FiveTech

London, United Kingdom Founded: 2010 • Age: 16 yrs
Offers B2B tech solutions and consumer electronics through e-commerce platforms.

About FiveTech

FiveTech is a company based in London (United Kingdom) founded in 2010 by Asad Hussain and Nasar Hussain. It operates as a B2B, and B2C. FiveTech has completed 1 acquisition, including BOX. FiveTech offers products and services including E-commerce Platform and B2B Tech Solutions. FiveTech operates in a competitive market with competitors including Newegg, Marks Electrical, Ebuyer, Target Components and Jarvis Tech, among others.

  • Headquarter London, United Kingdom
  • Founders Asad Hussain, Nasar Hussain
  • Sectors
    Consumer
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Five Tech Limited
  • Date of Incorporation 27 May, 2010
  • Jurisdiction WOODFORD GREEN, ESSEX
Operational Areas
Consumer → Consumer Electronics & Appliances
Technology → Enterprise IT Services & Distribution
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of FiveTech

FiveTech offers a comprehensive portfolio of products and services, including E-commerce Platform and B2B Tech Solutions. 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

Manages online stores for tech brands like ASUS and OPPO.

Provides customized technology solutions for business needs.

Funding Insights of FiveTech

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

Investments & Acquisitions by FiveTech

FiveTech has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include BOX. 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
E-commerce support services are provided to businesses across sectors.
1996
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 - FiveTech

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

Fivetech Comparisons

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Competitors of FiveTech

FiveTech 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 Newegg, Marks Electrical, Ebuyer, Target Components and Jarvis Tech, 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 electronic products are sold via an online marketplace.
domain founded_year HQ Location
Multi-category electronics and appliances are retailed online.
domain founded_year HQ Location
Consumer electronics are retailed online throughout the United Kingdom.
domain founded_year HQ Location
Multi-category consumer electronic products are retailed online by the company.
domain founded_year HQ Location
Consumer electronics are retailed online by Jarvis Tech.
domain founded_year HQ Location
Operates as the UK's leading online store for a wide range of mobile phones and accessories.
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 Fivetech

Five Tech’s Acquisition of Box Limited
Globallegalchronicle2 years ago

Frequently Asked Questions about FiveTech

When was FiveTech founded?

FiveTech was founded in 2010.

Where is FiveTech located?

FiveTech is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Who is the current CEO of FiveTech?

Asad Hussain is the current CEO of FiveTech. They have also founded this company.

What does FiveTech do?

Five Tech delivers quality technology solutions for both businesses and consumers, focusing on tailored B2B services and managing e-commerce stores for brands like ASUS and OPPO. They operate across the UK with offices in London and Birmingham, emphasizing integrity and excellence. The company connects companies and customers with trusted tech products, holding multiple ISO certifications to ensure high standards in their operations.

Who are the top competitors of FiveTech?

FiveTech's top competitors include Newegg, Marks Electrical and Ebuyer.

What products or services does FiveTech offer?

FiveTech offers E-commerce Platform and B2B Tech Solutions.

How many acquisitions has FiveTech made?

FiveTech has made 1 acquisition, including BOX.

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