FREE DUTY

Kowloon, China Founded: 1997 • Age: 29 yrs Acquired By Avolta
Brand of liquor, tobacco, and cosmetics
Annual revenue - Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About FREE DUTY

FREE DUTY is a company based in Kowloon (China) founded in 1997 was acquired by Avolta in September 2024. FREE DUTY operates in a competitive market with competitors including Diageo, International Beverage Holdings, Changyu, Moutai China and Helensbar, among others.

  • Headquarter Kowloon, China
  • Sectors
    Consumer
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Consumer → Food, Beverage & Nutrition Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Acquired by
    Avolta

    (Sep 24, 2024)

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Funding Insights of FREE DUTY

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Detailed funding history for FREE DUTY

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Investors in FREE DUTY

FREE DUTY has secured backing from 1 investor. Prominent investors backing the company include Avolta.

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Investor Description Founded Year Domain Location
Global travel retailer providing experience to travelers worldwide by uniting retail, convenience, and food & beverage
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Investor details for FREE DUTY

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Investments & Acquisitions by FREE DUTY

Investments
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Investment portfolio details for FREE DUTY

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  • Transaction dates
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Financial Statements - FREE DUTY

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Detailed financials for FREE DUTY

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  • Historical revenue
  • Profit trends
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Free Duty Comparisons

FREE DUTY Primary company
Description
Brand of liquor, tobacco, and cosmetics
Location
Kowloon, China
Founded Year
1997
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for FREE DUTY

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  • Named peers
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Competitors of FREE DUTY

FREE DUTY 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 Diageo, International Beverage Holdings, Changyu, Moutai China and Helensbar, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Multi-category alcoholic beverage company
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Produces and distributes premium spirits brands worldwide through various facilities.
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Wine production and distribution are managed in Yantai, China.
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Alcoholic beverage products are branded and distributed by Moutai China.
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Multi-category alcoholic beverages are branded and distributed by Helensbar.
Locked Locked Locked
A renowned brand specializing in premium beer production.
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Detailed competitors of FREE DUTY

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  • Domains and locations
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Latest news on Free Duty

Avolta to acquire Free Duty from NWS Holdings
Insideretail1 year ago
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Complete news archive for FREE DUTY

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Frequently Asked Questions about FREE DUTY

FREE DUTY was founded in 1997.

FREE DUTY is headquartered in Kowloon, China. It is registered at Kowloon, Hong Kong, China.

Free Duty was established in 1997 in Kowloon, China, within the retail sector focused on duty-free goods. Shops are maintained at multiple Hong Kong locations, where liquor, tobacco, and cosmetics are stocked. Online reservations are facilitated for products, with collection available at physical outlets. Operations emphasize accessibility for travelers and local customers in the region.

FREE DUTY's top competitors include Diageo, Moutai China and Changyu.

FREE DUTY has 1 investor. Key investors include Avolta.

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