About Dingfangbao
Dingfangbao was a Travel & Hospitality company based in Beijing (China) founded in 2013 by Ren Guodong. It offers a mobile app for last-minute hotel bookings. It operates on a B2C model. Dingfangbao has raised $6.63 million across 3 funding rounds from investors including Oriental Fortune Capital, Zhejiang Venture Capital and Fenghu Capital. The company is recorded as dissolved. Its focus areas include Travel and Tourism, Hospitality, Booking Platforms and Mobile Apps. Its competitors include HotelQuickly, Hotelvp and 247Checkin; 2 of its 3 listed competitors have raised funding.
Company details
Dingfangbao operates with a B2C model, focusing on travel and tourism, offering hospitality services, operating booking platforms, and mobile apps. Offers a mobile app for last-minute hotel bookings. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Beijing, China
- Founders Ren Guodong
- SectorsTravel & Hospitality
- Website dfb365.com
- Total Equity Funding$6.63M (USD)
in 3 rounds
- Latest Funding Round$1.56M (USD), Series A
Sep 2016
- InvestorsOriental Fortune Capital
& 2 more
Funding Insights of Dingfangbao
Dingfangbao has successfully raised a total of $6.63M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $1.56 million completed in September 2016. 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 $6.63M
- Total Rounds 3
- Last Round Series A — $1.56M
- First Round $923,000
(Dec 2014)
- Investors Count 3
All 3 funding rounds of Dingfangbao 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 |
|---|---|---|---|---|---|
| Sep 2016 | $1.56M | Series A | – | – | |
| Aug 2015 | $4.15M | Series A | – | – | |
| Dec 2014 | $923,000 | Seed | – | – |
3 investors in total: 3 institutional.
Investors in Dingfangbao
Dingfangbao has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Oriental Fortune Capital, Zhejiang Venture Capital and Fenghu Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are invested in by Oriental Fortune Capital. | ofcapital.com | Shenzhen, China | ||
Equity investment management is provided by Zhejiang Venture Capital. | zsvc.com.cn | Hangzhou, China | ||
Tech companies in China are funded by Fenghu Capital. | fhcapital.cn | Shanghai, China |
Investor details for Dingfangbao
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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People of Dingfangbao
1 people are tracked at Dingfangbao (1 in leadership).
| Name | Role | Group |
|---|---|---|
Ren Guodong | Co-Founder | Leadership |
Complete people profiles for Dingfangbao
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
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Timeline of Dingfangbao
3 dated milestones of Dingfangbao across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Dingfangbao is founded.
- Funding First funding round of $923K.
- Funding Latest funding round, Series A, of $1.6M.
Competitors of Dingfangbao
Dingfangbao has 3 listed competitors in our database, 2 of them funded. They include HotelQuickly, Hotelvp and 247Checkin.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hotelquickly.com | 2012 | Hong Kong, China | $5.66M | Delivers a mobile app for last-minute hotel bookings. | ||
| hotelvp.com | 2011 | Shanghai, China | $3.2M | HotelTonight for China | ||
| 247checkin.com | 2016 | Hong Kong, China | Offers a platform for last-minute hotel bookings to travelers. |
Detailed competitors of Dingfangbao
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- Competitive positioning
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Frequently Asked Questions about Dingfangbao
Dingfangbao was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Dingfangbao is headquartered in Beijing, China.
Dingfangbao is a funded company, having raised a total of $6.63M across 3 funding rounds to date. The company's 1st funding round was a Seed of $923K, raised on Dec 2014.
Dingfangbao operates with a B2C model, focusing on travel and tourism, offering hospitality services, operating booking platforms, and mobile apps. Offers a mobile app for last-minute hotel bookings. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Dingfangbao's top competitors include Hotelvp, HotelQuickly and 247Checkin.
Dingfangbao has 3 investors. Key investors include Oriental Fortune Capital, Zhejiang Venture Capital, and Fenghu Capital.