Bussiness

Getui- recently announced an RMB400 million (58 million US dollars) D round to stimulate customized Ad business

Getui on Monday celebrated its sixth anniversary and announced an RMB 400

million D round from many investors. The company has disclosed the valuation

for this round doubled than that was in C round. According to latest data of the

company Getui’s SDK installation totaled twelve billion from 8 billion in April

current year with active users hitting 750 million daily and currently the service

covers 1.6 billion mobile devices and 430,000 app developers. The main investors

of the Getui Company are Haitong securities, SAIF Partners, and WI Harper Group.

Future plans

The company has formed a clear business model after six years of development.

Its products and services fall into two categories push notification and services

and big data-driven solutions which focus on business partners. Getui is the only

company that has part ownership of location data sources and it achieves that by

planting its SDK in one billion mobile phones in china and also by serving real-time

push notifications. Both ‘warm ‘and ‘cold’ data are analyzed to customize this

notification said Getui founder and CEO Fang Yi.

Getui is founded by Fang in 2010 that is a serial entrepreneur and started his

entrepreneurship in 2005. The company has past released Gexin that is a free

messaging tool which recorded 17 million clients by 2013 targated at both iOS

and android platforms Getui is a push notification service that assists app

developer’s abilities to engage and reach their users bases more effectively and

quickly. The company also has an installed app user base of five billion and over

eight hundred unique phone sets. This company not only bigwig key player in the

market but also has the thousand core value to which Getui attributes its

numerous success.

Source: www.e27.co

Getui- recently announced an RMB400 million (58 million US dollars) D round to stimulate customized Ad business
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