About Fave
Fave is a company based in Kuala Lumpur (Malaysia) founded in 2015 by Danny Yeung was acquired by Pine Labs in April 2021. It operates as a Two-Sided Marketplace and Commission-Based. Fave has raised $32 million across 4 funding rounds from investors including Pine Labs, Sequoia Capital and Venturra Capital. Fave has completed 4 acquisitions, including ClassHopper, CutQ and FoodTime. Fave offers products and services including FavePay, Fave Deals, and Fave eCards. Fave operates in a competitive market with competitors including ShopBack, MilkADeal, Beebag, Doropu and Getex Malaysia, among others.
- Headquarter Kuala Lumpur, Malaysia
- Founders Danny Yeung
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Sectors
Retail
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Fave Asia Technologies Sdn Bhd
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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
$32 M (USD)
in 4 rounds
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Latest Funding Round
Not available
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Investors
Pine Labs
& 3 more
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Employee Count
Not available
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Investments & Acquisitions
ClassHopper
& 3 more
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Acquired by
Pine Labs
(Apr 13, 2021)
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Products & Services of Fave
Fave offers a comprehensive portfolio of products and services, including FavePay, Fave Deals, and Fave eCards.
A payment system for seamless transactions and rewards.
Discounts on food, spa, and fitness services offered.
Digital gift cards for various services and partners.
People of Fave
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Funding Insights of Fave
Fave has successfully raised a total of $32M across 4 strategic funding rounds. 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 Fave
Fave has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Pine Labs, Sequoia Capital and Venturra Capital.
| Investor | Description | Founded Year | Domain | Location |
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Sequoia Capital is engaged in venture capital investments.
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Early-stage tech-focused venture capital firm investing primarily in Southeast Asia
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Venture capital firm focused on seed and late stage investments
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Locked | Locked | Locked |
Investor details for Fave
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Investments & Acquisitions by Fave
Fave has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include ClassHopper, CutQ and FoodTime.
Investment portfolio details for Fave
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Food is ordered online from partnered restaurants via a platform.
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Locked | Locked | 2016 | Locked | |
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Access hundreds of classes and studios from Aerobics to Zumba in a single membership!
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Locked | Locked | 2014 | Locked | |
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Takeaways are pre-ordered via a mobile app from partnered eateries.
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Locked | Locked | 2013 | Locked |
Complete acquisition details for Fave
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
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- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Fave
Detailed financials for Fave
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- Profit trends
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Fave Comparisons
Peer comparison for Fave
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- Named peers
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Competitors of Fave
Fave 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 ShopBack, MilkADeal, Beebag, Doropu and Getex Malaysia, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
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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| Locked | Locked | Locked |
App-based platform offering rewards and cashback
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| Locked | Locked | Locked |
App-based platform offering discounts and rewards to users.
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| Locked | Locked | Locked |
Getex Malaysia functions as an online deals aggregator and discovery platform for consumers.
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Detailed competitors of Fave
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Latest news on Fave
Complete news archive for Fave
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- Full article archive
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Frequently Asked Questions about Fave
Fave was founded in 2015.
Fave is headquartered in Kuala Lumpur, Malaysia.
Fave is a funded company, having raised a total of $32M across 4 funding rounds to date.
Fave is recognized as a lifestyle companion app focused on providing deals, cashback, and rewards. It operates primarily in Malaysia and Singapore, covering sectors like food, spa, and fitness. Solutions such as FavePay for payments, Fave Deals for discounts, and Fave eCards for gifting are offered to enhance user experience and partner engagement.
Fave offers FavePay, Fave Deals, and Fave eCards.
Fave has made 4 acquisitions, including ClassHopper, CutQ, and FoodTime.
Fave has 4 investors. Key investors include Pine Labs, Sequoia Capital, Venturra Capital, and SIG Venture Capital.