About Launch Tech
Launch Tech is a company based in Shenzhen (China) founded in 1992.. The company has 1,070 employees as of December 31, 2024. Launch Tech operates in a competitive market with competitors including Diesel Laptops, Opus IVS, Supertracker, Hughes Autoformers and Autogun, among others.
- Headquarter Shenzhen, China
- Employees 1070 as on 31 Dec, 2024
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Launch Tech Co. Ltd. Class H
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Annual Revenue
$261.38 M (USD)15.37as on Dec 31, 2024
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Net Profit
$47.4 M (USD)97.23as on Dec 31, 2024
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EBITDA
$53.49 M (USD)57.69as on Dec 31, 2024
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Latest Funding Round
- Investors
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Employee Count
1070
as on Dec 31, 2024
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IPO & Listings of Launch Tech
Launch Tech is a publicly listed company on the HKEX with ticker symbol 2488 in Hong Kong, operating in the Electronic technology 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 Launch Tech
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2007 | Amount | Series B - Launch Tech | 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 Launch Tech
Launch Tech has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Templeton Private Equity 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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Global private equity investments are managed by the firm.
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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 Launch Tech
| 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 - Launch Tech
| 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 |
Launch Tech Comparisons
Competitors of Launch Tech
Launch Tech 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 Diesel Laptops, Opus IVS, Supertracker, Hughes Autoformers and Autogun, 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 |
Offers diagnostic equipment and software for diesel trucks and machinery.
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| domain | founded_year | HQ Location |
Provides automotive scan tools, live support, and services for collision and mechanical repairs.
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| domain | founded_year | HQ Location |
Manufactures and supplies wheel alignment tools and maintenance services for vehicles.
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| domain | founded_year | HQ Location |
Manufactures voltage solutions and surge protectors for recreational vehicles.
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| domain | founded_year | HQ Location |
Sells automotive diagnostic devices and offers vehicle diagnostic services.
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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 Launch Tech
Frequently Asked Questions about Launch Tech
When was Launch Tech founded?
Launch Tech was founded in 1992 and raised its 1st funding round 15 years after it was founded.
Where is Launch Tech located?
Launch Tech is headquartered in Shenzhen, China. It is registered at Shenzhen, Guangdong, China.
How many employees does Launch Tech have?
As of Dec 31, 2024, the latest employee count at Launch Tech is 1,070.
What is the annual revenue of Launch Tech?
Annual revenue of Launch Tech is $261.38M as on Dec 31, 2024.
What does Launch Tech do?
Launch Tech was founded in 1992 in Shenzhen, China, and operates within the automotive aftermarket sector. Tools and equipment for vehicle diagnostics and maintenance are produced and sold by the company. A variety of products, including vehicle networking devices, workshop lifts, inspection software, and smart wearables, are supplied to support industry needs. Operations focus on both manufacturing and distribution from its base in China.
Who are the top competitors of Launch Tech?
Launch Tech's top competitors include Diesel Laptops, Opus IVS and Supertracker.
Is Launch Tech publicly traded?
Yes, Launch Tech is publicly traded on HKEX under the ticker symbol 2488.
Who are Launch Tech's investors?
Launch Tech has 1 investor. Key investors include Templeton Private Equity Partners.
What is Launch Tech's ticker symbol?
The ticker symbol of Launch Tech is 2488 on HKEX.
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