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Valuation

$2B

2023 Revenue

$218M

Funding

$488M

Team

1K

Founded

2010

How Mafengwo grew Mafengwo to $218M revenue with a 1000 person team in 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 by year$0$50M$100M$150M$200M$250M20102012201420162018202020222023$0$218MSource: GetLatka.com
YearMilestone
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$500M$1B$2B$2B$3B2010201220142016201820192010 cumulative: $0 • 2010 Founded: $02011 cumulative: $5M • 2010 Founded: $0 • 2011 Seed Round: $5M2013 cumulative: $20M • 2010 Founded: $0 • 2011 Seed Round: $5M • 2013 Series B: $15M2015 cumulative: $105M • 2010 Founded: $0 • 2011 Seed Round: $5M • 2013 Series B: $15M • 2015 Series C: $85M2017 cumulative: $238M • 2010 Founded: $0 • 2011 Seed Round: $5M • 2013 Series B: $15M • 2015 Series C: $85M • 2017 Series D: $133M2019 cumulative: $488M • 2010 Founded: $0 • 2011 Seed Round: $5M • 2013 Series B: $15M • 2015 Series C: $85M • 2017 Series D: $133M • 2019 Series E: $250M @ $2B valuation$488M2010 Founded: $0 valuation2019 Series E: $2B valuation$2BSource: GetLatka.com
YearRoundAmountValuation% Sold
2019Series E$250M$2B13%
2017Series D$133M--
2015Series C$85M--
2013Series B$15M--
2011Seed Round$5M--

Mafengwo Employees & Team Size

Mafengwo employs approximately 1K people as of 2026.

Mafengwo has 1K total employees in different roles and functions.

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

Customers

We do not have customer count information for Mafengwo yet.

Frequently Asked Questions about Mafengwo

What is Mafengwo's revenue?

Mafengwo generates $218M in revenue.

How much funding does Mafengwo have?

Mafengwo raised $488M.

How many employees does Mafengwo have?

Mafengwo has 1K employees.

Where is Mafengwo headquarters?

Mafengwo is headquartered in Beijing, China.

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Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

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