About Wepiao
Wepiao is a Media & Entertainment company based in Beijing (China) founded in 2014. Movie ticketing services are provided via WeChat and QQ integration. Wepiao has raised $802 million across 5 funding rounds from investors including Tencent, iDreamSky and Wanda Group. The company has 176 employees. Wepiao was last valued at $2 billion in April 2016. Its focus areas include Online Event Ticketing, Movies and Marketplace. Its competitors include Maoyan, Mtime and Taobao movie; 3 of its 3 listed competitors have raised funding.
Company details
Wepiao is a movie ticketing platform. Can also be accessed through WeChat, as well as QQ, Tencents instant messaging platform. This allows users to buy tickets. Besides purchasing tickets, WePiao users can also select their seats and order popcorn and drinks. Claims to have partnerships with 4,500 movie theaters and 1,200 stadium and exhibition centers. It also collaborates with the Chinese Super League and the Chinese Basketall Association. Investors include WeChat maker Tencent, Wanda Group, Chinese film investment fund Wenzi Huasha etc. Announced merger with rival Gewara in Dec 2015.
- Headquarters Beijing, China
- Employees 176
- Stage Unicorn
- SectorsMedia & Entertainment
- Website wepiao.com
- Social LinkedIn
- Total Equity Funding$802M (USD)
in 5 rounds
- Latest Funding Round$462M (USD), Series C
Apr 2016
- InvestorsTencent
& 15 more
- Employee Count176
Funding Insights of Wepiao
Wepiao has successfully raised a total of $802M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $462 million completed in April 2016. 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 $802M
- Total Rounds 5
- Last Round Series C — $462M
- Investors Count 16
All 5 funding rounds of Wepiao 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 |
|---|---|---|---|---|---|
| Jun 2016 | Series C | – | – | ||
| Apr 2016 | $462M | Series C | $2B | – | |
| Nov 2015 | $235M | Series C | – | – | |
| Apr 2015 | $105M | Series B | – | Wanda Group, Tencent | – |
| Jun 2014 | Series A | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2016 | $2B | •••••••• |
Full valuation and stage history of Wepiao
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Verified entity values are shown only after access is granted.
Last known valuation $2B (Apr 2016). 16 investors in total: 16 institutional.
Investors in Wepiao
Wepiao has secured backing from 16 investors, including venture fund and institutional investors. Prominent investors backing the company include Tencent, iDreamSky and Wanda Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture Capital firm focused on multiple sectors | legendcapital.com.cn | Haidian, China | ||
Venture capital is invested in cybersecurity, fintech, and AI startups. | ggvc.com | Menlo Park, United States | ||
Private equity investments in Asia are managed by Southern Capital. | southerncapitalgroup.com | Singapore, Singapore | ||
| chinaxy-fund.com | ||||
Investment banking services are provided by CEC Capital in China. | ceccapitalgroup.com | Beijing, China | ||
Buyouts are targeted through private equity investments by the firm. | 2001 | bisoncapital.com | Santa Monica, United States | |
Multi-asset investment platform partnering with Asian founders for business growth. | 2000 | graniteasia.com | Singapore, Singapore | |
| wr-capital.com | ||||
Motor vehicle repair services are provided in Nairobi. | 1948 | cmcmotors.com | Nairobi, Kenya | |
Value-added internet, mobile, and telecom services are provided in China. | 1998 | tencent.com | Shenzhen, China |
Investor details for Wepiao
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Timeline of Wepiao
4 dated milestones of Wepiao across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Wepiao is founded.
- Funding First funding round.
- Milestone Reaches Unicorn status.
- Funding Latest funding round, Series C, of $462.0M.
Competitors of Wepiao
Wepiao has 3 listed competitors in our database, 3 of them funded. They include Maoyan, Mtime and Taobao movie.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| maoyan.com | 2013 | Beijing, China | $395.82M | Movie tickets are booked through the Maoyan app in China. | ||
| mtime.com | 2005 | Beijing, China | $14M | Movie information, reviews, tickets, and merchandise are offered online. | ||
| dianying.taobao.com | 2014 | Hangzhou, China | $260.19M | Movie tickets and seats are booked online in Chinese theaters. |
Detailed competitors of Wepiao
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Verified entity values are shown only after access is granted.
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Related news about Wepiao
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Frequently Asked Questions about Wepiao
Wepiao was founded in 2014.
Wepiao is headquartered in Beijing, China. It is registered at Beijing, Beijing, China.
Wepiao is a funded company, having raised a total of $802M across 5 funding rounds to date.
Wepiao has 176 employees.
Wepiao is a movie ticketing platform. Can also be accessed through WeChat, as well as QQ, Tencents instant messaging platform. This allows users to buy tickets. Besides purchasing tickets, WePiao users can also select their seats and order popcorn and drinks. Claims to have partnerships with 4,500 movie theaters and 1,200 stadium and exhibition centers. It also collaborates with the Chinese Super League and the Chinese Basketall Association. Investors include WeChat maker Tencent, Wanda Group, Chinese film investment fund Wenzi Huasha etc. Announced merger with rival Gewara in Dec 2015.
Wepiao's top competitors include Maoyan, Mtime and Taobao movie.
Wepiao has 16 investors. Key investors include Tencent, iDreamSky, Wanda Group, New Hope Group, and Bison Capital.
The valuation of Wepiao is $2B as of Apr 2016.