Snowball Finance
Snowball Finance operates xueqiu.com, a Beijing-headquartered internet financial-information platform founded in 2010 that provides Chinese retail investors with a social community for stock and investment-strategy discussion.
- Company typePrivate
- Founded2010
- HeadquartersBeijing, China
- Headcount11–50
- GTM typeB2C
- OfferingDigital Commerce or Content
Snowball Finance firmographics
Firmographics- Name
- Snowball Finance
- Website
- http://www.xueqiu.com
- Company type
- Private
- Founded year
- 2010
- Headcount range
- 11–50 employees
- Short description
- Snowball Finance operates xueqiu.com, a Beijing-headquartered internet financial-information platform founded in 2010 that provides Chinese retail investors with a social community for stock and investment-strategy discussion.
- Ownership category
- akta.pro rank
Where Snowball Finance is headquartered
LocationHeadquarters
- HQ city
- Beijing
- HQ country
- China
- HQ region
- Asia
Markets served
Snowball Finance business model
Business model- GTM type
- B2C
- Offering type
- Digital Commerce or Content
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Snowball Finance product offering
Product offeringCore offering
Snowball Finance operates xueqiu.com, an internet-based financial information service platform that delivers investment-related content, market data, and investor community features. The service is designed for individual investors seeking investment information and decision-support content online.
Differentiator
Problem solved
Functional benefit
Products and services
- Xueqiu (Snowball) Investment Information Platform Internet financial information service platform at xueqiu.com that provides investment information and content to individual retail investors in China.
Companies that use Snowball Finance
Customer profileIdeal customer profiles1 record
Snowball Finance technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Snowball Finance competitors and assessment
Company assessmentDirect peers
- East Money Information Co., Ltd. (东方财富): One of China's largest online investment-information platforms combining financial news, data, community, and brokerage. Directly comparable to Snowball Finance's xueqiu.com in product (social investment community, data, advisory) and customer base (Chinese retail investors).
- Hexin Flush Information Network (同花顺): Major Chinese investment-information and trading-software provider with mobile-first product, data terminals, and retail-investor community. Overlaps with Snowball Finance on investment information, data, and retail-investor audience.
- Futu Holdings (富途): Hong Kong–listed online brokerage and wealth-management platform serving Chinese retail investors with trading, community, and content. Comparable to Snowball Finance in customer base and investment-information/community offering.
- Tiger Brokers (老虎证券): Online brokerage targeting Chinese and global Chinese retail investors with trading, market data, and investor-community features. Comparable to Snowball Finance on serving Chinese retail investors with information + transaction-enabled platform.
- Wind Information Co., Ltd. (万得资讯): Leading Chinese financial-data and terminal provider serving institutional and professional investors. Comparable to Snowball Finance on the investment-information/data-services side, though more institutional.
- Wallstreetcn (华尔街见闻): Chinese financial-media and investment-information platform with content, data, and investor community features. Comparable to Snowball Finance on Chinese-language investment information and retail-investor audience.
Broad incumbents
- Seeking Alpha: Global social-investing platform combining crowd-sourced investment research, news, and portfolio tools. The closest global analogue to xueqiu.com's social-investing community, though geographically separate.
- Ant Group (蚂蚁集团): Chinese fintech giant operating Alipay and a wealth/investment ecosystem; also a Snowball Finance investor ($120M, 2018). Overlaps indirectly via investment-information and wealth-management offerings serving the same Chinese retail-investor base.
- Interactive Brokers: Global online brokerage with advanced trading tools, market data, and an active retail-investor community. Comparable to Snowball Finance as a multi-asset information + trading platform serving retail investors, though with different geographic focus.
Emerging players
- Stocktwits: Social platform for investors focused on real-time sentiment and discussion around stocks and ETFs. Comparable to Snowball Finance on the social-investing community concept, but smaller and US-centric.
Market position
Customer concentration
Snowball Finance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Snowball Finance leadership team
Management profileNumber of profiles
Profiles1 record
Snowball Finance funding detail
Funding detailFunding overview
Funding rounds5 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Snowball Finance M&A and investment
M&A and investmentM&A
Investments3 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Snowball Finance
What does Snowball Finance do?
Snowball Finance operates xueqiu.com, an internet-based financial information service platform that delivers investment-related content, market data, and investor community features. The service is designed for individual investors seeking investment information and decision-support content online.
When was Snowball Finance founded?
Snowball Finance was founded in 2010. It employs 11 to 50 people.
Where is Snowball Finance based?
Snowball Finance is headquartered in Beijing, China, in the Asia region.
Who are Snowball Finance's main competitors?
Direct peers on record are East Money Information Co., Ltd. (东方财富), Hexin Flush Information Network (同花顺), Futu Holdings (富途), Tiger Brokers (老虎证券), Wind Information Co., Ltd. (万得资讯) and Wallstreetcn (华尔街见闻). Broad incumbents are Seeking Alpha, Ant Group (蚂蚁集团) and Interactive Brokers. Stocktwits is listed as an emerging player.
Does Snowball Finance have an API?
No public API is recorded for Snowball Finance.