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Manbang Group has raised $3.6 b in total funding across all funding rounds for a $6 b valuation.

Manbang Group Funding Rounds Summary

Founding Date

2017

Manbang Group total Funding

$3.6 b

Manbang Group latest funding size

$1.7 b

Time since last funding

a year ago

Manbang Group investors

GGV Capital, Fidelity, Tencent Holdings, Lightspeed China Partners, Baillie Gifford, Farallon Capital Management, Hillhouse Capital Group, YF Capital, Softbank, Permira, CapitalG, Sequoia Capital China, SoftBank Vision Fund, K11 Investment, GVC Capital, China Reform Fund Management

Manbang Group's latest funding round in November 2020 was reported to be $1.7 b. In total, Manbang Group has raised $3.6 b. Manbang Group's latest valuation is reported to be $6 b.

Manbang Group Funding Rounds

DateAmount RaisedPost-money ValuationInvestors
Private EquityApr 2018$1.9 b$6 bTencent Holdings, Baillie Gifford, Farallon Capital Management, Hillhouse Capital Group, Softbank, CapitalG, Sequoia Capital China, K11 Investment, GVC Capital, China Reform Fund Management
Private EquityNov 2020$1.7 b$12 bGGV Capital, Fidelity, Tencent Holdings, Lightspeed China Partners, Baillie Gifford, Hillhouse Capital Group, YF Capital, Permira, Sequoia Capital China, SoftBank Vision Fund

Source: China Economic Review April 2018, Reuters November 2020

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