# Manuka Bee

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/manuka-bee

- Industry: Consumer Products
- Headquarters: Shanghai, China
- Website: www.manukabee.com
- Total disclosed funding: $7.4M
- Latest round: Series A (Jul 26, 2017)
- Investors on record: 1

## About

Manuka Bee operates an online platform specializing in the sale of premium domain names, providing individuals and businesses with essential digital assets to strengthen their online presence.Founded in 2013 and headquartered in Shanghai, China, Manuka Bee focuses on facilitating premium domain name sales. The company has successfully secured funding through one Series A round, raising CNY 50 million from Sequoia Capital in July 2017. Xiangbin Zhu serves as both the founder and CEO of the company, guiding its operations and strategic direction.Manukabee.com specializes in the sale of premium domain names, targeting individuals and businesses seeking to establish a strong online presence. Their offerings consist of high-value domain names that are readily transferable, enabling customers to enhance their brand visibility and searchability on the internet. These domain names cater to various industries, including e-commerce, technology, and digital marketing, serving a diverse clientele that ranges from startups to established enterprises. The primary markets for these services extend globally, with a focus on regions such as North America, Europe, and Asia, where there is a high demand for unique digital assets. By facilitating the acquisition of desirable domain names, Manuka Bee addresses critical challenges faced by businesses in standing out in a crowded digital marketplace.The revenue structure for Manukabee.com is predominantly based on one-time sales transactions concerning domain name transfers. Clients interested in acquiring a domain name engage in direct negotiations, ultimately leading to a purchase agreement that finalizes the transfer. The transaction process typically includes a set fee for each domain, which reflects its market value and potential for branding. While specific pricing plans are not disclosed, transactions may vary depending on the uniqueness and desirability of the domain names involved. The company's business model supports a direct-to-consumer approach, allowing for straightforward transactions that ensure a seamless and efficient acquisition experience for clients seeking to elevate their online identity.In July 2017, Manuka Bee raised CNY 50 million in Series A funding from Sequoia Capital to support its growth initiatives. The company plans to expand its product offerings by introducing new premium domain names tailored for emerging industries and trends. Furthermore, Manuka Bee is targeting expansion into new geographic regions, specifically aiming to strengthen its presence in North America and Europe by 2025. The recent funding will be utilized to enhance marketing efforts and streamline operations, ensuring that potential clients have access to a wider range of domain options.

## Funding rounds

- Series A, Jul 26, 2017, $7.4M — Hong Shan

## Investors

- Hong Shan — Series A