Mafengwo

Beijing, China Founded: 2010 • Age: 16 yrs Acquired By Wangfujing Group
User-generated travel reviews and guides are shared online.
Annual revenue - Latest available
Total funding $488.0M 7 rounds
Employees - Tracked headcount
Investors 11 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Mafengwo

Mafengwo is a company based in Beijing (China) founded in 2010 was acquired by Wangfujing Group in May 2022. Mafengwo has raised $488 million across 7 funding rounds from investors including Tencent, General Atlantic and Temasek. Mafengwo operates in a competitive market with competitors including Trover, Rex, Framey, Locationscout and Roadlike, among others.

  • Headquarter Beijing, China
  • Stage Unicorn
  • Sectors
    Travel & Hospitality
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Travel & Hospitality → Hospitality & Travel Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $488 M (USD)

    in 7 rounds

  • Latest Funding Round
    Not available
  • Investors
    Tencent

    & 10 more

  • Employee Count
    Not available
  • Acquired by
    Wangfujing Group

    (May 25, 2022)

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Funding Insights of Mafengwo

Mafengwo has successfully raised a total of $488M across 7 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.

Investors in Mafengwo

Mafengwo has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Tencent, General Atlantic and Temasek.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
-
Locked Locked Locked
Private equity fund focused on global markets
Locked Locked Locked
Venture capital investments are directed toward multiple sectors.
Locked Locked Locked
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Investor details for Mafengwo

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Investments & Acquisitions by Mafengwo

Investments
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Investment portfolio details for Mafengwo

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Financial Statements - Mafengwo

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Detailed financials for Mafengwo

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Mafengwo Comparisons

Mafengwo Primary company
Description
User-generated travel reviews and guides are shared online.
Location
Beijing, China
Founded Year
2010
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Mafengwo

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Competitors of Mafengwo

Mafengwo 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 Trover, Rex, Framey, Locationscout and Roadlike, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Online social platform for travelers
Locked Locked Locked
Veterinary appointments for pets are booked via an app-based platform.
Locked Locked Locked
Online platform for travellers to discover & share travel photos
Locked Locked Locked
An app-based platform for discovering and sharing travel photos.
Locked Locked Locked
Offers a travel app to capture and manage user memories.
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Detailed competitors of Mafengwo

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Latest news on Mafengwo

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Frequently Asked Questions about Mafengwo

Mafengwo was founded in 2010 and raised its 1st funding round 1 year after it was founded.

Mafengwo is headquartered in Beijing, China.

Mafengwo is a funded company, having raised a total of $488M across 7 funding rounds to date.

Mafengwo was founded in 2010 in Beijing, China, as an online platform in the travel sector. User-generated content, including reviews and downloadable travel guides, is hosted to assist planning. Access to travel products is facilitated through the site. A social community is maintained for connecting enthusiasts, with an Instagram-like feature named Wengweng where geotagged travel photos are uploaded by users. Operations focus on the Chinese market via mafengwo.cn.

Mafengwo's top competitors include Roadlike, Trover and Framey.

Mafengwo has 11 investors. Key investors include Tencent, General Atlantic, Temasek, Qiming Venture Partners, and Wangfujing Group.

The valuation of Mafengwo is $2B as of May 2019.

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