About Updeals
Updeals is a company based in Hong Kong (China) founded in 2021. It operates as a B2C. Updeals operates in a competitive market with competitors including uBid Deals, Weipaitang, Yishi Network Technology, Zhulanli and Oction, among others.
- Headquarter Hong Kong, China
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Sectors
Retail
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Phone
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Website
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Funding Insights of Updeals
| 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 Updeals
| 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 - Updeals
| 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 |
Updeals Comparisons
Competitors of Updeals
Updeals 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 uBid Deals, Weipaitang, Yishi Network Technology, Zhulanli and Oction, 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 |
Online auctions and fixed-price merchandise sales are offered.
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| domain | founded_year | HQ Location |
Online auction platform for multi-category products
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| domain | founded_year | HQ Location |
Multi-category products are auctioned online through the Yesauc platform.
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| domain | founded_year | HQ Location |
Handcrafted products are auctioned online via Zhulanli platform.
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| domain | founded_year | HQ Location |
Delivers a mobile app for online auctions.
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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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Frequently Asked Questions about Updeals
When was Updeals founded?
Updeals was founded in 2021.
Where is Updeals located?
Updeals is headquartered in Hong Kong, China.
What does Updeals do?
Updeals, founded in 2021 in Hong Kong, China, focuses on operating online marketplaces, online marketplaces, auctions, and multi-category products. An online auction platform featuring a wide range of multi-category products. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Who are the top competitors of Updeals?
Updeals's top competitors include uBid Deals, Weipaitang and Zhulanli.