Xingxing Mobility

Seoul, South Korea Founded: 2019 • Age: 7 yrs
App-based platform offering electric kick scooter and bicycle rental services
Annual revenue $10.3M Latest available
Total funding $15.6M 1 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products - Services tracked
Competitors 3 Brand Intelligence

About Xingxing Mobility

Xingxing Mobility is a company based in Seoul (South Korea) founded in 2019. Xingxing Mobility has raised $15.61 million across 1 funding round from investors including Shinhan Financial Group, KB Investment and KICC. Xingxing Mobility operates in a competitive market with competitors including TIER and Carre Mobility, among others.

  • Headquarter Seoul, South Korea
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Pmp Co., Ltd.
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Road Transportation & Transit Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $10.28 M (USD)
    5
    as on Dec 31, 2021
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $15.61 M (USD)

    in 1 rounds

  • Latest Funding Round
    $15.61 M (USD), Series B

    Dec 26, 2022

  • Investors
  • Employee Count
    Not available
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Funding Insights of Xingxing Mobility

Xingxing Mobility has successfully raised a total of $15.61M through 1 strategic funding round. The most recent funding activity was a Series B round of $15.61 million completed in December 2022. 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 Xingxing Mobility

Xingxing Mobility has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Shinhan Financial Group, KB Investment and KICC.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Financial group
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A South Korean conglomerate, SK Inc. is engaged in advanced materials, biotechnology, and digital solutions.
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Venture capital fund investing in early-stage tech startups
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Investor details for Xingxing Mobility

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Investments & Acquisitions by Xingxing Mobility

Investments
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Investment portfolio details for Xingxing Mobility

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Financial Statements - Xingxing Mobility

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Detailed financials for Xingxing Mobility

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Xingxing Mobility Comparisons

Xingxing Mobility Primary company
Description
App-based platform offering electric kick scooter and bicycl...
Location
Seoul, South Korea
Founded Year
2019
Annual Revenue
$10.28 M (USD)
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Xingxing Mobility

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Competitors of Xingxing Mobility

Xingxing Mobility 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 TIER and Carre Mobility, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Electric kick-scooters are rented through a mobile app platform.
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Multi-category self-driven vehicle rentals and car-pooling are provided online.
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Detailed competitors of Xingxing Mobility

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Latest news on Xingxing Mobility

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Complete news archive for Xingxing Mobility

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Frequently Asked Questions about Xingxing Mobility

Xingxing Mobility was founded in 2019 and raised its 1st funding round 3 years after it was founded.

Xingxing Mobility is headquartered in Seoul, South Korea.

Xingxing Mobility is a funded company, having raised a total of $15.61M across 1 funding round to date.

Annual revenue of Xingxing Mobility is $10.28M as on Dec 31, 2021.

Xingxing Mobility was founded in 2019 in Seoul, South Korea, within the urban mobility sector. Electric kick scooters and bicycles are offered for rental via a mobile application available on Android and iOS. Users locate, book, unlock vehicles using QR codes, and complete payments online. Vehicles must be returned to designated parking areas at the end of rides. Operations focus on seamless urban transportation access.

Xingxing Mobility's top competitors include TIER and Carre Mobility.

Xingxing Mobility has 5 investors. Key investors include Shinhan Financial Group, KB Investment, KICC, T S Investment, and SK Inc.

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