Ssangyong Motor Company

Seoul, South Korea Founded: 1954 • Age: 72 yrs Acquired By KG Group
Brand of passenger cars
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About Ssangyong Motor Company

Ssangyong Motor Company is a company based in Seoul (South Korea) founded in 1954 was acquired by KG Group in May 2022.. Ssangyong Motor Company operates in a competitive market with competitors including Tesla, Kia, Waymo, Polestar and NIO, among others.

  • Headquarter Seoul, South Korea
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Transportation, Automotive & Logistics → Automotive Manufacturing & Engineering
Key Metrics
  • Annual Revenue
    $2.66 B (USD)
    41
    as on Dec 31, 2022
  • Net Profit
    $-52.61 M (USD)
    74
    as on Dec 31, 2022
  • EBITDA
    $-69.55 M (USD)
    67
    as on Dec 31, 2022
  • Latest Funding Round
  • Investors
    Mahindra

    & 3 more

  • Employee Count
    Employee Count
  • Acquired by
    KG Group

    & 3 more

    (May 13, 2022)

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Funding Insights of Ssangyong Motor Company

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 Ssangyong Motor Company

Ssangyong Motor Company has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Mahindra, SAIC Motor and KG Group. 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
-
Founded Year Domain Location
Diversified operations span automotive, agriculture, and financial services.
Founded Year Domain Location
Automobiles are manufactured, researched, and sold by SAIC Motor.
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 Ssangyong Motor Company

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

Financial Statements - Ssangyong Motor Company

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

Ssangyong Motor Company Comparisons

Employees
+
Add Comparison
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Competitors of Ssangyong Motor Company

Ssangyong Motor Company 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 Tesla, Kia, Waymo, Polestar and NIO, 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
Electric vehicles and solar energy products are manufactured.
domain founded_year HQ Location
Motor vehicles and parts are manufactured, imported, distributed, and sold.
domain founded_year HQ Location
Self-driving vehicle solutions are developed and deployed for transportation.
domain founded_year HQ Location
Electric vehicles are manufactured and developed by Polestar.
domain founded_year HQ Location
AI-enabled electric vehicles and battery-swapping systems are developed by NIO.
domain founded_year HQ Location
AI and SaaS-based self-driving solutions for autonomous vehicles are provided.
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 Ssangyong Motor Company

Frequently Asked Questions about Ssangyong Motor Company

When was Ssangyong Motor Company founded?

Ssangyong Motor Company was founded in 1954.

Where is Ssangyong Motor Company located?

Ssangyong Motor Company is headquartered in Seoul, South Korea.

Who is the current CEO of Ssangyong Motor Company?

Johng sik Choi is the current CEO of Ssangyong Motor Company.

What is the annual revenue of Ssangyong Motor Company?

Annual revenue of Ssangyong Motor Company is $2.66B as on Dec 31, 2022.

What does Ssangyong Motor Company do?

SsangYong Motor Company was established in 1954 as a key player in South Koreas automotive sector. Vehicles such as SUVsMusso, Korando, Rexton, Kyron, Actyon, and variants like Korando Sports and Turismoare produced alongside luxury sedans. A majority stake was acquired by Mahindra Mahindra in 2011. Operations are centered in Seoul, with a focus on passenger car manufacturing.

Who are the top competitors of Ssangyong Motor Company?

Ssangyong Motor Company's top competitors include Aurora, Polestar and Cruise.

Who are Ssangyong Motor Company's investors?

Ssangyong Motor Company has 4 investors. Key investors include Mahindra, SAIC Motor, KG Group, and Morgan Stanley Private Equity Asia.

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