# Beijing Kuaishou Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/beijing-kuaishou-technology

- Industry: Internet
- Headquarters: Beijing, China
- Website: www.kuaishou.com
- Total disclosed funding: $4.4B
- Latest round: Series F (Dec 3, 2019)
- Investors on record: 12

## About

Founded in 2011 and based in Beijing, China, Beijing Kuaishou Technology Ltd. is a short video content sharing platform where users can share life experiences through short videos and live streams. In January 2021, the company raised USD 2.450 billion in pre-IPO funding from new investors Abu Dhabi Investment Authority, BlackRock, Capital Group, CPP Investment Board, Fidelity International, GIC, Invesco Asset Management and Morgan Stanley. Returning investor Temasek Holdings and Boyu Capital also participated in this round. In February 2021, it raised HKD 42 billion in an IPO, selling 365.22 shares at HKD 115 per share on the Hong Kong Stock Exchange. 

Beijing Kuaishou Technology Ltd.'s web application development team offers video-sharing and social networking solutions that enable users to upload and share short recorded videos on entertainment or educational content. Other services include live streaming, online games, online marketing, and an e-commerce platform for the general public and businesses.

The company generates revenue through the virtual gifting system offered to live streamers and e-commerce transactions with businesses. 

Beijing Kuaishou Technology Ltd. plans to use the net proceeds of the global offering to enhance its ecosystem, strengthen its R&D (research and development), technological capabilities, acquire or invest in products, services, and businesses that are complementary and in line with the company’s philosophy and growth strategies.

## Funding rounds

- Series F, Dec 3, 2019, $3B — Hong Shan, Temasek Holdings, YF Capital, Boyu Capital, Tencent Investment
- Series E, Jan 25, 2018, $1B — Hong Shan, DCM, 5Y Capital, Tencent Investment, BC Capital
- Series D, Mar 23, 2017, $350M — Tencent Investment, China Renaissance
- Series C, Mar 1, 2016 — Baidu, Inc., CMC Capital Partners, Lighthouse Capital
- Series C, Jan 1, 2015 — DCM, 5Y Capital
- Series B, Jun 1, 2014, $10M — Hong Shan, DCM, 5Y Capital
- Series A, Apr 26, 2013 — Hong Shan, 5Y Capital
- Seed, Jun 3, 2012 — 5Y Capital
- Angel, Apr 17, 2012, $0.3M — 5Y Capital

## Investors

- 5Y Capital (https://capitalatlas.ai/funds/5y-capital) — Angel, Seed, Series A, Series B, Series C, Series E
- Hong Shan — Series A, Series B, Series E, Series F
- DCM (https://capitalatlas.ai/funds/dcm) — Series B, Series C, Series E
- Baidu, Inc. — Series C
- CMC Capital Partners (https://capitalatlas.ai/funds/cmc-capital-partners) — Series C
- Lighthouse Capital (https://capitalatlas.ai/funds/lighthouse-capital) — Series C
- Tencent Investment — Series D, Series E, Series F
- China Renaissance (https://capitalatlas.ai/funds/china-renaissance) — Series D
- BC Capital — Series E
- Temasek Holdings — Series F
- YF Capital (https://capitalatlas.ai/funds/yf-capital) — Series F
- Boyu Capital (https://capitalatlas.ai/funds/boyu-capital) — Series F