About Asiaec
Asiaec is a company based in Beijing (China) founded in 1999 was acquired by ODP Business Solutions in September 2006.. Asiaec operates in a competitive market with competitors including WizOffice, Yinlianbang, Hunan Printing Materials, Yhyoffice and Easy to buy paper, among others.
- Headquarter Beijing, China
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Sectors
Retail
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
The Carlyle Group
& 2 more
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Employee Count
Employee Count
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Acquired by
ODP Business Solutions
(Sep 28, 2006)
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Funding Insights of Asiaec
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2000 | Amount | Series A - Asiaec | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Asiaec
Asiaec has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include The Carlyle Group, ODP Business Solutions and Warburg Pincus. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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Multi-stage private equity investments are pursued across diverse sectors.
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Founded Year | Domain | Location | |
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SaaS-based ERP solutions are offered for multiple industries.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Asiaec
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Asiaec
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Asiaec Comparisons
Competitors of Asiaec
Asiaec operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as WizOffice, Yinlianbang, Hunan Printing Materials, Yhyoffice and Easy to buy paper, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
E-distributor of office supplies
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| domain | founded_year | HQ Location |
Products for printing and photocopy shops are supplied B2B.
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| domain | founded_year | HQ Location |
Provides comprehensive solutions for printing machinery, equipment, and ink.
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| domain | founded_year | HQ Location |
Online retailer of office equipment, electronics, and supplies for consumers.
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| domain | founded_year | HQ Location |
Serves as an e-distributor specializing in office supplies for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Asiaec
When was Asiaec founded?
Asiaec was founded in 1999 and raised its 1st funding round 1 year after it was founded.
Where is Asiaec located?
Asiaec is headquartered in Beijing, China.
What does Asiaec do?
Asiaec was founded in 1999 in Beijing, China, focusing on B2B e-procurement. Office equipment, furniture, and related supplies are distributed via an online platform, with operations centered in the Chinese market. Delivery and after-sales services are provided to support transactions. The company was acquired by Office Depot in September 2008.
Who are the top competitors of Asiaec?
Asiaec's top competitors include WizOffice, Yinlianbang and Hunan Printing Materials.
Who are Asiaec's investors?
Asiaec has 3 investors. Key investors include The Carlyle Group, ODP Business Solutions, and Warburg Pincus.