About Kuke
Kuke is a company based in Beijing (China) founded in 2006.. Kuke has raised $1.6 million across 2 funding rounds from investors including Milestone Capital. The company has 59 employees as of December 31, 2024. Kuke has completed 1 acquisition, including Naxos. Kuke operates in a competitive market with competitors including Netease Music, Joox Music, KuGou, A8 Digital Music and Duomi Music, among others.
- Headquarter Beijing, China
- Employees 59 as on 31 Dec, 2024
- Stage Public
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Kuke Music Holding Ltd. Sponsored Adr
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Annual Revenue
$9.58 M-36.55as on Dec 31, 2024
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Net Profit
$-9.02 M2.08as on Dec 31, 2024
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EBITDA
$-6.32 M-48.65as on Dec 31, 2024
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Total Equity Funding
$1.6 M (USD)
in 2 rounds
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Latest Funding Round
- Investors
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Employee Count
59
as on Dec 31, 2024
- Investments & Acquisitions
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IPO & Listings of Kuke
Kuke is a publicly listed company on the NYSE with ticker symbol KUKE in USA, operating in the Commercial 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.
Funding Insights of Kuke
Kuke has successfully raised a total of $1.6M across 2 strategic funding rounds. 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 2
- Last Round Last Round
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First Round
First Round
(01 Apr 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2015 | Amount | Series B - Kuke | Valuation |
investors |
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| Apr, 2014 | Amount | Series A - Kuke | Valuation |
investors |
| 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 Kuke
Kuke has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Milestone Capital. 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 |
| 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 Kuke
Kuke has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Naxos. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Naxos is recognized as the world’s leading classical music label.
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0 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Kuke
| 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 |
Kuke Comparisons
Competitors of Kuke
Kuke 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 Netease Music, Joox Music, KuGou, A8 Digital Music and Duomi Music, 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 |
Music is streamed and downloaded through an online platform.
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| domain | founded_year | HQ Location |
Online music streaming app is offered for Android users.
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| domain | founded_year | HQ Location |
Music is streamed and downloaded by users via KuGou platform.
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| domain | founded_year | HQ Location |
China-based music distribution platform
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| domain | founded_year | HQ Location |
A music streaming platform focused on Chinese music.
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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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Latest news on Kuke
Frequently Asked Questions about Kuke
When was Kuke founded?
Kuke was founded in 2006 and raised its 1st funding round 8 years after it was founded.
Where is Kuke located?
Kuke is headquartered in Beijing, China.
Is Kuke a funded company?
Kuke is a funded company, having raised a total of $1.6M across 2 funding rounds to date. The company's 1st funding round was a Series A of $1.6M, raised on Apr 01, 2014.
How many employees does Kuke have?
As of Dec 31, 2024, the latest employee count at Kuke is 59.
What is the annual revenue of Kuke?
Annual revenue of Kuke is $9.58M as on Dec 31, 2024.
What does Kuke do?
Kuke Music was founded in 2006 in Beijing, China, as a digital music library in the online streaming sector. Non-pop genres such as jazz, movie soundtracks, and new-century music are emphasized. Streaming access is enabled by artist or genre, with personalized playlists created by users. A mobile app is provided for iOS devices, supporting operations across various music categories.
Who are the top competitors of Kuke?
Kuke's top competitors include Netease Music, Joox Music and A8 Digital Music.
Is Kuke publicly traded?
Yes, Kuke is publicly traded on NYSE under the ticker symbol KUKE.
How many acquisitions has Kuke made?
Kuke has made 1 acquisition, including Naxos.
Who are Kuke's investors?
Kuke has 1 investor. Key investors include Milestone Capital.
What is Kuke's ticker symbol?
The ticker symbol of Kuke is KUKE on NYSE.