About Longzhu
Longzhu is a company based in Shanghai (China) founded in 2014 was acquired by Suning Tesco Group in November 2016. Longzhu has raised $44 million across 2 funding rounds from investors including Tencent, UUU9 and Suning Easybuy. Longzhu operates in a competitive market with competitors including Twitch, Huya, Garena, THETA.tv and Rooter, among others.
- Headquarter Shanghai, China
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Sectors
Media & Entertainment
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Phone
Locked
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Website
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$44 M (USD)
in 2 rounds
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Latest Funding Round
$44 M (USD), Series B
Nov 03, 2015
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Investors
Tencent
& 2 more
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Employee Count
Not available
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Acquired by
Suning Tesco Group
(Nov 17, 2016)
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Funding Insights of Longzhu
Longzhu has successfully raised a total of $44M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $44 million completed in November 2015. 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 Longzhu
Longzhu has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Tencent, UUU9 and Suning Easybuy.
| Investor | Description | Founded Year | Domain | Location |
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Online platform publishing gaming-focused content.
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Value-added internet, mobile, and telecom services are provided in China.
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E-commerce retail, logistics, and customer services are provided by Suing Easybuy in China.
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Investor details for Longzhu
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Investments & Acquisitions by Longzhu
Investment portfolio details for Longzhu
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Financial Statements - Longzhu
Detailed financials for Longzhu
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Longzhu Comparisons
Peer comparison for Longzhu
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of Longzhu
Longzhu 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 Twitch, Huya, Garena, THETA.tv and Rooter, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
ESports social video streaming platform
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Online gameplay is streamed live via a broadcasting portal.
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Mobile entertainment and communication
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Blockchain based esports streaming platform
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Live gaming, streams, and video content platform is operated.
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Monetization and engagement tools for live streaming are provided.
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Detailed competitors of Longzhu
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Longzhu
Complete news archive for Longzhu
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Frequently Asked Questions about Longzhu
Longzhu was founded in 2014.
Longzhu is headquartered in Shanghai, China.
Longzhu is a funded company, having raised a total of $44M across 2 funding rounds to date.
Longzhu was established in 2014 in Shanghai, China, as a platform focused on eSports live streaming. Gameplay videos from titles like League of Legends and PUBG Mobile are broadcast to viewers. Operations center on delivering real-time mobile and competitive gaming content. The platform emerged from a partnership between parent company PLU and Tencent, serving the Chinese market in the digital entertainment sector.
Longzhu has 3 investors. Key investors include Tencent, UUU9, and Suning Easybuy.