Trusu

Hong Kong, China Founded: 2016 • Age: 10 yrs Acquired By ZipX
Cross-border shipping solutions are facilitated via an online platform.
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About Trusu

Trusu is a company based in Hong Kong (China) founded in 2016 by James Steinberg was acquired by ZipX in March 2019.. Trusu operates in a competitive market with competitors including Moduslink, Easyya, Xianlife, Surpath and eFreight, among others.

  • Headquarter Hong Kong, China
  • Founders James Steinberg
  • Sectors
    Retail
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Retail → E-Commerce Platforms & Marketplaces
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics
Retail → E-Commerce Technology & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    ZipX

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    ZipX

    (Mar 26, 2019)

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Funding Insights of Trusu

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2018 Amount Seed - Trusu 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

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Trusu

Trusu has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include ZipX and Y Combinator. 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
Early-stage startups are accelerated via funding and educational programs.
Founded Year Domain Location
Snacks, foods, health products, and daily essentials are sold online.
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 Trusu

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 - Trusu

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

Trusu Comparisons

Employees
+
Add Comparison
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Competitors of Trusu

Trusu 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 Moduslink, Easyya, Xianlife, Surpath and eFreight, 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
Supply chain management services are provided for global technology firms.
domain founded_year HQ Location
Operation management software solutions are provided for e-commerce businesses.
domain founded_year HQ Location
Cross-border grocery products are retailed online by Xianlife.
domain founded_year HQ Location
AI and cloud-based solutions for cross-border e-commerce logistics are provided.
domain founded_year HQ Location
Customs clearance solutions for cross-border eCommerce and logistics firms
domain founded_year HQ Location
Cross-border logistics solutions for international freight 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 Trusu

Frequently Asked Questions about Trusu

When was Trusu founded?

Trusu was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Where is Trusu located?

Trusu is headquartered in Hong Kong, China.

What does Trusu do?

Trusu was established in 2016 in Hong Kong, China, as an e-commerce platform focused on cross-border shipping. Products spanning categories such as grocery and gourmet food, health items, baby products, beauty and personal care, household and kitchen goods, and electronics are offered. Orders from customers are consolidated on a monthly basis and imported from various foreign countries to enable international access.

Who are the top competitors of Trusu?

Trusu's top competitors include Easyya, Moduslink and Globavend.

Who are Trusu's investors?

Trusu has 2 investors. Key investors include ZipX, and Y Combinator.

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