Xunlei is a download manager developed by Thunder Networking Technologies, supporting HTTP, FTP, eDonkey, and BitTorrent protocols. As of 2010, it was the most commonly used BitTorrent client in the world.
Through Xunlei, users can access a large portion of the files available on the Internet. Features in Xunlei include a built-in browser, changeable skins, cloud storage, ""offline"" downloading, hi-speed downloading (only available for members), email service and more. Xunlei is accompanied by a family of products including Xunlei 5, Mac Xunlei, Xunlei Mini, and Web Xunlei. As adware, Xunlei products feature banner advertisements, which can be disabled if logged in as a user (in the latest version).
Founded in January 2003, Xunlei is backed by venture firms like Morningside, IDG and Ceyuan Funds. Xunlei introduced the subscription model in 2009. Till today, it has four million subscribers. The company expects to have 10 million subscribers in two to three years. The revenues generated by subscriptions as a percentage increased from 2.4% in 2009 to 16.9% in 2010 and to 26.4% in the three months ended March 31, 2011, according to its F-1 filing with SEC in July 2011.
Funding Rounds (5) - $326MUpdate
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