About Beebag
Beebag is a company based in Shah Alam (Malaysia) founded in 2021 by Joshua Lim and Joel Lim. Beebag has raised $100 thousand across 1 funding round from investors including ScaleUp Malaysia. Beebag operates in a competitive market with competitors including Fave, ShopBack, MilkADeal, Doropu and Getex Malaysia, among others.
- Headquarter Shah Alam, Malaysia
- Founders Joshua Lim, Joel Lim
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Sectors
Retail
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$100 K (USD)
in 1 rounds
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Latest Funding Round
$100 K (USD), Seed
Apr 19, 2023
- Investors
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Employee Count
Not available
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Funding Insights of Beebag
Beebag has successfully raised a total of $100K through 1 strategic funding round. The most recent funding activity was a Seed round of $100 thousand completed in April 2023. 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.
Investors in Beebag
Beebag has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include ScaleUp Malaysia.
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Investor details for Beebag
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Investments & Acquisitions by Beebag
Investment portfolio details for Beebag
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Financial Statements - Beebag
Detailed financials for Beebag
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Beebag Comparisons
Peer comparison for Beebag
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Competitors of Beebag
Beebag 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 Fave, ShopBack, MilkADeal, Doropu and Getex Malaysia, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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A lifestyle app for deals and payments in Asia.
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Online platform offering rewards and cashback for multi-category products
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Cashback is provided for purchases from partnered stores and websites.
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App-based platform offering discounts and rewards to users.
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Getex Malaysia functions as an online deals aggregator and discovery platform for consumers.
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Detailed competitors of Beebag
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Latest news on Beebag
Complete news archive for Beebag
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Frequently Asked Questions about Beebag
Beebag was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Beebag is headquartered in Shah Alam, Malaysia. It is registered at Shah Alam, Selangor, Malaysia.
Joshua Lim is the current CEO of Beebag. They have also founded this company.
Beebag is a funded company, having raised a total of $100K across 1 funding round to date.
Beebag was established in 2021 in Shah Alam, Malaysia, by co-founders Joshua Lim and Joel Lim. An app-based platform is maintained by the company to facilitate rewards and cashback for users. Transactions with partner merchants are incentivized through this digital service. Operations are conducted in the consumer rewards sector, with a focus on mobile accessibility. The platforms domain, beebag.co, supports user engagement across Malaysia.
Beebag has 1 investor. Key investors include ScaleUp Malaysia.