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Valuation

$2B

2023 Revenue

$218M

Funding

$488M

Team · 2025

1K

Founded

2010

Mafengwo Revenue, Valuation & Funding (2023)

Mafengwo is a Chinese travel SNS website that enables users to share travel experiences with each other. It provides comprehensive travel information and booking services for independent travelers, focusing on building online communities.

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Mafengwo Revenue

In 2023, Mafengwo's revenue reached $218M. Since its launch in 2010, Mafengwo has shown consistent revenue growth.

Mafengwo Revenue GrowthReported revenue / ARR over time$0$50M$100M$150M$200M$250M20102012201420162018202020222023$0$218MSource: GetLatka.com
YearMilestoneSource
2023Mafengwo Hit $218m revenue in December 2023
2010Launched with $0 revenue

Mafengwo Valuation, Funding Rounds

Mafengwo reached a $2B valuation in 2019, set during its Series E round.

Mafengwo has raised $488M in total funding across 5 rounds, most recently a $250M Series E round in 2019.

Mafengwo Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$500M$125M$1B$250M$1.5B$375M$2B$500M$2.5B$625M201020122014201620182019$2BSource: GetLatka.com
YearRoundAmountValuation% SoldSource
2019Series E$250M$2B13%chinatravelnews.com
2017Series D$133M--chinatravelnews.com
2015Series C$85M--chinatravelnews.com
2013Series B$15M--technode.com
2011Seed Round$5M--chinatravelnews.com

Founder / CEO

We don't have Mafengwo's Founder / CEO on record yet.

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Customers

We do not have customer count information for Mafengwo yet.

Mafengwo Employees & Team Size

Mafengwo employs approximately 1K people as of 2026.

Mafengwo Team GrowthReported headcount over time02505007501,0001,250201020122014201620182020202220242025001,0001,000Source: GetLatka.com
YearMilestoneSource
2025Reached 1K employees (November 2025)

Frequently Asked Questions about Mafengwo

What is Mafengwo's revenue?

Mafengwo generates $218M in revenue.

How much funding does Mafengwo have?

Mafengwo raised $488M across 5 rounds.

How many employees does Mafengwo have?

Mafengwo has 1K employees.

Where is Mafengwo headquarters?

Mafengwo is headquartered in Beijing, China.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Mafengwo Revenue 2023: $218M ARR, $2B Valuation