About Takung Art
Takung Art is a publicly listed company based in Hong Kong (China) founded in 2012. Online platform for shared ownership of artworks is operated. Takung Art offers products and services including News Platform and Content Updates. Its focus areas include Retail, Art E-Commerce and Multi Category. Its legal entity is TAKUNG ART CO., LTD.
Company details
Takung Art provides an online platform for trading artworks across categories such as paintings, calligraphies, jewellery and precious gems etc. Artwork is presented to the company by authorised agents and the value is appraised. The company then divides the artwork into equal ownership units (which can be traded through their app),allowing shared ownership among collectors and investors. As of August 31, 2016, they had 147 art listings, with an aggregate initial listing value of US35.13 million. The company has multiple revenue streams such as: listing fee in the range of 2.5-28 of the offering price, commission fee 0.2 of the transaction value, subscription fee from authorised agents. Apart from China, they have operations in Russia, Mongolia, Australia, New Zealand. The company reported revenues of 11.3 million in 2015.
- Headquarters Hong Kong, China
- Stage Public
- SectorsMedia & Entertainment
- Website takungart.com
- Social X
- Legal Name Takung Art Co., Ltd.
- Latest Funding Round$5M (USD), Post-IPO
Jul 2021
Products & Services of Takung Art
Takung Art offers a comprehensive portfolio of products and services, including News Platform and Content Updates.
Website providing access to articles on business and other topics.
Regular news delivery on food, games, and health categories.
Funding Insights of Takung Art
- Total Rounds 2
- Last Round Post-IPO — $5M
- First Round $5.8M
(Aug 2016)
- Investors Count 2
All 2 funding rounds of Takung Art 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 |
|---|---|---|---|---|---|
| Jul 2021 | $5M | Post-IPO | – | – | – |
| Aug 2016 | $5.8M | Debt – Conventional | – | – |
2 investors in total: 1 institutional and 1 angel.
Investors in Takung Art
Takung Art has secured backing from 2 investors, including institutional and angel investors. Prominent investors backing the company include Merit Crown and Jianping Mao.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
JM Jianping Mao | unknown_39563f4df24743b49 |
Investor details for Takung Art
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Takung Art
4 dated milestones of Takung Art across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Takung Art is founded.
- Funding First funding round of $5.8M.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO, of $5.0M.
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Related news about Takung Art
Complete news archive for Takung Art
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Takung Art
Takung Art was founded in 2012 and raised its 1st funding round 4 years after it was founded.
Takung Art is headquartered in Hong Kong, China.
Takung Art provides an online platform for trading artworks across categories such as paintings, calligraphies, jewellery and precious gems etc. Artwork is presented to the company by authorised agents and the value is appraised. The company then divides the artwork into equal ownership units (which can be traded through their app),allowing shared ownership among collectors and investors. As of August 31, 2016, they had 147 art listings, with an aggregate initial listing value of US35.13 million. The company has multiple revenue streams such as: listing fee in the range of 2.5-28 of the offering price, commission fee 0.2 of the transaction value, subscription fee from authorised agents. Apart from China, they have operations in Russia, Mongolia, Australia, New Zealand. The company reported revenues of 11.3 million in 2015.
Takung Art offers News Platform and Content Updates.
Takung Art has 2 investors. Key investors include Merit Crown, and Jianping Mao.
Takung Art operates through Takung Art Co., Ltd..