# Beijing Moviebook Technology Corporation

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

- Industry: Marketing/Advertising
- Headquarters: Beijing, China
- Website: www.moviebook.com.cn
- Total disclosed funding: $313M
- Latest round: Series D (Sep 23, 2018)
- Investors on record: 18

## About

Beijing Moviebook Technology Corporation Limited specializes in digital media solutions, offering a platform for streaming movies and television content, catering to the growing demand for on-demand entertainment among consumers.Beijing Moviebook Technology Corporation Limited, founded in 2013 in Beijing, China, focuses on providing digital media solutions. The company has successfully completed 16 deals, with its most recent investment round occurring on February 3, 2021, where it raised CNY 680.00 mn from CCB International and CICC Capital. The total amount raised to date stands at CNY 680.00 mn, with no subsidiaries or parent companies mentioned.MovieBook specializes in offering a subscription-based video-on-demand service that grants users access to a diverse library of films and shows across various genres. The platform is designed to meet the increasing consumer demand for on-demand entertainment, allowing users to enjoy content anytime and anywhere on compatible devices. The company primarily targets individual consumers in urban areas with robust internet access and high entertainment consumption. Moreover, MovieBook is expanding its footprint into international markets, specifically targeting regions like Southeast Asia and Europe, where the demand for digital content is growing.In the most recent year reported, 2016, MovieBook generated revenue of CNY 46,460,769.20 and reported an EBITDA of CNY 4,820,942.50. The company's revenue structure is primarily based on subscription models, offering tiered pricing plans to allow users to choose from monthly or annual subscriptions, with added features available at higher tiers.Looking ahead, MovieBook plans to leverage its recent funding raised in February 2021 from New Oriental Education & Technology Group to develop new products and enhance its service offerings. The company is focusing on launching innovative features to improve user experience by the end of 2022. Additionally, MovieBook aims to expand into new geographic regions, particularly in Southeast Asia and Europe, where it sees significant growth potential. This strategic investment will support its initiatives to enhance the content library and drive subscriber growth.

## Funding rounds

- Series D, Sep 23, 2018, $29M — Yao Capital
- Series D, Aug 7, 2018, $199M — SB China Venture Capital, SenseTime Group Limited, Shenzhen Qianhai Wutong Mergers and Acquisitions Investment Fund, Langsheng Investment, Shanghai Oriental Pearl Group Co., Ltd.
- Series C, Aug 17, 2017, $75M — Export-Import Bank of China, Huatai Securities, Orient Securities Capital, China Galaxy Securities Co., Ltd., Guojin Capital, Zhongtai Securities
- Series C, Nov 14, 2016, $7.5M — Detong Capital, New Horizon Capital
- Series C, Nov 11, 2016 — New Horizon Capital
- Series B, Aug 5, 2015, $1.4M — New Horizon Capital
- Series A, Sep 28, 2014, $1.7M — Detong Capital, Zheshang Wanjia (Beijing) Venture Capital
- Angel, Jan 1, 2013 — Eagles Fund, Entertainment Works, Beijing Kunya Capital Management Co., Ltd.

## Investors

- Eagles Fund (https://capitalatlas.ai/funds/eagles-fund) — Angel
- Entertainment Works — Angel
- Beijing Kunya Capital Management Co., Ltd. — Angel
- Detong Capital (https://capitalatlas.ai/funds/detong-capital) — Series A, Series C
- Zheshang Wanjia (Beijing) Venture Capital (https://capitalatlas.ai/funds/zheshang-wanjia-beijing-venture-capital) — Series A
- New Horizon Capital — Series B, Series C
- Export-Import Bank of China — Series C
- Huatai Securities — Series C
- Orient Securities Capital — Series C
- China Galaxy Securities Co., Ltd. — Series C
- Guojin Capital (https://capitalatlas.ai/funds/guojin-capital) — Series C
- Zhongtai Securities — Series C
- SB China Venture Capital (https://capitalatlas.ai/funds/sb-china-venture-capital) — Series D
- SenseTime Group Limited — Series D
- Shenzhen Qianhai Wutong Mergers and Acquisitions Investment Fund (https://capitalatlas.ai/funds/shenzhen-qianhai-wutong-mergers-and-acquisitions-investment-) — Series D
- Langsheng Investment (https://capitalatlas.ai/funds/langsheng-investment) — Series D
- Shanghai Oriental Pearl Group Co., Ltd. — Series D
- Yao Capital (https://capitalatlas.ai/funds/yao-capital) — Series D