About Ztore
Ztore is a Retail company based in Hong Kong (China) founded in 2015, and was acquired by TVB in August 2021. Online grocery retailer. Ztore has raised $8 million across 1 funding round from investors including TVB, Weiguang Ventures and Kwai Hung Group. Its focus areas include Food and Agriculture Tech, Online Grocery, B2C Ecommerce and Multi Category. Its competitors include Womai, Dingdong Maicai and Benlai; 3 of its 3 listed competitors have raised funding.
Company details
Ztore was founded in 2015 as an online grocery retailer based in Hong Kong, China. Operations focus on e-commerce sales of groceries with delivery available across Hong Kong Island, Kowloon, and the New Territories. Free delivery is provided for orders exceeding HK500, supporting regional household needs through a dedicated platform at ztore.com.
Funding Insights of Ztore
Ztore has successfully raised a total of $8M through 1 strategic funding round. The most recent funding activity was a Series B round of $8 million completed in October 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.
- Total Funding $8M
- Total Rounds 1
- Last Round Series B — $8M
- First Round $8M
(Oct 2018)
- Investors Count 2
All 1 funding rounds of Ztore with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2018 | $8M | Series B | – | Weiguang Ventures |
3 investors in total: 3 institutional.
Investors in Ztore
Ztore has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include TVB, Weiguang Ventures and Kwai Hung Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are made by Weiguang Ventures in early-stage startups. | welightcapital.com | Shenzhen, China | ||
Limited information is provided about Kwai Hung Group's activities. | kwaihung.com.hk | |||
Television content is provided by TVB to viewers. | 1967 | tvb.com | Hong Kong, China |
Investor details for Ztore
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Ztore
4 people are tracked at Ztore (2 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Justin Kwok | VP, Information Technology | Leadership |
Danny Shum | CEO / Co-founder | Leadership |
Oscar Or | IT Manager | Team |
Brian Kong | IT Manager | Team |
Complete people profiles for Ztore
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Timeline of Ztore
3 dated milestones of Ztore across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Ztore is founded.
- Funding First funding round of $8.0M.
- Exit Acquired by TVB.
Competitors of Ztore
Ztore has 3 listed competitors in our database, 3 of them funded. They include Womai, Dingdong Maicai and Benlai.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| womai.com | 2009 | Beijing, China | $330M | Imported groceries are retailed online by Womai to Chinese consumers. | ||
| 100.me | 2017 | Shanghai, China | $1.33B | Online retailer of grocery products | ||
| benlai.com | 2012 | Beijing, China | $317M | Premium groceries are ordered through an online platform. |
Detailed competitors of Ztore
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Web traffic of Ztore
The website of Ztore (ztore.com) receives about 2.4K visits a month.
- Monthly visits2.4K
▼ 24.2% vs previous month
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Related news about Ztore
Complete news archive for Ztore
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Frequently Asked Questions about Ztore
Ztore was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Ztore is headquartered in Hong Kong, China.
Ztore is a funded company, having raised a total of $8M across 1 funding round to date. The company's 1st funding round was a Series B of $8M, raised on Oct 2018.
Ztore was founded in 2015 as an online grocery retailer based in Hong Kong, China. Operations focus on e-commerce sales of groceries with delivery available across Hong Kong Island, Kowloon, and the New Territories. Free delivery is provided for orders exceeding HK500, supporting regional household needs through a dedicated platform at ztore.com.
Ztore's top competitors include Dingdong Maicai, Benlai and Womai.
Ztore has 3 investors. Key investors include TVB, Weiguang Ventures, and Kwai Hung Group.
Yes. Ztore was acquired by TVB in August 2021.