About Hitsmobile
Hitsmobile is a company based in Paterna (Spain) founded in 2008 was acquired by Grupo MASMOVIL in July 2019.. Hitsmobile operates in a competitive market with competitors including Boost Worldwide, Ultra Mobile, Lebara, StraightTalk and Cricket Wireless, among others.
- Headquarter Paterna, Spain
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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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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Grupo MASMOVIL
(Jul 24, 2019)
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Funding Insights of Hitsmobile
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Hitsmobile
Hitsmobile has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Grupo MASMOVIL. 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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Provider of 4G mobile network and fiber optics services
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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 Hitsmobile
| 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 - Hitsmobile
| 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 |
Hitsmobile Comparisons
Competitors of Hitsmobile
Hitsmobile 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 Boost Worldwide, Ultra Mobile, Lebara, StraightTalk and Cricket Wireless, 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 |
Prepaid cell phones & no contract plans
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| domain | founded_year | HQ Location |
T-Mobile MVNO offering unlimited talk & data plans with international calling
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| domain | founded_year | HQ Location |
Pre-paid mobile SIM cards are provided for international communities.
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| domain | founded_year | HQ Location |
Operates as a mobile virtual network operator through a partnership between Tracfone and Walmart.
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| domain | founded_year | HQ Location |
Offers prepaid wireless services, phones, and plans with no contracts or credit checks.
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| domain | founded_year | HQ Location |
MVNO prepaid services are offered to discount markets in Germany.
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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 Hitsmobile
Frequently Asked Questions about Hitsmobile
When was Hitsmobile founded?
Hitsmobile was founded in 2008.
Where is Hitsmobile located?
Hitsmobile is headquartered in Paterna, Spain. It is registered at Paterna, Valencian Community, Spain.
What does Hitsmobile do?
Hitsmobile was established in 2008 as a mobile virtual network operator in the telecommunications sector. Operations are based in Paterna, Spain, with services delivered over Vodafones infrastructure. National and international calling, data plans, pay-per-use options, prepaid packages, monthly subscriptions, and roaming are offered to customers across various segments. Coverage focuses on the Spanish market.
Who are the top competitors of Hitsmobile?
Hitsmobile's top competitors include Ultra Mobile, Lebara and Boost Worldwide.
Who are Hitsmobile's investors?
Hitsmobile has 1 investor. Key investors include Grupo MASMOVIL.