99Bill Overview

  • Year Founded
  • 2004

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 5,366

Employees

  • Latest Deal Type
  • M&A
  • (Cancelled)

  • Latest Deal Amount
  • $143M

  • Investors
  • 1

99Bill General Information

Description

Provider of third-party payment services in China. The company offers electronic payment services to enterprises and individuals, supports payment through international cards, such as VISA and MasterCard; and services domestic and international bank cards.

Contact Information

Website
www.99bill.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • Floor 35 and 36 Building 1, Number 729 Yanggao South Road
  • Pudong New Area
  • Shanghai, 200127
  • China
+86 021
Primary Industry
Other Financial Services
Parent Company
Vertical(s)
Corporate Office
  • Floor 35 and 36 Building 1, Number 729 Yanggao South Road
  • Pudong New Area
  • Shanghai, 200127
  • China
+86 021

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99Bill Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Merger/Acquisition 31-May-2023 $143M Cancelled Generating Revenue
7. Merger/Acquisition 26-Dec-2014 Completed Generating Revenue
6. Later Stage VC 19-Dec-2012 Completed Generating Revenue
5. Later Stage VC 04-Nov-2010 Completed Generating Revenue
4. Later Stage VC 16-Jul-2009 Completed Generating Revenue
3. Later Stage VC (Series C) 16-Apr-2008 Completed Startup
2. Early Stage VC (Series B) 01-Apr-2006 $15.1M $17.1M Completed Startup
1. Early Stage VC (Series A) 12-Aug-2005 $2M $2M Completed Startup
To view 99Bill’s complete valuation and funding history, request access »

99Bill Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of third-party payment services in China. The company offers electronic payment services to enterprises and ind
Other Financial Services
Shanghai, China
5,366 As of 2015

London, United Kingdom
 

Hong Kong, Hong Kong
 
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99Bill Competitors (3)

One of 99Bill’s 3 competitors is Alipay (UK), a Corporation company based in London, United Kingdom.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Alipay (UK) Corporation London, United Kingdom
AsiaPay Corporation Hong Kong, Hong Kong
iPay88 Corporate Backed or Acquired Kuala Lumpur, Malaysia
You’re viewing 3 of 3 competitors. Get the full list »

99Bill Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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99Bill Former Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds
DCM Ventures Venture Capital Minority
Lightspeed Venture Partners Venture Capital Minority
Peninsula Capital Partners PE/Buyout Minority
To view 99Bill’s complete investors history, request access »

99Bill FAQs

  • When was 99Bill founded?

    99Bill was founded in 2004.

  • Where is 99Bill headquartered?

    99Bill is headquartered in Shanghai, China.

  • What is the size of 99Bill?

    99Bill has 5,366 total employees.

  • What industry is 99Bill in?

    99Bill’s primary industry is Other Financial Services.

  • Is 99Bill a private or public company?

    99Bill is a Private company.

  • What is the current valuation of 99Bill?

    The current valuation of 99Bill is .

  • What is 99Bill’s current revenue?

    The current revenue for 99Bill is .

  • How much funding has 99Bill raised over time?

    99Bill has raised $95.6M.

  • Who are 99Bill’s investors?

    DCM Ventures, Lightspeed Venture Partners, and Peninsula Capital Partners have invested in 99Bill.

  • Who are 99Bill’s competitors?

    Alipay (UK), AsiaPay, and iPay88 are competitors of 99Bill.

  • When was 99Bill acquired?

    99Bill was acquired on 31-May-2023.

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