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Snowball (in Chinese: 雪球; XueQiu), a social network and information portal for investors in China, has secured a US$40 million series C round of funding led by Renren (NYSE:RENN) with participation from Sequoia China and Morningside. Xueqiu is now one of the most popular financial social networks among Chinese investors in China. It has attracted a large number of professionals in financial sector to contribute financial analysis reports. The company raised Series B funding of US$10 million last year and US$3.2 million in Series A in 2011. Xueqiu’s main site allows investors to examine data across US, Hong Kong, and Chinese stock markets, along with several bonds, funds, trusts, and Bitcoin. Users can get alerts, news bulletins, and price changes. They can also follow other investors and communicate with them. Xueqiu apps are available for iOS and Android. With this latest investment, Xueqiu will work toward a broker system that will allow members to buy and sell stocks on its website and apps.

View Top Employees from Snowball Finance ("Xueqiu")
Website http://www.xueqiu.com
Revenue $7.9 million
Funding $40 million
Employees 96 (62 on RocketReach)
Founded 2010
Address 8 Haidian North 2rd St Rm 805, Beijing, Beijing, CN
Phone +86 10 5973 3402
Technologies
Industry Financial Services, Finance General, Information Services (B2C), Investor Community, Finance, Application Software, Web 2.0, Internet Financial Information, Financial Media
Web Rank 4439
Web Visits 15 Million
Keywords 雪球, 雪球网, Xueqiu, 奔驰股票, 齐俊杰
SIC SIC Code 48 Companies, SIC Code 481 Companies
NAICS NAICS Code 5173 Companies, NAICS Code 517311 Companies, NAICS Code 51731 Companies, NAICS Code 517 Companies, NAICS Code 51 Companies

Snowball Finance ("Xueqiu") Questions

The Snowball Finance ("Xueqiu") annual revenue was $7.9 million in 2024.

Simon Fong is the Founder and President of Snowball Finance ("Xueqiu").

62 people are employed at Snowball Finance ("Xueqiu").

Snowball Finance ("Xueqiu") is based in Beijing, Beijing.

The NAICS codes for Snowball Finance ("Xueqiu") are [5173, 517311, 51731, 517, 51].

The SIC codes for Snowball Finance ("Xueqiu") are [48, 481].

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