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Wepiao - About the company

Wepiao is a series C company based in Beijing (China), founded in 2014. It operates as a Movie ticketing platform. Wepiao has raised $802M in funding from investors like Tencent, Wanda Group and Gangtai Group, with a current valuation of $2B. The company has 7 active competitors, including 3 funded and 3 that have exited. Its top competitors include companies like Maoyan, Mtime and Taobao movie.

Sectors and market segments that Wepiao operate in

Wepiao serves in the Media & Entertainment market segments.The primary business model of Wepiao is:

Company Details

Wepiao is a movie ticketing platform. Can also be accessed through WeChat, as well as QQ, Tencent’s 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.
Key Metrics
Founded Year
2014
Location
Beijing, China
Stage
Series C
Total Funding
$802M in 5 rounds
Latest Funding Round
Post Money Valuation
$2B as on Apr 27, 2016
Investors
Ranked
Employee Count
179 as on Apr 30, 2026
Investment & Acquisitions
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Wepiao's funding and investors

Wepiao has raised a total funding of $802M over 5 rounds. Its first funding round was on 2014. Its latest funding round was a Series C round on 2016 for an undisclosed amount. 3 investors participated in its latest round. Wepiao has 15 institutional investors.

Here is the list of recent funding rounds of Wepiao:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
2016
Undisclosed
Series C
-
-
-
Apr 27, 2016
$462M
Series C
$2B
-
-
Nov 18, 2015
$235M
Series C
-
-
-
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Wepiao's founders and board of directors

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Wepiao's employee count trend

Wepiao has 179 employees as of Apr 26. Here is Wepiao's employee count trend over the years:
Employee count trend for Wepiao
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Wepiao's Competitors and alternates

Top competitors of Wepiao include Maoyan, Mtime and Taobao movie. Here is the list of Top 10 competitors of Wepiao, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Maoyan
Maoyan
2013, Beijing (China), Public
Movie ticketing platform
$396M
55/100
2nd
Logo for Wepiao
Wepiao
2014, Beijing (China), Series C
Movie ticketing platform
$802M
51/100
3rd
Logo for Mtime
Mtime
2005, Beijing (China), Acquired
Movie review, information, merchandize and ticket selling platform
$14M
45/100
4th
Logo for Taobao movie
Taobao movie
2014, Hangzhou (China), Series A
Online movie ticketing platform (Part of Alibaba pictures)
$260M
38/100
5th
Logo for Street Food Cinema
Street Food Cinema
2012, Los Angeles (United States), Unfunded
Online event ticketing marketplace provider
-
-
27/100
6th
Logo for Wang Piao
Wang Piao
2004, Beijing (China), Series B
Online platform to book movie tickets
$4.4M
27/100
7th
Logo for Spider
Spider
2006, Shanghai (China), Deadpooled
Online ticketing portal for movies and events + retailer of magazines and movie themed products
-
-
20/100
8th
Logo for Maizuo
Maizuo
2008, Shenzhen (China), Acquired
Online platform to book movie tickets
-
19/100
9th
Logo for Komovie
Komovie
2011, Beijing (China), Deadpooled
Online platform to book tickets for movies
$1.56M
19/100
10th
Logo for Gopiaowu
Gopiaowu
2013, Beijing (China), Deadpooled
Online Movie and Event Ticketing Service
-
-
15/100
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Wepiao's Investments and acquisitions

Wepiao has not made any acquisitions yet. Wepiao has made 5 investments.
Here is the list of latest three $investments:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jan 16, 2018
Investments
2015
Haidian (China)
May 27, 2016
Investments
1996
Seoul (South Korea)
May 2016
Investments
2014
Shanghai (China)
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News related to Wepiao

China ticket booking site Weiying raises $462m | AVCJAsian Venture Capital JournalApr 27, 2016Wepiao, Tencent, iDreamSky
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