Xishiqu

About Xishiqu

Xishiqu, registered under Shanghai Aiyou Network Technology Co., Ltd., was a peer-to-peer trading platform for event tickets headquartered in Shanghai, China. Founded in 2011, the company provided a marketplace for users to buy and sell tickets for a wide array of events, including concerts, plays, operas, ballets, and various sports like football and basketball. The platform facilitated transactions directly between users, who could be individual sellers, agents, or event organizers, eliminating the need for face-to-face meetings.

The business operated in the e-commerce and Technology, Media, and Telecom (TMT) sectors. Its service integrated multiple functions such as ticket purchasing, selling, distribution, and fan community engagement. This allowed users to access tickets for cultural performances, sporting events, and other leisure and entertainment activities. The company's legal representative is Li Mingwei.

Xishiqu secured a total of $39.2 million in funding over three rounds from two institutional investors, WestSummit and Tronfund. The funding journey began with a seed round in December 2011, followed by a Series A in January 2016 for $7.61 million, a Series B in April 2017, and a final Series C round in February 2018, which raised $31.6 million. Despite its funding history, the company is now listed as out of business since March 2021.