About OkBuy
OkBuy is a company based in Beijing (China) founded in 2007. It operates as a B2C. OkBuy has raised $27 million across 3 funding rounds from investors including Sequoia Capital, DFJ and Intel Education Accelerator. OkBuy operates in a competitive market with competitors including Letao, Paixie, Eyee, 10000xc and Wolverine Minerals, among others.
- Headquarter Beijing, China
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Sectors
Retail
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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
$27 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
Sequoia Capital
& 2 more
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Employee Count
Employee Count
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Funding Insights of OkBuy
OkBuy has successfully raised a total of $27M 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
(01 Nov 2009)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2011 | Amount | Series B - OkBuy | Valuation |
investors |
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| Oct, 2010 | Amount | Series B - OkBuy | Valuation | Sequoia Capital , DFJ |
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| Nov, 2009 | Amount | Series A - OkBuy | Valuation | Sequoia Capital |
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Investors in OkBuy
OkBuy has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Sequoia Capital, DFJ and Intel Education Accelerator.
| 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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US focused VC firm
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Founded Year | Domain | Location | |
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Education startups are funded and mentored by Intel-backed accelerator.
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Founded Year | Domain | Location |
Investments & Acquisitions by OkBuy
Financial Statements - OkBuy
Okbuy Comparisons
Competitors of OkBuy
OkBuy 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 Letao, Paixie, Eyee, 10000xc and Wolverine Minerals, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
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| domain | founded_year | HQ Location |
Paixie is a shopping website specializing in branded shoes and apparel for style-conscious consumers.
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| domain | founded_year | HQ Location |
Manages an e-commerce platform specializing in footwear sales.
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| domain | founded_year | HQ Location |
Operates a digital marketplace for purchasing footwear.
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| domain | founded_year | HQ Location |
Manages an e-commerce store specializing in footwear products.
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Latest news on Okbuy
Frequently Asked Questions about OkBuy
OkBuy was founded in 2007 and raised its 1st funding round 2 years after it was founded.
OkBuy is headquartered in Beijing, China.
OkBuy is a funded company, having raised a total of $27M across 3 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Nov 01, 2009.
OkBuy, based in Beijing, focuses on engaging in retail operations, operating online marketplaces, footwear, and conducting sales online. An e-tailer specializing in a wide range of footwear products for online shoppers. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
OkBuy has 3 investors. Key investors include Sequoia Capital, DFJ, and Intel Education Accelerator.