About Kuwo
Kuwo is a company based in Beijing (China) founded in 2005 by Lei Ming was acquired by Tencent Music in June 2015.. Kuwo operates in a competitive market with competitors including Netease Music, Joox Music, Kuke, KuGou and A8 Digital Music, among others.
- Headquarter Beijing, China
- Founders Lei Ming
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Tencent Music
(Jun 01, 2015)
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Funding Insights of Kuwo
| 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 Kuwo
Kuwo has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Tencent Music. 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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Recording music, live music, audio, and video services are provided.
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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 Kuwo
| 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 |
Financial Statements - Kuwo
| 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 |
Kuwo Comparisons
Competitors of Kuwo
Kuwo 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, Kuke, KuGou and A8 Digital 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 |
Online streaming of non-pop music genres is offered by Kuke.
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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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Frequently Asked Questions about Kuwo
When was Kuwo founded?
Kuwo was founded in 2005.
Where is Kuwo located?
Kuwo is headquartered in Beijing, China.
What does Kuwo do?
Kuwo was established in 2005 in Beijing, China, as a music streaming service within the digital entertainment sector. Access to Chinese and English songs is enabled through searches by singers or genres, alongside music videos, synchronized lyrics, artist news, and personalized recommendations. The platform operates via mobile applications compatible with Android, iOS, and Windows devices. Revenue is derived from in-app purchases.
Who are the top competitors of Kuwo?
Kuwo's top competitors include Netease Music, Kuke and Joox Music.
Who are Kuwo's investors?
Kuwo has 1 investor. Key investors include Tencent Music.