Shanghai Mukong Network Technology

Shanghai, China Founded: 2016 • Age: 10 yrs
Offers smart solutions for convenience stores to offline retailers.

About Shanghai Mukong Network Technology

Shanghai Mukong Network Technology was a Retail company based in Shanghai (China) founded in 2016. It offers smart solutions for convenience stores to offline retailers. It operates on a B2B model. The company is recorded as dissolved. Its focus areas include Technology, Retail Technology, Smart Stores and Convenience Stores. Its legal entity in India is Amf Wellness Tech Private Limited (U74140HR2015PTC057100). Its competitors include Beijing Freebee Electronic Commerce, BingoBox and Oh Plus Network Technology; 3 of its 3 listed competitors have raised funding.

Company details

Shanghai Mukong Network Technology operates with a B2B model, focusing on leveraging cutting-edge technology, innovating retail solutions, smart stores, and convenience stores. Offers smart solutions for convenience stores to offline retailers. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

Key Metrics
  • Indian entity revenue
    ₹32,020

    FY 2020 · +7211% YoY

  • Indian entity net loss
    -₹7.2 Lakh

    FY 2020 · -2252% margin

  • Indian entity EBITDA
    -₹7.2 Lakh

    FY 2020 · -2240% margin

Funding Insights of Shanghai Mukong Network Technology

  • Total Rounds 2
  • Investors Count 1

All 2 funding rounds of Shanghai Mukong Network Technology with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2018Angel Round––
May 2017Series A––
–
Valuation history

1 investors in total: 0 institutional and 1 angel.

Investors in Shanghai Mukong Network Technology

Shanghai Mukong Network Technology has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Li Qing.

All
Angel
InvestorDescriptionFounded YearDomainLocation

Li Qing

unknown_13c829444cef40728
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Investor details for Shanghai Mukong Network Technology

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Board of directors of Amf Wellness Tech Private Limited (Shanghai Mukong Network Technology)

Amf Wellness Tech Private Limited is the primary company behind Shanghai Mukong Network Technology. The board of Amf Wellness Tech Private Limited currently have 2 directors; the longest-serving is Parminder Kaul, appointed in 2019. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Parminder Kaul
DIN 02643568
Director30 Jan 20197 yrs 8 moAmf Wellness Tech Private Limited
Veer Jee Kaul
DIN 03378280
Director30 Jan 20197 yrs 8 moAmf Wellness Tech Private Limited

Financials of Shanghai Mukong Network Technology

Figures of Amf Wellness Tech Private Limited, the primary company behind Shanghai Mukong Network Technology, for FY 2020. Revenue was ₹32,020 (+7211% year on year). Net loss was -₹7.2 Lakh (-2252% margin). EBITDA was -₹7.2 Lakh (-2240% margin). Revenue has grown at a compounded annual rate of -50% over three years.

  • ₹32,020Revenue · FY 2020 · +7211% YoY
  • -₹7.2 LakhNet loss · -2252% margin
  • -₹7.2 LakhEBITDA · -2240% margin
  • ₹2.4 LakhPaid-up capital
  • -50%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Amf Wellness Tech Private Limited are on its company page.

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Detailed financial statements for Shanghai Mukong Network Technology

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Timeline of Shanghai Mukong Network Technology

3 dated milestones of Shanghai Mukong Network Technology across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Shanghai Mukong Network Technology is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Angel Round,.

Competitors of Shanghai Mukong Network Technology

Shanghai Mukong Network Technology has 3 listed competitors in our database, 3 of them funded. They include Beijing Freebee Electronic Commerce, BingoBox and Oh Plus Network Technology.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
bianlifeng.com2016Chaoyang, China$314.02M
Self check-out solutions are provided for retail stores.
bingobox.com2017Zhongshan, China$94.76M
Smart retail stores are operated with automated payment systems.
xingbianli.com2017Shanghai, China$72.4M
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Detailed competitors of Shanghai Mukong Network Technology

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Related news about Shanghai Mukong Network Technology

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Frequently Asked Questions about Shanghai Mukong Network Technology

Shanghai Mukong Network Technology was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Shanghai Mukong Network Technology is headquartered in Shanghai, China.

The primary company behind Shanghai Mukong Network Technology, Amf Wellness Tech Private Limited, reported revenue of β‚Ή32,020 for FY 2020, up 7211% year on year.

Shanghai Mukong Network Technology operates with a B2B model, focusing on leveraging cutting-edge technology, innovating retail solutions, smart stores, and convenience stores. Offers smart solutions for convenience stores to offline retailers. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

Shanghai Mukong Network Technology's top competitors include BingoBox, Beijing Freebee Electronic Commerce and Oh Plus Network Technology.

Shanghai Mukong Network Technology has 1 investor. Key investors include Li Qing.

Shanghai Mukong Network Technology operates through Amf Wellness Tech Private Limited.

The legal entities of Shanghai Mukong Network Technology currently have 2 directors, including Parminder Kaul, Veer Jee Kaul.

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