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#118 by ARRChinaximalaya.com ↗

Ximalaya FM

Chinese online audio platform offering podcasts, audiobooks, children's content, and radio to consumers through subscriptions and paid content.

Audio StreamingPodcastsAudiobooksConsumer InternetMedia & Entertainment
ARR
$857M revenue (est.)
as of Oct 2026
Employees
919
as of Oct 2026
Valuation
$1.5B
1.8× ARR
ARR / employee
$933K
revenue efficiency
About Ximalaya FM

Ximalaya runs one of China's largest online audio platforms. Its library includes audiobooks, podcasts, children's stories, financial news, and user-generated audio, and it makes money mainly from user subscriptions and payments for audio content. The company reported about 303 million monthly active users in 2023 and launched its Xiaoya AI smart speaker in 2017. Tencent Music Entertainment announced it would buy Ximalaya on June 10, 2025, and completed the deal on May 18, 2026, for about RMB 18.6B (~US$2.6B) in cash and stock. Ximalaya is now a wholly owned TME subsidiary.

Investors · 21

InvestorAdvantech CapitalVenture capital
InvestorBaidu VenturesCorporate18 partners on file
InvestorBright Venture CapitalVenture capital
InvestorChina Creation VenturesVenture capital
InvestorChina LiteratureVenture capital1 partner on file
InvestorFinTrek CapitalVenture capital
InvestorGeneral AtlanticPrivate equity16 partners on file
InvestorGenesis Partners CapitalVenture capital
InvestorGoldman SachsBank15 partners on file
InvestorHermitage CapitalVenture capital3 partners on file
InvestorJMI EquityVenture capital3 partners on file
InvestorKleiner PerkinsVenture capital20 partners on file
InvestorMaverick SiliconVenture capital3 partners on file
InvestorProsperity InvestmentsVenture capital
InvestorPuhua CapitalVenture capital1 partner on file
InvestorSierra VenturesVenture capital3 partners on file
InvestorSony Music GroupCorporate13 partners on file
InvestorTencentCorporate13 partners on file
InvestorTencent Music Entertainment GroupVenture capital2 partners on file
InvestorTrustbridge PartnersVenture capital3 partners on file
InvestorXW Capital (Shenzhen Qianhai Xingwang Investment)Venture capital
114 partner contacts across these firms, emails and LinkedIn are in Investor Contacts for paid members.

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