About Ookbee
Ookbee is a company based in Bangkok (Thailand) founded in 2012 by Moo Natavudh Pungcharoenpong.. Ookbee has raised $28 million across 5 funding rounds from investors including Tencent, Transcosmos and In Touch Company. Ookbee has completed 1 acquisition, including Storylog. Ookbee operates in a competitive market with competitors including Magzter, w2news, Diarios Argentinos, Ztory and Joins Prime, among others.
- Headquarter Bangkok, Thailand
- Founders Moo Natavudh Pungcharoenpong
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$3.61 M (USD)-2as on Dec 31, 2022
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Net Profit
$-285.87 K (USD)56as on Dec 31, 2022
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EBITDA
$-285.87 K (USD)56as on Dec 31, 2022
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Total Equity Funding
$28 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
Tencent
& 5 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Funding Insights of Ookbee
Ookbee has successfully raised a total of $28M across 5 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 5
- Last Round Last Round
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First Round
First Round
(27 Sep 2012)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Series C - Ookbee | Valuation | Sumitomo | |
| Mar, 2018 | Amount | Series C - Ookbee | Valuation | Beacon VC |
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| Jan, 2017 | Amount | Series C - Ookbee | Valuation | Tencent |
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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 Ookbee
Ookbee has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Tencent, Transcosmos and In Touch Company. 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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Private equity investments across Asia are handled by Sumitomo.
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Founded Year | Domain | Location | |
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Early-growth stage tech and offline focused VC investing in geographies such as Asia
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Founded Year | Domain | Location | |
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Corporate-backed venture capital fund and startup studio 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 Ookbee
Ookbee has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Storylog. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Storytelling platform in Thailand
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Ookbee
| 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 |
Ookbee Comparisons
Competitors of Ookbee
Ookbee 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 Magzter, w2news, Diarios Argentinos, Ztory and Joins Prime, 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 |
Digital magazines and newspapers are distributed via an online platform.
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| domain | founded_year | HQ Location |
Aggregates newspapers and magazines in a digital app format.
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| domain | founded_year | HQ Location |
Mobile app that gathers major Argentine newspapers and magazines for user access.
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| domain | founded_year | HQ Location |
Digital newsstand mobile app
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| domain | founded_year | HQ Location |
Serves as a SaaS-based digital newsstand for magazines and newspapers.
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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 Ookbee
Frequently Asked Questions about Ookbee
When was Ookbee founded?
Ookbee was founded in 2012.
Where is Ookbee located?
Ookbee is headquartered in Bangkok, Thailand.
Who is the current CEO of Ookbee?
Moo Natavudh Pungcharoenpong is the current CEO of Ookbee. They have also founded this company.
Is Ookbee a funded company?
Ookbee is a funded company, having raised a total of $28M across 5 funding rounds to date. The company's 1st funding round was a Series C of $19M, raised on Sep 27, 2012.
What is the annual revenue of Ookbee?
Annual revenue of Ookbee is $3.61M as on Dec 31, 2022.
What does Ookbee do?
Ookbee is a digital platform which provides newspaper and magazines. It provides different products including book, fiction, newspapers, online courses, audiobooks, and magazines. Customers can buy the products from its platform. As of Feb 16, It claims to have more than 5M users and 500 magazine media titles including regional versions of Cosmopolitan, Maxim, FHM etc.
How many acquisitions has Ookbee made?
Ookbee has made 1 acquisition, including Storylog.
Who are Ookbee's investors?
Ookbee has 6 investors. Key investors include Tencent, Transcosmos, In Touch Company, Sumitomo Corporation Equity Asia, and Beacon VC.