About Hengtong
Hengtong is a company based in Suzhou (China) founded in 1991 by Cui Genliang.. Hengtong has completed 2 acquisitions, including Huawei Marine and j-fiber.
- Headquarter Suzhou, China
- Founders Cui Genliang
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Sectors
Telecommunications
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Phone
*********
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Website
*********
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Social
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- Legal Name Hengtong Group Limited
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$1.47 B (USD), Post-IPO
Aug 05, 2022
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Huawei Marine
& 1 more
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Funding Insights of Hengtong
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $1.5B
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First Round
First Round
(05 Aug 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Post-IPO - Hengtong | 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 Hengtong
Hengtong has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Huizhi 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment bank and PE fund focused on M&A
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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 Hengtong
Hengtong has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Huawei Marine and j-fiber. 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
|
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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Network management systems for terrestrial and submarine cables are offered.
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2008 | ||||
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Silica-based optical fibres are supplied for data transmission networks.
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2007 |
| 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 - Hengtong
| 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 |
Hengtong Comparisons
Competitors of Hengtong
| 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 Hengtong
Frequently Asked Questions about Hengtong
When was Hengtong founded?
Hengtong was founded in 1991 and raised its 1st funding round 31 years after it was founded.
Where is Hengtong located?
Hengtong is headquartered in Suzhou, China. It is registered at Suzhou, Jiangsu, China.
What does Hengtong do?
Hengtong was established in 1991 by founder Cui Genliang in Suzhou, China. Focus is placed on the telecommunications sector, where wireless infrastructures are developed and supplied. Operations encompass network solutions and related services, primarily serving international markets from the companys base in China. The domain hengtonggroup.com is utilized for online presence, supporting business activities in infrastructure provision.
How many acquisitions has Hengtong made?
Hengtong has made 2 acquisitions, including Huawei Marine, and j-fiber.
Who are Hengtong's investors?
Hengtong has 1 investor. Key investors include Huizhi Group.