# ilukuang.com

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ilukuang-com

- Industry: Media
- Headquarters: Beijing, China
- Website: www.ilukuang.com
- Total disclosed funding: $26M
- Latest round: Series A (Jun 21, 2016)
- Investors on record: 2

## About

Ilukuang.com is a domain name brokerage and management platform that facilitates secure transactions for the buying and selling of domain names, aimed at enhancing online presence for businesses and individuals.Founded in 2011 and headquartered in Beijing, China, Ilukuang.com specializes in domain name brokerage services. The company has raised a total of CNY 170 million in its Series A funding round on June 21, 2016, with investment from Legend Capital. It has successfully executed 2 deals since its inception.Ilukuang.com specializes in domain name brokerage and management services, primarily operating as a platform for the buying and selling of domain names. They ensure a secure and professional transaction process for both buyers and sellers, partnering with 4.cn, a globally recognized domain escrow service and ICANN-accredited registrar. This partnership enables clients to navigate the complexities of domain acquisition, appealing to startups, established businesses, and entrepreneurs seeking premium domain names for their branding strategies. Ilukuang.com serves a diverse geographical market, focusing on clients in Asia and beyond.Ilukuang.com generates revenue through its domain name brokerage services, using a commission-based transaction model. Each domain name offered for sale has a fixed listing price, exemplified by the CNY 999.00 price for ilukuang.com. The revenue is further supported by the escrow service partnership with 4.cn, ensuring security and efficiency in transactions. Clients typically purchase domain names outright, facilitating straightforward budgeting for businesses while fostering long-term relationships within the digital marketplace.Following the CNY 170 million raised in Series A funding from Legend Capital in June 2016, Ilukuang.com aims to enhance its platform and expand its services. The company is exploring the introduction of new products designed to streamline domain transactions further, with potential launch dates to be determined. Additionally, they plan to target new markets in Southeast Asia and Europe by the end of 2024, utilizing recent funding to support these strategic initiatives.

## Funding rounds

- Series A, Jun 21, 2016, $26M — Legend Capital
- Angel, Aug 1, 2012 — Sinovation Ventures

## Investors

- Sinovation Ventures (https://capitalatlas.ai/funds/sinovation-ventures) — Angel
- Legend Capital — Series A