About Damai
Damai is a Media & Entertainment company based in Beijing (China) founded in 2004, and was acquired by Alibaba Group in March 2017. It operates as an online event ticketing platform. Damai has raised $18.2 million across 2 funding rounds from investors including Alibaba Group, SIG China and Legend Capital. Its chief executive is Zhang Yu. Its website damai.cn draws about 380 thousand monthly visits. The company was acqui-hired. Its focus areas include Online Event Ticketing, Multicategory and Marketplace. Its competitors include Eventbrite, Ticket Master, Gewara, Wesai and 247Tickets and 4 more; 4 of its 9 listed competitors have raised funding.
Company details
Damai was founded in 2004 in Beijing, China, as an online platform in the event ticketing sector. Event listings for drama, classical performances, sports, and films are provided, spanning 11 cities. Users are enabled to search events by date and book tickets through the damai.cn website. Operations focus on facilitating access to diverse cultural and entertainment activities in the region.
- Headquarters Beijing, China
- Stage Acquired
- SectorsMedia & Entertainment
- Website damai.cn
- Social LinkedIn
- Acquired by Alibaba Group (Mar 2017)
- Total Equity Funding$18.2M (USD)
in 2 rounds
- Latest Funding Round$14.6M (USD), Series B
Mar 2010
- InvestorsAlibaba Group
& 2 more
- Acquired byAlibaba Group
(Mar 2017)
Funding Insights of Damai
Damai has successfully raised a total of $18.2M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $14.6 million completed in March 2010. 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 $18.2M
- Total Rounds 2
- Last Round Series B — $14.6M
- First Round $3.6M
(Jun 2004)
- Investors Count 2
All 2 funding rounds of Damai with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2010 | $14.6M | Series B | – | SIG China, Legend Capital | – |
| Jun 2004 | $3.6M | Series A | – | – |
3 investors in total: 3 institutional.
Investors in Damai
Damai has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Alibaba Group, SIG China and Legend Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech companies in China are invested in by SIG China. | – | sig-china.com | Shanghai, China | |
Venture Capital firm focused on multiple sectors | – | legendcapital.com.cn | Haidian, China | |
Conglomerate group operating a portfolio of businesses | 1999 | alibabagroup.com | Hangzhou, China |
Investor details for Damai
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People of Damai
1 people are tracked at Damai (1 in leadership).
| Name | Role | Group |
|---|---|---|
Zhang Yu | CEO | Leadership |
Complete people profiles for Damai
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Timeline of Damai
4 dated milestones of Damai across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Damai is founded.
- Funding First funding round of $3.6M.
- Funding Latest funding round, Series B, of $14.6M.
- Exit Acquired by Alibaba Group.
Competitors of Damai
Damai has 9 listed competitors in our database, 4 of them funded. They include Eventbrite, Ticket Master, Gewara, Wesai and 247Tickets, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| eventbrite.com | 2006 | San Francisco, United States | $349.25M | 352 | Platform for discovering and purchasing tickets for events | |
| ticketmaster.com | 1976 | Los Angeles, United States | – | 709 | Events discovery and ticket booking platform | |
| gewara.com | 2007 | Shanghai, China | $52.49M | – | Online event ticketing services for concerts and sports are provided. | |
| wesai.com | 2015 | Beijing, China | $40.63M | – | Functions as an event ticketing platform specialized in sports events. | |
| 247tickets.com | 2014 | Shanghai, China | – | – | Online ticketing platform for events, experiences, and trips | |
| smartshanghai.com | 2003 | Shanghai, China | – | – | Provides an online platform for ticket booking and listings. | |
| hdb.com | 2013 | Beijing, China | – | – | Online platform for publishing and booking events and activities | |
| ticketmelon.com | 2015 | Sathon, Thailand | – | – | Operates an online ticketing platform for events. | |
| 228.com.cn | 2003 | Beijing, China | $3.67M | – | Online platform to book tickets for sports, concerts, drama and other events |
Detailed competitors of Damai
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Web traffic of Damai
The website of Damai (damai.cn) receives about 380K visits a month.
- Monthly visits380K
▼ 28.6% vs previous month
Websites whose visitors overlap most with Damai. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| 228.com.cn | 100% | – | – | View details | |
t3.com.cn | t3.com.cn | 85% | – | – | – |
chinaticket.com | chinaticket.com | 81% | – | #11,805,074 | – |
dahepiao.com | dahepiao.com | 79% | – | #313,769 | – |
ticket2010.com | ticket2010.com | 78% | – | – | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 26 similar websites and full traffic analytics for Damai
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- 26 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Online Event Ticketing Platforms
10 companies that operate in the same segment as Damai (Online Event Ticketing Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A ticketing platform for live events is offered by DICE. | 2014 | London, England, United Kingdom | USD 238.27 M | – | – | |
Tickets for live events are bought and resold online. | 2000 | San Francisco, California, United States | USD 53.41 M | USD 1.75 B | – | |
Curator and distributor of live entertainment experiences | 2014 | New York, New York, United States | USD 777.03 M | – | 5,660 | |
Event tickets are searched and booked through a digital platform. | 2009 | New York, New York, United States | USD 398 M | – | 850 | |
Online event ticketing platform offering a wide range of entertainment options, including movies, concerts, sports, and plays, enabling users to di... | 1999 | Mumbai, Maharashtra, India | – | – | – | |
Online event ticketing marketplace provider | 2005 | New York, New York, United States | USD 290.25 M | – | – | |
Platform for discovering and purchasing tickets for events | 2006 | San Francisco, California, United States | USD 349.25 M | USD 325.07 M | 907 | |
Platform offering tickets marketplace for sports, concert, and theater events | 2001 | Chicago, Illinois, United States | – | USD 570.78 M | 768 | |
Coud based event management platform | 2009 | San Diego, California, United States | USD 88.2 M | – | 58 | |
Last-minute Broadway and Off-Broadway tickets are offered via mobile platform. | 2013 | New York, New York, United States | USD 94.57 M | – | – |
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Related news about Damai
Complete news archive for Damai
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Frequently Asked Questions about Damai
Damai was founded in 2004.
Damai is headquartered in Beijing, China.
Zhang Yu is the current CEO of Damai.
Damai is a funded company, having raised a total of $18.2M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3.6M, raised on Jun 2004.
Damai was founded in 2004 in Beijing, China, as an online platform in the event ticketing sector. Event listings for drama, classical performances, sports, and films are provided, spanning 11 cities. Users are enabled to search events by date and book tickets through the damai.cn website. Operations focus on facilitating access to diverse cultural and entertainment activities in the region.
Damai's top competitors include Eventbrite, Ticket Master and Gewara.
Damai has 3 investors. Key investors include Alibaba Group, SIG China, and Legend Capital.
Yes. Damai was acquired by Alibaba Group in March 2017.
The website of Damai receives about 380 thousand visits a month.