Gaopeng

Company

Investment-firm

Last deal

Amount

Series D

Stage

01.01.2013

Date

3

all rounds

$50M

Total amount

Financing round

General

About Company
Gaopeng.com is a Chinese group-buying website that offers discounts to customers at local merchants via daily emails.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2011

Number of employees

Company Type

For Profit

Last funding type

Series D

IPO status

Private

Description

The online platform, which was launched in 2011, is financed by Groupon and Tencent, and offers discounts for lifestyle consumer group-buying in China, including dining, drinking, and entertainment. Gaopeng.com merged with Ftuan.com in 2012 to form Wangluotianxia, with Tencent and Groupon investing 40 million U.S. dollars in the new company. The platform combines Groupon's global group-buying expertise with Tencent's large user base, making it a major player in the Chinese market.
Contacts
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Money Raised

Their latest funding was raised on 01.01.2013. Their latest investor Mitsui Global Investment. Their latest round Series D

Date 
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Investors 
Money Raised 
Lead 
01.01.2013
1
01.10.2011
2
$15M
01.03.2011
2
$10M
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1
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type 
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No
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Local Amount - CNY 100M
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1

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People

Founders
1
Raphael Strauch
Raphael Strauch

Raphael Strauch

Before founding Nova Founders Capital, Raphael worked as a Global Partner and Managing Director at Rocket Internet and as Managing Director at Groupon in Asia. Prior to this, Raphael was in Investment Banking at Goldman Sachs and Lazard in London and Frankfurt where he was involved in major European IPOs and equity transactions. Raphael holds a Master in Business Administration from Vienna University of Economics and Business Administration, and as of today has started over 30 companies globally.

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Employee Profiles
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Raphael Strauch

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Co-Founder and Managing Director

Ning Lin

CEO

Activity

Recent News
0