About Vipmro
Vipmro is a company based in Suzhou (China) founded in 2007 was acquired by Jdmro.cn in August 2020. Vipmro has raised $64.27 million across 5 funding rounds from investors including JD.com, Bull Capital Partners and Weiguang Ventures. Vipmro operates in a competitive market with competitors including Fastenal, Milwaukee Tool, Ehsy, Ruigu and Easy-to-buy work, among others.
- Headquarter Suzhou, China
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Sectors
Industrial Goods & ManufacturingRetail
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Funding Insights of Vipmro
Vipmro has successfully raised a total of $64.27M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $31.55 million completed in May 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Vipmro
Vipmro has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include JD.com, Bull Capital Partners and Weiguang Ventures.
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Growth stage tech-focused VC firm funding companies in Asia
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Investments are made by Weiguang Ventures in early-stage startups.
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Health and technology startups are invested in by Puhua Capital.
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Investor details for Vipmro
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Investments & Acquisitions by Vipmro
Investment portfolio details for Vipmro
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Financial Statements - Vipmro
Detailed financials for Vipmro
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Vipmro Comparisons
Peer comparison for Vipmro
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Competitors of Vipmro
Vipmro 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 Fastenal, Milwaukee Tool, Ehsy, Ruigu and Easy-to-buy work, among others.
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Industrial tools and equipment are distributed online to various sectors.
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Industrial tools are distributed online by Milwaukee Tool.
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Industrial B2B e-commerce platform for tools and systems is operated.
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MRO tools and supplies are supplied online by Ruigu.
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MRO and industrial tools are e-distributed via an online platform.
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Detailed competitors of Vipmro
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Latest news on Vipmro
Complete news archive for Vipmro
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Frequently Asked Questions about Vipmro
Vipmro was founded in 2007 and raised its 1st funding round 8 years after it was founded.
Vipmro is headquartered in Suzhou, China. It is registered at Suzhou, Jiangsu, China.
Vipmro is a funded company, having raised a total of $64.27M across 5 funding rounds to date.
Vipmro was established in 2007 in Suzhou, China, as an online B2B platform focused on industrial sectors. A range of products, including power supply equipment, electronic components, switches, sockets, safety gear, tools, measuring instruments, laboratory supplies, cutting tools, and office items, is offered to meet procurement requirements of large-scale customers. Operations emphasize efficient ordering and distribution, with sales exceeding 300 million yuan recorded in the first half of 2016.
Vipmro's top competitors include Fastenal, Milwaukee Tool and Ruigu.
Vipmro has 8 investors. Key investors include JD.com, Bull Capital Partners, Weiguang Ventures, Puhua Capital, and Yunqi Partners.