Ping An

Shenzhen, China Founded: 1987 • Age: 39 yrs
Life and non-life insurance, banking, and financial services are provided.
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About Ping An

Ping An is a company based in Shenzhen (China) founded in 1987 by Ma Mingzhe Peter.. The company has 273,050 employees as of December 31, 2024. Ping An has completed 5 acquisitions, including 360, Bright Laser Technologies and Founder. Ping An operates in a competitive market with competitors including Investec, SVB, Bank of America, Scotiabank and China Merchants Bank, among others.

  • Headquarter Shenzhen, China
  • Employees 273050 as on 31 Dec, 2024
  • Founders Ma Mingzhe Peter
  • Stage Public
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ping An Insurance (Group) Company Of China, Ltd. Class A
Operational Areas
Financial Services → Insurance & Risk Management
Key Metrics
  • Annual Revenue
    $129.07 B (USD)
    3.28
    as on Dec 31, 2024
  • Net Profit
    $17.35 B (USD)
    47.79
    as on Dec 31, 2024
  • EBITDA
  • Latest Funding Round
    $875 M (USD), Post-IPO

    Oct 19, 2020

  • Investors
    SBI Group

    & 3 more

  • Employee Count
    273050

    as on Dec 31, 2024

  • Investments & Acquisitions
    360

    & 4 more

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IPO & Listings of Ping An

Ping An is a publicly listed company on the SSE with ticker symbol 601318 in China, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: SSE · Ticker: 601318 . Sector: Finance · China

Funding Insights of Ping An

  • Total Funding
  • Total Rounds 3
  • Last Round Post-IPO — $875.0M
  • First Round
  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2020 Amount Post-IPO - Ping An Valuation

investors

Jan, 2018 Amount Post-IPO - Ping An Valuation

investors

Jun, 2004 Amount Private Equity Round - Ping An Valuation TPG
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Ping An

Ping An has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include SBI Group, TPG and SoftBank Vision Fund. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investments in technology and startups.
Founded Year Domain Location
Fund of funds focused on pre-seed and seed-stage companies
Founded Year Domain Location
Diversified operations in finance, biotech, and healthcare are managed.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Ping An

Ping An has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include 360, Bright Laser Technologies and Founder. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Interactive language training and on-demand expert learning are delivered online.
2008
Provider of managed security services and antivirus
2005
Multi-category dairy products are manufactured and distributed by Junlebao.
1995
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Ping An

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Ping An Comparisons

Employees
+
Add Comparison
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Competitors of Ping An

Ping An 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 Investec, SVB, Bank of America, Scotiabank and China Merchants Bank, 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
Global banking, investment, and wealth management services are offered worldwide.
domain founded_year HQ Location
Banking services are provided to innovative companies, investors, and individuals.
domain founded_year HQ Location
Commercial banking and asset management services are offered worldwide.
domain founded_year HQ Location
Commercial banking services are provided internationally by Scotiabank.
domain founded_year HQ Location
Diversified banking and wealth management services are provided in China.
domain founded_year HQ Location
Commercial bank
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Ping An

Frequently Asked Questions about Ping An

When was Ping An founded?

Ping An was founded in 1987 and raised its 1st funding round 17 years after it was founded.

Where is Ping An located?

Ping An is headquartered in Shenzhen, China. It is registered at Shenzhen, Guangdong, China.

Who is the current CEO of Ping An?

Tan Sin Yin Jessica is the current CEO of Ping An.

How many employees does Ping An have?

As of Dec 31, 2024, the latest employee count at Ping An is 273,050.

What is the annual revenue of Ping An?

Annual revenue of Ping An is $129.07B as on Dec 31, 2024.

What does Ping An do?

Ping An was founded in 1987 in Shenzhen, China, where operations in the insurance and financial sectors are centered. Life insurance and property-casualty insurance are offered, complemented by banking, lending, and asset management services for individuals and businesses. Coverage extends across China and select international markets. In 2022, annual revenues reached 166.37 billion, while net profits totaled 12.64 billion.

Who are the top competitors of Ping An?

Ping An's top competitors include Investec, SVB and Scotiabank.

Is Ping An publicly traded?

Yes, Ping An is publicly traded on SSE under the ticker symbol 601318.

How many acquisitions has Ping An made?

Ping An has made 5 acquisitions, including 360, Bright Laser Technologies, and Founder.

Who are Ping An's investors?

Ping An has 4 investors. Key investors include SBI Group, TPG, SoftBank Vision Fund, and Montana Capital Partners.

What is Ping An's ticker symbol?

The ticker symbol of Ping An is 601318 on SSE.

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