About Qianfang Technology
Qianfang Technology is a company based in Haidian (China) founded in 2000.. The company has 6,380 employees as of December 31, 2024. Qianfang Technology operates in a competitive market with competitors including Miovision, Circuit, Trafi, NoTraffic and Actionfigure, among others.
- Headquarter Haidian, China
- Employees 6380 as on 31 Dec, 2024
- Stage Public
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Sectors
TechnologyTransportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
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- Legal Name China Transinfo Technology Co., Ltd. Class A
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Annual Revenue
$987.75 M (USD)-7.01as on Dec 31, 2024
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Net Profit
$-163.03 M (USD)-319.86as on Dec 31, 2024
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EBITDA
$-15.78 M (USD)-129.95as on Dec 31, 2024
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Latest Funding Round
$272.22 M (USD), Post-IPO
Aug 05, 2020
- Investors
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Employee Count
6380
as on Dec 31, 2024
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IPO & Listings of Qianfang Technology
Qianfang Technology is a publicly listed company on the SZSE with ticker symbol 002373 in China, operating in the Technology services 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.
Funding Insights of Qianfang Technology
- Total Funding Total Funding
- Total Rounds 2
- Last Round Post-IPO — $272.2M
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First Round
First Round
(28 May 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2020 | Amount | Post-IPO - Qianfang Technology | Valuation |
investors |
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| May, 2019 | Amount | Post-IPO - Qianfang Technology | Valuation |
investors |
| 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 Qianfang Technology
Qianfang Technology has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Alibaba.com. 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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Multi-category products are facilitated through an online B2B cross-border marketplace.
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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 Qianfang Technology
| 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 - Qianfang Technology
| 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 |
Qianfang Technology Comparisons
Competitors of Qianfang Technology
Qianfang Technology 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 Miovision, Circuit, Trafi, NoTraffic and Actionfigure, 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 |
Traffic data collection and management solutions are provided.
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| domain | founded_year | HQ Location |
An app-based platform for electric vehicle shuttle services is operated.
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| domain | founded_year | HQ Location |
Mobility app and MaaS solutions are provided for transit users.
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| domain | founded_year | HQ Location |
AI-enabled automatic traffic management solutions are provided for operators.
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| domain | founded_year | HQ Location |
Actionfigure is engaged in providing intelligent transportation data solutions.
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| domain | founded_year | HQ Location |
End-to-end software solutions for microtransit operators are provided.
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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 Qianfang Technology
Frequently Asked Questions about Qianfang Technology
When was Qianfang Technology founded?
Qianfang Technology was founded in 2000 and raised its 1st funding round 19 years after it was founded.
Where is Qianfang Technology located?
Qianfang Technology is headquartered in Haidian, China. It is registered at Haidian, Beijing, China.
How many employees does Qianfang Technology have?
As of Dec 31, 2024, the latest employee count at Qianfang Technology is 6,380.
What is the annual revenue of Qianfang Technology?
Annual revenue of Qianfang Technology is $987.75M as on Dec 31, 2024.
What does Qianfang Technology do?
Qianfang Technology was founded in 2000 and is based in Haidian, China. Solutions for smart transportation and security in urban environments are offered, with applications in highway, rail, and civil aviation sectors. Big data, artificial intelligence, and cloud edge-to-end integration technologies are utilized to support these operations across various transportation domains.
Who are the top competitors of Qianfang Technology?
Is Qianfang Technology publicly traded?
Yes, Qianfang Technology is publicly traded on SZSE under the ticker symbol 002373.
Who are Qianfang Technology's investors?
Qianfang Technology has 1 investor. Key investors include Alibaba.com.
What is Qianfang Technology's ticker symbol?
The ticker symbol of Qianfang Technology is 002373 on SZSE.
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