Best AdTech Companies in China
The 175 best AdTech companies in China in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Panshi.
China's AdTech sector doesn't sit still long enough to map cleanly, so here's what the funding data actually tells you: 175 companies tracked, $3.3B in total disclosed equity, and three unicorns already in the mix. Panshi leads the directory at $661M raised, with Weibo close behind at $586M and Shumei pulling $218M. The global market these players are competing into hit roughly $783.5B in 2024 and is forecast to reach $1,496.2B by 2030 at a 14.3% CAGR, per MarketsandMarkets. AI-driven targeting and mobile advertising expansion are the two forces accelerating that curve fastest, and China's companies are positioned right at the intersection of both.
What I find telling is how concentrated the backer list is. Kleiner Perkins, Matrix Partners China, NLVC, Baidu Ventures, and BlueFocus are doing most of the heavy lifting across this ecosystem. Hot themes right now are predictive analytics marketing and playable ads, both signaling a shift toward performance formats over pure reach. Data privacy regulation is the structural friction you can't ignore, shaping product decisions across the board. And cross-border appetite for China's AdTech infrastructure is real: a Japanese AdTech firm's Series D push into China illustrated early how outsiders read the market's scale as an opportunity worth the complexity. The momentum here is genuine.
- Verified Market Research
Ranked: Best AdTech companies in China
| # | Company | Disclosed funding | Last round | Stage | Employees | Founded | Founder | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Panshi 🦄 Online and mobile advertising solutions provider to SMEs | $661M | 92 mo ago | Series D | 314 | 2004 | Tian Ning Founder & CEO | — |
| 2 | weibo Weibo is a social network company that provides microblogging platform. | $586M | 58 mo ago | Public | 5,935 | 2009 | — | — |
| 3 | Moviebook 🦄 Interactive video ad technology provider | $372M | 83 mo ago | Series D | 12 | 2008 | — | — |
| 4 | Shumei Anti fraud software for enterprises | $218M | 61 mo ago | Series D | — | 2015 | Tang Huijun Co-Founder & CEO | — |
| 5 | TalkingData 🦄 Provider of data analytics and marketing solutions for various industries | $210M | 23 mo ago | Series D | 307 | 2011 | — | — |
| 6 | Yeahmobi Programmatic advertising and retargeting platform | $140M | 114 mo ago | Public | 818 | 2011 | — | 2 partnerships |
| 7 | Mobvista Mobile advertising platform and ad network | $124M | 65 mo ago | Public | 772 | 2013 | — | — |
| 8 | InMyShow Provides an advertising network | $106M | 68 mo ago | Series C | 1,683 | 2009 | Li Meng Founder & CEO | — |
| 9 | iPinYou Cross-Screen Demand-Side Platform | $98M | 126 mo ago | Series C | 419 | 2008 | — | — |
| 10 | Miaozhen Systems Online ad measurement solutions | $85M | 133 mo ago | Series D | 201 | 2006 | Wu Minghui Founder | — |
| 11 | AdChina Provider of full stack advertising technology to brands and publishers | $80M | 188 mo ago | Acquired | 258 | 2007 | — | — |
| 12 | MediaV DSP + DMP + Developer of online marketing analytics and tracking technologies | $65M | 181 mo ago | Acquired | 124 | 2009 | Ning Hu Co-Founder | — |
| 13 | Domob Mobile advertising network | $63M | 141 mo ago | Acquired | 201 | 2010 | Yujie Qi CEO | — |
| 14 | yoyi digital Yoyi Digital is a multi-screen programmatic buying platform for targeted online advertising and marketing… | $60M | 46 mo ago | Series D | 400 | 2007 | — | — |
| 15 | Adsame RTB Platform For digital advertising | $50M | 145 mo ago | Deadpooled | 400 | 2009 | — | — |
| 16 | Zamplus DMP with multi-channel audience data integration and data solution provider | $45M | 138 mo ago | Deadpooled | 141 | 2011 | — | — |
| 17 | Madhouse Mobile ad network and marketing platform | $30M | 158 mo ago | Acquired | 200 | 2006 | Charlie Ruan CEO | — |
| 18 | AdMaster Data management platform | $24M | 138 mo ago | Series C | 201 | 2006 | — | — |
| 19 | Tixa Internet Technology Contextual Advertising solution | $24M | 238 mo ago | Deadpooled | — | 2000 | Zhang Xiangning Founder | — |
| 20 | DeepLeaper Advertising content recommendation platform | $22M | 88 mo ago | Series B | — | 2016 | Ray Wang Co-Founder & CEO | — |
| 21 | PapayaMobile Mobile advertising tool for advertisers | $22M | 181 mo ago | Series B | 163 | 2008 | — | — |
| 22 | Limei Technologies Offers full stack advertising technology solutions | $20M | 130 mo ago | Deadpooled | 5 | 2010 | Yi Shu Founder & CEO | — |
| 23 | Youmi Demand side platform and Ad network | $17M | 107 mo ago | Series B | — | 2010 | Chandy Founder & CEO | — |
| 24 | youmi Youmi is an industry-leading mobile advertising and marketing platform. Contact : [email protected] (skype) | $17M | 107 mo ago | Series B | 71 | 2010 | — | — |
| 25 | TotallyAwesome Platform offering children focused ad solutions | $15M | 46 mo ago | Acquired | 114 | 2015 | — | — |
| 26 | Hecai Network Technology Rich media ad creative platform | $13M | 70 mo ago | Deadpooled | — | 2013 | — | — |
| 27 | Adwo Develops mobile advertising platform | $12M | 139 mo ago | Deadpooled | 44 | 2010 | — | — |
| 28 | Zingfront AI-based video creative solution | $12M | 96 mo ago | Series A | 29 | 2015 | Xiuwen Zhao Founder | — |
| 29 | CTS Media Instream online video advertising network | $11M | 229 mo ago | Deadpooled | — | 2005 | Edward Young Founder & CEO | — |
| 30 | PressLogic Provider of AI powered ad campaign management platform | $10M | 91 mo ago | Series A | — | 2016 | Christine Lai Co-Founder & Vice President of Content strategy | — |
| 31 | Appcoach Mobile Advertising Platform | $10M | 129 mo ago | Series A | 66 | 2014 | — | — |
| 32 | OptAim Technology Mobile DSP with an integrated DMP | $10M | 137 mo ago | Acqui-Hired | 100 | 2013 | — | — |
| 33 | MediaShare Video ad network provider | $10M | 180 mo ago | Deadpooled | — | 2010 | Lixuan Chen CEO | — |
| 34 | eMar RTB enabled DSP based in China | $10M | 219 mo ago | Series B | — | 2004 | Ke Xixing CEO & President | — |
| 35 | Reachmax Programmatic demand-side ad platform for videos | $9M | 68 mo ago | Series B | — | 2013 | Yuko Jie Co-Founder & CEO | — |
| 36 | CloudCross Digital video ad platform and contextual marketing tool | $8M | 135 mo ago | Series A | — | 2012 | Jiang Lan Founder & CEO | — |
| 37 | Vqudo Platform for social media marketing | $8M | 124 mo ago | Series A | — | 2015 | Li Junxiang CEO | — |
| 38 | Ihuiniu Programmatic advertising trading platform | $6M | 108 mo ago | Series A | — | 2016 | Jiang Lei CEO | — |
| 39 | UniQlick Demand side platform | $5M | 163 mo ago | Deadpooled | 5 | 2010 | Haiyang Yu CEO | — |
| 40 | WiseMedia Ad network providing DSP, SSP and private ad marketplace | $5M | 123 mo ago | Public | 30 | 2011 | Zhao Shilu CEO | — |
| 41 | Yooya Cross-device video ad marketing platform | $4M | 125 mo ago | Acquired | — | 2011 | Rick Myers CEO & Director | — |
| 42 | AdIn Media Ad exchange + SSP | $3M | 146 mo ago | Acquired | — | 2013 | Siliang Tan Founder | — |
| 43 | mtty.com Traffic aggregation and supply side ad platform | $3M | 120 mo ago | Series A | 50 | 2015 | Wang Nan CEO | — |
| 44 | Multichannel Cross-channel campaign management solution | $3M | 150 mo ago | Deadpooled | 35 | 2012 | Dmitry Fedotov CEO & Founder | — |
| 45 | OneOneDay Reward-based mobile ad platform | $2M | 80 mo ago | Seed | 13 | 2019 | Rick Tsing Founder & CEO | — |
| 46 | Inplayable Mobile advertising solutions for in-app game demos | $2M | 93 mo ago | Deadpooled | 50 | 2017 | — | — |
| 47 | Shenzhen Tongtianxia Technology Advertising platform for travel agencies | $1M | 108 mo ago | Seed | — | 2012 | — | — |
| 48 | TouchMobi Mobile App Promotion with RTB Demand-Side Platform | $250K | 168 mo ago | Seed | 1 | 2011 | Benjamin Law CEO & MD | — |
Top 12 AdTech companies in China
#1
Series D · Beijing, Beijing · founded 2011 · 307 employees$210Mraised▾
Provider of data analytics and marketing solutions for various industries. The company offers app analytics, ad tracking, and brand growth monitoring. It provides services such as financial risk control and data tagging. The company delivers marketing growth, brand marketing, and fintech product solutions. It also offers industry solutions for auto, beauty, and clothing sectors.
- Jun 2024Series D—
- 2023Series D—
- Jan 2021Series D$100M
- 2017Series D—
#2
Public · Beijing, Beijing · founded 2009 · 5935 employees$586Mraised▾
Weibo Corp is a China-based company mainly engaged in the social media advertising business for people to create, discover and distribute content. The Company's activities include Advertising and Marketing, which mainly provides a full range of advertising customization and marketing solutions. The Value-added Services mainly provide services such as membership services on social platforms, online games, live broadcasts, social e-commerce, and others. The Company's main product is the social platform Weibo.
#3
Series D · Beijing, Beijing · founded 2015$218Mraised▾
Anti fraud software for enterprises. It uses artificial intelligence and big data to help clients identify and deal with fraud. Its products include fraudulent spam content and picture detection, fingerprint recognition, and mobile phone number identification.
- Apr 2021Series D$135M
- Jan 2020Series C$73M
- Mar 2017Series A$10M
#4
Panshi 🦄Series D · Hangzhou, Zhejiang · founded 2004 · 314 employees$661.1Mraised▾
Panshi offers online and mobile advertising solutions for SMEs and operates an Ad network called Adyen. Panshi offers behavioural targeting, geo-targeting options to the advertisers. Its Ad Exchange integrates major mobile platforms including apps mobile sites. Also, offers a product for ad management which includes planning, ad optimization, advertising data management, and delivery of ads.
- Oct 2018Series D$324.8M
- Dec 2016Series C$116.2M
- May 2015Series B$200M
- Jan 2011Series A$20M
#5
Series D · Beijing, Beijing · founded 2007 · 400 employees$60Mraised▾
Developer and provider of intelligence digital marketing solutions. Based on technologies in data collection, user analysis and global marketing applications, the company's solutions include a Client Data Platform (CDP), Marketing Automation Platform and a Smart Advertising Platform, providing corporates users with integrated marketing services that drives business growth.
#6
Public · Guangzhou, Guangdong · founded 2013 · 772 employees$124.2Mraised▾
Mobvista operates a worldwide mobile ad network. It integrates ad spots and websites from 236 countries. Receives more than 5 billion daily impressions. Specializes in global mobile advertising and overseas game publishing. Raised funding from Haitong Capital which is a fund of Shanghai media group. The company got listed on China's Third new board on Nov 2015. Post IPO, it has raised 520 million yuan from Mango TV's VC fund and several other Chinese funds.
- Jan 2021Post IPO$30M
- Feb 2017Conventional Debt$100M
- May 2016Post IPO$80M
- Jul 2015Series B$32.2M
#7
Series D · Dongcheng, Beijing · founded 2008 · 12 employees$371.7Mraised▾
Moviebook is an interactive video ad technology provider. It offers tools to embed brand logos and ads into a video or image which can then be advertised using the companies ad serving platform. Users watching the video can click on the product and get redirected to the brand's homepage to purchase the product. The company also offers a data management platform and a media asset management platform. Some of the platform solutions include visual analysis, video editing, and creation, behavioral motion analysis, cloud image processing, etc.
- Jul 2019Series D—
- Feb 2019Series D—
- Jan 2019Series D$99.2M
- Aug 2018Series D$198.6M
#8
Series C · Beijing, Beijing · founded 2009 · 1683 employees$106Mraised▾
InMyShow is a social advertising company based in China. Provides social advertising analysis system and enterprise-level social advertising engine. Clients include TCL, Haier, HRS, Toyota, Huawei, and WIS professional. Provides WEIQ which provides social marketing solution. Advertisers can select suitable media and input about the content spreading. WEIQ spread the content accordingly. Also provides a targeting solution using which advertisers can target a specific set of users.
- Sep 2020Post IPO$312.3M
- Aug 2017Series C$90M
- 2013Series B$12M
- 2009Series A$4M
#9
Acquired · Hong Kong, Hong Kong · founded 2015 · 114 employees$14.9Mraised▾
Platform offering children focused ad solutions. It allows brands to run ad campaigns to engage kids on mobile, video, and desktop. The platform creates content that is right for kids and teens. It also offers tools to media planners to engage with the audience, optimized media mixes, deep data insights, etc. It enables advertisers to monitor content across multiple devices such as tablets, smartphones, and laptops in real-time to ensure adherence to children’s data protection laws.
- Aug 2022Seed$10M
- Aug 2022Conventional Debt—
- Feb 2017Angel$2M
- Unattributed$2.9M
#10
Public · Xi An, Shaanxi Sheng · founded 2011 · 818 employees$140Mraised▾
Yeahmobi is a performance-based mobile advertising network focused on user acquisition and monetization of mobile apps. Yeahmobi algorithms help in targeting the best demography for the advertiser and has integrated with ad exchanges like Smaato, double click, Mopub, Nexage among others. It offers flexible pricing models CPM, CPC, CPI, and CPS.
- Dec 2016Series C$100M
- Apr 2016Series B$25M
- Mar 2014Series A$15M
#11
Series D · Beijing, Beijing · founded 2006 · 201 employees$85Mraised▾
Miaozhen focuses on ad tracking, ad serving, and data management platform. Its technology gives clients an overall view on marketing campaign performance across different media sources such as web-based, social, and mobile. It provides demography, geography, and follow-up behavioral performance across the target audience. Also offers media planning systems that help to analyze online media and target audiences while devising & delivering media plans in prebuy stage. Miaozhen Systems headquarters is in Beijing, with branch offices in Shanghai, Guangzhou, and Singapore. Its clients include P&G, Volkswagen, L’Oreal, KFC, etc.
- May 2015Series D$50M
- Apr 2013Series C$10M
- Oct 2011Series B$20M
- Jul 2010Series A$5M
#12
Series C · Beijing, Beijing · founded 2008 · 419 employees$98Mraised▾
iPinYou is a Demand side platform that provides Real-Time Bidding (RTB) through its audience-based programmatic advertising technology. Its clients include Fortune 500 companies and major e-commerce platforms in China. Claims to have a 52.8% market share in China's programmatic buy branded market. Has offices across Beijing, Shanghai, Guangzhou and Silicon Valley. Raised $78M in Dec 2015 and dismantled its variable interest entity (VIE) structure to become a domestically-structured company, with a view of a domestic IPO in China.
- Dec 2015Series C$78M
- Jan 2013Series B$20M
- May 2011Series A—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of AdTech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising