About Hupu
Hupu is a company based in Shanghai (China) founded in 2004 by Shawn Cheng was acquired by Xunlei in January 2025. Hupu has raised $338.72 million across 5 funding rounds from investors including ByteDance, CICC and Xunlei. Hupu operates in a competitive market with competitors including The Athletic, MinuteMedia, ESPN Network, Bleacher Report and Overtime, among others.
- Headquarter Shanghai, China
- Founders Shawn Cheng
- Stage Unicorn
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Sectors
Media & Entertainment
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Funding Insights of Hupu
Hupu has successfully raised a total of $338.72M across 5 strategic funding rounds. The most recent funding activity was a Series F round of $182.34 million completed in June 2019. 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.
Investors in Hupu
Hupu has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include ByteDance, CICC and Xunlei.
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Short-form video and content discovery platforms are developed.
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Diversified asset management and corporate advisory services are provided.
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Investor details for Hupu
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Investments & Acquisitions by Hupu
Investment portfolio details for Hupu
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Financial Statements - Hupu
Detailed financials for Hupu
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Hupu Comparisons
Peer comparison for Hupu
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Competitors of Hupu
Hupu 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 The Athletic, MinuteMedia, ESPN Network, Bleacher Report and Overtime, among others.
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Subscription-based sports media is delivered to local premium audiences.
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Provider of digital content and advertising solutions for publishers and advertisers
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Sports media services are provided by ESPN Network worldwide.
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Crowdsourced sports scores, news, and content are provided to users.
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Sports content is produced and shared across multiple digital platforms.
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Detailed competitors of Hupu
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Latest news on Hupu
Complete news archive for Hupu
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Frequently Asked Questions about Hupu
Hupu was founded in 2004 and raised its 1st funding round 8 years after it was founded.
Hupu is headquartered in Shanghai, China.
Shawn Cheng is the current CEO of Hupu. They have also founded this company.
Hupu is a funded company, having raised a total of $338.72M across 5 funding rounds to date.
Hupu was established in 2004 in Shanghai, China, focusing on the sports sector. A platform for commentary and news is maintained, alongside services such as integrated sports marketing, event management, media distribution, online games, e-commerce, and lottery. Revenue streams are derived from advertisements and activities in e-commerce, sports, lottery, as well as mobile and online games. Monetization occurs primarily via display advertisements.
Hupu's top competitors include The Athletic, Bleacher Report and Barstool Sports.
Hupu has 5 investors. Key investors include ByteDance, CICC, Xunlei, Greenwoods Asset Management, and Haitong Bank.
The valuation of Hupu is $1.1B as of Jun 2019.