About Goodyear
Goodyear is a company based in Akron (United States) founded in 1898.. The company has 805 employees as of December 31, 2024. Goodyear has completed 8 acquisitions, including Cooper Tire & Rubber Company, Easy Tyre and Autocentres and Goodyear Ventech. Goodyear offers products and services including Assurance Tires, Wrangler Tires, and Eagle Tires. Goodyear operates in a competitive market with competitors including Pirelli, Michelin North America, Bridgestone Americas, The Carlstar Group and TBC Corporation, among others.
- Headquarter Akron, United States
- Employees 805 as on 31 Dec, 2024
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Pt Goodyear Indonesia Tbk
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Annual Revenue
$171.7 M (USD)6.9as on Dec 31, 2024
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Net Profit
$6.11 M (USD)13.35as on Dec 31, 2024
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EBITDA
$14.41 M (USD)-2.77as on Dec 31, 2024
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Latest Funding Round
$901.27 M (USD), Debt – Conventional
Apr 11, 2019
- Investors
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Employee Count
805
as on Dec 31, 2024
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Investments & Acquisitions
Cooper Tire & Rubber Company
& 7 more
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IPO & Listings of Goodyear
Goodyear is a publicly listed company on the IDX with ticker symbol GDYR in Indonesia, 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.
Products & Services of Goodyear
Goodyear offers a comprehensive portfolio of products and services, including Assurance Tires, Wrangler Tires, and Eagle Tires. 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.
Tires designed for everyday commuting and all-season performance
Off-road tires for rugged terrains and all-terrain driving
Performance tires for sports and high-speed vehicles
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Software Development Team
133 people
Leadership Team
69 people
Sales and Marketing
65 people
Human Resources and Administration
57 people
Finance and Accounting
37 people
Senior Team
30 people
Product Management Team
25 people
Data Analysis and Operations Team
24 people
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Funding Insights of Goodyear
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $901.3M
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First Round
First Round
(01 May 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2019 | Amount | Debt – Conventional - Goodyear | Valuation |
investors |
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| May, 2017 | Amount | Grant - Goodyear | Valuation |
investors |
| 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 |
Investors in Goodyear
Goodyear has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Goodyear
Goodyear has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Cooper Tire & Rubber Company, Easy Tyre and Autocentres and Goodyear Ventech. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of stationary tire control systems for the vehicle industry
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2017 | ||||
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Online platform offering tyre & car care services
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2009 | ||||
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Tyre management and batteries for cars and trucks are provided.
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1989 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Goodyear
| 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 |
Goodyear Comparisons
Competitors of Goodyear
Goodyear 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 Pirelli, Michelin North America, Bridgestone Americas, The Carlstar Group and TBC Corporation, 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 |
Manufacturer and supplier of tyres
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| domain | founded_year | HQ Location |
Manufacturer and supplier of tires
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| domain | founded_year | HQ Location |
Tyres are manufactured and supplied by Bridgestone Americas.
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| domain | founded_year | HQ Location |
Manufacturer and supplier of tires to aftermarket
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| domain | founded_year | HQ Location |
Tires are retailed by TBC Corporation in the automotive sector.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Goodyear
Frequently Asked Questions about Goodyear
When was Goodyear founded?
Goodyear was founded in 1898 and raised its 1st funding round 119 years after it was founded.
Where is Goodyear located?
Goodyear is headquartered in Akron, United States. It is registered at Akron, Ohio, United States.
Who is the current CEO of Goodyear?
Richard Kramer is the current CEO of Goodyear.
How many employees does Goodyear have?
As of Dec 31, 2024, the latest employee count at Goodyear is 805.
What is the annual revenue of Goodyear?
Annual revenue of Goodyear is $171.7M as on Dec 31, 2024.
What does Goodyear do?
Founded in 1898 and headquartered in Akron, United States, tires and rubber products are produced for automobiles, trucks, motorcycles, airplanes, and heavy equipment. Operations focus on manufacturing for diverse sectors including commercial and farm machinery. In 2022, annual revenues reached 20.84 billion, with net profit at 0.01 billion. The company serves global markets through its established domain, goodyear.com.
Who are the top competitors of Goodyear?
Goodyear's top competitors include Pirelli, TireTutor and The Carlstar Group.
What products or services does Goodyear offer?
Goodyear offers Assurance Tires, Wrangler Tires, and Eagle Tires.
Is Goodyear publicly traded?
Yes, Goodyear is publicly traded on IDX under the ticker symbol GDYR.
How many acquisitions has Goodyear made?
Goodyear has made 8 acquisitions, including Cooper Tire & Rubber Company, Easy Tyre and Autocentres, and Goodyear Ventech.
Who are Goodyear's investors?
Goodyear has 1 investor. Key investors include European Union.
What is Goodyear's ticker symbol?
The ticker symbol of Goodyear is GDYR on IDX.
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