About Huangbaoche
Huangbaoche is a company based in Chaoyang (China) founded in 2015 by Meng Lei.. Huangbaoche has raised $246.67 million across 7 funding rounds from investors including New Oriental Education and Technology Group, Shenqi Capital and Wuxi Huishan Government Fund. Huangbaoche operates in a competitive market with competitors including 55km, Koudai Dipei, Triploc, Zouzhe Lvxing and Backstreet Academy, among others.
- Headquarter Chaoyang, China
- Founders Meng Lei
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Sectors
Travel & Hospitality
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Email
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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
$246.67 M (USD)
in 7 rounds
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Latest Funding Round
$27.43 M (USD), Series D
Sep 13, 2023
- Investors
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Employee Count
Employee Count
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Funding Insights of Huangbaoche
Huangbaoche has successfully raised a total of $246.67M across 7 strategic funding rounds. The most recent funding activity was a Series D round of $27.43 million completed in September 2023. 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 7
- Last Round Series D — $27.4M
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First Round
First Round
(09 Sep 2015)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Series D - Huangbaoche | Valuation | New Oriental Education and Technology Group , Shenqi Capital | |
| Jun, 2019 | Amount | Series C - Huangbaoche | Valuation | Shenzhen Capital Group |
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| Mar, 2018 | Amount | Series C - Huangbaoche | Valuation | Sequoia Capital |
| 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 Huangbaoche
Huangbaoche has secured backing from 14 investors, including institutional and venture fund investors. Prominent investors backing the company include New Oriental Education and Technology Group, Shenqi Capital and Wuxi Huishan Government Fund. 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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Founded Year | Domain | Location | |
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Venture capital, equity investment, and fund management services in China.
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Founded Year | Domain | Location | |
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Sequoia Capital is engaged in venture capital investments.
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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 Huangbaoche
| 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 - Huangbaoche
| 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 |
Huangbaoche Comparisons
Competitors of Huangbaoche
Huangbaoche 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 55km, Koudai Dipei, Triploc, Zouzhe Lvxing and Backstreet Academy, 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 |
Operates a digital hub connecting users to local experiences and services.
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| domain | founded_year | HQ Location |
Connects travelers with local hosts for seamless outbound tourism experiences.
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| domain | founded_year | HQ Location |
Offers travel planning services with peer-to-peer guides for personalized experiences.
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| domain | founded_year | HQ Location |
An online travel startup connecting travelers with local drivers for destination tours.
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| domain | founded_year | HQ Location |
Local tours and activities are booked via an online marketplace.
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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 Huangbaoche
When was Huangbaoche founded?
Huangbaoche was founded in 2015.
Where is Huangbaoche located?
Huangbaoche is headquartered in Chaoyang, China. It is registered at Chaoyang, Liaoning, China.
Is Huangbaoche a funded company?
Huangbaoche is a funded company, having raised a total of $246.67M across 7 funding rounds to date. The company's 1st funding round was a Series C of $50M, raised on Sep 09, 2015.
What does Huangbaoche do?
Huangbaoche was established in 2015 in Chaoyang, China, as an online platform in the travel sector. Tours and activities offered by peers are discovered and booked by travelers through the site, with payments processed online. Travel guides are also made available to support users. Operations focus on facilitating peer-to-peer experiences in tourism.
Who are the top competitors of Huangbaoche?
Huangbaoche's top competitors include Backstreet Academy, 55km and Koudai Dipei.
Who are Huangbaoche's investors?
Huangbaoche has 14 investors. Key investors include New Oriental Education and Technology Group, Shenqi Capital, Wuxi Huishan Government Fund, Shenzhen Capital Group, and Sequoia Capital.