M&A Deal Summary

Visual China Group Acquires 500px

On February 26, 2018, Visual China Group acquired internet software and services company 500px

Acquisition Highlights
  • This is Visual China Group’s 1st transaction in the Internet Software and Services sector.
  • This is Visual China Group’s 1st transaction in Canada.
  • This is Visual China Group’s 1st transaction in Ontario.

M&A Deal Summary
Date 2018-02-26
Target 500px
Sector Internet Software and Services
Buyer(s) Visual China Group
Deal Type Add-on Acquisition

Target

500px

Toronto, Ontario, Canada
500px is one of the major online visual creative communities in the world, founded in 2009 and based in Canada. With professional and hobbyist photographers around the world, the 500px community has produced unique images diversity and creative trend. 500px is renowned globally for its community, image licensing, and custom photography. Recently, 500px was named one of the 10 best apps for independent travelers by The Guardian, and recognized as one of Deloitte's Technology Fast 50. 500px has worked with world-class global brands like Google, Sony, Airbnb and Lonely Planet.

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Buyer(S) 1

Buyer

Visual China Group

Beijing, China
Category Company
Founded 1994
Sector Digital Media
Employees532
Revenue 781M CNY (2023)
DESCRIPTION

Visual China Group is a visual communications and new media business in China and among the largest image licensing companies in the world. Company owns and manages China’s largest premium digital visual content platform, and is the first destination of choice for creative and media professionals to search, purchase and manage such content in China. Through its online licensing and copyright distribution platform VCG.com whose assets include 40 million editorial images, 30 million creative images and 1.25 million videos, with over 14,000 contributors and hundreds of image partners globally, the Group offers products including still imagery, videos, music, multimedia and other digital content to approximately 15,000 advertisers, media outlets and other organizations in China. It also operates China’s largest and most popular branded online communities for visual designers and photographers. Visual China Group was founded in 1994 and is based in Beijing, China.

DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2018) 1 of 1
Mergr

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