About WorldFriends
WorldFriends is a company based in Shanghai (China) founded in 1999.. WorldFriends has raised $2.5 million across 1 funding round. WorldFriends operates in a competitive market with competitors including Breadtrip, Ijianren, Dangkr, Dabanwan and Iloho, among others.
- Headquarter Shanghai, China
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Sectors
Travel & HospitalityMedia & Entertainment
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.5 M (USD)
in 1 rounds
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Latest Funding Round
$2.5 M (USD), Unspecified
Mar 02, 2007
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Investors
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Employee Count
Employee Count
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Funding Insights of WorldFriends
WorldFriends has successfully raised a total of $2.5M through 1 strategic funding round. The most recent funding activity was a Unspecified round of $2.5 million completed in March 2007. 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 Total Funding
- Total Rounds 1
- Last Round Unspecified — $2.5M
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First Round
First Round
(02 Mar 2007)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2007 | Amount | Unspecified - WorldFriends | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by WorldFriends
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - WorldFriends
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Worldfriends Comparisons
Competitors of WorldFriends
WorldFriends 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 Breadtrip, Ijianren, Dangkr, Dabanwan and Iloho, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Platform for sharing travelogues and providing personalized recommendations.
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| domain | founded_year | HQ Location |
A mobile app connecting users to find travel companions for trips.
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| domain | founded_year | HQ Location |
Offers a mobile app to connect users with travel partners in their area.
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| domain | founded_year | HQ Location |
Mobile to discover other travellers
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| domain | founded_year | HQ Location |
Social network for travelers
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about WorldFriends
When was WorldFriends founded?
WorldFriends was founded in 1999 and raised its 1st funding round 8 years after it was founded.
Where is WorldFriends located?
WorldFriends is headquartered in Shanghai, China.
Is WorldFriends a funded company?
WorldFriends is a funded company, having raised a total of $2.5M across 1 funding round to date. The company's 1st funding round was a Unspecified of $2.5M, raised on Mar 02, 2007.
What does WorldFriends do?
WorldFriends was founded in 1999 in Shanghai, China, within the social networking sector. An online platform is provided for travel enthusiasts to connect with individuals from various countries. Cultures and experiences are shared among users, supporting international interactions. Operations are based on the domain worldfriends.com, with a focus on global cultural exchange and user engagement.
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