Business Model:
Revenue: $0
Employees: 0-0
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Detailed Xinchao Media Information
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Financial Info
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Raised Last:
$142M
Raised Total:$768M
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Crunchbase
Metrics
5,707,160Website Global Rank
1,656Website Monthly Traffic
Twitter Followers
Description
Xinchao Media targets household consumption by placing advertisements in elevators. It provides customers with more accurate and cheaper community media traffic with smart hardware and software. The company is currently covering 95 cities, nearly 610,000 elevators, covering an average of more than 100 million middle-class people. The trendy media elevator TVs are distributed in the elevators of the middle and high-end residential communities across the country. The TV screen is installed 1.5 meters away from the elevator floor. The sound is clear and the people are not disturbed so that the audience can watch it comfortably in the elevator and let the advertising information spread effectively. Xinchao Media was founded in 2007 and is headquartered in Chengdu, China.
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| Announced Date | Company | Transaction | Money Raised |
|---|---|---|---|
| 4/2021 | ICLegend.com (Haodian) | Series A | - |
| 6/2022 | Ada | Series B | - |
| 12/2021 | Guizhou Core Long March Technology (Marching Power) | Series C | 78.5M |
| 6/2022 | Ada | Series B | - |
| 12/2021 | Guizhou Core Long March Technology (Marching Power) | Series C | 0 |
| 4/2021 | ICLegend.com (Haodian) | Series A | - |
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