About Grip
Grip is a company based in Seongnam-si (South Korea) founded in 2018. It operates as a Two-Sided Marketplace. Grip offers products and services including Grip Live Shopping Platform. Grip operates in a competitive market with competitors including Reebonz, RXC, Showpinglive, Labang TV and Pansho Live, among others.
- Headquarter Seongnam-si, South Korea
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Sectors
Retail
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Email
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Phone
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Website
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Social
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- Legal Name Gripcompany Co., Ltd.
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Annual Revenue
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Net Profit
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Products & Services of Grip
Grip offers a comprehensive portfolio of products and services, including Grip Live Shopping Platform. 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.
Live shopping platform connecting sellers and buyers globally.
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Funding Insights of Grip
| 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 Grip
| 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 - Grip
| 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 |
Grip Comparisons
Competitors of Grip
Grip 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 Reebonz, RXC, Showpinglive, Labang TV and Pansho Live, 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 |
Influencer-recommended multi-category fashion items are retailed online.
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| domain | founded_year | HQ Location |
Live stream shopping solutions are provided via an e-commerce platform.
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| domain | founded_year | HQ Location |
A platform providing live shopping solutions for users.
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| domain | founded_year | HQ Location |
A platform providing live video shopping solutions to enhance interactive retail experiences.
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| domain | founded_year | HQ Location |
An online platform providing deals on a wide variety of products.
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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 Grip
Frequently Asked Questions about Grip
When was Grip founded?
Grip was founded in 2018.
Where is Grip located?
Grip is headquartered in Seongnam-si, South Korea. It is registered at Seongnam-si, Gyeonggi-do, South Korea.
What does Grip do?
Grip is established as the first Korean live shopping platform, founded in 2018, with expansion into the US market by 2022. The platform is designed to connect sellers and viewers globally in real-time, enabling direct communication and live purchasing with special offers. It operates in the e-commerce sector, focusing on creating a dynamic shopping experience through trusted creators and interactive features.
Who are the top competitors of Grip?
Grip's top competitors include Reebonz, RXC and Shinsegae Live Shopping.
What products or services does Grip offer?
Grip offers Grip Live Shopping Platform.