M&A Deal Summary

Xunlei Acquires Hupu

On January 27, 2025, Xunlei acquired digital media company Hupu for 500M CNY

Acquisition Highlights
  • This is Xunlei’s 1st transaction in the Digital Media sector.
  • This is Xunlei’s largest (disclosed) transaction.
  • This is Xunlei’s 1st transaction in China.

M&A Deal Summary

Date 2025-01-27
Target Hupu
Sector Digital Media
Buyer(s) Xunlei
Deal Type Add-on Acquisition
Deal Value 500M CNY

Target

Hupu

Beijing, China
Hupu is a sports media and data platform. Hupu is based in Beijing, China.

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Buyer(S) 1

Buyer

Xunlei

Shenzhen, China

Category Company
Founded 2003
Sector Internet Software and Services
Employees1,215
Revenue 364M USD (2023)
DESCRIPTION

Xunlei operates an internet platform for digital media content in the People's Republic of China. Its platform is based on cloud technology that enables users to access, store, manage, and consume digital media content. Xunlei was founded in 2003 and is based in Shenzhen, China.


DEAL STATS #
Overall 1 of 1
Sector (Digital Media) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (China) 1 of 1
Year (2025) 1 of 1
Size (of disclosed) 1 of 1