Damai.cn

Company

Investment-firm

Last deal

$14.65M
Local Amount - CNY 100M

Amount

Venture - Series Unknown

Stage

01.03.2010

Date

1

all rounds

$14.65M

Total amount

Financing round

General

About Company
Damai.cn is a leading e-commerce integration platform and entertainment community for online ticket booking in China.

Industry

Sector :

Subsector :

Keywords :

Also Known As

大麦, 北京红马传媒文化发展有限公司

founded date

01.01.2007

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

The company has diversified its transmission business to cover five major areas of cultural and creative industry domains, including entertainment, sports, tourism, internet, and software development. With over 10 years of experience, Damai.cn has chain stores covering the north, east, and central China, and provides an exclusive ticket booking system and marketing management teams for important entertainment and sport events in more than 30 cities of China. Founded in 2004, Damai Group represents the largest LIVE entertainment and distribution platform in China, providing over 10,000 all-round ticket ordering services for vocal concert, concert, drama, and sports events among others, with a domestic market share of over 70% in terms of marketable ticket business. Damai Group remains committed to the diversified, integrated marketing of the mass culture and sports business and has a strong track record in providing products and services for multiple creative industries, including culture, sports, entertainment, travel fair, and high-tech R&D.
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M&A Details
1

Acquired by

Alibaba Group

announced date

21.03.2017

Financials

Funding Rounds
1
1

Number of Funding Rounds

$14.65M

Money Raised

Their latest funding was raised on 01.03.2010. Their latest investor SIG China (SIG Asia Investments). Their latest round Venture - Series Unknown

Date 
Funding Round 
Investors 
Money Raised 
Lead 
01.03.2010
1
$14.65M
Local Amount - CNY 100M
Investments
1
Date 
name 
Lead 
type 
Raised 
18.05.2018
Yes
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count Of Exists

13

People

Founders
2

Cao Jie

current job

Damai.cn
Damai.cn

organization founded

1

Cao Jie

Feng Yuhong

current job

Damai.cn
Damai.cn

organization founded

1

Feng Yuhong

Employee Profiles
2

Cao Jie

Founder and CEO

Feng Yuhong

Founder

Activity

Recent News
2