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Haimawan (Droid4X)

  Beijing,   Website
PITCH
Millions of gamers use this free Android simulator to play their mobile/tablet games on a Mac or PC, for best performance, compatibility and user experience.
WHY?

Enhanced experience on PC

Easier to play using a mouse or keyboard; no more worrying about phone battery dying.

No emulator for Mac

Other than Droid4X, the Android emulators in China only support Windows, not OS X.

MARKET

465 million

Expected number of mobile gamers in China by 2016

The number of gamers in China using an Android emulator/simulator to play mobile games is forecast to reach at least 200 million in 2016.

PRODUCT
Droid4X is a free Android emulator/simulator (a program that runs a guest Android OS on a PC or Mac). Has networking, Google Play Store, functional applications. With Droid4X installed, users can treat their PC/Mac like any Android device: play games, install apps, test apps, etc.
Droid4X is a free Android emulator/simulator (a program that runs a guest Android OS on a PC or Mac). Has networking, Google Play Store, functional applications. With Droid4X installed, users can treat their PC/Mac like any Android device: play games, install apps, test apps, etc.
BUSINESS MODEL
While Droid4X is free, users can pay for a VIP account. Droid4X is welcomed by mobile game makers as it provides a new way to play their games, i.e., Droid4X helps them to expand their reach and open a new consumer segment.

Read more

It has partnered with over 100 game companies, which have made it possible for PC users to download games from their websites.

TIMELINE

  • Launch
  • Growth
  • Recent Developments
  • Future Plans
  • 2013 - December, company set up, began developing product.
  • 2014 - Partnered Giant Interactive, gained Series A financing, reached 20 million users.

    Read in detail:

    Expansion

    November, entered partnership with NYSE-listed online games developer and operator Giant Interactive Group.

    • User numbers exceeded 20 million.
    • Its 2014 annual revenue was over RMB 20 million.
    Fundings

    Secured 8-digit RMB Series A financing from Giant Innovation Capital, the venture capital arm of Giant Interactive Group.

  • 2015 - Raised Series B financing; launched Droid4X for Mac, a first in China.

    Read in detail:

    Products and services

    August, launched Droid4X for Mac. Haimawan is the first company in China to provide Android emulator/simulator for OS X.

    Expansion

    Monthly active users reached 22 million in 1Q.

    2015’s annual revenue increased 10 times versus 2014 (RMB 20 million).

    Fundings

    July, received hundreds of millions RMB in Series B investment from the Zhejiang Daily Media Group, Giant Innovation Capital and CDF-Capital.

    • Funds to go toward building content community and product platform, intelligent hardware development and production, and overseas expansion.
  • Recent Developments

    Has also launched the MESUIT case, which when fitted onto an iPhone allows the phone to also run Android; and an accompanying app that allows the iPhone to display it. Currently for sale only in China starting at RMB 999 for the iPhone 6/6S model.

    Another product is the “Apple Assistant”, an iOS version of Droid4X. 

    2016 revenue is expected to grow 3–5 times versus 2015.

    In total, Haimawan has nearly 700 million users. As of 1Q16, monthly active users reached 22 million, with millions paying for VIP accounts. 

    Besides its HQ in Beijing, it has offices in Qingdao, Shanghai and Tianjin. It employs about 400 staff, of which more than 60% are in product development.


  • Future Plans

    Invest RMB 1 billion over the next three years to jointly develop with Tencent an Android-based cloud computing platform.

    Develop a more advanced operating model, improve creative strategy and positioning.

    Enter the video games segment.

Updated: 07/2016
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