About Woqu
Woqu is a Travel & Hospitality company based in Shenzhen (China) founded in 2014 by Leo Wang and Zhiwen Huang. Outbound travel products for Chinese tourists are offered by Woqu. Woqu has raised $45 million across 3 funding rounds from investors including Tencent, Lightspeed China Partners and Morningside China. Its chief executive, as recorded, is Zhiwen Huang. Its focus areas include Consumer, Online Travel, Horizontal and Online Agency.
Company details
Woqu is a chinese travel website for outbound Chinese tourists. Offers thousands of DIY travel and semi-independent travel products including hotels, car rental, airport transfer, local tours and activities, visa, insurance, SIM card etc. Maintains direct supplier relationship, which removes exploitative middlemen. It started with US being the only destination country. Now they cover Australia, New Zealand, Canada etc. It received series B funding from Tencent and Morningside ventures.
- Headquarters Shenzhen, China
- Founders Leo Wang, Zhiwen Huang
- SectorsTravel & Hospitality
- Website woqu.com
- Total Equity Funding$45M (USD)
in 3 rounds
- Latest Funding Round$25M (USD), Series C
Mar 2017
- InvestorsTencent
& 2 more
Funding Insights of Woqu
Woqu has successfully raised a total of $45M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $25 million completed in March 2017. 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 $45M
- Total Rounds 3
- Last Round Series C — $25M
- Investors Count 3
All 3 funding rounds of Woqu 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 |
|---|---|---|---|---|---|
| Mar 2017 | $25M | Series C | – | Lightspeed China Partners | – |
| Sep 2014 | $20M | Series B | – | Tencent | |
| Apr 2014 | Series A | – | Morningside | – |
3 investors in total: 3 institutional.
Investors in Woqu
Woqu has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Tencent, Lightspeed China Partners and Morningside China.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital services are offered by Lightspeed China Partners in technology sectors focused on China. | lightspeedcp.com | |||
Value-added internet, mobile, and telecom services are provided in China. | 1998 | tencent.com | Shenzhen, China | |
VC and private equity investments are made in China-US companies. | morningside.com.cn | Shanghai, China |
Investor details for Woqu
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- Complete investor list
- Round participation
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People of Woqu
2 people are tracked at Woqu (2 in leadership).
| Name | Role | Group |
|---|---|---|
Leo Wang | Co-Founder & VP | Leadership |
Zhiwen Huang | Co-Founder & CEO | Leadership |
Complete people profiles for Woqu
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Timeline of Woqu
3 dated milestones of Woqu across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Woqu is founded.
- Funding First funding round.
- Funding Latest funding round, Series C, of $25.0M.
Web traffic of Woqu
Websites that share an audience with Woqu (woqu.com).
Websites whose visitors overlap most with Woqu. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
cn.toursforfun.com | cn.toursforfun.com | 100% | – | ||
usitrip.com | usitrip.com | 94% | #171,642 | – | |
manytour.com | manytour.com | 91% | – | ||
aotrip.net | aotrip.net | 83% | #8,298,540 | – | |
adventuresbydisney.com | adventuresbydisney.com | 82% | #233,332 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 20 similar websites and full traffic analytics for Woqu
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- 20 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Woqu
Complete news archive for Woqu
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Frequently Asked Questions about Woqu
Woqu was founded in 2014.
Woqu is headquartered in Shenzhen, China. It is registered at Shenzhen, Guangdong, China.
Zhiwen Huang is the CEO of Woqu, as recorded in our data. They have also founded this company.
Woqu is a funded company, having raised a total of $45M across 3 funding rounds to date.
Woqu is a chinese travel website for outbound Chinese tourists. Offers thousands of DIY travel and semi-independent travel products including hotels, car rental, airport transfer, local tours and activities, visa, insurance, SIM card etc. Maintains direct supplier relationship, which removes exploitative middlemen. It started with US being the only destination country. Now they cover Australia, New Zealand, Canada etc. It received series B funding from Tencent and Morningside ventures.
Woqu has 3 investors. Key investors include Tencent, Lightspeed China Partners, and Morningside China.