About ezbuy
ezbuy is a company based in Singapore (Singapore) founded in 2010 by Naeem Shahab Khan and He Jian was acquired by LightInTheBox in November 2018.. ezbuy has raised $20 million across 2 funding rounds from investors including LightInTheBox, IDG Ventures and China Growth Capital. ezbuy operates in a competitive market with competitors including Flipkart, Lazada, Alibaba, Amazon and ZALORA, among others.
- Headquarter Singapore, Singapore
- Founders Naeem Shahab Khan, He Jian
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ching International Service Pte. Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$20 M (USD)
in 2 rounds
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Latest Funding Round
$20 M (USD), Series B
Mar 22, 2016
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Investors
LightInTheBox
& 2 more
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Employee Count
Employee Count
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Acquired by
LightInTheBox
(Nov 08, 2018)
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Funding Insights of ezbuy
ezbuy has successfully raised a total of $20M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in March 2016. 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $20.0M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2016 | Amount | Series B - ezbuy | Valuation |
investors |
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| Apr, 2015 | Amount | Series A - ezbuy | 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 ezbuy
ezbuy has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include LightInTheBox, IDG Ventures and China Growth Capital. 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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Tech focused Venture Capital firm investing globally
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Online retailer offering multi-category consumer products
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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 ezbuy
| 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 - ezbuy
| 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 |
Ezbuy Comparisons
Competitors of ezbuy
ezbuy 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 Flipkart, Lazada, Alibaba, Amazon and ZALORA, 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 |
Multi-category consumer products are offered via an online marketplace platform.
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| domain | founded_year | HQ Location |
Multi-category products are sold via an online marketplace platform.
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| domain | founded_year | HQ Location |
E-commerce platforms for retail and wholesale are operated internationally.
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| domain | founded_year | HQ Location |
Multi-category products are offered through an online marketplace.
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| domain | founded_year | HQ Location |
Multi-category fashion products are retailed online by ZALORA.
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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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Latest news on Ezbuy
Frequently Asked Questions about ezbuy
When was ezbuy founded?
ezbuy was founded in 2010 and raised its 1st funding round 5 years after it was founded.
Where is ezbuy located?
ezbuy is headquartered in Singapore, Singapore.
Is ezbuy a funded company?
ezbuy is a funded company, having raised a total of $20M across 2 funding rounds to date.
What does ezbuy do?
Founded in 2010 in Singapore, ezbuy operates as an e-commerce platform in the retail sector. A wide range of consumer goods is offered, encompassing groceries, beauty items, fashion apparel, home essentials, electronics, stationery, pet supplies, and additional categories. The service facilitates online purchasing and delivery primarily within Singapore, catering to diverse household needs.
Who are ezbuy's investors?
ezbuy has 3 investors. Key investors include LightInTheBox, IDG Ventures, and China Growth Capital.
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