About Zongteng Group
Zongteng Group is a company based in China founded in 2007. It operates as a Managed Services, and Subscription Services. Zongteng Group has raised $189.97 million across 4 funding rounds from investors including Taikang Insurance Group, Xiamen C&D Metals and ProLogis. Zongteng Group offers products and services including Gucang Overseas Warehouse, Yuntu Commercial Line, Yuntu Cross-Border Express, and End-to-End Supply Chain.
- Headquarter Guangdong, China
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$189.97 M (USD)
in 4 rounds
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Latest Funding Round
$70.7 M (USD), Series C
Jul 06, 2020
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Investors
Taikang Insurance Group
& 5 more
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Employee Count
Employee Count
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Products & Services of Zongteng Group
Zongteng Group offers a comprehensive portfolio of products and services, including Gucang Overseas Warehouse, Yuntu Commercial Line, Yuntu Cross-Border Express, and End-to-End Supply Chain. 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.
Overseas warehousing solutions are provided for ecommerce fulfillment.
Dedicated logistics lines are offered for cross-border shipping.
Express delivery services are provided for ecommerce platforms.
Comprehensive supply chain solutions are delivered for clients.
Funding Insights of Zongteng Group
Zongteng Group has successfully raised a total of $189.97M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $70.7 million completed in July 2020. 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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series C — $70.7M
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First Round
First Round
(01 Jun 2018)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2020 | Amount | Series C - Zongteng Group | Valuation | Taikang Insurance Group | |
| Jun, 2019 | Amount | Series B - Zongteng Group | Valuation |
investors |
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| Mar, 2019 | Amount | Series B - Zongteng Group | Valuation | ProLogis |
| 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 |
Investors in Zongteng Group
Zongteng Group has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Taikang Insurance Group, Xiamen C&D Metals and ProLogis. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Cathay Capital is engaged in global investment and transformation.
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Founded Year | Domain | Location | |
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Equity investment management is provided by Zhejiang Venture Capital.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Zongteng Group
| 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 - Zongteng 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 |
Zongteng Group Comparisons
Competitors of Zongteng 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 Zongteng Group
Frequently Asked Questions about Zongteng Group
When was Zongteng Group founded?
Zongteng Group was founded in 2007 and raised its 1st funding round 11 years after it was founded.
Where is Zongteng Group located?
Zongteng Group is headquartered in China. It is registered at Guangdong, China.
Is Zongteng Group a funded company?
Zongteng Group is a funded company, having raised a total of $189.97M across 4 funding rounds to date. The company's 1st funding round was a Series B of $104.37M, raised on Jun 01, 2018.
What does Zongteng Group do?
Zongteng Group is recognized as a global cross-border ecommerce infrastructure service provider. Services are focused on cross-border warehousing and logistics, offering professional integrated solutions. Coverage includes regions like North America, Europe, Asia, and beyond. Solutions such as overseas warehousing, dedicated logistics lines, express delivery, and end-to-end supply chain management are delivered. Industry-specific solutions for sectors like furniture, electronics, apparel, and renewable energy storage are also provided. Technology-driven innovations, including AI and automation, are integrated to enhance logistics efficiency and sustainability.
What products or services does Zongteng Group offer?
Zongteng Group offers Gucang Overseas Warehouse, Yuntu Commercial Line, Yuntu Cross-Border Express, and End-to-End Supply Chain.
Who are Zongteng Group's investors?
Zongteng Group has 6 investors. Key investors include Taikang Insurance Group, Xiamen C&D Metals, ProLogis, Bell Capital, and Cathay Capital.