About Oh Plus Network Technology
Oh Plus Network Technology is a company based in Shanghai (China) founded in 2017 by Michael Lv.. Oh Plus Network Technology has raised $72.4 million across 3 funding rounds from investors including Ant Group, China Renaissance Group and Sequoia Capital. Oh Plus Network Technology operates in a competitive market with competitors including RELEX, Jushuitan, ITAB, Linx and AiBee, among others.
- Headquarter Shanghai, China
- Founders Michael Lv
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$72.4 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
Ant Group
& 5 more
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Employee Count
Employee Count
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Funding Insights of Oh Plus Network Technology
Oh Plus Network Technology has successfully raised a total of $72.4M across 3 strategic funding rounds. 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 3
- Last Round Last Round
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First Round
First Round
(03 Sep 2017)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Series A - Oh Plus Network Technology | Valuation |
investors |
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| Nov, 2017 | Amount | Series A - Oh Plus Network Technology | Valuation | Sequoia Capital | |
| Sep, 2017 | Amount | Series A - Oh Plus Network Technology | Valuation | Lightspeed China Partners |
| 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 Oh Plus Network Technology
Oh Plus Network Technology has secured backing from 6 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Ant Group, China Renaissance Group and Sequoia Capital. 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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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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M&A advisory, asset management firm, and private equity fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Venture capital fund focused on multiple sectors
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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 Oh Plus Network Technology
| 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 - Oh Plus Network Technology
| 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 |
Oh Plus Network Technology Comparisons
Competitors of Oh Plus Network Technology
Oh Plus Network Technology 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 RELEX, Jushuitan, ITAB, Linx and AiBee, 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 |
Unified platform for retail and supply chain planning is offered.
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| domain | founded_year | HQ Location |
SaaS-based ERP solutions are provided for e-commerce operations management.
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| domain | founded_year | HQ Location |
Self-checkout solutions are provided for retail businesses worldwide.
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| domain | founded_year | HQ Location |
Cloud-based ERP and POS solutions are provided for retail segments.
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| domain | founded_year | HQ Location |
Provider of voice recognition, language understanding, and data analysis services
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| domain | founded_year | HQ Location |
Suite solutions for e-commerce businesses are provided.
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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 Oh Plus Network Technology
Frequently Asked Questions about Oh Plus Network Technology
When was Oh Plus Network Technology founded?
Oh Plus Network Technology was founded in 2017.
Where is Oh Plus Network Technology located?
Oh Plus Network Technology is headquartered in Shanghai, China.
Is Oh Plus Network Technology a funded company?
Oh Plus Network Technology is a funded company, having raised a total of $72.4M across 3 funding rounds to date. The company's 1st funding round was a Series A of $15M, raised on Sep 03, 2017.
Who are the top competitors of Oh Plus Network Technology?
Who are Oh Plus Network Technology's investors?
Oh Plus Network Technology has 6 investors. Key investors include Ant Group, China Renaissance Group, Sequoia Capital, Vision Plus Capital, and Lightspeed China Partners.