COMPANY PROFILE

Quwan Network

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Chinese social gaming startup

Guangzhou, ChinaFounded 2014Consumer Services

Valuation $500M–1B Last recorded · 2021

Headcount <100 Current team size

Total funding $100–500M Disclosed equity funding

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About Quwan Network

Guangzhou Quwan Network Technology Co., Ltd. is a technology company that operates in the mobile entertainment and social gaming sectors. The company's main product is TT Yuyin (TT Voice), a mobile application that provides a platform for social interaction and gaming-related services to a community of over 100 million users.

Initially, the company focused on providing value-added services within its mobile community, such as game downloads, information updates, and virtual gifts. Quwan Network has since expanded its operations into the e-sports domain, leveraging its large user base to build a competitive presence in the market.

In a strategic diversification, the company has developed a proprietary technology for the rapid generation of highly naturalistic digital humans. This technology, capable of creating a digital human in 10 seconds, is being applied to the e-commerce sector, opening new avenues for marketing and customer engagement.

The company's growth has been supported by significant venture capital funding, including a US$100 million Series B round, which indicates strong investor confidence in its business model and future prospects.

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At a glance

Status: Operational
Founded: 2014
Headquarters: Guangzhou, China
Employees: 94
Open positions: None listed
Dealroom signal: 72.5/100
Industry: Gaming
Sub-industry: Mobile Gaming
Sector: Consumer Services, Social Gaming, Hard Tech
Business model: Manufacturing
Client focus: b2c
Investment activity: 1 company, latest Dec 2023
Capital deployed: $6.9M
Preferred round: SEED
Links: Website LinkedIn

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Funding history

3 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
SERIES BOther financing	Feb 2021	$100M	$400M	Matrix Partners China · Orchid Asia Group Management	—
SERIES AOther financing	Apr 2020	$0	—	Matrix Partners China	—

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Growth signals

Quwan Network website traffic

Latest recorded traffic for Quwan Network is 200K monthly website visits, up 53.8% over the last three months. Quwan Network's team grew 2.2% over the past year.

Latest monthly visits200K 3-month web change+53.8% 1-year team growth+2.2%

Monthly website visitsDec 2020–Jul 2026

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