About KingNet
KingNet is a publicly listed company based in Shanghai (China) founded in 2008. Mobile games are developed and published for app stores. KingNet has raised $17 million across 2 funding rounds from investors including Zero2IPO Group, Kleiner Perkins and Matrix Partners China. The company has 2,180 employees. Its focus areas include Gaming, PC & Console Gaming, Game Developers and Web Games. Its competitors include Xindong Network, Giant Interactive Group and Forgame; 3 of its 3 listed competitors have raised funding.
Company details
KingNet was founded in 2008 in Shanghai, China, and operates within the game development and publishing sector. Titles such as Sole Tower, Dino Kingdom, King of Pirates, and Fishing Tycoon are produced for mobile platforms. These games are made available through the Google Play Store and Apple App Store, enabling downloads and play by users worldwide. Operations focus on digital entertainment for handheld devices.
- Headquarters Shanghai, China
- Employees 2,180
- Stage Public
- SectorsMedia & Entertainment
- Website kingnet.com
- Social LinkedIn X
- Legal Name Kingnet Network Co., Ltd. Class A
- Annual Revenue$758.46 M (USD)3.95as on Dec 31, 2025
- Net Profit$271.39 M (USD)16.9as on Dec 31, 2025
- EBITDA$281.39 M (USD)14.15as on Dec 31, 2025
- Total Equity Funding$17M (USD)
in 2 rounds
- Latest Funding Round$15M (USD), Series B
Feb 2011
- InvestorsZero2IPO Group
& 2 more
- Employee Count2,180
Funding Insights of KingNet
KingNet has successfully raised a total of $17M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in February 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 $17M
- Total Rounds 2
- Last Round Series B — $15M
- First Round $2M
(Nov 2009)
- Investors Count 3
All 2 funding rounds of KingNet 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 |
|---|---|---|---|---|---|
| Feb 2011 | $15M | Series B | – | – | |
| Nov 2009 | $2M | Series A | – | – |
3 investors in total: 3 institutional.
Investors in KingNet
KingNet has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Zero2IPO Group, Kleiner Perkins and Matrix Partners China.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are invested in by this venture capital firm. | matrixpartners.com.cn | Chaoyang, China | ||
Venture capital firm investing in early-stage tech startups | 1972 | kleinerperkins.com | Menlo Park, United States | |
Financial database platform for venture capital and private equity funds | 1999 | zero2ipo.com.cn | Beijing, China |
Investor details for KingNet
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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IPO & Listings of KingNet
KingNet is a publicly listed company on the SZSE with ticker symbol 002517 in China, 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.
- IPO date07 Dec 2010
- Listed onSZSE: 2517
- Listed entityKingnet Network Co., Ltd. Class A
- Exchange sectorTechnology services
- ISINCNE100000XB5
- Share price15.85 CNY (-1.25% on the day) · 2026-10-14
- Market capitalisation34,092,733,989.00 CNY
- Price to earnings14.1
- EPS (diluted, trailing year)1.12 CNY
- Dividend yield0.62%
- Volume (last session)36,922,386
Financials of KingNet
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 5.31B CNY | 1.90B CNY | 1.97B CNY |
| 2024 | 5.10B CNY | 1.63B CNY | 1.73B CNY |
| 2023 | 4.28B CNY | 1.46B CNY | 1.66B CNY |
| 2022 | 3.72B CNY | 1.03B CNY | 1.41B CNY |
| 2021 | 2.37B CNY | 576.7M CNY | 877.0M CNY |
Detailed financial statements for KingNet
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of KingNet
4 dated milestones of KingNet across 3 years, from founding to its latest funding, stage changes and deals.
- Founded KingNet is founded.
- Funding First funding round of $2.0M.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Series B, of $15.0M.
Competitors of KingNet
KingNet has 3 listed competitors in our database, 3 of them funded. They include Xindong Network, Giant Interactive Group and Forgame.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| xd.com | 2003 | Shanghai, China | $39.3M | Web-based PC games are developed by Xindong Network. | ||
| ga-me.com | 2004 | Shanghai, China | $164.33M | MMO games are developed by a China-based company. | ||
| forgame.com | 2009 | Guangzhou, China | $72.79M | Web and mobile games are developed and published in China. |
Detailed competitors of KingNet
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.
Web traffic of KingNet
The website of KingNet (kingnet.com) receives about 7.5K visits a month.
- Monthly visits7.5K
▼ 10.6% vs previous month
Websites whose visitors overlap most with KingNet. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| txwy.tw | 100% | #2,159,304 | View details | ||
imop.tw | imop.tw | 99% | – | ||
| kai-ying.com | 97% | 680.7K | View details | ||
| gamebase.com.tw | 91% | 149.2K | View details | ||
gameres.com | gameres.com | 70% | #353,784 | – |
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Related news about Kingnet
Complete news archive for KingNet
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Frequently Asked Questions about KingNet
KingNet was founded in 2008 and raised its 1st funding round 1 year after it was founded.
KingNet is headquartered in Shanghai, China.
KingNet is a funded company, having raised a total of $17M across 2 funding rounds to date. The company's 1st funding round was a Series A of $2M, raised on Nov 2009.
KingNet has 2,180 employees.
Annual revenue of KingNet is $758.46M as on Dec 31, 2025.
KingNet was founded in 2008 in Shanghai, China, and operates within the game development and publishing sector. Titles such as Sole Tower, Dino Kingdom, King of Pirates, and Fishing Tycoon are produced for mobile platforms. These games are made available through the Google Play Store and Apple App Store, enabling downloads and play by users worldwide. Operations focus on digital entertainment for handheld devices.
KingNet's top competitors include Giant Interactive Group, Xindong Network and Forgame.
Yes, KingNet is publicly traded on SZSE under the ticker symbol 002517.
KingNet has 3 investors. Key investors include Zero2IPO Group, Kleiner Perkins, and Matrix Partners China.