
Maimai Technology
Professional social networking platform for the Chinese market.
Date | Investors | Amount | Round |
---|---|---|---|
* | N/A | Angel | |
Total Funding | 000k |
Maimai Technology is a professional networking platform in China, often referred to as the Chinese equivalent of LinkedIn. Launched in October 2013 by co-founders Lin Fan, who also serves as CEO, and Huang Wei, the platform was created to address a gap in the Chinese market for a dedicated professional social networking tool.
The company is headquartered in Beijing and provides a real-name social platform tailored for Chinese professionals to expand their networks, discover career opportunities, and collaborate. Key features include individual and group chats, a news feed, industry-specific communities, a referral system, and an anonymous job search function. Maimai has integrated AI and big data technologies to enhance its services, offering personalized job recommendations and optimizing employer-candidate matching.
The platform caters to a wide range of industries but has a significant user base from the technology, finance, and media sectors. It has attracted millions of users, including a large number of mid-to-high-end professionals from Fortune 500 and top Chinese companies. Maimai's business model allows companies to connect with talent and decision-makers, and it has been utilized for B2B marketing by global brands.
Maimai has seen significant growth, securing multiple funding rounds. It raised $5 million in a Series A round in 2013, $20 million in a Series B in August 2014, $75 million in a Series C in November 2017, and a substantial $200 million in a Series D round in April 2018, which valued the company at over $1 billion. Investors include prominent firms like DCM Ventures, IDG Capital, and DST Global Partners.
Keywords: professional networking, career development, China, social platform, recruitment, job search, human resources, B2B marketing, talent acquisition, Beijing, Lin Fan, networking app, professional community, corporate recruiting, employee networking