# Zhejiang Yushi Network Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zhejiang-yushi-network-technology

- Industry: Software
- Headquarters: Shaoxing, China
- Website: www.zjyushi.com
- Total disclosed funding: $11M
- Latest round: Series B (Nov 11, 2016)
- Investors on record: 4

## About

Established in 2015 and based in Shaoxing, China, Zhejiang Yushi Network Technology is an Internet company engaged in the game industry ecosystem. The company has branches in various locations including Guangzhou for R&D and distribution, and has expanded its presence by establishing subsidiaries in multiple provinces across China such as Jiangxi, Henan, etc. In November 2016, the company closed a round of series B funding.

The company operates a B2B distribution platform known as Game Cat, which aims to solve content distribution issues for manufacturers. Additionally, it has a game distribution arm called Haodong Games, focused on game development and distribution, and a transaction platform called Jiaoyi Hu, established in 2017, which mainly deals with the trade of virtual game props and account transactions. The company also provides operational services through Yu Tuo Technology, catering to the needs of various publishers.

The company generates revenue by providing comprehensive services in the mobile gaming industry, including game distribution, virtual prop trading, and operational support.

## Funding rounds

- Series B, Nov 11, 2016 — United Fund, Yikai Capital, Hangzhou High Technology Investment
- Series A, Jan 29, 2016, $7.6M — Sinowisdom, United Fund, Yikai Capital
- Angel, Jun 1, 2015, $3.3M — Sinowisdom

## Investors

- Sinowisdom (https://capitalatlas.ai/funds/sinowisdom) — Angel, Series A
- United Fund (https://capitalatlas.ai/funds/united-fund) — Series A, Series B
- Yikai Capital (https://capitalatlas.ai/funds/yikai-capital) — Series A, Series B
- Hangzhou High Technology Investment — Series B