About Redco
Redco is a company based in Shenzhen (China) founded in 1992 by Huang Ruoqing.. The company has 2,270 employees as of December 31, 2024. Redco operates in a competitive market with competitors including Vingroup, Lendlease, Eiffage, Lodha Group and Frasers Property, among others.
- Headquarter Shenzhen, China
- Employees 2270 as on 31 Dec, 2024
- Founders Huang Ruoqing
- Stage Public
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Sectors
Real Estate & Construction
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Phone
*********
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Website
*********
- Legal Name Redco Properties Group Ltd.
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Annual Revenue
$1.14 B (USD)50.7as on Dec 31, 2024
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Net Profit
$-384.99 M (USD)-74.03as on Dec 31, 2024
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EBITDA
$-451.94 M (USD)-675.44as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
2270
as on Dec 31, 2024
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IPO & Listings of Redco
Redco is a publicly listed company on the HKEX with ticker symbol 1622 in Hong Kong, 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.
Funding Insights of Redco
| 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 |
Investments & Acquisitions by Redco
| 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 - Redco
| 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 |
Redco Comparisons
Competitors of Redco
Redco 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 Vingroup, Lendlease, Eiffage, Lodha Group and Frasers Property, 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 |
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| domain | founded_year | HQ Location |
Real estate development and management services are offered by Vingroup.
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| domain | founded_year | HQ Location |
Sustainable project development and maintenance services are provided worldwide.
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| domain | founded_year | HQ Location |
Eiffage is engaged in construction, energy, and infrastructure concessions.
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| domain | founded_year | HQ Location |
Developer of residential and commercial real estate properties
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| domain | founded_year | HQ Location |
Residential and commercial properties are developed and managed across regions.
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| domain | founded_year | HQ Location |
Real estate properties are developed in over 50 cities.
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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 Redco
Frequently Asked Questions about Redco
When was Redco founded?
Redco was founded in 1992.
Where is Redco located?
Redco is headquartered in Shenzhen, China. It is registered at Shenzhen, Guangdong, China.
How many employees does Redco have?
As of Dec 31, 2024, the latest employee count at Redco is 2,270.
What is the annual revenue of Redco?
Annual revenue of Redco is $1.14B as on Dec 31, 2024.
What does Redco do?
Redco, established in 1992 and currently in Public stage, focuses on real estate and construction, real estate infrastructure developers, and diversified. Provider of real estate development services. Adapting to market demands with innovation and client-focused strategies. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of Redco?
Redco's top competitors include Godrej Properties, Vingroup and Lendlease.
Is Redco publicly traded?
Yes, Redco is publicly traded on HKEX under the ticker symbol 1622.
What is Redco's ticker symbol?
The ticker symbol of Redco is 1622 on HKEX.