About Tang Palace
Tang Palace is a company based in Beijing (China) founded in 1992.. The company has 2,600 employees as of December 31, 2024. Tang Palace operates in a competitive market with competitors including YUM! Brands, Yum China, YPX Cayman Holdings, Super Hi International Holding and Pirata Group, among others.
- Headquarter Beijing, China
- Employees 2600 as on 31 Dec, 2024
- Stage Public
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Sectors
Consumer
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Phone
*********
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Website
*********
- Legal Name Tang Palace (China) Holdings Limited
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Annual Revenue
$142.92 M (USD)-10.78as on Dec 31, 2024
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Net Profit
$-2.64 M (USD)-144.54as on Dec 31, 2024
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EBITDA
$10.11 M (USD)-40.71as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
2600
as on Dec 31, 2024
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IPO & Listings of Tang Palace
Tang Palace is a publicly listed company on the HKEX with ticker symbol 1181 in Hong Kong, operating in the Consumer 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 Tang Palace
| 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 Tang Palace
| 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 - Tang Palace
| 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 |
Tang Palace Comparisons
Competitors of Tang Palace
Tang Palace 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 YUM! Brands, Yum China, YPX Cayman Holdings, Super Hi International Holding and Pirata Group, 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 |
Restaurants chains
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| domain | founded_year | HQ Location |
Restaurants including KFC and Pizza Hut are operated in China.
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| domain | founded_year | HQ Location |
Operates a group of restaurants offering diverse dining experiences.
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| domain | founded_year | HQ Location |
A chain of limited-service restaurants is operated internationally.
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| domain | founded_year | HQ Location |
Manages multiple restaurants providing quality dining and events across various locations.
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| domain | founded_year | HQ Location |
Tea and wine are served by this restaurant chain.
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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 Tang Palace
Frequently Asked Questions about Tang Palace
When was Tang Palace founded?
Tang Palace was founded in 1992.
Where is Tang Palace located?
Tang Palace is headquartered in Beijing, China.
How many employees does Tang Palace have?
As of Dec 31, 2024, the latest employee count at Tang Palace is 2,600.
What is the annual revenue of Tang Palace?
Annual revenue of Tang Palace is $142.92M as on Dec 31, 2024.
What does Tang Palace do?
Tang Palace was founded in 1992 and operates within the restaurant sector in China. A network of outlets is managed under brands including Tang Palace, Tangs Cuisine, Tang Palace Seafood, Canton Tea Room, Social Place, Ninja House, Pepper Lunch, and PappaRich. Locations are maintained in Shanghai, Chengdu, Beijing, Shenzhen, and Hangzhou, focusing on diverse dining options.
Who are the top competitors of Tang Palace?
Tang Palace's top competitors include Yum China, YUM! Brands and Super Hi International Holding.
Is Tang Palace publicly traded?
Yes, Tang Palace is publicly traded on HKEX under the ticker symbol 1181.
What is Tang Palace's ticker symbol?
The ticker symbol of Tang Palace is 1181 on HKEX.