# Damai.cn

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/damai-cn

- Industry: Internet
- Headquarters: Beijing, China
- Website: www.damai.cn
- Total disclosed funding: $18M
- Latest round: Series B (Apr 1, 2010)
- Investors on record: 2

## About

Founded in 2004 and based in Beijing, China, Damai.cn is a cultural media development company that provides online ticket transaction services. In 2005, the company launched Damai Ticketing and Damai Entertainment sectors. In 2017, it became a wholly-owned subsidiary of Alibaba Group. In September 2023, Alibaba Pictures fully acquired Damai.cn for HKD 1.3 billion.

The company's main business is online ticket transaction services. Its business covers concerts, dramas, musicals, sports events, music and entertainment, parent-child, exhibition and leisure and other fields.

## Funding rounds

- Series B, Apr 1, 2010, $15M — Legend Capital, SIG Asia Investment
- Series A, Jan 1, 2005, $3.6M — Legend Capital

## Investors

- Legend Capital — Series A, Series B
- SIG Asia Investment (https://capitalatlas.ai/funds/sig-asia-investment) — Series B