Xunlei Limited: Business Overview, Financials & Competitive Analysis
Xunlei Limited scores 6/10 on the AskCyborg Cyborg Score (Solid). Multi-platform digital media and cloud services provider with recent strategic acquisitions showing revenue momentum despite historical headwinds. Q3 2025 showed total revenue of $126.4M, up 57.7% YoY, led by subscription growth. However, revenue declined year-over-year in 2024 and margin pressure remains a concern, tempering enthusiasm.
What is Xunlei Limited's industry? Xunlei Limited (xunlei.com) operates in Cloud Computing & Digital Entertainment / Internet Software Services. AskCyborg classifies Xunlei Limited under Cloud Computing & Digital Entertainment / Internet Software Services in its company registry.
Xunlei Limited is a technology company founded in 2003 that focuses on distributed cloud services in China. The company provides products and services across cloud acceleration, shared cloud computing and digital ente...
Cyborg Score thesis
Multi-platform digital media and cloud services provider with recent strategic acquisitions showing revenue momentum despite...
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Pro stress-test →Xunlei Limited is a technology company founded in 2003 that focuses on distributed cloud services in China. The company provides products and services across cloud acceleration, shared cloud computing and digital entertainment with the goal of delivering an efficient, smart and safe internet experience.
Strategic Profile
Pro stress-test →The company uses cloud-based acceleration technology to give users quick and convenient access to digital media content through offerings such as Xunlei Accelerator and cloud acceleration subscription services. In 2025, Xunlei announced the acquisition of Shanghai Kuanghui Network Technology Co., Ltd., which operates Hupu, a sports media and data platform, as part of efforts to deepen the company's content ecosystem and expand advertising-related business.
Competitive Landscape
Pro stress-test →Xunlei is classified as a software publisher operating an internet platform based on cloud computing. The company competes in cloud acceleration, digital entertainment, and live-streaming markets against domestic and international tech players in China's digital media and cloud services sectors.
Industry Context
Xunlei Limited operates in Cloud Computing & Digital Entertainment / Internet Software Services.
Key facts
Founded: 2003 · Headquarters: Shenzhen, China · Revenue: $323.14M (2024)