CR Wandong

Beijing, China Founded: 1955 • Age: 71 yrs Acquired By Midea Group
Medical X-ray and MRI equipment is developed and manufactured.
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About CR Wandong

CR Wandong is a company based in Beijing (China) founded in 1955 was acquired by Midea Group in May 2021.. CR Wandong has completed 2 acquisitions, including Esaote and YUM! Brands. CR Wandong operates in a competitive market with competitors including Siemens Healthineers, Olympus, Lantheus, Carestream and Varex, among others.

  • Headquarter Beijing, China
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Medical Devices & Diagnostics
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Yuwell

    & 1 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Esaote

    & 1 more

  • Acquired by
    Midea Group

    & 1 more

    (May 19, 2021)

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Funding Insights of CR Wandong

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 CR Wandong

CR Wandong has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Yuwell and Midea Group. 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
Manufacturer of robotics, industrial automation, logistics and home appliances
Founded Year Domain Location
Manufacturer of medical equipment and devices
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 CR Wandong

CR Wandong has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Esaote and YUM! Brands. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Restaurants chains
1997
Biomedical diagnostic equipment is produced for human and veterinary uses.
1980
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - CR Wandong

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

Cr Wandong Comparisons

Employees
+
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Competitors of CR Wandong

CR Wandong 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 Siemens Healthineers, Olympus, Lantheus, Carestream and Varex, 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
AI-based medical diagnostics are developed for healthcare applications.
domain founded_year HQ Location
Manufacturer of imaging and surgical products
domain founded_year HQ Location
Developer of diagnostic imaging agents and targeted therapeutics
domain founded_year HQ Location
Developer of diagnostic imaging and healthcare information technology systems for hospital use
domain founded_year HQ Location
Developer of imaging equipment and accessories
domain founded_year HQ Location
Provider of portfolio of imaging devices for diagnostic and treatment purposes
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.

Frequently Asked Questions about CR Wandong

When was CR Wandong founded?

CR Wandong was founded in 1955.

Where is CR Wandong located?

CR Wandong is headquartered in Beijing, China.

What does CR Wandong do?

Founded in 1955 and based in Beijing, China, CR Wandong operates as a subsidiary of CR Holdings within the medical imaging sector. Development, manufacturing, and marketing of X-ray diagnostic equipment and MRI systems are conducted by the company. Products such as radiological imaging devices, C-shape permanent MRI systems (FDA and CE marked), and WD-PACS systems are included in its lineup. OEM components like diagnostic and radiographic tables are also provided.

Who are the top competitors of CR Wandong?

CR Wandong's top competitors include Olympus, Siemens Healthineers and United Imaging Healthcare.

How many acquisitions has CR Wandong made?

CR Wandong has made 2 acquisitions, including Esaote, and YUM! Brands.

Who are CR Wandong's investors?

CR Wandong has 2 investors. Key investors include Yuwell, and Midea Group.

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