About Lenovo
Lenovo is a company based in Hong Kong (China) founded in 1984 was acquired by GRUPO CVA in February 2023.. Lenovo has raised $200 thousand across 4 funding rounds from investors including TPG, General Atlantic and European Union. The company has 72,000 employees as of March 31, 2024. Lenovo has completed 5 acquisitions, including FCNT, Infinidat and MEDION. Lenovo operates in a competitive market with competitors including Hewlett Packard Enterprise, OVHcloud, Dell, Inspur and Super Micro, among others.
- Headquarter Hong Kong, China
- Employees 72000 as on 31 Mar, 2024
- Stage Public
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Lenovo Group Limited
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Annual Revenue
$69.31 B (USD)20.99as on Mar 31, 2024
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Net Profit
$1.39 B (USD)36.46as on Mar 31, 2024
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EBITDA
$3.83 B (USD)9.94as on Mar 31, 2024
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Total Equity Funding
$200 K (USD)
in 4 rounds
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Latest Funding Round
$245.73 K (USD), Grant
Jan 01, 2021
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Investors
TPG
& 4 more
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Employee Count
72000
as on Mar 31, 2024
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Investments & Acquisitions
FCNT
& 4 more
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Acquired by
GRUPO CVA
(Feb 07, 2023)
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IPO & Listings of Lenovo
Lenovo is a publicly listed company on the HKEX with ticker symbol 992 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.
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Sales and Marketing
187 people
Software Development Team
175 people
Leadership Team
158 people
Product Management Team
53 people
Senior Team
27 people
Finance and Accounting
20 people
Creative and Marketing Team
18 people
Channel Team
14 people
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Funding Insights of Lenovo
Lenovo has successfully raised a total of $200K across 4 strategic funding rounds. The most recent funding activity was a Grant round of $245.73 thousand 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 4
- Last Round Grant — $245,735
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First Round
First Round
(01 Jun 1984)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2021 | Amount | Grant - Lenovo | Valuation |
investors |
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| Jun, 2018 | Amount | Post-IPO - Lenovo | Valuation |
investors |
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| Mar, 2005 | Amount | Post-IPO - Lenovo | 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 Lenovo
Lenovo has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include TPG, General Atlantic and European Union. 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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Private equity fund focused on global markets
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Founded Year | Domain | Location | |
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Fund of funds focused on pre-seed and seed-stage companies
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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 |
| 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 Lenovo
Lenovo has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include FCNT, Infinidat and MEDION. 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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Mobile terminal systems, information processing, and SNS services are provided.
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2023 | ||||
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Enterprise hybrid storage systems
|
2011 | ||||
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Learning management software is provided for organizations and schools.
|
2000 |
| 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.
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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 - Lenovo
| 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 |
Lenovo Comparisons
Competitors of Lenovo
Lenovo 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 Hewlett Packard Enterprise, OVHcloud, Dell, Inspur and Super Micro, 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 |
HPC solutions are delivered via supercomputers and storage systems.
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| domain | founded_year | HQ Location |
Public cloud solutions and storage services are provided for applications.
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| domain | founded_year | HQ Location |
Dell is recognized for providing computers and technology solutions.
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| domain | founded_year | HQ Location |
Data center infrastructure is managed via a cloud-based platform.
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| domain | founded_year | HQ Location |
Enterprise servers are designed, developed, and manufactured by Super Micro.
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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 Lenovo
Frequently Asked Questions about Lenovo
When was Lenovo founded?
Lenovo was founded in 1984.
Where is Lenovo located?
Lenovo is headquartered in Hong Kong, China.
Who is the current CEO of Lenovo?
Yuanqing Yang is the current CEO of Lenovo.
Is Lenovo a funded company?
Lenovo is a funded company, having raised a total of $200K across 4 funding rounds to date. The company's 1st funding round was a Post-IPO of $350M, raised on Jun 01, 1984.
How many employees does Lenovo have?
As of Mar 31, 2024, the latest employee count at Lenovo is 72,000.
What is the annual revenue of Lenovo?
Annual revenue of Lenovo is $69.31B as on Mar 31, 2024.
What does Lenovo do?
Lenovo was founded in 1984 in Hong Kong, China, and operates in the technology sector. A range of servers, including rack, edge, and blade types, is provided through its platform. Hardware products such as phones, storage systems, and smart devices are also supplied. Solutions encompassing analytics, AI, backup, and disaster recovery are included in its offerings, with global operations supporting various industries.
Who are the top competitors of Lenovo?
Lenovo's top competitors include Dell, Hewlett Packard Enterprise and OVHcloud.
Is Lenovo publicly traded?
Yes, Lenovo is publicly traded on HKEX under the ticker symbol 992.
How many acquisitions has Lenovo made?
Who are Lenovo's investors?
Lenovo has 5 investors. Key investors include TPG, General Atlantic, European Union, NewBridge Group, and CVA.
What is Lenovo's ticker symbol?
The ticker symbol of Lenovo is 992 on HKEX.
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