Haier

Qingdao, China Founded: 1984 • Age: 42 yrs
Manufacturer of consumer electronics and home appliances products
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About Haier

Haier is a company based in Qingdao (China) founded in 1984 by Zhang Ruimin.. The company has 122,730 employees as of December 31, 2024. Haier has completed 7 acquisitions, including Candy Group, Candy Home and Care+Protect. Haier offers products and services including Refrigerators and Washing Machines.

  • Headquarter Qingdao, China
  • Employees 122730 as on 31 Dec, 2024
  • Founders Zhang Ruimin
  • Stage Public
  • Sectors
    Consumer
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Haier Smart Home Co., Ltd. Class A
Operational Areas
Consumer → Beauty, Personal & Household Care
Consumer → Consumer Electronics & Appliances
Key Metrics
  • Annual Revenue
    $39 B (USD)
    4.27
    as on Dec 31, 2024
  • Net Profit
    $2.57 B (USD)
    12.92
    as on Dec 31, 2024
  • EBITDA
    $3.88 B (USD)
    12.45
    as on Dec 31, 2024
  • Latest Funding Round
  • Investors
  • Employee Count
    122730

    as on Dec 31, 2024

  • Investments & Acquisitions
    Candy Group

    & 6 more

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IPO & Listings of Haier

Haier is a publicly listed company on the SSE with ticker symbol 600690 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.

Exchange: SSE · Ticker: 600690 . Sector: Consumer durables · China

Products & Services of Haier

Haier offers a comprehensive portfolio of products and services, including Refrigerators and Washing Machines. 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.

Primary

Refrigerators are manufactured by Haier for food preservation and are distributed for household use.

Washing machines are produced by Haier to facilitate clothing cleaning and are offered with features for freshness and odor control.

People of Haier
Headcount 10000+
Employee Profiles 54
Board Members and Advisors 8
Employee Profiles
People
Abhishek Bhandari
Information Technology Sr. Network Support Engineer
People
Ke S.
User Experience Designer
People
Tony Zhu
Chief Design Director
People
Elena Bondarenko
Financial Project Leader

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Funding Insights of Haier

  • Total Funding
  • Total Rounds 2
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2021 Amount Post-IPO - Haier Valuation

investors

Aug, 2011 Amount Post-IPO - Haier Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Haier

Haier has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include The Carlyle Group. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity investments are directed toward multiple sectors.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Haier

Haier has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Candy Group, Candy Home and Care+Protect. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Washing machines and dishwashers are manufactured in the United Kingdom.
2020
Provider of home appliances and accessories, including washing machines, refrigerators, dishwashers, and more
2017
Premium home appliances are manufactured for residential use.
2002
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Haier

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Haier Comparisons

Employees
+
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Competitors of Haier

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Haier

When was Haier founded?

Haier was founded in 1984 and raised its 1st funding round 27 years after it was founded.

Where is Haier located?

Haier is headquartered in Qingdao, China. It is registered at Qingdao, Shandong, China.

Who is the current CEO of Haier?

Zhang Ruimin is the current CEO of Haier. They have also founded this company.

How many employees does Haier have?

As of Dec 31, 2024, the latest employee count at Haier is 122,730.

What is the annual revenue of Haier?

Annual revenue of Haier is $39B as on Dec 31, 2024.

What does Haier do?

Haier was founded in 1984 in Qingdao, China, where manufacturing of consumer electronics and home appliances is conducted. Digital transformation services are offered, alongside a focus on high-end, scenario, and ecosystem brands within the real economy sector. IoT services are also integrated into operations. In 2022, revenues of 36.13 billion were achieved, with net profits totaling 2.22 billion.

What products or services does Haier offer?

Haier offers Refrigerators and Washing Machines.

Is Haier publicly traded?

Yes, Haier is publicly traded on SSE under the ticker symbol 600690.

How many acquisitions has Haier made?

Haier has made 7 acquisitions, including Candy Group, Candy Home, and Care+Protect.

Who are Haier's investors?

Haier has 1 investor. Key investors include The Carlyle Group.

What is Haier's ticker symbol?

The ticker symbol of Haier is 600690 on SSE.

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