About Pickupp
Pickupp is a company based in Hong Kong (China) founded in 2016 by Crystal Pang, Eric San, and Paco Chan.. Pickupp has raised $57 million across 5 funding rounds from investors including PChome, Cathay Financial Holdings and Jardines. Pickupp operates in a competitive market with competitors including Ninja Van, Huitongda, Xiaoxiangyizhan, Roadbull and ShipMyKart, among others.
- Headquarter Hong Kong, China
- Founders Crystal Pang, Eric San, Paco Chan
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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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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Total Equity Funding
$57 M (USD)
in 5 rounds
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Latest Funding Round
$37 M (USD), Series B
Dec 08, 2021
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Investors
PChome
& 13 more
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Employee Count
Employee Count
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Funding Insights of Pickupp
Pickupp has successfully raised a total of $57M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $37 million completed in December 2021. 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 Series B — $37.0M
- First Round First Round
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Series B - Pickupp | Valuation | Jardines | |
| Oct, 2021 | Amount | Series A - Pickupp | Valuation | Reefknot Investments |
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| Jul, 2021 | Amount | Series A - Pickupp | Valuation | PChome , Cornerstone Ventures |
| 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 Pickupp
Pickupp has secured backing from 14 investors, including institutional and venture fund investors. Prominent investors backing the company include PChome, Cathay Financial Holdings and Jardines. 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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High-growth technology startups in supply chain are supported.
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Founded Year | Domain | Location | |
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Venture capital investments are focused on sustainability and deep technology.
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Founded Year | Domain | Location | |
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Venture capital investments are provided to digital startups.
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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 Pickupp
| 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 - Pickupp
| 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 |
Pickupp Comparisons
Competitors of Pickupp
Pickupp 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 Ninja Van, Huitongda, Xiaoxiangyizhan, Roadbull and ShipMyKart, 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 |
Last-mile B2C delivery services are facilitated through an app-based platform.
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| domain | founded_year | HQ Location |
Logistics services for online businesses are provided, enabling same-day deliveries.
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| domain | founded_year | HQ Location |
Operates as a crowdsourced platform for efficient last-mile logistics and delivery services.
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| domain | founded_year | HQ Location |
Roadbull offers efficient last mile delivery, fulfilment, and courier services in Singapore.
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| domain | founded_year | HQ Location |
Provides cloud-based delivery services for e-commerce operations.
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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 Pickupp
Frequently Asked Questions about Pickupp
When was Pickupp founded?
Pickupp was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Pickupp located?
Pickupp is headquartered in Hong Kong, China.
Is Pickupp a funded company?
Pickupp is a funded company, having raised a total of $57M across 5 funding rounds to date. The company's 1st funding round was a Series A of $15M, raised on Dec 24, 2018.
What does Pickupp do?
An app-based platform was established in 2016 in Hong Kong, China, to handle last-mile e-commerce deliveries. On-demand, same-day, next-day, doorstep, and international options are supported, including crowdsourced ad-hoc and bulk shipments. Real-time GPS tracking, electronic proof of delivery, and insured services are incorporated. Operations serve third-party logistics providers, e-commerce platforms, luxury goods, food, and beverage sectors across relevant geographies.
Who are the top competitors of Pickupp?
Who are Pickupp's investors?
Pickupp has 14 investors. Key investors include PChome, Cathay Financial Holdings, Jardines, ZipX, and Swire Properties.