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Open Source China

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Open Source China is a software open source technology community

Shenzhen, ChinaFounded 2008Transportation
Valuation $500M–1B Latest valuation · 2026
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Open Source China and the history behind them.

About Open Source China

Open Source China, operating under the domain oschina.net, is a significant entity in China's open-source landscape, established to foster a domestic ecosystem for developers. The company was founded by a programmer known as "Hong Shu" (Red薯). Joining him are CEO Ma Yue and COO Xu Yong. The initial website, oschina.net, went live on August 31, 2008, with the formal company, Shenzhen OSC Network Technology Co., Ltd., being established in 2011.

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The firm's core operation is a comprehensive community platform providing IT developers with resources to discover, use, and discuss open-source technology. A pivotal moment in its history was the 2013 launch of a cloud-based collaborative development platform, which evolved into the widely recognized Gitee (gitee.com). Gitee, often compared to GitHub, is a Git-based code repository and DevOps platform that serves as the company's flagship product. While acknowledging early inspiration from GitHub, the founders emphasize that Gitee has since developed features tailored to the needs of Chinese developers. The platform has grown to host over 28 million repositories and serve 12 million developers.

Open Source China's business model revolves around its Gitee platform, which offers tiered services including a free community edition, along with paid Enterprise, Professional, and University editions that provide advanced features for corporate clients and educational institutions. The company generates revenue through these premium offerings and has also launched an enterprise crowdfunding platform. Strategic investments from major technology players like Baidu and Huawei in 2019 and 2020, respectively, have provided significant capital backing. Furthermore, in 2020, Gitee was selected by China's Ministry of Industry and Information Technology (MIIT) to be the foundation of the country's national open-source code hosting platform, solidifying its strategic importance.

Beyond code hosting, oschina.net provides a suite of tools for developers, including online API documentation, code formatting utilities, and platforms for running and sharing code snippets. The company actively engages its community through events like "Yuan Chuang Hui" and an annual awards ceremony for open-source software, both initiated in its early years. They also offer merchandise and have expanded into creating industry reports and publications to analyze trends within the Chinese open-source ecosystem.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2008
Headquarters
Shenzhen, China
Employees
82
Open positions
None listed
Dealroom signal
35.2/100
Industry
Transportation
Sector
Transportation, Open Source, Community
Client focus
b2c

Latest news

Press, funding announcements and product moves mentioning Open Source China.

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Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES COther financing Apr 2026 $28M $533M Lenovo Capital and Incubator Group (LCIG) · Suzhou Capital Group · Baker Capital · Shanghai State Investment
SERIES COther financing Mar 2025 $28M $138M Beijing Municipal Government Investment Guidance Fund
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Growth signals

Open Source China website traffic

Latest recorded traffic for Open Source China is 1.1M monthly website visits, up 10% over the last three months. Open Source China's team grew 2.5% over the past year.

Latest monthly visits1.1M 3-month web change+10% 1-year team growth+2.5%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investors

24 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A18 investors entered at this stage

  • Baidu Ventures
  • Habo Investments
  • Spinnotec
  • Xi'an Zhongke Chuangxing Technology Incubator
  • Zhangjiang Torch Venture Capital Co
  • Legend Capital
  • Zhangjiang Science and Technology Investment
  • Ruiyi Investment
  • Winreal Investment
  • China Online Investment
  • Shanghai STVC Group
  • China Mobile
  • FutureX Capital
  • Shanghai SIIC Fund Management
  • Lenovo Venture Capital
  • TEDA Group (Formerly Ningbo Free Trade Zone TEDA International)
  • Shanghai Pudong Software Park
  • National Investigation and Reform Fund Partnership

Series B and later6 investors entered at this stage

  • Beijing Municipal Government Investment Guidance Fund
  • Shanghai State Investment
  • Lenovo Capital and Incubator Group (LCIG)
  • Suzhou Capital Group
  • Baker Capital
  • China Internet Investment Fund
Employees 82 total headcount
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇨🇳 China100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Open Source China on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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