# Yibencaijing.com

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

- Industry: Media
- Headquarters: Beijing, China
- Website: www.yibencaijing.com
- Total disclosed funding: $1.6M
- Latest round: Angel (May 28, 2018)
- Investors on record: 4

## About

Yibencaijing.com operates in the domain name brokerage sector, specializing in the buying and selling of internet domain names, providing a secure platform for both individuals and businesses to acquire digital assets.Founded in 2015 and headquartered in Beijing, China, Yibencaijing.com focuses on facilitating domain transactions. The company has not undergone significant pivots but has consistently concentrated on its core service of domain name brokerage. The company was co-founded by Karthikeyan K and Prashant S, with Madhusudan E serving as CEO. In May 2018, Yibencaijing.com raised CNY 10 million in an Angel funding round led by Innoangel Fund, with participation from BeeLabs, River Capital, and Singer Capital, bringing the total amount raised to CNY 10 million.Yibencaijing.com is primarily engaged in the domain name brokerage sector, specializing in the buying and selling of internet domain names. The core service offering revolves around facilitating domain transactions, providing clients with a seamless experience in acquiring or transferring digital assets. The platform operates through an escrow service model, ensuring that all transactions are secure and professionally managed. Customers include businesses and individuals seeking to establish an online presence, as well as existing domain owners looking to monetize their assets. Yibencaijing.com caters to a diverse client base, with services targeted at both domestic and international markets, particularly in regions with high demand for digital real estate, such as North America, Europe, and parts of Asia.Yibencaijing.com generates revenue primarily through the sale of domain names, with a fixed listing price set at CNY 2,986. The company employs a straightforward transaction structure, where clients make direct purchases of domain names listed on their platform. This model facilitates B2C transactions, allowing individual entrepreneurs and businesses to acquire digital assets for their online operations. Additionally, the company collaborates with 4.cn, a recognized domain escrow service provider, enhancing transaction security and efficiency. Revenue is influenced by the volume of successful domain transfers, and the streamlined process ensures that transactions are completed within an estimated timeframe of five business days.Following the recent Angel funding round in May 2018, which raised CNY 10 million, Yibencaijing.com plans to invest in enhancing its technology platform to facilitate more efficient domain transactions. The company aims to expand its services into new markets, particularly targeting regions in North America and Europe by 2025. This funding will support the development of innovative tools designed to streamline the buying and selling processes for clients.

## Funding rounds

- Angel, May 28, 2018, $1.6M — River Capital, BeeLabs, Singer Capital, Innoangel Fund

## Investors

- River Capital — Angel
- BeeLabs — Angel
- Singer Capital — Angel
- Innoangel Fund (https://capitalatlas.ai/funds/innoangel-fund) — Angel