About Redstar Macalline
Redstar Macalline is a company based in Shanghai (China) founded in 1986.. Redstar Macalline has raised $581 million across 4 funding rounds from investors including Alibaba.com, Fosun and Warburg Pincus. The company has 11,550 employees as of December 31, 2024. Redstar Macalline offers products and services including Furniture Retail and Appliance and Home Services.
- Headquarter Shanghai, China
- Employees 11550 as on 31 Dec, 2024
- Stage Public
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Red Star Macalline Group Corporation Ltd Class A
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Annual Revenue
$1.02 B (USD)-35.48as on Dec 31, 2024
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Net Profit
$-408.25 M (USD)-23.66as on Dec 31, 2024
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EBITDA
$227.42 M (USD)-38.34as on Dec 31, 2024
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Total Equity Funding
$581 M (USD)
in 4 rounds
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Latest Funding Round
$633.88 M (USD), Post-IPO
May 15, 2019
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Investors
Alibaba.com
& 4 more
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Employee Count
11550
as on Dec 31, 2024
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IPO & Listings of Redstar Macalline
Redstar Macalline is a publicly listed company on the SSE with ticker symbol 601828 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.
Products & Services of Redstar Macalline
Redstar Macalline offers a comprehensive portfolio of products and services, including Furniture Retail and Appliance and Home Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Furniture and home decor are offered through integrated mall operations across China
Home appliances and decoration services are provided as part of expanded retail models
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General Team
1 people
Leadership Team
1 people
Outlets Team
1 people
Software Development Team
1 people
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Funding Insights of Redstar Macalline
Redstar Macalline has successfully raised a total of $581M across 4 strategic funding rounds. The most recent funding activity was a Post-IPO round of $633.88 million completed in May 2019. 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 4
- Last Round Post-IPO — $633.9M
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First Round
First Round
(01 Jun 2008)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2019 | Amount | Post-IPO - Redstar Macalline | Valuation |
investors |
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| Nov, 2017 | Amount | Post-IPO - Redstar Macalline | Valuation |
investors |
|
| Jun, 2010 | Amount | Series B - Redstar Macalline | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Redstar Macalline
Redstar Macalline has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Alibaba.com, Fosun and Warburg Pincus. 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-stage private equity investments are pursued across diverse sectors.
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Founded Year | Domain | Location | |
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Acquisitions are targeted by CPE as a private equity firm.
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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 Redstar Macalline
| 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 - Redstar Macalline
| 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 |
Redstar Macalline Comparisons
Competitors of Redstar Macalline
| 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 Redstar Macalline
Frequently Asked Questions about Redstar Macalline
When was Redstar Macalline founded?
Redstar Macalline was founded in 1986 and raised its 1st funding round 22 years after it was founded.
Where is Redstar Macalline located?
Redstar Macalline is headquartered in Shanghai, China.
Who is the current CEO of Redstar Macalline?
Jianxing Che is the current CEO of Redstar Macalline.
Is Redstar Macalline a funded company?
Redstar Macalline is a funded company, having raised a total of $581M across 4 funding rounds to date. The company's 1st funding round was a Series B of $381M, raised on Jun 01, 2008.
How many employees does Redstar Macalline have?
As of Dec 31, 2024, the latest employee count at Redstar Macalline is 11,550.
What is the annual revenue of Redstar Macalline?
Annual revenue of Redstar Macalline is $1.02B as on Dec 31, 2024.
What does Redstar Macalline do?
Redstar Macalline is a home furniturelifestyle retailer in China. It provides home furnishing products and furniture and also offers home furnishing consulting services. Targets the rapidly growing middle class in China through the operation of malls that offer furniture and home decoration material such as flooring, bathroom and kitchen fixtures. Currently runs more than 140 shopping malls across over 100 Chinese cities. In 2019, the company recorded annual revenues of 2.3, and a net profit of 0.7B.
What products or services does Redstar Macalline offer?
Redstar Macalline offers Furniture Retail and Appliance and Home Services.
Is Redstar Macalline publicly traded?
Yes, Redstar Macalline is publicly traded on SSE under the ticker symbol 601828.
Who are Redstar Macalline's investors?
Redstar Macalline has 5 investors. Key investors include Alibaba.com, Fosun, Warburg Pincus, BOC International Holdings, and CPE.
What is Redstar Macalline's ticker symbol?
The ticker symbol of Redstar Macalline is 601828 on SSE.
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