About Hisense
Hisense is a company based in Qingdao (China) founded in 1969 was acquired by Shiji in March 2019.. The company has 18,100 employees as of December 31, 2024. Hisense has completed 2 acquisitions, including Gorenje and Gorenje Group. Hisense offers products and services including Televisions and Air Conditioners.
- Headquarter Qingdao, China
- Employees 18100 as on 31 Dec, 2024
- Stage Public
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Hisense Visual Technology Co., Ltd. Class A
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Annual Revenue
$7.99 B (USD)9.35as on Dec 31, 2024
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Net Profit
$308.24 M (USD)7.17as on Dec 31, 2024
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EBITDA
$404.14 M (USD)10.52as on Dec 31, 2024
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Latest Funding Round
$123.15 K (USD), Grant
Jan 01, 2017
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Investors
Shiji
& 2 more
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Employee Count
18100
as on Dec 31, 2024
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Investments & Acquisitions
Gorenje
& 1 more
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Acquired by
Shiji
(Mar 04, 2019)
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IPO & Listings of Hisense
Hisense is a publicly listed company on the SSE with ticker symbol 600060 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.
Products & Services of Hisense
Hisense offers a comprehensive portfolio of products and services, including Televisions and Air Conditioners. 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.
Televisions are manufactured and distributed for home entertainment, including models like Laser TV and Smart TV.
Air conditioners are provided for cooling solutions, encompassing series such as IntelliPRO and CoolingXpert.
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Funding Insights of Hisense
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $123,153
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First Round
First Round
(21 Sep 2011)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2017 | Amount | Grant - Hisense | Valuation |
investors |
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| Sep, 2011 | Amount | Post-IPO - Hisense | 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 Hisense
Hisense has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Shiji, European Union and Advantage Partners. 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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Japanese companies are funded through offline-focused VC and PE investments.
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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 | |
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Cloud-based property management solutions for hospitality are provided.
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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 Hisense
Hisense has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Gorenje and Gorenje Group. 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.
|
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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Home appliances for kitchens and households are manufactured.
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1953 | ||||
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Household appliances are manufactured by the Gorenje Group.
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1950 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
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.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Hisense
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| 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 |
Hisense Comparisons
Competitors of Hisense
| 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 Hisense
Frequently Asked Questions about Hisense
When was Hisense founded?
Hisense was founded in 1969 and raised its 1st funding round 42 years after it was founded.
Where is Hisense located?
Hisense is headquartered in Qingdao, China. It is registered at Qingdao, Shandong, China.
Who is the current CEO of Hisense?
Liu Hongxin is the current CEO of Hisense.
How many employees does Hisense have?
As of Dec 31, 2024, the latest employee count at Hisense is 18,100.
What is the annual revenue of Hisense?
Annual revenue of Hisense is $7.99B as on Dec 31, 2024.
What does Hisense do?
Hisense was founded in 1969 in Qingdao, China, and operates within the consumer electronics sector. A range of products, including televisions, refrigerators, and air conditioners, is manufactured and distributed worldwide. Operations are centered on innovation and supply chain management, with distribution networks spanning multiple continents. Leadership is provided by CEO Liu Hongxin, overseeing strategic growth in international markets.
What products or services does Hisense offer?
Hisense offers Televisions and Air Conditioners.
Is Hisense publicly traded?
Yes, Hisense is publicly traded on SSE under the ticker symbol 600060.
How many acquisitions has Hisense made?
Hisense has made 2 acquisitions, including Gorenje, and Gorenje Group.
Who are Hisense's investors?
Hisense has 3 investors. Key investors include Shiji, European Union, and Advantage Partners.
What is Hisense's ticker symbol?
The ticker symbol of Hisense is 600060 on SSE.
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