Ztore

Hong Kong, China Founded: 2015 • Age: 11 yrs Acquired By TVB
Online grocery retailer
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About Ztore

Ztore is a company based in Hong Kong (China) founded in 2015 was acquired by TVB in August 2021.. Ztore has raised $8 million across 1 funding round from investors including TVB, Weiguang Ventures and Kwai Hung Group. Ztore operates in a competitive market with competitors including Deliveroo, Womai, Dingdong Maicai, Benlai and Missfresh, among others.

  • Headquarter Hong Kong, China
  • Sectors
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $8 M (USD)

    in 1 rounds

  • Latest Funding Round
    $8 M (USD), Series B

    Oct 15, 2018

  • Investors
    TVB

    & 2 more

  • Employee Count
    Employee Count
  • Acquired by
    TVB

    (Aug 20, 2021)

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People of Ztore
Headcount 50-200
Employee Profiles 4
Employee Profiles
People
Oscar Or
IT Manager
People
Justin Kwok
VP, Information Technology
People
Danny Shum
CEO / Co-founder

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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
  • Total Rounds 1
  • Last Round Series B — $8.0M
  • First Round

    (15 Oct 2018)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2018 Amount Series B - Ztore Valuation Weiguang Ventures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments are made by Weiguang Ventures in early-stage startups.
Founded Year Domain Location
Limited information is provided about Kwai Hung Group's activities.
Founded Year Domain Location
Television content is provided by TVB to viewers.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Ztore

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Ztore

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Ztore Comparisons

Employees
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Competitors of Ztore

Ztore 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 Deliveroo, Womai, Dingdong Maicai, Benlai and Missfresh, 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
Platform offering food and grocery delivery services
domain founded_year HQ Location
Imported groceries are retailed online by Womai to Chinese consumers.
domain founded_year HQ Location
Online retailer of grocery products
domain founded_year HQ Location
Premium groceries are ordered through an online platform.
domain founded_year HQ Location
Multi-category grocery products are delivered through an app-based platform.
domain founded_year HQ Location
Grocery supplies are retailed online by Yiguo.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Ztore

Frequently Asked Questions about Ztore

When was Ztore founded?

Ztore was founded in 2015 and raised its 1st funding round 3 years after it was founded.

Where is Ztore located?

Ztore is headquartered in Hong Kong, China.

Is Ztore a funded company?

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 15, 2018.

What does Ztore do?

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.

Who are the top competitors of Ztore?

Ztore's top competitors include Deliveroo, Dingdong Maicai and Missfresh.

Who are Ztore's investors?

Ztore has 3 investors. Key investors include TVB, Weiguang Ventures, and Kwai Hung Group.

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