competitors including Meitu, ShareChat, Instagram, IndiGG and MIXI, among others.
- Headquarter Hong Kong, China
- Founders Ray Chan, Marco Fung, Chris Chan, Brian Yu
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Sectors
Media & Entertainment
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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
$3.92 M (USD)
in 4 rounds
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Latest Funding Round
$1 M (USD), Seed
May 05, 2015
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Investors
500 Global
& 7 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Funding Insights of 9GAG
9GAG has successfully raised a total of $3.92M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in May 2015. 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 4
- Last Round Seed — $1.0M
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2015 | Amount | Seed - 9GAG | Valuation | 500 Global |
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| Aug, 2012 | Amount | Seed - 9GAG | Valuation | Y Combinator |
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| Jul, 2012 | Amount | Seed - 9GAG | Valuation | Freestyle , True Ventures |
| 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 9GAG
9GAG has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include 500 Global, Y Combinator and Freestyle VC. 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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Venture capital and acceleration are provided to tech startups.
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Founded Year | Domain | Location | |
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Freestyle VC is engaged in seed funding for tech startups.
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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 9GAG
9GAG has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Howkingtech. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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International technology holding is managed by Howkingtech since 2010.
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - 9GAG
| 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 |
9Gag Comparisons
Competitors of 9GAG
9GAG 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 Meitu, ShareChat, Instagram, IndiGG and MIXI, 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 |
Photo editing and sharing apps are developed by Meitu.
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| domain | founded_year | HQ Location |
Media content is shared on an app-based social network platform.
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| domain | founded_year | HQ Location |
Social platform for photo and video sharing
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| domain | founded_year | HQ Location |
Online community-based gaming platform
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| domain | founded_year | HQ Location |
Mobile games and social platforms are developed and published.
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| domain | founded_year | HQ Location |
Photos are shared, discovered, and sold on a community platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on 9Gag
Frequently Asked Questions about 9GAG
When was 9GAG founded?
9GAG was founded in 2008 and raised its 1st funding round 3 years after it was founded.
Where is 9GAG located?
9GAG is headquartered in Hong Kong, China.
Who is the current CEO of 9GAG?
Ray Chan is the current CEO of 9GAG. They have also founded this company.
Is 9GAG a funded company?
9GAG is a funded company, having raised a total of $3.92M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2.8M, raised on Jun 09, 2011.
What does 9GAG do?
A humor-focused social media platform was founded in 2008 in Hong Kong, China. Images and videos, commonly known as memes, are uploaded and shared by users, who also upvote, downvote, and comment on content to gauge popularity. The service is accessible through apps on Android, iOS, and Windows devices. Revenue is primarily generated from advertising.
How many acquisitions has 9GAG made?
9GAG has made 1 acquisition, including Howkingtech.
Who are 9GAG's investors?
9GAG has 8 investors. Key investors include 500 Global, Y Combinator, Freestyle VC, True Ventures, and First Round Capital.
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