Midea

Foshan, China Founded: 1968 • Age: 58 yrs Listed
Consumer appliances and HVAC systems are manufactured globally.

About Midea

Midea is a publicly listed company based in Foshan (China) founded in 1968. Consumer appliances and HVAC systems are manufactured globally. It operates on a Direct-to-Consumer (D2C) model. The company has 153 employees. Midea has completed 6 acquisitions, including ARBONIA climate, Clivet and Esaote. Its website midea.com draws about 3.2 million monthly visits. Its Indian entity Midea India Private Limited reported revenue of ₹818 Cr. Midea offers products and services including Refrigerators, Washing Machines, Dishwashers, Kitchen Appliances, and Vacuum Cleaners. Its focus areas include Consumer Goods, Household Appliances and Home Appliances.

Company details

Midea, part of Midea Group, is engaged in the production and distribution of innovative home appliances and smart solutions. The company operates in the consumer goods sector, focusing on household appliances such as refrigerators, washing machines, dishwashers, kitchen appliances, and vacuum cleaners. Products are designed to enhance everyday living by improving efficiency, convenience, and comfort. With a presence in over 200 countries, Midea serves more than 500 million users globally. Operations in India are strengthened through strategic leadership and market expansion initiatives.

  • Headquarters Foshan, China
  • Employees 153
  • Stage Public
  • Sectors
    Consumer
  • Website category Computers Electronics and Technology · Consumer Electronics
  • Website midea.com/us
  • Social LinkedIn X Facebook Instagram YouTube
  • Legal Name Midea Group
  • Date of Incorporation 01 Mar, 2017
  • Jurisdiction Gurgaon, Haryana, India
Operational Areas
Key Metrics
  • Indian entity revenue
    ₹818 Cr

    FY 2025 · +74% YoY

  • Indian entity net profit
    ₹29.02 Cr

    FY 2025 · 4% margin

  • Indian entity EBITDA
    ₹67.78 Cr

    FY 2025 · 8% margin

  • Latest Funding Round
    $195.85M (USD), Post-IPO

    Dec 2014

  • Investors
    Xiaomi

    & 1 more

  • Employee Count
    153
  • Investments & Acquisitions

Products & Services of Midea

Midea offers a comprehensive portfolio of products and services, including Refrigerators, Washing Machines, Dishwashers, Kitchen Appliances, and Vacuum Cleaners.

Refrigerators
Home Appliances

Various refrigerator models are offered for diverse needs.

Washing Machines
Home Appliances

Efficient washing machines are provided for laundry convenience.

Dishwashers
Home Appliances

Dishwashers are designed for Indian utensils and cleanliness.

Kitchen Appliances
Home Appliances

Innovative kitchen appliances are crafted for modern cooking.

Vacuum Cleaners
Home Appliances

Different vacuum cleaners are available for home cleaning.

Apps and channels of Midea

Midea publishes 2 mobile apps with over 2M+ downloads; its YouTube channel Midea India has 734 subscribers and 30 videos.

Midea Air
Google Play Tools Everyone Free
Developer: GD MIDEA AIR-CONDITIONING EQUIPMENT CO., LTD.
View on Google Play
SmartHome (MSmartHome)
Google Play Tools Everyone Free
Developer: AIDEOLOGY
View on Google Play
Midea India
YouTube 734 subscribers 30 videos Autos & Vehicles
Open channel

Videos from Midea

The most watched videos on Midea's YouTube channel, Midea India (734 subscribers). Click a video to play it here.

Midea Salutes the Homemaker this Women's Day
230.1K views
Midea’s Range of Air Fryers | Home Appliances
32.5K views
Midea #TasteTactics series with a tasty Turkish | Manchester City
20.8K views
Midea Kitchen Chimney
19.1K views

More on Midea India.

Funding Insights of Midea

  • Total Rounds 2
  • Last Round Post-IPO — $195.85M
  • Investors Count 2

All 2 funding rounds of Midea with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2014$195.85MPost-IPO––
Dec 2011Unspecified––
Valuation history

2 investors in total: 2 institutional.

Investors in Midea

Midea has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Xiaomi and CDH.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Private equity and private debt firm focused on multiple sectors
cdhfund.comKowloon, China
Multi-category consumer electronics are offered through an internet-first model.
2010mi.comBeijing, China
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Investor details for Midea

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Midea India Private Limited (Midea)

Midea India Private Limited is the primary company behind Midea. The board of Midea India Private Limited currently have 2 directors; the longest-serving is Naved Afaq Khan, appointed in 2024. 15 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Naved Afaq Khan
DIN 10736269
Director30 Aug 20242 yrs 2 moMidea India Private Limited
Siddharth Saxena
DIN 11124862
Additional Director10 Jun 20251 yr 5 moMidea India Private Limited

People of Midea

1 people are tracked at Midea (1 in leadership); the tracked headcount is 153.

NameRoleGroup
John Herrington
PresidentLeadership
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Complete people profiles for Midea

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Financials of Midea

Figures of Midea India Private Limited, the primary company behind Midea, for FY 2025. Revenue was ₹818 Cr (+74% year on year). Net profit was ₹29.02 Cr (4% margin). EBITDA was ₹67.78 Cr (8% margin). Revenue has grown at a compounded annual rate of +110% over three years and +146% over five years.

  • ₹818 CrRevenue · FY 2025 · +74% YoY
  • ₹29.02 CrNet profit · 4% margin
  • ₹67.78 CrEBITDA · 8% margin
  • ₹8.82 CrPaid-up capital
  • 153Employees (provident fund records)
  • +110%Revenue CAGR, 3 years
  • +146%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Midea India Private Limited are on its company page.

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Detailed financial statements for Midea

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
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  • Downloads

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Midea

Midea has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include ARBONIA climate, Clivet and Esaote.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Biomedical diagnostic equipment is produced for human and veterinary uses.
esaote.comGenoa, Italy1980Oct 2026••••
Indoor climate systems are provided for various solutions.
arbonia-climate.comArbon, Switzerland2021May 2024••••
Provider of energy storage system for grids
szclou.comShenzhen, China1996Apr 2023••••
Multi-utility robots are supplied for industrial applications.
kuka.comAugsburg, Germany1898Nov 2022••••
Automotive motors and battery products are manufactured by TTIUM.
ttiummotor.comWuhan, China2015Apr 2022••••
HVAC systems are manufactured for residential and commercial applications.
clivet.comFeltre, Italy2011Jun 2016••••
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Complete acquisition details for Midea

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of Midea

10 dated milestones of Midea across 58 years, from founding to its latest funding, stage changes and deals.

  1. Founded Midea is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Post-IPO, of $195.9M.
  4. Acquisition Acquires Clivet.
  5. Acquisition Acquires TTIUM.
  6. Acquisition Acquires KUKA.
  7. Acquisition Acquires Shenzhen Clou Electronics.
  8. Acquisition Acquires ARBONIA climate.
  9. IPO Lists on the stock exchange (IPO).
  10. Acquisition Acquires Esaote.

Web traffic of Midea

The website of Midea (midea.com) receives about 3.2M visits a month and ranks #10,941 among all websites worldwide, #1,514 in Consumer Electronics.

  • Monthly visits
    3.2M

    ▼ 9.1% vs previous month

  • Unique visitors
    753.9K

    per month

  • Global rank
    #10,941

    among all websites

  • Category rank
    #1,514

    Computers Electronics and Technology · Consumer Electronics

Similar websites

Websites whose visitors overlap most with Midea. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
hongfa.cn
100%
#362,351View details
shop.taqeef.com
shop.taqeef.com
99%
–
azmyco.com
azmyco.com
97%
#1,265,860–
elcomtrade.com
96%
#7,645,850View details
pakref.com
pakref.com
95%
#539,649–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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All 40 similar websites and full traffic analytics for Midea

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Related news about Midea

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Complete news archive for Midea

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Frequently Asked Questions about Midea

Midea was founded in 1968 and raised its 1st funding round 43 years after it was founded.

Midea is headquartered in Foshan, China. It is registered at Foshan, Guangdong, China.

Midea has 153 employees.

The primary company behind Midea, Midea India Private Limited, reported revenue of ₹818 Cr for FY 2025, up 74% year on year.

Midea, part of Midea Group, is engaged in the production and distribution of innovative home appliances and smart solutions. The company operates in the consumer goods sector, focusing on household appliances such as refrigerators, washing machines, dishwashers, kitchen appliances, and vacuum cleaners. Products are designed to enhance everyday living by improving efficiency, convenience, and comfort. With a presence in over 200 countries, Midea serves more than 500 million users globally. Operations in India are strengthened through strategic leadership and market expansion initiatives.

Midea offers Refrigerators, Washing Machines, Dishwashers, Kitchen Appliances, and Vacuum Cleaners.

Midea has made 6 acquisitions, including ARBONIA climate, Clivet, and Esaote.

Midea has 2 investors. Key investors include Xiaomi, and CDH.

Midea operates through Midea India Private Limited.

The legal entities of Midea currently have 3 directors, including Heena Jain, Naved Afaq Khan, Siddharth Saxena.

Yes. Midea publishes Midea Air and 1 more app, with over 2 million downloads.

The website of Midea receives about 3.2 million visits a month and ranks #10,941 among all websites worldwide.

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