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
Ranked
2nd among 7 active competitors
Employee Count
179 as on Apr 30, 2026
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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:
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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 | - | - | - |
View details of Wepiao's funding rounds and investors
Wepiao's founders and board of directors
Founder? Claim ProfileWepiao's employee count trend
Wepiao has 179 employees as of Apr 26. Here is Wepiao's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Movie ticketing platform | $396M | 55/100 | ||
2nd | Movie ticketing platform | $802M | 51/100 | ||
3rd | Movie review, information, merchandize and ticket selling platform | $14M | 45/100 | ||
4th | Taobao movie 2014, Hangzhou (China), Series A | Online movie ticketing platform (Part of Alibaba pictures) | $260M | 38/100 | |
5th | Street Food Cinema 2012, Los Angeles (United States), Unfunded | Online event ticketing marketplace provider | - | - | 27/100 |
6th | Online platform to book movie tickets | $4.4M | 27/100 | ||
7th | Online ticketing portal for movies and events + retailer of magazines and movie themed products | - | - | 20/100 | |
8th | Online platform to book movie tickets | - | 19/100 | ||
9th | Online platform to book tickets for movies | $1.56M | 19/100 | ||
10th | Online Movie and Event Ticketing Service | - | - | 15/100 |
Looking for more details on Wepiao's competitors? Click here to see the top ones
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:
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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) |
See all investments by Wepiao
News related to Wepiao
•
Maoyan-Weiying Merger Creates Giant In China’s Online Ticketing MarketChina Money Network•Sep 22, 2017•Wepiao, Maoyan
•
China ticket booking site Weiying raises $462m | AVCJAsian Venture Capital Journal•Apr 27, 2016•Wepiao, Tencent, iDreamSky
•
GGV, Tencent Join $235M Series C Round In Wepiao – China Money NetworkChina Money Network•Nov 18, 2015•Wepiao, Wanda Group, Notable Capital, Tencent and 4 others
•
Ticket Booking Startup Beijing Weiying Raises $105M From Investors Including TencentTechCrunch+•Apr 27, 2015•Wepiao, Wanda Group, Tencent, Gangtai Group and 2 others
•
Weiying Technology has raised $694m from TencentDeal Street Asia•Wepiao, Tencent, Bison Capital, iDreamSky
•
Tech in Asia - Connecting Asia's startup ecosystemTech in Asia•Wepiao, Wanda Group, Tencent, Gangtai Group and 2 others
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