# Qingcong Media

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/qingcong-media

- Industry: Marketing/Advertising
- Headquarters: Guangzhou, China
- Website: www.qcxmt.com
- Latest round: Angel (Jul 21, 2015)
- Investors on record: 1

## About

Qingcong Media is a digital entertainment company focusing on live streaming and video content. It connects creators and audiences through interactive platforms, catering to diverse entertainment needs.Founded in 2014, Qingcong Media operates out of Guangzhou, China, providing live streaming solutions. The CEO is Xinxing Sang, and the founder, Justin Smith, has a background in media and technology. In July 2015, the company secured Angel financing from IDG Capital Partners, marking its first significant funding round. Qingcong Media has executed a total of 1 deal to date.Qingcong Media specializes in digital entertainment solutions with a focus on live streaming and video content. Their platform allows real-time interactions between content creators and viewers, encompassing a wide range of use cases from gaming to educational workshops. The company offers video navigation tools that improve user access to diverse content categories, targeting both entertainment seekers and content creators aiming for broader engagement across international markets, including North America, Europe, and parts of Asia.The revenue model of Qingcong Media is centered around subscription services and direct consumer transactions. Users can choose from various membership tiers that provide access to exclusive content and features, contributing to a recurring revenue stream. The flagship offering is a premium subscription that enables ad-free viewing and additional interactive features, with transactions available on a monthly or annual basis to accommodate user flexibility.Qingcong Media plans to expand its offerings and market reach significantly. They are currently developing new products aimed at enhancing user interaction and content diversity, with anticipated releases in early 2024. The company is targeting expansions into additional markets across Asia and Europe by mid-2025. Funding secured in July 2015 is expected to support these initiatives, which include product development and market entry strategies.

## Funding rounds

- Angel, Jul 21, 2015 — IDG Capital

## Investors

- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Angel