February 5, 2023

Your browser doesn’t enhance HTML5 audio

On Wednesday, 36kr discovered that Mediabook, a Shanghai-based e-commerce carrier supplier, has ceaselessly finished A and A+ rounds of financing totaling just about 100 million yuan ($15.7 million). Spherical A featured funding from GF Xinde Funding Control, whilst spherical A+ got here from Zhiming Capital. Prior to now, the company gained an angel spherical of financing from Liu Jun, an early investor in ByteDance.

Mediabook has published that this spherical of financing will probably be principally used for the development of latest livestreaming bases, skill recruitment, R&D of methods for Douyin’s interest-oriented e-commerce, and exploration of latest expansion fashions.

Based in 2014, Mediabook’s industry is principally divided into two portions, together with virtual advertising and marketing (Mediabook Promoting) and Douyin e-commerce company operations (Midi Community). The previous sector supplies built-in advertising and marketing products and services for manufacturers, together with virtual ingenious answers, e-commerce advice plans, media procurement and public family members actions. The latter section principally supplies retailer operations, e-commerce content material, livestreaming operations, warehousing, and distribution and buyer products and services.

SEE ALSO: IoT Logistics Company G7 Raises $200M in New Finances

As well as, Mediabook has additionally the joined virtual advertising and marketing platform owned through ByteDance this yr. Taking retailer operation for example, Mediabook will supply shoppers with e-commerce answers corresponding to knowledge asset research and industry session, e-commerce advice, livestreaming expansion, promoting, warehousing and logistics, and pre- and after-sales buyer products and services.

Relating to source of revenue, Mediabook’s carrier charges and fee represent the principle income. It additionally expands the source of revenue from e-commerce advertising and marketing and knowledge consulting. Consistent with Wang Cong, the founding father of Mediabook, the company’s per 30 days web earnings exceeded 5 million yuan in October remaining yr.

See also  Track Tech Company Xiaoyezi Luggage C2-Spherical Finances Price Tens of Tens of millions of Yuan