About Meizu
Meizu is a company based in Zhuhai (China) founded in 2003 by Jack Wong was acquired by Geely in June 2022.. Meizu has raised $958.36 million across 4 funding rounds from investors including Alibaba Group and Geely. Meizu offers products and services including AI Phones, Cars, AR Glasses, and Gaming Earphones. Meizu operates in a competitive market with competitors including Xiaomi, boAt, Nothing, Partron and Indkal, among others.
- Headquarter Zhuhai, China
- Founders Jack Wong
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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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Total Equity Funding
$958.36 M (USD)
in 4 rounds
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Latest Funding Round
$14.5 M (USD), Series B
May 06, 2019
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Investors
Alibaba Group
& 1 more
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Employee Count
Employee Count
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Acquired by
Geely
(Jun 13, 2022)
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Products & Services of Meizu
Meizu offers a comprehensive portfolio of products and services, including AI Phones, Cars, AR Glasses, and Gaming Earphones. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI-powered devices for intelligent terminal experiences and app ecosystems
Intelligent vehicles with AI features for enhanced performance
Augmented reality glasses for hands-free AI assistance and vision
Noise-cancelling earphones for high-quality audio and gaming
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Funding Insights of Meizu
Meizu has successfully raised a total of $958.36M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $14.5 million completed in May 2019. 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 Series B — $14.5M
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First Round
First Round
(22 Jul 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2019 | Amount | Series B - Meizu | Valuation |
investors |
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| Oct, 2016 | Amount | Series B - Meizu | Valuation |
investors |
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| Feb, 2015 | Amount | Series B - Meizu | Valuation | Alibaba Group |
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| 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 Meizu
Meizu has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Alibaba Group and Geely. 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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Conglomerate group operating a portfolio of businesses
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Founded Year | Domain | Location | |
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SUV cars are manufactured by Geely in China.
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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 Meizu
| 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 - Meizu
| 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 |
Meizu Comparisons
Competitors of Meizu
Meizu 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 Xiaomi, boAt, Nothing, Partron and Indkal, 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 |
Multi-category consumer electronics are offered through an internet-first model.
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| domain | founded_year | HQ Location |
Personal audio products, wearables, and mobile accessories are retailed.
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| domain | founded_year | HQ Location |
Multi-category electronics are provided by an internet-first brand.
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| domain | founded_year | HQ Location |
Smart electronic devices are offered online by Partron.
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| domain | founded_year | HQ Location |
Task management and project collaboration software is provided for teams.
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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 Meizu
Frequently Asked Questions about Meizu
When was Meizu founded?
Meizu was founded in 2003 and raised its 1st funding round 11 years after it was founded.
Where is Meizu located?
Meizu is headquartered in Zhuhai, China. It is registered at Zhuhai, Guangdong, China.
Who is the current CEO of Meizu?
Jack Wong is the current CEO of Meizu. They have also founded this company.
Is Meizu a funded company?
Meizu is a funded company, having raised a total of $958.36M across 4 funding rounds to date. The company's 1st funding round was a Series B of $590M, raised on Jul 22, 2014.
What does Meizu do?
Meizu was founded in 2003 and is headquartered in Zhuhai, China. Operations focus on the consumer electronics sector, with products distributed primarily through online channels. Items such as smartphones, headphones, Bluetooth devices, chargers, cables, screen protectors, cases, speakers, smart eyewear, and radios are offered. Leadership is provided by founder and CEO Jack Wong.
What products or services does Meizu offer?
Meizu offers AI Phones, Cars, AR Glasses, and Gaming Earphones.
Who are Meizu's investors?
Meizu has 2 investors. Key investors include Alibaba Group, and Geely.
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