About Wangfujing Group
Wangfujing Group is a company based in Beijing (China) founded in 1955.. The company has 9,790 employees as of December 31, 2024. Wangfujing Group has completed 1 acquisition, including Mafengwo. Wangfujing Group offers products and services including Department Stores and Online Retail Platforms.
- Headquarter Beijing, China
- Employees 9790 as on 31 Dec, 2024
- Stage Public
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
- Legal Name Wangfujing Group Co., Ltd. Class A
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Annual Revenue
$1.5 B (USD)-7.75as on Dec 31, 2024
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Net Profit
$36.79 M (USD)-62.14as on Dec 31, 2024
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EBITDA
$394.55 M (USD)-13.15as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
9790
as on Dec 31, 2024
- Investments & Acquisitions
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IPO & Listings of Wangfujing Group
Wangfujing Group is a publicly listed company on the SSE with ticker symbol 600859 in China, operating in the Retail trade 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 Wangfujing Group
Wangfujing Group offers a comprehensive portfolio of products and services, including Department Stores and Online Retail Platforms. 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.
Department stores are operated to provide a range of consumer goods and services across various locations.
Online retail platforms are utilized to offer integrated shopping experiences that combine digital and physical retail elements.
Funding Insights of Wangfujing Group
| 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 Wangfujing Group
Wangfujing Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Mafengwo. 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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User-generated travel reviews and guides are shared online.
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Wangfujing Group
| 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 |
Wangfujing Group Comparisons
Competitors of Wangfujing Group
| 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 Wangfujing Group
Frequently Asked Questions about Wangfujing Group
When was Wangfujing Group founded?
Wangfujing Group was founded in 1955.
Where is Wangfujing Group located?
Wangfujing Group is headquartered in Beijing, China.
How many employees does Wangfujing Group have?
As of Dec 31, 2024, the latest employee count at Wangfujing Group is 9,790.
What is the annual revenue of Wangfujing Group?
Annual revenue of Wangfujing Group is $1.5B as on Dec 31, 2024.
What does Wangfujing Group do?
Wangfujing Group was established in 1955 in Beijing, China, within the retail sector. Department stores are managed across various locations, focusing on general merchandise sales. Operations include product distribution, customer service, and store management. The chain serves urban consumers with everyday goods and apparel. Headquarters remain in Beijing, supporting nationwide retail activities.
What products or services does Wangfujing Group offer?
Wangfujing Group offers Department Stores and Online Retail Platforms.
Is Wangfujing Group publicly traded?
Yes, Wangfujing Group is publicly traded on SSE under the ticker symbol 600859.
How many acquisitions has Wangfujing Group made?
Wangfujing Group has made 1 acquisition, including Mafengwo.
What is Wangfujing Group's ticker symbol?
The ticker symbol of Wangfujing Group is 600859 on SSE.
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