About Hands Corporation
Hands Corporation is a company based in Incheon (South Korea) founded in 1972.. The company has 867 employees as of December 31, 2024. Hands Corporation offers products and services including Aluminum Wheels and OEM Wheels. Hands Corporation operates in a competitive market with competitors including Accuride Corporation, Dymag, Vaculug, Rimstock and Superior Industries, among others.
- Headquarter Incheon, South Korea
- Employees 867 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 Hands Corp. Ltd.
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Annual Revenue
$518.29 M (USD)3.72as on Dec 31, 2024
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Net Profit
$-82.39 M (USD)-277.71as on Dec 31, 2024
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EBITDA
$245.65 K (USD)-98.9as on Dec 31, 2024
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Latest Funding Round
$148 M (USD), Debt – Conventional
Mar 06, 2018
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Investors
BOC
& 2 more
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Employee Count
867
as on Dec 31, 2024
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IPO & Listings of Hands Corporation
Hands Corporation is a publicly listed company on the KRX with ticker symbol 143210 in South Korea, operating in the Producer manufacturing 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 Hands Corporation
Hands Corporation offers a comprehensive portfolio of products and services, including Aluminum Wheels and OEM Wheels. 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.
Manufactures lightweight wheels for vehicles to improve fuel efficiency and safety.
Provides tailored wheels for automotive manufacturers globally.
Funding Insights of Hands Corporation
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $148.0M
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First Round
First Round
(06 Mar 2018)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2018 | Amount | Debt – Conventional - Hands Corporation | 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 Hands Corporation
Hands Corporation has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include BOC, China Construction Bank and KEB Hana Bank. 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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Commercial banking services are provided in South Korea.
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Founded Year | Domain | Location | |
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Financial and banking services are provided to consumers and corporations.
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Founded Year | Domain | Location | |
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International commercial banking services are provided by Bank of China.
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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 Hands Corporation
| 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 - Hands Corporation
| 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 |
Hands Corporation Comparisons
Competitors of Hands Corporation
Hands Corporation 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 Accuride Corporation, Dymag, Vaculug, Rimstock and Superior Industries, 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 |
Wheels and wheel-end components are manufactured for OEMs.
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| domain | founded_year | HQ Location |
Manufacturer of carbon fibre wheels
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| domain | founded_year | HQ Location |
Automotive tyres are manufactured by Vaculug in the United Kingdom.
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| domain | founded_year | HQ Location |
Alloy wheels are manufactured and supplied to OEMs and aftermarket.
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| domain | founded_year | HQ Location |
Aluminum wheels are manufactured and supplied to OEMs and aftermarket.
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| domain | founded_year | HQ Location |
Manufacturer & supplier of automotive wheels to OEMs
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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 Hands Corporation
Frequently Asked Questions about Hands Corporation
When was Hands Corporation founded?
Hands Corporation was founded in 1972 and raised its 1st funding round 46 years after it was founded.
Where is Hands Corporation located?
Hands Corporation is headquartered in Incheon, South Korea.
Who is the current CEO of Hands Corporation?
Hyun Chang Seung is the current CEO of Hands Corporation.
How many employees does Hands Corporation have?
As of Dec 31, 2024, the latest employee count at Hands Corporation is 867.
What is the annual revenue of Hands Corporation?
Annual revenue of Hands Corporation is $518.29M as on Dec 31, 2024.
What does Hands Corporation do?
HANDS Corporation was established in 1972 in Incheon, South Korea, where aluminum alloy wheels for automobiles are produced. These wheels are supplied to major original equipment manufacturers, including Hyundai, KIA Motors, GM Korea, Nissan, and Volkswagen. Operations focus on the automotive sector, serving both domestic and international clients through established manufacturing processes.
Who are the top competitors of Hands Corporation?
Hands Corporation's top competitors include Steel Strips Wheels, Dymag and Accuride Corporation.
What products or services does Hands Corporation offer?
Hands Corporation offers Aluminum Wheels and OEM Wheels.
Is Hands Corporation publicly traded?
Yes, Hands Corporation is publicly traded on KRX under the ticker symbol 143210.
Who are Hands Corporation's investors?
Hands Corporation has 3 investors. Key investors include BOC, China Construction Bank, and KEB Hana Bank.
What is Hands Corporation's ticker symbol?
The ticker symbol of Hands Corporation is 143210 on KRX.