About Asiaec
Asiaec is a Retail company based in Beijing (China) founded in 1999, and was acquired by ODP Business Solutions in September 2006. B2B e-procurement service provider. The company was acqui-hired. Its focus areas include B2B E-Commerce, Office Supplies and E-Distributor. Its competitors include WizOffice, Yinlianbang and Hunan Printing Materials; 1 of its 3 listed competitors has raised funding.
Company details
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.
- Headquarters Beijing, China
- Stage Acquired
- SectorsRetail
- Website asiaec.com
- Acquired by ODP Business Solutions (Sep 2006)
- InvestorsThe Carlyle Group
& 2 more
- Acquired byODP Business Solutions
(Sep 2006)
Funding Insights of Asiaec
- Total Rounds 1
- Investors Count 2
All 1 funding rounds of Asiaec with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2000 | Series A | – | – |
3 investors in total: 3 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are directed toward multiple sectors. | 1986 | carlyle.com | ||
Multi-stage private equity investments are pursued across diverse sectors. | 1966 | warburgpincus.com | New York, United States | |
SaaS-based ERP solutions are offered for multiple industries. | 2021 | odpbusiness.com | Columbia, United States |
Investor details for Asiaec
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 Asiaec
3 dated milestones of Asiaec across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Asiaec is founded.
- Funding First funding round.
- Exit Acquired by ODP Business Solutions.
Competitors of Asiaec
Asiaec has 3 listed competitors in our database, 1 of them funded. They include WizOffice, Yinlianbang and Hunan Printing Materials.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| iwizoffice.com | 2000 | Kwai Tsing, China | E-distributor of office supplies | |||
| yinlianbang.com | 2011 | Beijing, China | $1.4M | Products for printing and photocopy shops are supplied B2B. | ||
| hnznyc.com | 1979 | Changsha, China | Provides comprehensive solutions for printing machinery, equipment, and ink. |
Detailed competitors of Asiaec
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Asiaec
Asiaec was founded in 1999 and raised its 1st funding round 1 year after it was founded.
Asiaec is headquartered in Beijing, China.
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.
Asiaec's top competitors include WizOffice, Yinlianbang and Hunan Printing Materials.
Asiaec has 3 investors. Key investors include The Carlyle Group, ODP Business Solutions, and Warburg Pincus.
Yes. Asiaec was acquired by ODP Business Solutions in September 2006.