About GAC Group
GAC Group is a company based in Guangzhou (China) founded in 1955.. The company has 86,450 employees as of December 31, 2024. GAC Group operates in a competitive market with competitors including Aurora, Cruise, Polestar, NIO and BMW Group, among others.
- Headquarter Guangzhou, China
- Employees 86450 as on 31 Dec, 2024
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
- Legal Name Guangzhou Automobile Group Co., Ltd. Class A
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Annual Revenue
$14.37 B (USD)-17.25as on Dec 31, 2024
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Net Profit
$112.83 M (USD)-81.4as on Dec 31, 2024
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EBITDA
$15.11 M (USD)-89.42as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
86450
as on Dec 31, 2024
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IPO & Listings of GAC Group
GAC Group is a publicly listed company on the SSE with ticker symbol 601238 in China, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Funding Insights of GAC Group
| 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 |
Investments & Acquisitions by GAC Group
| 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 - GAC Group
| 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 |
Gac Group Comparisons
Competitors of GAC Group
GAC Group 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 Aurora, Cruise, Polestar, NIO and BMW Group, 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 |
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| domain | founded_year | HQ Location |
AI and SaaS-based self-driving solutions for autonomous vehicles are provided.
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| domain | founded_year | HQ Location |
SaaS-enabled hardware and software for autonomous vehicles are developed.
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| domain | founded_year | HQ Location |
Electric vehicles are manufactured and developed by Polestar.
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| domain | founded_year | HQ Location |
AI-enabled electric vehicles and battery-swapping systems are developed by NIO.
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| domain | founded_year | HQ Location |
Automotive manufacturing company
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| domain | founded_year | HQ Location |
Self-driving vehicle solutions are developed and deployed for transportation.
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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 Gac Group
Frequently Asked Questions about GAC Group
When was GAC Group founded?
GAC Group was founded in 1955.
Where is GAC Group located?
GAC Group is headquartered in Guangzhou, China. It is registered at Guangzhou, Guangdong, China.
Who is the current CEO of GAC Group?
Xingya Feng is the current CEO of GAC Group.
How many employees does GAC Group have?
As of Dec 31, 2024, the latest employee count at GAC Group is 86,450.
What is the annual revenue of GAC Group?
Annual revenue of GAC Group is $14.37B as on Dec 31, 2024.
What does GAC Group do?
GAC was established in 1955 and is headquartered in Guangzhou, China. Operations are centered on the automotive sector, where passenger vehicles are designed, manufactured, and distributed. The company functions as a brand within the broader automobile industry, with activities spanning vehicle production and related services. Leadership is provided by CEO Xingya Feng, and the domain gac.com.cn supports online presence. Focus remains on domestic and international markets from its Chinese base.
Who are the top competitors of GAC Group?
Is GAC Group publicly traded?
Yes, GAC Group is publicly traded on SSE under the ticker symbol 601238.
What is GAC Group's ticker symbol?
The ticker symbol of GAC Group is 601238 on SSE.
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