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
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Xd, Inc.
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Annual Revenue
$699.16 M (USD)45.11as on Dec 31, 2024
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Net Profit
$113.29 M (USD)1058.89as on Dec 31, 2024
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EBITDA
$139.06 M (USD)814.28as on Dec 31, 2024
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Total Equity Funding
$39.3 M (USD)
in 3 rounds
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Latest Funding Round
$123.52 M (USD), Post-IPO
Apr 01, 2021
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Investors
Bilibili
& 2 more
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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.
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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Post-IPO — $123.5M
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First Round
First Round
(01 Sep 2015)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Post-IPO - Xindong Network | Valuation |
investors |
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| Apr, 2017 | Amount | Series A - Xindong Network | Valuation |
investors |
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| Sep, 2015 | Amount | Series A - Xindong Network | Valuation |
investors |
| 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 |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Anime videos are streamed and user content is hosted online.
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Founded Year | Domain | Location | |
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Integrated financial services are offered by Orient Securities in China.
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Founded Year | Domain | Location | |
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Provider of investment & asset management and financial services
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Xindong Network
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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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 - Xindong Network
| 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 |
Xindong Network Comparisons
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. 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 |
Casual games are developed for mobile and web platforms.
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| domain | founded_year | HQ Location |
Developer of social web games for PC and console
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| domain | founded_year | HQ Location |
Golf-focused video games are developed and published independently.
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| domain | founded_year | HQ Location |
MMO games are developed by a China-based company.
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| domain | founded_year | HQ Location |
Web and mobile games are developed and published in China.
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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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Latest news on Xindong Network
Frequently Asked Questions about Xindong Network
When was Xindong Network founded?
Xindong Network was founded in 2003 and raised its 1st funding round 12 years after it was founded.
Where is Xindong Network located?
Xindong Network is headquartered in Shanghai, China.
Who is the current CEO of Xindong Network?
Huang Yimeng is the current CEO of Xindong Network. They have also founded this company.
Is Xindong Network a funded company?
Xindong Network is a funded company, having raised a total of $39.3M across 3 funding rounds to date. The company's 1st funding round was a Series A of $39.3M, raised on Sep 01, 2015.
How many employees does Xindong Network have?
As of Dec 31, 2024, the latest employee count at Xindong Network is 1,400.
What is the annual revenue of Xindong Network?
Annual revenue of Xindong Network is $699.16M as on Dec 31, 2024.
What does Xindong Network do?
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.
Who are the top competitors of Xindong Network?
Xindong Network's top competitors include Playco, Playtika and World Golf Tour.
Is Xindong Network publicly traded?
Yes, Xindong Network is publicly traded on HKEX under the ticker symbol 2400.
Who are Xindong Network's investors?
Xindong Network has 3 investors. Key investors include Bilibili, GF Securities, and Orient Securities.
What is Xindong Network's ticker symbol?
The ticker symbol of Xindong Network is 2400 on HKEX.
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