Location: Home > FINANCE > Detail

Motianlun Ticketing Received 25 Million USD Financing During B+ Round Motianlun has sold over 2.5 Million tickets in the past 2 years since its establishment.

613
admin 2017-10-31 Collect

The financing total of Motianlun Ticketing, till now, has reached 40 Million USD. The number breaks the record of finance amount for online ticketing service company.

Motianlun Ticketing, an online concert ticket-trading platform, has recently claimed that it has finished B+ Financing Round with the amount of 25 Million USD. This particular round was led by Qiming Venture Capital and Pusi Capital, followed by all institutional shareholders, like Lanhu Capital and was also counseled by Chongying Capital. The financing total of Motianlun Ticketing till now has reached 40 Million USD. The number breaks the record of finance amount for online ticketing service company.

Motianlun Ticketing responded that this round of financing will still be using to improve its own products and services, and provide its customers better interface for ticket purchasing and lower price for them to enjoy live entertainment.

Motianlun Ticketing, founded in July 2015, focuses on being an intermediary platform for upstream and downstream markets. Motianlun integrates different ticketing resources from event’s promoters, ticketing agencies and personal sellers on its own platform. Using the formula of “multichannel resources with the lowest price”, it allows its users to find their desired tickets at a better price more efficiently. Motianlun also achieves fair trade in the market and protects its customer’s rights by enforces rules like Seller’s Real-Name System, Pricing Threshold, and Speculation Prevented System. As a market supervisor and service company for its customers, Motianlun also provides service in Ticket Authentication, Delivery, Customer Service and Ticket Pick-Up.

Motianlun has sold over 2.5 Million tickets in the past 2 years since its establishment. Among those 2.5 Million, 92% of them are discounted pricing, which saved its customers over 100 Million CNY. In 2017, Motianlun’s seasonal volume of trade has increased by 50%, with Q3’s volume of trade reaching 140 Million CNY.

Translated by Yuming Xie

Review ( 暂无留言 ) Log In

必填

必填,绝不公开

Related

Share Article
Review
  • Expo | How was the Good Meimei’s Private Song Project born?
    Dong lucy:Plz add our website to your bo
  • Expo | How was the Good Meimei’s Private Song Project born?
    Am ho:Oh mmy goodness! Impressive ar
  • Expo | How was the Good Meimei’s Private Song Project born?
    Dong lucy:You can add us to your bookmar
  • Expo | How was the Good Meimei’s Private Song Project born?
    Dong lucy:Thanks. Our website digs news
  • Expo | How was the Good Meimei’s Private Song Project born?
    Dong lucy:Thanks for adding us to your b
  • Expo | How was the Good Meimei’s Private Song Project born?
    Dong lucy:Music is always the cool, cool
  • Expo | How was the Good Meimei’s Private Song Project born?
    keo bong da online:Hi there, I discovered your we
  • Expo | How was the Good Meimei’s Private Song Project born?
    Thu hep Am dao:I blog frequently and I genuin
  • Behind the end of "Produce 101", the recruitment of trainees is launching in China
    Dong lucy:The same meaning of that. Our
  • Expo | How was the Good Meimei’s Private Song Project born?
    FlashForge:Wonderful beat ! I wish to app
  • Copyright © 2015 China Music Business News

    京ICP备14034174号-6

    Have An Account, Login Now