About FTuan
FTuan is a Retail company based in Beijing (China) founded in 2011. Dining and shopping group-buying deals are offered by FTuan. FTuan has raised $10 million across 1 funding round. Its focus areas include Coupons and Deals, Deals, O2O and Horizontal. Its competitors include Meituan, Dianping and Pinduoduo; 3 of its 3 listed competitors have raised funding.
Company details
FTuan was founded in 2011 in Beijing, China, and operates within the e-commerce sector as a group buying platform. Backing from Tencent supports its activities, which focus on providing deals for dining and shopping through group-buying mechanisms. A merger with Gaopeng, established as a joint venture between Groupon and Tencent, has integrated additional resources and expanded its market presence in China.
- Headquarters Beijing, China
- SectorsRetail
- Website ftuan.com
- Total Equity Funding$10M (USD)
in 1 rounds
- Latest Funding Round$10M (USD), Series A
Oct 2011
Funding Insights of FTuan
FTuan has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series A round of $10 million completed in October 2011. 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 $10M
- Total Rounds 1
- Last Round Series A — $10M
- First Round $10M
(Oct 2011)
All 1 funding rounds of FTuan 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 |
|---|---|---|---|---|---|
| Oct 2011 | $10M | Series A | – | – | – |
Timeline of FTuan
2 dated milestones of FTuan, from founding to its latest funding, stage changes and deals.
- Founded FTuan is founded.
- Funding First funding round of $10.0M.
Competitors of FTuan
FTuan has 3 listed competitors in our database, 3 of them funded. They include Meituan, Dianping and Pinduoduo.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| meituan.com | 2010 | Beijing, China | $9.86B | Online group-buying platform offering coupons for multi-category products and services | ||
| dianping.com | 2003 | Shanghai, China | $4.34B | Group buying discount deals are facilitated across multiple categories. | ||
| pinduoduo.com | 2015 | Shanghai, China | $3.22B | Online group buying platform offering multi-category products |
Detailed competitors of FTuan
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about FTuan
FTuan was founded in 2011.
FTuan is headquartered in Beijing, China.
FTuan is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Series A of $10M, raised on Oct 2011.
FTuan was founded in 2011 in Beijing, China, and operates within the e-commerce sector as a group buying platform. Backing from Tencent supports its activities, which focus on providing deals for dining and shopping through group-buying mechanisms. A merger with Gaopeng, established as a joint venture between Groupon and Tencent, has integrated additional resources and expanded its market presence in China.