About Galaxy
Galaxy is a company based in Hong Kong (China) founded in 2013. It operates as a Managed Services, and Professional Services. The company has 29 employees as of June 30, 2024. Galaxy offers products and services including Employer of Record (EOR), Payroll Outsourcing, Accounting & Taxation, Incorporation & Compliance, and Business Advisory. Galaxy operates in a competitive market with competitors including Randstad, ADP, Alera Group, UKG and Insperity, among others.
- Headquarter Hong Kong, China
- Employees 29 as on 30 Jun, 2024
- Stage Public
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Sectors
Business Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Galaxy Payroll Group Limited
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Annual Revenue
$493.41 K-3.7as on Jun 30, 2024
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Net Profit
$90.17 K-38.54as on Jun 30, 2024
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EBITDA
$135.34 K-29.64as on Jun 30, 2024
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Latest Funding Round
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Investors
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Employee Count
29
as on Jun 30, 2024
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IPO & Listings of Galaxy
Galaxy is a publicly listed company on the NASDAQ with ticker symbol GLXG in USA, operating in the Commercial services 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.
Products & Services of Galaxy
Galaxy offers a comprehensive portfolio of products and services, including Employer of Record (EOR), Payroll Outsourcing, Accounting & Taxation, Incorporation & Compliance, and Business Advisory. 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.
Employment solutions are provided to bridge talent gaps.
Payroll management services are offered for efficiency.
Tax compliance solutions are tailored for businesses.
Company incorporation processes are simplified for clients.
Expert guidance is provided for competitive markets.
Funding Insights of Galaxy
| 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 Galaxy
| 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 - Galaxy
| 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 |
Galaxy Comparisons
Competitors of Galaxy
Galaxy 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 Randstad, ADP, Alera Group, UKG and Insperity, 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 |
HR consulting, recruitment, and outsourcing services are offered worldwide.
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| domain | founded_year | HQ Location |
Cloud-based HR management solutions are offered for payroll and compliance.
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| domain | founded_year | HQ Location |
HR, insurance, and liability services are provided by Alera Group.
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| domain | founded_year | HQ Location |
Provider of HR and payroll & workforce management solutions
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| domain | founded_year | HQ Location |
HR outsourcing services are provided to businesses by Insperity.
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| domain | founded_year | HQ Location |
HR management, recruitment, and staffing services are provided.
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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 Galaxy
Frequently Asked Questions about Galaxy
When was Galaxy founded?
Galaxy was founded in 2013.
Where is Galaxy located?
Galaxy is headquartered in Hong Kong, China.
How many employees does Galaxy have?
As of Jun 30, 2024, the latest employee count at Galaxy is 29.
What is the annual revenue of Galaxy?
Annual revenue of Galaxy is $493.41K as on Jun 30, 2024.
What does Galaxy do?
Galaxy Payroll Group Limited is established as a key player in the APAC region, offering integrated corporate solutions. Services such as Employer of Record (EOR), payroll outsourcing, accounting, taxation, company incorporation, and business advisory are provided. Operations span multiple countries including Singapore, Hong Kong, China, Taiwan, Macau, Vietnam, Thailand, Philippines, and Japan. Expansion into new markets is driven by client needs, with a focus on compliance, efficiency, and cost-effectiveness. Customized solutions are developed to support global workforce management and corporate growth. A superior customer experience is prioritized through quality management systems and after-sales support.
Who are the top competitors of Galaxy?
Galaxy's top competitors include Randstad, CIEL HR and Alera Group.
What products or services does Galaxy offer?
Galaxy offers Employer of Record (EOR), Payroll Outsourcing, Accounting & Taxation, Incorporation & Compliance, and Business Advisory.
Is Galaxy publicly traded?
Yes, Galaxy is publicly traded on NASDAQ under the ticker symbol GLXG.
What is Galaxy's ticker symbol?
The ticker symbol of Galaxy is GLXG on NASDAQ.