About Longos
Longos is a company based in Vaughan (Canada) founded in 1956 by Joe Longo, Tommy Longo, and Gus Longo was acquired by Empire Company Limited in March 2021.. Longos has completed 1 acquisition, including Grocery Gateway. Longos operates in a competitive market with competitors including Valpak, SavingStar, Makeena, Cellfire and Endorse, among others.
- Headquarter Vaughan, Canada
- Founders Joe Longo, Tommy Longo, Gus Longo
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Sectors
Retail
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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
- Investments & Acquisitions
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Acquired by
Empire Company Limited
(Mar 16, 2021)
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Funding Insights of Longos
| 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 Longos
Longos has secured backing from 1 investor. Prominent investors backing the company include Empire Company Limited. 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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Food retailing is operated through Sobeys supermarkets across Canada.
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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 Longos
Longos has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Grocery Gateway. 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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Online grocery purchasing and doorstep delivery services are provided.
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1956 |
| 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 - Longos
| 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 |
Longos Comparisons
Competitors of Longos
Longos 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 Valpak, SavingStar, Makeena, Cellfire and Endorse, 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 |
Deals on multi-category groceries and services are offered online.
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| domain | founded_year | HQ Location |
eCoupon service for grocery stores
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| domain | founded_year | HQ Location |
Cashback is provided for grocery receipts through a mobile app.
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| domain | founded_year | HQ Location |
Digital grocery coupons and loyalty services are offered.
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| domain | founded_year | HQ Location |
App-based coupons platform for consumer brands
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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 Longos
Frequently Asked Questions about Longos
When was Longos founded?
Longos was founded in 1956.
Where is Longos located?
Longos is headquartered in Vaughan, Canada. It is registered at Vaughan, Ontario, Canada.
What does Longos do?
Founded in 1956 and headquartered in Vaughan, Canada, Longos operates as an online platform in the grocery retail sector. Reward points are earned by users on purchases at supermarkets, while promotions, coupons, discount codes, and vouchers are made available. Delivery services for groceries are also facilitated to support customer convenience across the region.
Who are the top competitors of Longos?
Longos's top competitors include Valpak, Makeena and SavingStar.
How many acquisitions has Longos made?
Longos has made 1 acquisition, including Grocery Gateway.
Who are Longos's investors?
Longos has 1 investor. Key investors include Empire Company Limited.
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