About Mango TV
Mango TV is a Media & Entertainment company based in Beijing (China) founded in 2008, and was acquired by Happigo in September 2017. Ad-supported on-demand video streaming platform. Mango TV has raised $678.91 million across 3 funding rounds from investors including China Mobile, China Life and Happigo. The company has 340 employees. Mango TV was last valued at $2 billion in June 2018. Its chief executive, as recorded, is Cai Huaijun. Its website mgtv.com draws about 5.6 million monthly visits. Its focus areas include OTT Video, OTT Streaming Platforms, Video On Demand (VOD) and Film & TV. Its competitors include IQiyi, Youku Tudou and Viu Video; 3 of its 3 listed competitors have raised funding.
Company details
Mango TV was established in 2008 and is based in Beijing, China. Operations focus on the video streaming sector, where an ad-supported on-demand platform is maintained. Original shows are produced, while third-party content is streamed through collaborations with studios. The network drama Huayang Jianghu has been self-produced as part of these efforts. Services are delivered primarily to audiences in China.
- Total Equity Funding$678.91M (USD)
in 3 rounds
- Latest Funding Round$289.26M (USD), Series C
May 2019
- InvestorsChina Mobile
& 7 more
- Employee Count340
- Acquired byHappigo
(Sep 2017)
Funding Insights of Mango TV
Mango TV has successfully raised a total of $678.91M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $289.26 million completed in May 2019. 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 $678.91M
- Total Rounds 3
- Last Round Series C — $289.26M
- First Round $162.05M
(Mar 2015)
- Investors Count 8
All 3 funding rounds of Mango TV 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 |
|---|---|---|---|---|---|
| May 2019 | $289.26M | Series C | – | China Mobile, China Life Insurance | – |
| Jun 2016 | $227.6M | Series B | – | – | – |
| Mar 2015 | $162.05M | Series A | – | – |
Last known valuation $2B (Jun 2018). 8 investors in total: 8 institutional.
Investors in Mango TV
Mango TV has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include China Mobile, China Life and Happigo.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
PE firm invests in China | nac-capital.com | Shanghai, China | ||
Tech-focused VC firm investing primarily in China | chinacf.com | Beijing, China | ||
| jicinv.com | ||||
Diversified investments are managed across private equity and real estate. | honycapital.com | Beijing, China | ||
| fortunevc.com | ||||
Voice and data services are provided to mobile subscribers. | 1997 | chinamobileltd.com | Hong Kong, China | |
Diversified insurance services are offered to individuals in China. | 1949 | chinalife.com.cn | Beijing, China | |
Multichannel e-retailer | 2005 | happigo.com | Changsha, China |
Investor details for Mango TV
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People of Mango TV
1 people are tracked at Mango TV (1 in leadership); the tracked headcount is 340.
| Name | Role | Group |
|---|---|---|
Cai Huaijun | CEO & President | Leadership |
Complete people profiles for Mango TV
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Timeline of Mango TV
4 dated milestones of Mango TV across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Mango TV is founded.
- Funding First funding round of $162.0M.
- Exit Acquired by Happigo.
- Funding Latest funding round, Series C, of $289.3M.
Competitors of Mango TV
Mango TV has 3 listed competitors in our database, 3 of them funded. They include IQiyi, Youku Tudou and Viu Video.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| iqiyi.com | 2010 | Haidian, China | $2.04B | Subscription-based streaming of dramas, anime, movies, and shows is offered. | ||
| youku.com | 2006 | Shanghai, China | $110M | Video content is streamed, searched, and shared across multiple devices. | ||
| viu.com | 2015 | Hong Kong, China | $410M | Video streaming platform operated for on-demand entertainment access. |
Detailed competitors of Mango TV
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- Full competitor set
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Web traffic of Mango TV
The website of Mango TV (mgtv.com) receives about 5.6M visits a month and ranks #11,002 among all websites worldwide, #1,019 in TV Movies and Streaming.
- Monthly visits5.6M
▼ 2.1% vs previous month
- Unique visitors1.3M
per month
- Global rank#11,002
among all websites
- Category rank#1,019
Arts and Entertainment · TV Movies and Streaming
- Bounce rate41%
- Pages per visit3.3
- Average visit3 min 14 sec
- DevicesDesktop 82% · Mobile 18%
Websites whose visitors overlap most with Mango TV. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| iqiyi.com | 100% | 45.5M | #1,644 | View details | |
miguvideo.com | miguvideo.com | 91% | #7,338 | – | |
movie.douban.com | movie.douban.com | 90% | #1,452 | – | |
tvmao.com | tvmao.com | 87% | #10,429 | – | |
tvsou.com | tvsou.com | 81% | #174,427 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Mango TV
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- 40 similar websites
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Top companies in Vernacular Platforms
2 companies that operate in the same segment as Mango TV (Vernacular Platforms) in China, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Subscription-based streaming of dramas, anime, movies, and shows is offered. | 2010 | Haidian, Beijing, China | USD 2.04 B | USD 3.8 B | 3,370 | |
Video streaming platform operated for on-demand entertainment access. | 2015 | Hong Kong, China | USD 410 M |
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Related news about Mango Tv
Complete news archive for Mango TV
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Frequently Asked Questions about Mango TV
Mango TV was founded in 2008 and raised its 1st funding round 7 years after it was founded.
Mango TV is headquartered in Beijing, China.
Cai Huaijun is the CEO of Mango TV, as recorded in our data.
Mango TV is a funded company, having raised a total of $678.91M across 3 funding rounds to date. The company's 1st funding round was a Series A of $162.05M, raised on Mar 2015.
Mango TV has 340 employees.
Mango TV was established in 2008 and is based in Beijing, China. Operations focus on the video streaming sector, where an ad-supported on-demand platform is maintained. Original shows are produced, while third-party content is streamed through collaborations with studios. The network drama Huayang Jianghu has been self-produced as part of these efforts. Services are delivered primarily to audiences in China.
Mango TV's top competitors include IQiyi, Viu Video and Youku Tudou.
Mango TV has 8 investors. Key investors include China Mobile, China Life, Happigo, New Alliance Capital, and China Cultural Industry Investment Fund.
The valuation of Mango TV is $2B as of Jun 2018.
Yes. Mango TV was acquired by Happigo in September 2017.
The website of Mango TV receives about 5.6 million visits a month and ranks #11,002 among all websites worldwide.