Xindong Network

Shanghai, China Founded: 2003 • Age: 23 yrs
Web-based PC games are developed by Xindong Network.
Annual revenue $699.2M Latest available
Total funding $39.3M 3 rounds
Employees 1400 Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Xindong Network

Xindong Network is a company based in Shanghai (China) founded in 2003 by Huang Yimeng. Xindong Network has raised $39.3 million across 3 funding rounds from investors including Bilibili, GF Securities and Orient Securities. The company has 1,400 employees as of December 31, 2024. Xindong Network operates in a competitive market with competitors including Playtika, Playco, World Golf Tour, Giant Interactive Group and Forgame, among others.

  • Headquarter Shanghai, China
  • Employees 1400 as on 31 Dec, 2024
  • Founders Huang Yimeng
  • Stage Public
  • Sectors
    Media & Entertainment
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Xd, Inc.
Operational Areas
Media & Entertainment → Gaming & Interactive Entertainment Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $699.16 M (USD)
    45.11
    as on Dec 31, 2024
  • Net Profit
    $113.29 M (USD)
    0
    as on Dec 31, 2024
  • EBITDA
    $139.06 M (USD)
    814.28
    as on Dec 31, 2024
  • Total Equity Funding
    $39.3 M (USD)

    in 3 rounds

  • Latest Funding Round
    $123.52 M (USD), Post-IPO

    Apr 01, 2021

  • Investors
    Bilibili

    & 2 more

  • Employee Count
    1400

    as on Dec 31, 2024

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IPO & Listings of Xindong Network

Xindong Network is a publicly listed company on the HKEX with ticker symbol 2400 in Hong Kong, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: HKEX · Ticker: 2400 · Sector: Technology services · Hong Kong

Funding Insights of Xindong Network

Xindong Network has successfully raised a total of $39.3M across 3 strategic funding rounds. The most recent funding activity was a Post-IPO round of $123.52 million completed in April 2021. 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 Xindong Network

Xindong Network has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Bilibili, GF Securities and Orient Securities.

All
Institutional
Investor Description Founded Year Domain Location
Anime videos are streamed and user content is hosted online.
Locked Locked Locked
Integrated financial services are offered by Orient Securities in China.
Locked Locked Locked
Provider of investment & asset management and financial services
Locked Locked Locked
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Investor details for Xindong Network

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Investments & Acquisitions by Xindong Network

Investments
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Investment portfolio details for Xindong Network

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Financial Statements - Xindong Network

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Detailed financials for Xindong Network

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Xindong Network Comparisons

Xindong Network Primary company
Description
Web-based PC games are developed by Xindong Network.
Location
Shanghai, China
Founded Year
2003
Annual Revenue
$699.16 M (USD)
Net Profit
$113.29 M (USD)
EBITDA
$139.06 M (USD)
Employees
1,400
As of 2024
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Peer comparison for Xindong Network

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Competitors of Xindong Network

Xindong Network 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 Playtika, Playco, World Golf Tour, Giant Interactive Group and Forgame, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Casual games are developed for mobile and web platforms.
Locked Locked Locked
Developer of social web games for PC and console
Locked Locked Locked
Golf-focused video games are developed and published independently.
Locked Locked Locked
MMO games are developed by a China-based company.
Locked Locked Locked
Web and mobile games are developed and published in China.
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Detailed competitors of Xindong Network

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Latest news on Xindong Network

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Complete news archive for Xindong Network

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Frequently Asked Questions about Xindong Network

Xindong Network was founded in 2003 and raised its 1st funding round 12 years after it was founded.

Xindong Network is headquartered in Shanghai, China.

Huang Yimeng is the current CEO of Xindong Network. They have also founded this company.

Xindong Network is a funded company, having raised a total of $39.3M across 3 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Xindong Network is 1,400.

Annual revenue of Xindong Network is $699.16M as on Dec 31, 2024.

Xindong Network was founded in 2003 and is headquartered in Shanghai, China. Web-based PC games, also known as browser games, are developed by the company for online play. Several titles, such as Shenxiandao, have been produced as part of its portfolio in the gaming sector. Operations center on creating accessible digital entertainment for PC users through web platforms. Leadership is provided by co-founder and CEO Huang Yimeng.

Xindong Network's top competitors include Playco, Playtika and World Golf Tour.

Yes, Xindong Network is publicly traded on HKEX under the ticker symbol 2400.

Xindong Network has 3 investors. Key investors include Bilibili, GF Securities, and Orient Securities.

The ticker symbol of Xindong Network is 2400 on HKEX.

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