About VTech
VTech is a company based in Hong Kong (China) founded in 1976 by Stephen Leung and Allan Wong. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. The company has 20,000 employees as of March 31, 2024. VTech has completed 2 acquisitions, including LeapFrog and Snom. VTech offers products and services including Electronic Learning Products, Telecommunication Products, and Contract Manufacturing Services. VTech operates in a competitive market with competitors including Flex, Huaqin, Shanghai Laimu Electronics, SMD Technologies and Ninestar, among others.
- Headquarter Hong Kong, China
- Employees 20000 as on 31 Mar, 2024
- Founders Stephen Leung, Allan Wong
- Stage Public
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Sectors
Industrial Goods & ManufacturingConsumer
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Vtech Holdings Limited
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Annual Revenue
$2.19 B (USD)1.06as on Mar 31, 2024
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Net Profit
$157.08 M (USD)-6.26as on Mar 31, 2024
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EBITDA
$240.78 M (USD)-4.27as on Mar 31, 2024
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Latest Funding Round
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Investors
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Employee Count
20000
as on Mar 31, 2024
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Investments & Acquisitions
LeapFrog
& 1 more
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IPO & Listings of VTech
VTech is a publicly listed company on the HKEX with ticker symbol 303 in Hong Kong, operating in the Consumer durables 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.
Products & Services of VTech
VTech offers a comprehensive portfolio of products and services, including Electronic Learning Products, Telecommunication Products, and Contract Manufacturing Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Educational toys are designed for children's learning development.
Communication devices are produced for personal and business use.
Manufacturing services are provided for various electronic products.
Funding Insights of VTech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 VTech
VTech has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include LeapFrog and Snom. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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IP-based telephony devices and solutions are manufactured and designed.
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1996 | ||||
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Educational and entertainment products for children are created and offered.
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1995 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - VTech
| 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 |
Vtech Comparisons
Competitors of VTech
VTech 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 Flex, Huaqin, Shanghai Laimu Electronics, SMD Technologies and Ninestar, 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 |
Designer and producer of intelligent products, automotive electronics manufacturing, and logistics services
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| domain | founded_year | HQ Location |
Smart hardware and vehicle electronics are manufactured on contract.
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| domain | founded_year | HQ Location |
Precision electronic components are manufactured on a contract basis.
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| domain | founded_year | HQ Location |
Provides consumer electronics, audio products, and accessories for retailers and individuals.
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| domain | founded_year | HQ Location |
Laser printers are manufactured on a contract basis by Ninestar.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Vtech
Frequently Asked Questions about VTech
When was VTech founded?
VTech was founded in 1976.
Where is VTech located?
VTech is headquartered in Hong Kong, China.
How many employees does VTech have?
As of Mar 31, 2024, the latest employee count at VTech is 20,000.
What is the annual revenue of VTech?
Annual revenue of VTech is $2.19B as on Mar 31, 2024.
What does VTech do?
VTech is involved in the design and production of electronic learning products, telecommunication devices, and contract manufacturing services. The company operates in the consumer electronics sector, offering solutions for educational toys and communication needs. Its products are distributed globally, targeting both individual consumers and businesses. Additionally, sustainability and corporate governance are emphasized in its operations.
Who are the top competitors of VTech?
VTech's top competitors include Flex, Huaqin and Shenzhen United Time Technology.
What products or services does VTech offer?
VTech offers Electronic Learning Products, Telecommunication Products, and Contract Manufacturing Services.
Is VTech publicly traded?
Yes, VTech is publicly traded on HKEX under the ticker symbol 303.
What is VTech's ticker symbol?
The ticker symbol of VTech is 303 on HKEX.
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