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Beijing Aladdin Future Technology

6 F., Satellite Building, No.63, Zhichun Road, Haidian District, Beijing, China

Overview

Aldwx.com operates a statistics and ecosystem service platform dedicated to WeChat mini-programs, offering a developer/researcher analytics product, an ecosystem monitor, a third-party developer platform, and a promotion tool. The startup plans to use its new funding to upgrade products, hardware and technologies, and to scale market share and its team. It closed a Series A that valued the company at as much as RMB 1 billion post-funding. The company was founded in 2016 and focuses on servicing the WeChat mini-program ecosystem in China. No operating metrics (revenue/users) are disclosed in the article. Aldwx.com operates a data statistics and developer services platform focused on the WeChat Mini Programs ecosystem. Its products include rankings, a third-party data platform and Xiaoshentui, a fan-interaction tool to help developers monetize Mini Programs. The company says its developers cover 60% of the current top 1,000 Mini Programs and it serves over 100,000 customers, including individual developers, enterprises and organizations. Management is using the fundraising to enrich product lines, expand into new markets, buy servers, cover bandwidth costs, and recruit talent. Aldwx.com plans to begin planning a new product in December and will focus development efforts to reduce operating costs and increase developers' revenue in 2018. The founder, Shi Wenlu, decided to start Aldwx.com when WeChat opened the Mini Programs closed beta on September 21, 2016, and the company positioned itself early as an ecosystem service provider.

Total raised
$14M
Funding rounds
2
Latest round
Series A
Latest activity
Feb 2018

Industries

  • Computer
  • Information Technology
  • Software
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Recent funding

  1. Series A

    Feb 2018

    $9M

  2. Series A

    Dec 2017

    $5M

Team