About Oction
Oction is a company based in Hong Kong (China) founded in 2017 by Pak H. Chau. It operates as a B2C. Oction operates in a competitive market with competitors including uBid Deals, Weipaitang, Yishi Network Technology, Zhulanli and Updeals, among others.
- Headquarter Hong Kong, China
- Founders Pak H. Chau
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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
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Investors
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Employee Count
Employee Count
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Funding Insights of Oction
| 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 |
Investments & Acquisitions by Oction
| 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 - Oction
| 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 |
Oction Comparisons
Competitors of Oction
Oction 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 uBid Deals, Weipaitang, Yishi Network Technology, Zhulanli and Updeals, 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 |
Online auctions and fixed-price merchandise sales are offered.
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| domain | founded_year | HQ Location |
Online auction platform for multi-category products
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| domain | founded_year | HQ Location |
Multi-category products are auctioned online through the Yesauc platform.
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| domain | founded_year | HQ Location |
Handcrafted products are auctioned online via Zhulanli platform.
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| domain | founded_year | HQ Location |
An online auction platform featuring a wide range of multi-category products.
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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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Frequently Asked Questions about Oction
When was Oction founded?
Oction was founded in 2017.
Where is Oction located?
Oction is headquartered in Hong Kong, China.
Who is the current CEO of Oction?
Pak H. Chau is the current CEO of Oction. They have also founded this company.
What does Oction do?
Oction delivers a mobile app for online auctions, focusing on operating online marketplaces, online marketplaces, auctions, and developing user-friendly mobile apps. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of Oction?
Oction's top competitors include uBid Deals, Weipaitang and Zhulanli.