# KooXoo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kooxoo

- Industry: Internet
- Headquarters: China
- Website: www.kooxoo.com
- Total disclosed funding: $12M
- Latest round: Series B (Sep 19, 2006)
- Investors on record: 2

## About

KooXoo operates as a comprehensive live sports streaming platform, specializing in basketball and football. It serves a diverse audience by delivering real-time broadcasts of major sports events globally.KooXoo is a live sports streaming platform focused on basketball and football. It was acquired by Meituan.com in July 2015 from TripAdvisor. The company is headquartered in China. The founder's history is not publicly detailed.KooXoo primarily offers a comprehensive platform for live sports streaming, with a focus on basketball and football, catering to both domestic and international audiences. The company provides a wide array of live broadcasts, including high-profile events such as the NBA, CBA, UEFA Champions League, and various domestic leagues across several countries, including England, Spain, Germany, and Italy. Targeting sports enthusiasts, KooXoo aims to solve accessibility issues by delivering real-time sports content, enabling fans to watch games live without geographical restrictions. Its offerings include seamless streaming of matches, highlights, and sports news, appealing to a diverse client base that includes sports fans, casual viewers, and dedicated sports analysts. The geographical markets served by KooXoo extend beyond the local Chinese market, reaching audiences in regions such as Southeast Asia, Europe, and North America, where sports viewership is significant.KooXoo generates revenue through a subscription-based model that allows users to access various live sports events. Customers can opt for different pricing tiers, which provide varying levels of service, such as standard access to selected games or premium packages that include exclusive content and features. The revenue structure is designed to accommodate both direct-to-consumer sales and potential partnerships with retailers or other platforms that may promote KooXoo’s services. Transactions typically involve monthly or annual subscriptions, providing a consistent revenue stream as sports fans commit to staying connected with their favorite teams and leagues. Notably, flagship offerings include live broadcasts of major tournaments and leagues, fostering high user engagement and retention among sports enthusiasts.KooXoo intends to leverage recent funding from its Series B round, which raised USD 10.00 mn in July 2015, to support the development of new products and expand into new geographic markets. The company is exploring enhanced technology for live streaming and plans to introduce additional sports content by the end of 2023. Additionally, KooXoo is targeting expansion into Southeast Asia and North America, with strategic initiatives aimed to enhance its market presence in these regions.

## Funding rounds

- Series B, Sep 19, 2006, $10M — Ceyuan Ventures, SIG Asia Investment
- Series A, Apr 1, 2006, $2M — Ceyuan Ventures

## Investors

- Ceyuan Ventures (https://capitalatlas.ai/funds/ceyuan-ventures) — Series A, Series B
- SIG Asia Investment (https://capitalatlas.ai/funds/sig-asia-investment) — Series B