About iDreamSky
iDreamSky is a company based in Shenzhen (China) founded in 2009. It operates as a Freemium. iDreamSky has raised $27 million across 5 funding rounds from investors including Tencent, Prometheus Capital and Redpoint Ventures. The company has 852 employees as of December 31, 2024. iDreamSky has completed 1 acquisition, including Rumble Entertainment. iDreamSky offers products and services including Legendary Store and Strinova (KaraBihu). iDreamSky operates in a competitive market with competitors including Carry1st, Tilting Point, Kongregate, TapNation and Crazy Labs, among others.
- Headquarter Shenzhen, China
- Employees 852 as on 31 Dec, 2024
- Stage Public
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Sectors
Media & Entertainment
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Idreamsky Technology Holdings Limited
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Annual Revenue
$211.16 M (USD)-22.5as on Dec 31, 2024
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Net Profit
-$73.83 M (USD)6.73as on Dec 31, 2024
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EBITDA
$1.66 M (USD)-94.61as on Dec 31, 2024
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Total Equity Funding
$27 M (USD)
in 5 rounds
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Latest Funding Round
$30 M (USD), Post-IPO
Nov 27, 2019
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Investors
Tencent
& 3 more
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Employee Count
852
as on Dec 31, 2024
- Investments & Acquisitions
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IPO & Listings of iDreamSky
iDreamSky is a publicly listed company on the HKEX with ticker symbol 1119 in Hong Kong, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of iDreamSky
iDreamSky offers a comprehensive portfolio of products and services, including Legendary Store and Strinova (KaraBihu).
A simulation management game with innovative gameplay features.
A global shooting game with transformative battlefield mechanics.
People of iDreamSky
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Funding Insights of iDreamSky
iDreamSky has successfully raised a total of $27M across 5 strategic funding rounds. The most recent funding activity was a Post-IPO round of $30 million completed in November 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 iDreamSky
iDreamSky has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Tencent, Prometheus Capital and Redpoint Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Family office of Wang Jianlin and Wang Sicong
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Redpoint Ventures is engaged in venture capital investments.
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Venture Capital firm focused on multiple sectors
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Investor details for iDreamSky
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Investments & Acquisitions by iDreamSky
iDreamSky has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Rumble Entertainment.
Investment portfolio details for iDreamSky
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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MMORPG games are developed for mobile and social platforms.
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Locked | Locked | 2011 | Locked |
Complete acquisition details for iDreamSky
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Financial Statements - iDreamSky
Detailed financials for iDreamSky
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Idreamsky Comparisons
Peer comparison for iDreamSky
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Competitors of iDreamSky
iDreamSky 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 Carry1st, Tilting Point, Kongregate, TapNation and Crazy Labs, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Mobile games are published and developed by Carry1st.
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Mobile games are published and supported by Tilting Point.
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Video games are published via a web-based gaming platform.
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Developers are assisted in mobile game publishing and growth strategies.
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Casual mobile games are published online by Crazy Labs.
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Multi-genre mobile games are published for the Arabic market.
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Detailed competitors of iDreamSky
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Latest news on Idreamsky
Complete news archive for iDreamSky
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Frequently Asked Questions about iDreamSky
iDreamSky was founded in 2009 and raised its 1st funding round 2 years after it was founded.
iDreamSky is headquartered in Shenzhen, China. It is registered at Shenzhen, Guangdong, China.
iDreamSky is a funded company, having raised a total of $27M across 5 funding rounds to date.
As of Dec 31, 2024, the latest employee count at iDreamSky is 852.
Annual revenue of iDreamSky is $211.16M as on Dec 31, 2024.
Shenzhen iDreamSky Technology Co., Ltd., operating as iDreamSky, is engaged in the development and distribution of mobile and PC games. The company operates within the technology and gaming sector, offering a range of products like simulation management and shooting games. Solutions are provided to global markets including North America, Europe, and Asia, with a focus on enhancing user engagement through creative content. Collaborations with industry leaders like Tencent Cloud for AI-driven game development are also pursued to improve研发 efficiency.
iDreamSky's top competitors include Carry1st, Tilting Point and Supersonic.
iDreamSky offers Legendary Store and Strinova (KaraBihu).
Yes, iDreamSky is publicly traded on HKEX under the ticker symbol 1119.
iDreamSky has made 1 acquisition, including Rumble Entertainment.
iDreamSky has 4 investors. Key investors include Tencent, Prometheus Capital, Redpoint Ventures, and Legend Capital.
The ticker symbol of iDreamSky is 1119 on HKEX.