Coway

Seoul, South Korea Founded: 1989 • Age: 37 yrs Acquired By Netmarble Games Corporation
Water purification, air purification, and mattress rental services are provided.
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About Coway

Coway is a company based in Seoul (South Korea) founded in 1989 was acquired by Netmarble Games Corporation in February 2022.. Coway offers products and services including Water Purifiers and Air Purifiers.

  • Headquarter Seoul, South Korea
  • Stage Public
  • Sectors
    Consumer
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Coway Co., Ltd.
Operational Areas
Consumer → Beauty, Personal & Household Care
Key Metrics
  • Annual Revenue
    $2.92 B (USD)
    8.66
    as on Dec 31, 2024
  • Net Profit
    $383.51 M (USD)
    20.01
    as on Dec 31, 2024
  • EBITDA
    $840.8 M (USD)
    3.33
    as on Dec 31, 2024
  • Latest Funding Round
    $93 M (USD), Post-IPO

    Jun 01, 2013

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
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IPO & Listings of Coway

Coway is a publicly listed company on the KRX with ticker symbol 021240 in South Korea, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: KRX · Ticker: 021240 . Sector: Consumer durables · South Korea

Products & Services of Coway

Coway offers a comprehensive portfolio of products and services, including Water Purifiers and Air Purifiers. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Water purifiers are manufactured for purifying drinking water in households.

Air purifiers are designed for improving indoor air quality by removing pollutants.

People of Coway
Headcount 200-500
Employee Profiles 5
Employee Profiles
People
Jae Min Hwang
Business Planning Assistant Manager
People
Hyung Jin Kye
CFO
People
Hyeonkyeong Yae
Business Planning Analyst

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Funding Insights of Coway

  • Total Funding
  • Total Rounds 1
  • Last Round Post-IPO — $93.0M
  • First Round

    (01 Jun 2013)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2013 Amount Post-IPO - Coway Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Coway

Coway has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Netmarble Games Corporation and CPP Investments. 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.

All
Institutional
Investor Description Founded Year Domain Location
Pension fund assets are managed for sustainable long-term growth.
Founded Year Domain Location
Mobile-based mid-core games are developed and published across platforms.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Coway

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Coway

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Coway Comparisons

Employees
+
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Competitors of Coway

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Coway

Frequently Asked Questions about Coway

When was Coway founded?

Coway was founded in 1989 and raised its 1st funding round 24 years after it was founded.

Where is Coway located?

Coway is headquartered in Seoul, South Korea.

Who is the current CEO of Coway?

Park Jae young is the current CEO of Coway.

What is the annual revenue of Coway?

Annual revenue of Coway is $2.92B as on Dec 31, 2024.

What does Coway do?

Founded in 1989 and headquartered in Seoul, South Korea, Coway operates in the home appliances sector. Water purifiers, air purifiers, mattresses, and related products are offered through a rental subscription model. Maintenance, filter replacements, installation, repair, and customer support services are included in agreements. Operations focus on delivering regularly maintained equipment to customers across the region.

What products or services does Coway offer?

Coway offers Water Purifiers and Air Purifiers.

Is Coway publicly traded?

Yes, Coway is publicly traded on KRX under the ticker symbol 021240.

Who are Coway's investors?

Coway has 2 investors. Key investors include Netmarble Games Corporation, and CPP Investments.

What is Coway's ticker symbol?

The ticker symbol of Coway is 021240 on KRX.

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