About Nuomi
Nuomi is a company based in Beijing (China) founded in 2010 by Derek Shen was acquired by IQiyi in May 2018. Nuomi has raised $160 million across 1 funding round from investors including Baidu and IQiyi. Nuomi operates in a competitive market with competitors including Meituan, Dianping, Lashou, Gaopeng and 24quan, among others.
- Headquarter Beijing, China
- Founders Derek Shen
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Funding Insights of Nuomi
Nuomi has successfully raised a total of $160M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $160 million completed in January 2014. 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 Nuomi
Nuomi has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Baidu and IQiyi.
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AI-enabled keyword-based search engine is operated for information retrieval.
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Subscription-based streaming of dramas, anime, movies, and shows is offered.
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Investor details for Nuomi
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Investments & Acquisitions by Nuomi
Investment portfolio details for Nuomi
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Financial Statements - Nuomi
Detailed financials for Nuomi
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Nuomi Comparisons
Peer comparison for Nuomi
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Competitors of Nuomi
Nuomi 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 Meituan, Dianping, Lashou, Gaopeng and 24quan, among others.
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Online group-buying platform offering coupons for multi-category products and services
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Group buying discount deals are facilitated across multiple categories.
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Location based daily-deals & group buying portal
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Operates an online marketplace for group-buying deals on multi-category products and services.
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Detailed competitors of Nuomi
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Latest news on Nuomi
Complete news archive for Nuomi
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Frequently Asked Questions about Nuomi
Nuomi was founded in 2010 and raised its 1st funding round 4 years after it was founded.
Nuomi is headquartered in Beijing, China.
Nuomi is a funded company, having raised a total of $160M across 1 funding round to date.
Nuomi was established in 2010 in Beijing, China, as a group-buying platform in the e-commerce sector. Daily deals on local services are provided across 120 cities nationwide. Operations focus on facilitating group purchases for consumers. In 2013, a 59 equity stake was acquired by Baidu for US160 million in cash, integrating it into broader digital services.