About Favbuy
Favbuy is a company based in Shanghai (China) founded in 2012. It operates as a B2C. Favbuy has raised $2 million across 1 funding round from investors including SIG China. Favbuy operates in a competitive market with competitors including VipShop, LightInTheBox, Hangzhou Meiyu Information Technology, Dealy and Tianpin, among others.
- Headquarter Shanghai, China
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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
$2 M (USD)
in 1 rounds
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Latest Funding Round
$2 M (USD), Series A
Aug 01, 2012
- Investors
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Employee Count
Not available
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Funding Insights of Favbuy
Favbuy has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Series A round of $2 million completed in August 2012. 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 Favbuy
Favbuy has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include SIG China.
| Investor | Description | Founded Year | Domain | Location |
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Tech companies in China are invested in by SIG China.
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Investor details for Favbuy
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Investments & Acquisitions by Favbuy
Investment portfolio details for Favbuy
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Financial Statements - Favbuy
Detailed financials for Favbuy
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Favbuy Comparisons
Peer comparison for Favbuy
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Competitors of Favbuy
Favbuy 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 VipShop, LightInTheBox, Hangzhou Meiyu Information Technology, Dealy and Tianpin, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Multi-category consumer products are sold via online flash sales.
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Online retailer offering multi-category consumer products
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Multi-category products are sold via an online flash-sales platform.
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Operates a digital hub for multi-category fashion products, featuring exclusive flash sales to attract shoppers.
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Operates as an online flash-sales retailer for a wide range of products, providing time-limited deals to consumers.
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Detailed competitors of Favbuy
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Latest news on Favbuy
Complete news archive for Favbuy
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Frequently Asked Questions about Favbuy
Favbuy was founded in 2012.
Favbuy is headquartered in Shanghai, China.
Favbuy is a funded company, having raised a total of $2M across 1 funding round to date.
Favbuy operates with a B2C model, focusing on engaging in retail operations, operating online marketplaces, conducting sales online, and flash deals. Operates an online retail platform specializing in flash sales for various products. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Favbuy's top competitors include VipShop, LightInTheBox and Hangzhou Meiyu Information Technology.
Favbuy has 1 investor. Key investors include SIG China.