2% Group

Hong Kong, China Founded: 1994 • Age: 32 yrs Acquired By Readen Holding
Casual wear clothing is designed, marketed, and distributed globally.

About 2% Group

2% Group is a company based in Hong Kong (China) founded in 1994 was acquired by Readen Holding in June 2019. 2% Group has raised $12 million across 1 funding round from investors including CLSA Capital Partners and Readen Holding. 2% Group offers products and services including Partnership Services and Consulting Services.

Operational Areas
Key Metrics

Products & Services of 2% Group

2% Group offers a comprehensive portfolio of products and services, including Partnership Services and Consulting Services.

Partnership Services
Business Services

Partnerships and collaborations are facilitated for business purposes

Consulting Services
Advisory Services

Advisory support is offered for industrial and business needs

Funding Insights of 2% Group

2% Group has successfully raised a total of $12M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $12 million completed in September 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $12M
  • Total Rounds 1
  • Last Round Private Equity Round β€” $12M
  • First Round $12M

    (Sep 2011)

  • Investors Count 1

All 1 funding rounds of 2 Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2011$12MPrivate Equity Round––
Valuation history

2 investors in total: 2 institutional.

Investors in 2% Group

2% Group has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include CLSA Capital Partners and Readen Holding.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
-
–readenholdingcorp.com-
REIT firm
1986clsacapital.comHong Kong, China
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Investor details for 2 Group

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Timeline of 2% Group

3 dated milestones of 2% Group across 25 years, from founding to its latest funding, stage changes and deals.

  1. Founded 2% Group is founded.
  2. Funding First funding round of $12.0M.
  3. Exit Acquired by Readen Holding.

Web traffic of 2% Group

The website of 2% Group (2percenthk.com) receives about 2.5K visits a month.

  • Monthly visits
    2.5K

    ▲ 11.1% vs previous month

Similar websites

Websites whose visitors overlap most with 2% Group. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
mydress.com
100%
21K#968,894View details
viola-pd.com
viola-pd.com
85%
–––
veeko.com.hk
85%
––View details
lesaunda.com.hk
85%
––View details
remyfashion.com
remyfashion.com
85%
–––
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
Premium access

All 10 similar websites and full traffic analytics for 2% Group

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 10 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Similar companies to 2% Group

10 companies that operate in the same segment as 2% Group (Retail Stores & Chains), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Home improvement products and services are retailed by Lowe's.
1946Mooresville, North Carolina, United States–USD 86.29 B270,000
Office supplies and business products are distributed online to companies.
1986Framingham, Massachusetts, United States––13,447
Pet foods, products, and care services are provided by PetSmart.
1987Phoenix, Arizona, United StatesUSD 23.3 M––
Multi-format offline retail is operated in India.
1997Mumbai, Maharashtra, IndiaUSD 3.41 BUSD 280.87 K32
Grocery products are retailed through a nationwide chain of stores.
1883Cincinnati, Ohio, United States–––
Internet first brand of fashion apparel wear for men and women
1975Arteixo, A Coruna, Spain–USD 308.1 M1,454
Retailer offering wide array of perfumes
1910Dusseldorf, North Rhine-westphalia, GermanyUSD 259.43 M––
Groceries, essentials, clothing, and electronics are retailed nationwide.
1962Minneapolis, Minnesota, United States–USD 104.78 B440,000
Hypermarkets and retail stores are operated globally by Carrefour.
1959Massy, France–USD 98.74 B324,750
Fashion apparel, shoes, and accessories are retailed nationwide.
1901Seattle, Washington, United States–––
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Frequently Asked Questions about 2% Group

2% Group was founded in 1994 and raised its 1st funding round 17 years after it was founded.

2% Group is headquartered in Hong Kong, China.

2% Group is a funded company, having raised a total of $12M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $12M, raised on Sep 2011.

The company was founded in 1994 by Herbert Chanin in Hong Kong, China, within the apparel sector. Casual wear is designed with influences from pop culture and fashion trends. Marketing and distribution occur under brands including , TH:, ODF, asamiimajuku, and WIP. Operations include 64 owned stores in Hong Kong, Shanghai, Beijing, and Taiwan, alongside 96 franchise outlets across other regions of China and Asia.

2% Group offers Partnership Services and Consulting Services.

2% Group has 2 investors. Key investors include CLSA Capital Partners, and Readen Holding.

2% Group operates through ,.

Yes. 2% Group was acquired by Readen Holding in June 2019.

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