9GAG is a Hong Kong-based online platform and social networking website that allows its customers to add and share "user-generated content" or other content from external social media sites.Since the platform for collections of Internet memes was launched on July 1, 2008,it has grown in reputation across social media such as Facebook, Twitter, and Instagram.

History

The website was co-founded in 2009–2010 by way of a team of five Hong Kong people: University of Hong Kong student Ray Chan, his brother Chris Chan, Derek Chan, Marco Fung, and Brian Yu, with the intention of creating an alternative online platform to e-mail on which customers may want to effortlessly share humorous photographs or videos. In a 2012 interview, its CEO Ray Chan declined to give an explanation for the origins of the name "9GAG".

Starting the corporation beneath a "Just for Fun" mentality, 9GAG's co-founders began the usage of 9GAG as a résumé-builder for the 500 Startups accelerator program. During the summer program, the 9GAG crew worked on different startup ideas, together with StartupQuote and Songboard.

Following the 500 Startups accelerator program, 9GAG participated in Y Combinator's incubator and its user-base accelerated to 70 million world unique visitors per month.[7] The 9GAG co-founding crew discontinued all different tasks and shifted their focus completely on 9GAG. 500 Startups used to be given fairness for their aid and mentorship.

In July 2012, 9GAG raised an additional US$2.8 million in funding from Silicon Valley-based assignment capital,including True Ventures and Greycroft Partners. In August 2012, 9GAG acquired some other US$2.8 million in funding from Silicon Valley undertaking capitalists, which includes True Ventures and Greycroft Partners, as nicely as character traders like Christopher Sacca, Kevin Rose, and Naval Ravikant. This funding used to be able to support 9GAG's engineering group growth each in Hong Kong and in Silicon Valley.9GAG is headquartered in Tsuen Wan, Hong Kong with workplaces in Mountain View, California.

 

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