# 360haoyao

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/360haoyao

- Industry: Pharmaceuticals
- Headquarters: Guangzhou, China
- Website: www.360haoyao.com
- Total disclosed funding: $15M
- Latest round: Series A (May 26, 2016)
- Investors on record: 2

## About

360haoyao is a domain brokerage service that specializes in facilitating the buying and selling of domain names, providing clients with a platform to acquire unique web addresses for their online business presence.360haoyao operates out of Guangzhou, China, providing a dedicated platform for domain brokerage. Founded by Hua Chen, who has a history in the industry, the company raised CNY 100 million in Series A financing in May 2016 from investors Lilly Asia Ventures and SoftBank China Capital. The total amount raised to date also stands at CNY 100 million. The company has not undergone significant strategic pivots since its inception.360haoyao.com primarily operates as a domain brokerage service, facilitating the buying and selling of domain names for clients. The company offers a platform where domain names are listed for sale, allowing individuals and businesses to acquire unique web addresses for their online presence. Their client base includes both individual entrepreneurs and corporate entities looking for memorable and relevant domain names to enhance their branding efforts. The company targets a global market, catering to clients across various regions, including Asia, Europe, and North America, reflecting the universal demand for domain acquisition in a digitally connected world.The revenue model for 360haoyao.com is centered around transaction-based fees derived from domain name sales facilitated through their platform. When a client decides to purchase a domain, they engage with the company to initiate the transaction, typically processed through an escrow service to ensure secure financial exchanges. The pricing structure includes a one-time listing fee for domain names, with specific listings priced at CNY 19,546.00 for prominent domains. The transactions are structured as direct sales to consumers, with the potential for partnerships establishing a broader marketplace for domain transactions, allowing for efficient client participation in the domain market.360haoyao aims to enhance its offerings by developing new products that will expand its platform capabilities, though specific details on upcoming releases have not been provided. The company is also considering expansion into new geographic markets, particularly focusing on regions in Europe and North America by 2025. The recent funding of CNY 100 million raised in May 2016 will be utilized to support these growth initiatives, enhancing marketing efforts and technology development to better serve their client base.

## Funding rounds

- Series A, May 26, 2016, $15M — SB China Venture Capital, Lilly Asia Ventures

## Investors

- SB China Venture Capital (https://capitalatlas.ai/funds/sb-china-venture-capital) — Series A
- Lilly Asia Ventures (https://capitalatlas.ai/funds/lilly-asia-ventures) — Series A