About Pet Friends
Pet Friends is a company based in Seoul (South Korea) founded in 2015 was acquired by GS Retail in July 2021.. Pet Friends operates in a competitive market with competitors including Petbox, Bite Me, Petzbi, angellooks b2c and Wipet, among others.
- Headquarter Seoul, South Korea
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Sectors
Consumer
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Phone
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Website
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Social
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Funding Insights of Pet Friends
| 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 Pet Friends
Pet Friends has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include GS Retail and IMM Holdings. 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 fund focused on debt and equity investments in medium and large-sized businesses
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Meat products are retailed across South Korea by the company.
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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 Pet Friends
| 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 - Pet Friends
| 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 |
Pet Friends Comparisons
Competitors of Pet Friends
Pet Friends 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 Petbox, Bite Me, Petzbi, angellooks b2c and Wipet, 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 |
Multi-category pet supplies are provided via an online store.
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| domain | founded_year | HQ Location |
Multi-category pet products are retailed online by the company.
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| domain | founded_year | HQ Location |
Offers a premium subscription service for pet owners, providing tailored care and products.
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| domain | founded_year | HQ Location |
Multi-category pet products for cats and dogs are retailed online.
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| domain | founded_year | HQ Location |
Multi-category pet supplies are provided via an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Pet Friends
Frequently Asked Questions about Pet Friends
When was Pet Friends founded?
Pet Friends was founded in 2015.
Where is Pet Friends located?
Pet Friends is headquartered in Seoul, South Korea.
What does Pet Friends do?
Pet Friends was founded in 2015 as a mobile-based retailer in the pet products sector. Operations focus on a location-based app that offers pet foods, toys, and similar items for dogs and cats. Orders are fulfilled with delivery to designated local shops within one hour. Services are currently limited to the Gangnam and Seocho districts in Seoul, South Korea, with expansion to other areas planned as of June 2017.
Who are the top competitors of Pet Friends?
Who are Pet Friends's investors?
Pet Friends has 2 investors. Key investors include GS Retail, and IMM Holdings.
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