About Huaqin
Huaqin is a company based in Pudong (China) founded in 2005 by Qiu Wensheng.. Huaqin has raised $431.15 million across 3 funding rounds from investors including China Merchants Bank, China Mobile and Qualcomm Ventures. Huaqin has completed 1 acquisition, including Yiludaenterpriseholdings. Huaqin operates in a competitive market with competitors including Celestica, Flex, Sharp, SMD Technologies and Shanghai Laimu Electronics, among others.
- Headquarter Pudong, China
- Founders Qiu Wensheng
- Stage Unicorn
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Sectors
Industrial Goods & Manufacturing
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Email
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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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Total Equity Funding
$431.15 M (USD)
in 3 rounds
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Latest Funding Round
$152.9 M (USD), Series C
Jan 01, 2021
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Investors
China Merchants Bank
& 8 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Funding Insights of Huaqin
Huaqin has successfully raised a total of $431.15M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $152.9 million completed in January 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series C — $152.9M
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First Round
First Round
(01 Dec 2017)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2021 | Amount | Series C - Huaqin | Valuation | China Mobile |
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| Dec, 2019 | Amount | Series B - Huaqin | Valuation | Qualcomm Ventures , Intel Capital | |
| Dec, 2017 | Amount | Series A - Huaqin | Valuation | Hua Capital Management , Qualcomm Ventures |
| 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 Huaqin
Huaqin has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include China Merchants Bank, China Mobile and Qualcomm Ventures. 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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Venture capital investing in technology sectors such as AI and automotive.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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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 Huaqin
Huaqin has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Yiludaenterpriseholdings. 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.
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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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Yiluda Enterprise Holdings is operated as a parent company.
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| 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 - Huaqin
| 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 |
Huaqin Comparisons
Competitors of Huaqin
Huaqin 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 Celestica, Flex, Sharp, SMD Technologies and Shanghai Laimu Electronics, 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 |
End-to-end product lifecycle solutions and services
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| domain | founded_year | HQ Location |
Designer and producer of intelligent products, automotive electronics manufacturing, and logistics services
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| domain | founded_year | HQ Location |
Electronics are manufactured under contract for global clients.
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| domain | founded_year | HQ Location |
Provides consumer electronics, audio products, and accessories for retailers and individuals.
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| domain | founded_year | HQ Location |
Precision electronic components are manufactured on a contract basis.
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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 Huaqin
Frequently Asked Questions about Huaqin
When was Huaqin founded?
Huaqin was founded in 2005 and raised its 1st funding round 12 years after it was founded.
Where is Huaqin located?
Huaqin is headquartered in Pudong, China. It is registered at Pudong, Shanghai, China.
Who is the current CEO of Huaqin?
Qiu Wensheng is the current CEO of Huaqin. They have also founded this company.
Is Huaqin a funded company?
Huaqin is a funded company, having raised a total of $431.15M across 3 funding rounds to date. The company's 1st funding round was a Series A of $136M, raised on Dec 01, 2017.
What does Huaqin do?
Huaqin was founded in 2005 in Pudong, China, within the technology manufacturing sector. End-to-end development, manufacturing, and operation of software, hardware, and systems are provided to global tech companies. Digital scene services are also offered, alongside intelligent products such as mobile phones, tablets, laptops, smart wearables, AIoT devices, IDC solutions, and automotive electronics, which are supplied to consumers worldwide.
How many acquisitions has Huaqin made?
Huaqin has made 1 acquisition, including Yiludaenterpriseholdings.
Who are Huaqin's investors?
Huaqin has 9 investors. Key investors include China Merchants Bank, China Mobile, Qualcomm Ventures, Wise Road Capital, and Summitview Capital.
What is Huaqin's valuation?
The valuation of Huaqin is $2B as of Dec 2019.
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