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Netjoy+

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Leading company in China that integrates the production, distribution, trading and commercialization of mobile short video content based on big data technology

Huangpu, ChinaFounded 2012Marketing
Valuation $44M Market cap · 2026
Revenue $404M Latest reported FY
EBITDA $203K Latest reported FY

About Netjoy+

Netjoy Holdings Limited, publicly traded as SEHK:2131, operates as a significant player in China's digital marketing sector, with a foundation dating back to 2012. Headquartered in Shanghai, the company, also known as Yunxiang Technology, was formally incorporated in the Cayman Islands in 2019 before its initial public offering on the Hong Kong Stock Exchange in December 2020. The firm is steered by Chairman Jiaqing Xu and CEO Wang Chen. The business is primarily focused on providing comprehensive online advertising services within the People's Republic of China.

Netjoy's business is structured into three main segments: Online Marketing Solutions, Software as a Service (SaaS), and other ventures. The core of its operations lies in short-form video marketing, where it offers an end-to-end suite of services. This includes everything from marketing strategy and creative content production to programmatic ad distribution across various platforms, performance tracking, and data analysis. The company leverages its proprietary data management and large-scale video production capabilities to serve its clients. A key product is Tradeplus, a one-stop programmatic advertising and data management platform for short videos. Additionally, Netjoy runs the Huabian Platform, which is a content hub focused on pan-entertainment.

The company's revenue streams are diverse, generated from providing these integrated marketing solutions to advertisers and agencies, as well as from platform subscriptions. Its client base spans numerous industries, including online gaming, financial services, e-commerce, and internet services. To further enhance its service offerings, Netjoy has developed the "FICK" business model, a marketing methodology designed to help clients, particularly in the FMCG sector, grow their brand equity and influence on platforms like Kuaishou by focusing on Field, IP, Commerce, and KOLs (Key Opinion Leaders).

Source: Dealroom company data

At a glance

Status
Listed
Founded
2012
Headquarters
Huangpu, China
Listing
IPO 2016
Employees
20
Open positions
None listed
Dealroom signal
0.0/100
Industry
Media, Marketing
Sub-industry
Adtech, Streaming
Sector
Marketing
Business model
SaaS
Client focus
b2b

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
POST IPO EQUITYOther financing Sep 2018 $11M — Wutong Group —
EARLY VCEquity / VC May 2018 $12M $49M Undisclosed —
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMarginProfitMarginR&D
2026 $404M 0% $203K 0.1% −$6.6M -1.6% $2.6M
2025 $404M -6.7% $203K 0.1% −$6.6M -1.6% $2.6M
2024 $433M +4.6% −$12M -2.9% −$63M -14.6% $2.1M
2023 $414M -9.1% $13M 3% $3M
2022 $455M +6% $601K 0.1%
2021 $429M +21.2% $24M 5.6%
2020 $354M — $18M 5.2%
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Netjoy+ website traffic

Latest recorded traffic for Netjoy+ is 230 monthly website visits, down 43.9% over the last three months. Netjoy+'s team declined 9.1% over the past year.

Latest monthly visits230 3-month web change-43.9% 1-year team growth-9.1%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Sapphire Lake Investment

Series B and later1 investor entered at this stage

  • Wutong Group
Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇨🇳 China92.3%
🇫🇷 France7.7%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Netjoy+ on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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