About Koubei
Koubei is a Business Services company based in Hangzhou (China) founded in 2004 by Zhiguo Li. Online platform that provides multiple local services. Koubei has raised $1.1 billion across 3 funding rounds from investors including Ant Group, Primavera Capital Group and CDH. The company has 4 employees. Koubei was last valued at $8 billion in November 2018. Its website koubei.com draws about 214 thousand monthly visits. Its focus areas include Consumer, Local Services, Multi Services and Marketplace. Its competitors include Daojia Group, HelperGo and HelloToby; 1 of its 3 listed competitors has raised funding.
Company details
Koubei was established in 2004 in Hangzhou, China, as an online platform in the local services sector. Users are connected to various offerings, including fitness, wellness, and catering options. Services are discovered, reserved, and paid for digitally via the platform. Operations focus on streamlining access to everyday local needs in urban areas.
- Headquarters Hangzhou, China
- Employees 4
- Founders Zhiguo Li
- Stage Unicorn
- SectorsBusiness Services
- Phone•••• ••••
- Website koubei.com
- Social LinkedIn X
- Total Equity Funding$1.1B (USD)
in 3 rounds
- Latest Funding Round$1.1B (USD), Series C
Jan 2017
- InvestorsAnt Group
& 5 more
- Employee Count4
Funding Insights of Koubei
Koubei has successfully raised a total of $1.1B across 3 strategic funding rounds. The most recent funding activity was a Series C round of $1.1 billion completed in January 2017. 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 $1.1B
- Total Rounds 3
- Last Round Series C — $1.1B
- Investors Count 6
All 3 funding rounds of Koubei 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 |
|---|---|---|---|---|---|
| Jan 2017 | $1.1B | Series C | – | CDH, Yunfeng Capital | |
| Jun 2015 | $1B | Series B | – | Ant Group | – |
| Oct 2006 | Series A | – | – | – |
| Date | Valuation | Stage |
|---|
Full valuation and stage history of Koubei
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $8B (Nov 2018). 6 investors in total: 6 institutional.
Investors in Koubei
Koubei has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Ant Group, Primavera Capital Group and CDH.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity and private debt firm focused on multiple sectors | cdhfund.com | Kowloon, China | ||
Private equity investments are managed by Yunfeng Capital in China. | yfc.cn | Shanghai, China | ||
Private equity investments in China are managed by Primavera. | 2010 | primavera-capital.com | Beijing, China | |
Technology investing and private equity firm focused on partnerships. | silverlake.com | |||
Serves as China's sovereign wealth fund, managing strategic investments globally. | 2007 | china-inv.cn | Beijing, China | |
Payment processing solution for consumers, small and micro businesses | 2004 | antgroup.com | Hangzhou, China |
Investor details for Koubei
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Koubei
1 people are tracked at Koubei (1 in leadership); the tracked headcount is 4.
| Name | Role | Group |
|---|---|---|
Zhiguo Li | Founder | Leadership |
Complete people profiles for Koubei
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Timeline of Koubei
4 dated milestones of Koubei across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Koubei is founded.
- Funding First funding round.
- Funding Latest funding round, Series C, of $1.1B.
- Milestone Reaches Unicorn status.
Competitors of Koubei
Koubei has 3 listed competitors in our database, 1 of them funded. They include Daojia Group, HelperGo and HelloToby.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| daojia.com | 2014 | Beijing, China | $550M | Online platform that provides multiple local services | ||
| helpergo.co | 2015 | Hong Kong, China | Local services are booked via an online platform. | |||
| hellotoby.com | 2016 | Hong Kong, China | App-based marketplace to hire local service professionals |
Detailed competitors of Koubei
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Web traffic of Koubei
The website of Koubei (koubei.com) receives about 213.8K visits a month.
- Monthly visits213.8K
▲ 3% vs previous month
Websites whose visitors overlap most with Koubei. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| taobao.com | 100% | 187.6M | #129 | View details | |
| ganji.com | 90% | 28.9K | #874,573 | View details | |
| baixing.com | 87% | 25.5K | #959,371 | View details | |
| 58.com | 80% | 2.9M | #13,587 | View details | |
china.alibaba.com | china.alibaba.com | 69% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for Koubei
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Related news about Koubei
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Frequently Asked Questions about Koubei
Koubei was founded in 2004 and raised its 1st funding round 2 years after it was founded.
Koubei is headquartered in Hangzhou, China. It is registered at Hangzhou, Zhejiang, China.
Koubei is a funded company, having raised a total of $1.1B across 3 funding rounds to date.
Koubei has 4 employees.
Koubei was established in 2004 in Hangzhou, China, as an online platform in the local services sector. Users are connected to various offerings, including fitness, wellness, and catering options. Services are discovered, reserved, and paid for digitally via the platform. Operations focus on streamlining access to everyday local needs in urban areas.
Koubei's top competitors include Daojia Group, HelloToby and HelperGo.
Koubei has 6 investors. Key investors include Ant Group, Primavera Capital Group, CDH, Yunfeng Capital, and China Investment Corporation.
The valuation of Koubei is $8B as of Nov 2018.
The website of Koubei receives about 214 thousand visits a month.