SoYoung Technology

SoYoung Technology is a provider of digital services and technology advances.

Launch date

2013

Employees

Market cap

Enterprise valuation

($52m) (Public information from Sep 2024)

Beijing China (HQ)

http://soyoung.com

https://www.linkedin.com/company/%E6%96%B0%E6%B0%A7-soyoung https://apps.apple.com/app/id1229054315

Revenues, earnings & profits over time

CNY	2019	2020	2021	2022	2023	2024	2025
Revenues	1.2b	1.3b	1.7b	1.3b	1.5b	1.6b	1.7b
% growth	70 %	12 %	31 %	(26 %)	19 %	8 %	6 %
EBITDA	144m	(69.2m)	113m	(98.6m)	(25.9m)	-	-
% EBITDA margin	12 %	(5 %)	7 %	(8 %)	(2 %)	-	-
Profit	177m	5.8m	(8.4m)	(65.6m)	21.3m	-	-
% profit margin	15 %	-	-	(5 %)	1 %	-	-
R&D budget	177m	229m	287m	235m	204m	-	-
R&D % of revenue	15 %	18 %	17 %	19 %	14 %	-	-

Date	Investors	Amount	Round
-	Apax Partners	N/A	-
Jan 2014	Matrix Partners China	N/A	Series A
Jan 2015	Trustbridge Partners	$20.0m	Series B
Mar 2016	Tencent	$50.0m	Late VC
Dec 2017	CDH Investments	$60.0m	Series D
Mar 2018	Orchid Asia Group Management	$29.0m	Series D
Sep 2018	Orchid Asia Group Management	$70.0m	Series E
May 2019	N/A	N/A	IPO
Total Funding		$229m

Tech stackLearn more about the technologies and tools that this company uses.

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ACQUISITION by SoYoung Technology Jun 2021

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