The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

sj.91.com

Stage

Acquired | Acquired

Total Raised

$29M

Valuation

$0000 

About 91 Wireless

91 Wireless mainly engages in the development and operation of two leading smartphone app distribution platforms (app store) in China, namely 91 Assistant and HiMarket ("91 Smartphone Apps Marketplaces"), community websites, 91 Launcher, 91 Panda Reader, as well as other popular products for smartphone users. To date, over 10 billion apps have been downloaded through the 91 Smartphone Apps Marketplaces. According to the iResearch 2011-2012 report, compiled by independent research firm iResearch, 91 Wireless is the No.1 3rd party app distribution platform in China by both active users and accumulated downloads.In July 2013, 91 Wireless was acquired by Baidu from NetDragon. The valuation of 91 Wireless was $1.9 billion. Other terms of the deal were not released.

91 Wireless Headquarter Location

China

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Research containing 91 Wireless

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CB Insights Intelligence Analysts have mentioned 91 Wireless in 1 CB Insights research brief, most recently on May 28, 2020.

Expert Collections containing 91 Wireless

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91 Wireless is included in 1 Expert Collection, including Gaming.

G

Gaming

4,869 items

Gaming companies are defined as those developing technologies for the PC, console, mobile, and/or AR/VR video gaming market.

Latest 91 Wireless News

Tongbu, Mobile App Distributor by 91 Wireless Founder, Expected to Sell for US$174.5M

Oct 8, 2014

0 Tongbu for iPad Taiwan-based game developer XPEC Entertainment   announced to acquire Tongbu Technology Ltd. , an mainland China-based mobile app distributor, for RMB1.068 billion (about US$174.5mn). Tongbu started as an iOS software & content manager, and now also offers app download service for Android. The company makes revenues through revenue shares from some games on its platform, advertising, among others. It was founded in 2010 by Xiong Jun, the founder of app distributor 91 Wireless which was acquired by Baidu last year for US$1.85 billion . Mr. Xiong reportedly sold 91 Wireless, which started from for RMB100 million to NetDragon in 2008. Tongbu is venture-backed by Innovation Works, the venture capital firm backed by Kaifu Lee, and Cai Wensheng, one of the top angel investors in China. Its competitors in mainland China include PP Assistant, which has been acquired by UC Web (now a Alibaba company), and App111, which is now a Baidu company .  

  • What is 91 Wireless's latest funding round?

    91 Wireless's latest funding round is Acquired.

  • How much did 91 Wireless raise?

    91 Wireless raised a total of $29M.

  • Who are the investors of 91 Wireless?

    Investors of 91 Wireless include Baidu, iD TechVentures, Vertex Ventures China, DT Capital Partners and IDG Capital.

  • Who are 91 Wireless's competitors?

    Competitors of 91 Wireless include Wandoujia.

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