# China Concord Alliance Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/china-concord-alliance-co

- Industry: Insurance
- Headquarters: Beijing, China
- Website: www.eccac.com
- Total disclosed funding: $18M
- Latest round: Series A (Jun 1, 2006)
- Investors on record: 2

## About

China Concord Alliance Co. Ltd is focused on the sale and leasing of domain names, offering customers flexible purchasing options to establish their online presence.Established in Beijing, China, China Concord Alliance Co. Ltd specializes in domain name transactions. The company has engaged in various deals, with its most recent deal occurring on August 31, 2007, when it raised USD 18.00 mn in a Series A funding round, attracting investments from SIG Asia Investment and Sequoia Capital. The firm operates independently without any known parent or subsidiary relationships, and there is no available information about the founder's previous ventures.The company specializes in the sale and leasing of domain names, allowing customers to purchase a domain outright or enter into a lease-to-own agreement. Their flagship product, the domain eccac.com, is available for immediate purchase at a price of USD 900, or through a lease option at USD 100 per month. Services are targeted at small businesses, entrepreneurs, and individuals looking to establish an online presence, offering a seamless transaction experience with secure payments and free transaction support, while accommodating various local currencies during checkout.The company generates revenue primarily through direct sales and leasing agreements of domain names. Customers can buy the domain name eccac.com for USD 900, ensuring a straightforward transfer process that includes secure payment methods and transaction support. Alternatively, customers may opt for the lease-to-own model, paying USD 100 monthly until ownership is achieved, enabling the company to cater to both immediate buyers and those seeking a gradual financial commitment.Moving forward, China Concord Alliance Co. Ltd plans to design and launch new products aimed at enhancing its domain leasing services, although specific release dates have not been disclosed. The company is also looking to expand into new markets, particularly targeting regions in North America and Europe by the end of 2024. The recent funding of USD 18.00 mn from its Series A round will support these initiatives, including enhancing product offerings and market penetration strategies.

## Funding rounds

- Series A, Jun 1, 2006, $18M — Hong Shan, SIG Asia Investment

## Investors

- Hong Shan — Series A
- SIG Asia Investment (https://capitalatlas.ai/funds/sig-asia-investment) — Series A