Company Overview

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Founded:
2003
Founders:
Shenglong Zou
Headquarters:
Shenzhen
Funding:
$326M
Categories:
Software, Photography
Description:
Kankan is the developer of Xunlei, a download manager supporting HTTP, FTP, eDonkey, and BitTorrent protocols.

Detailed Description

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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.

Current Team (1)

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Past Team (1)

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Funding Rounds (5) - $326M

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Investors (7)

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  • Be3de5609febe52b26115f5be1ca3129

    Morningside Group

    Morningside Group is a private investment group founded in 1986 by the Chan family of Hong Kong.
  • 440b76811853229e6bf147f21fe91aab

    IDG Capital Partners

    China-focused investment firm
  • F418fa6c81973fc5d83b67083db8954f

    Kingsoft

    Kingsoft is a software developer offering web security, office software, entertainment software,...
  • Vhaclhgh2qeyv55j937e

    Xiaomi

    Mi Inc., based in Beijing, China, designs, develops, and sells smart phones, apps, and a wide...
  • B0c6a0f48fe6f70ac1fd618d81a16595

    Google

    Google is a search and advertising service provider that aims to organize and monetize the...
  • 3c4f14ae8d17a4f0daeebb53da0c0027

    Fidelity Growth Partners Asia

    Fidelity Growth Partners Asia (previously named Fidelity Asia Ventures) is the venture capital...
  • 3ffa097b2dae636f80a0ab1015995700

    Ceyuan Ventures

    Ceyuan Ventures is a Beijing-based early stage venture capital firm focused on IT and emerging...

Offices/Locations (1)

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  • HQ

    High Tech Industrial Park South Region

    Shuguang Building

    Shenzhen, 518057

    CHN

Images (1)

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  • F56b3c7b1fc2e2746e131eebd43eba89