About Huitongda
Huitongda is a company based in Nanjing (China) founded in 2008.. Huitongda has raised $993.64 million across 7 funding rounds from investors including Xiaomi, Alibaba Group and China Merchants Bank. The company has 3,850 employees as of December 31, 2024. Huitongda operates in a competitive market with competitors including Cainiao, Lalamove, Pickupp, GigaCloud Technology and Parcellab, among others.
- Headquarter Nanjing, China
- Employees 3850 as on 31 Dec, 2024
- Stage Public
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Sectors
TechnologyRetail Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
- Legal Name Huitongda Network Co., Ltd. Class H
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Annual Revenue
$8.38 B (USD)-28.51as on Dec 31, 2024
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Net Profit
$37.66 M (USD)-40.96as on Dec 31, 2024
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EBITDA
$78.25 M (USD)-20.29as on Dec 31, 2024
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Total Equity Funding
$993.64 M (USD)
in 7 rounds
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Latest Funding Round
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Investors
Xiaomi
& 9 more
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Employee Count
3850
as on Dec 31, 2024
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IPO & Listings of Huitongda
Huitongda is a publicly listed company on the HKEX with ticker symbol 9878 in Hong Kong, operating in the Distribution services 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.
Funding Insights of Huitongda
Huitongda has successfully raised a total of $993.64M across 7 strategic funding rounds. 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 7
- Last Round Last Round
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First Round
First Round
(01 Jun 2015)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2021 | Amount | Series E - Huitongda | Valuation | SDIC |
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| Dec, 2020 | Amount | Series D - Huitongda | Valuation | SDIC , China Structural Reform Fund |
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| Apr, 2018 | Amount | Series D - Huitongda | Valuation | Alibaba Group , Shunwei Capital |
| 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 Huitongda
Huitongda has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Xiaomi, Alibaba Group and China Merchants 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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Founded Year | Domain | Location | |
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Venture capital fund focused on mobile, internet, deep technology, rural internet, AI, and multiple sectors
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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 Huitongda
| 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 - Huitongda
| 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 |
Huitongda Comparisons
Competitors of Huitongda
Huitongda 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 Cainiao, Lalamove, Pickupp, GigaCloud Technology and Parcellab, 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 |
Tech-enabled end-to-end delivery services are provided for e-commerce and groceries.
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| domain | founded_year | HQ Location |
On-demand delivery solutions are provided for same-day courier services.
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| domain | founded_year | HQ Location |
App-based last-mile e-commerce delivery services are provided.
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| domain | founded_year | HQ Location |
Logistics management solutions are provided for e-commerce businesses.
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| domain | founded_year | HQ Location |
Connects online merchants with their customers
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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 Huitongda
Frequently Asked Questions about Huitongda
When was Huitongda founded?
Huitongda was founded in 2008 and raised its 1st funding round 7 years after it was founded.
Where is Huitongda located?
Huitongda is headquartered in Nanjing, China. It is registered at Nanjing, Jiangsu, China.
Is Huitongda a funded company?
Huitongda is a funded company, having raised a total of $993.64M across 7 funding rounds to date. The company's 1st funding round was a Series D of $716.37M, raised on Jun 01, 2015.
How many employees does Huitongda have?
As of Dec 31, 2024, the latest employee count at Huitongda is 3,850.
What is the annual revenue of Huitongda?
Annual revenue of Huitongda is $8.38B as on Dec 31, 2024.
What does Huitongda do?
Founded in 2008 and based in Nanjing, China, Huitongda operates within the logistics sector. Integration with existing platforms is facilitated for online businesses, allowing same-day delivery options to be implemented. Parcel tracking capabilities are also offered to users, supporting efficient supply chain management in the e-commerce environment. Operations focus on streamlining distribution processes across regional networks.
Who are the top competitors of Huitongda?
Is Huitongda publicly traded?
Yes, Huitongda is publicly traded on HKEX under the ticker symbol 9878.
Who are Huitongda's investors?
Huitongda has 10 investors. Key investors include Xiaomi, Alibaba Group, China Merchants Bank, SDIC Chuangyi, and China Structural Reform Fund.
What is Huitongda's ticker symbol?
The ticker symbol of Huitongda is 9878 on HKEX.