BingoBox - About the company
BingoBox is a series B company based in Zhongshan (China), founded in 2017 by Benny Lin. It operates as an Operator of smart retail stores. BingoBox has raised $94.8M in funding from Fosun and Granite Asia. The company has 20 active competitors, including 11 funded and 1 that has exited. Its top competitors include companies like Itab, Beijing Freebee Electronic Commerce and TOUCH TO GO.
Company Details
Operator of smart retail stores. Its store has features like automated payments, order & inventory management, reporting & analytics, and more. It includes security measures such as an intelligent anti-theft system, cloud video storage facility, recovery of unpaid goods, and more. The registered users can enter the store by scanning the QR code, then purchase and pay for the products through the app at checkout.
- Website
- www.bingobox.com
- Phone Number
- +86 **********
Key Metrics
Founded Year
2017
Location
Zhongshan, China
Stage
Series B
Total Funding
$94.8M in 2 rounds
Latest Funding Round
Ranked
4th among 20 active competitors
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BingoBox's funding and investors
BingoBox has raised a total funding of $94.8M over 2 rounds. Its first funding round was on Jul 03, 2017. Its latest funding round was a Series B round on Jan 17, 2018 for $*****. 5 investors participated in its latest round. BingoBox has 6 institutional investors.
Here is the list of recent funding rounds of BingoBox:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 17, 2018 | 1753389 | Series B | 8306097 | 5999992 | 1086680 | 1600538 |
Jul 03, 2017 | 7201215 | Series A | 6605010 | 8195627 |
View details of BingoBox's funding rounds and investors
BingoBox's founders and board of directors
Founder? Claim ProfileHere are the details of BingoBox's key team members:
- Benny Lin: Founder & CEO of BingoBox.
View details of BingoBox's Founder profiles and Board Members
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BingoBox's Competitors and alternates
Top competitors of BingoBox include Itab, Beijing Freebee Electronic Commerce and TOUCH TO GO. Here is the list of Top 10 competitors of BingoBox, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Manufacturer of retail interior fixtures lighting technology and service systems | - | 61/100 | ||
2nd | Beijing Freebee Electronic Commerce 2016, Chaoyang (China), Series C | Provider of self check-out solutions for retail stores | $1.5B | 44/100 | |
3rd | TOUCH TO GO 2019, Minato City (Japan), Seed | Platform offering self-automated convenience stores | - | 42/100 | |
4th | Operator of smart retail stores | $94.8M | 40/100 | ||
5th | Beijing Xiaoyi Home E-Commerce 2015, Beijing (China), Series B | Provider of checkout-free convenience stores | $30.2M | 40/100 | |
6th | Checkout-free smart convenience store | $14.5M | 37/100 | ||
7th | Provider of smart shopping carts solution for offline stores | $2.82M | 37/100 | ||
8th | Oh Plus Network Technology 2017, Shanghai (China), Deadpooled | Checkout-free convenience store and snack bar | $72.4M | 37/100 | |
9th | Guangdong Jingcai Industrial Group 2018, Shenzhen (China), Series A | Provider of the chain of offline semi-autonomous grocery stores | $7.18M | 35/100 | |
10th | Ushi Retail 2018, Beijing (China), Series B | Online platform offering self-driving delivery robots | - | 35/100 |
Looking for more details on BingoBox's competitors? Click here to see the top ones
BingoBox's Investments and acquisitions
BingoBox has made no investments or acquisitions yet.
Reports related to BingoBox
Here is the latest report on BingoBox's sector:
News related to BingoBox
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This new retail startup is dubbed China’s Amazon Go, but with a key differenceTech in Asia•Aug 30, 2018•BingoBox
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Fosun helps place $80m in BingoBox Global Corporate Venturing•Jan 17, 2018•Bingobox, BingoBox, Prometheus Capital, Qiming Venture Partners and 4 others
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