Where is Redmagic located?

Redmagic is headquartered in Shenzhen, China.

Is Redmagic a funded company?

Redmagic is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does Redmagic rank among its competitors?

Redmagic ranks 12th amongst 36 active competitors, of which 4 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Nothing, which secured $8M in Dec, 2025.

Who are the top competitors of Redmagic?

Redmagic's top competitors include Xiaomi, Nothing and Meizu. Among them, Nothing secured the most recent funding round in December, 2025.

Redmagic - 2026 Company Profile & Competitors

Company Details

Internet first brand offering multi-category consumer electronic products. The product catalog includes smartphones, monitors, mouse, keyboards, and mobile accessories like screen guards, chargers, cables, coolers, cases, and more.

Website: redmagic.gg
Social

Key Metrics

Founded Year

2017

Location

Shenzhen, China

Stage

Deadpooled

Ranked

12^th among 36 active competitors

Similar Companies

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View Redmagic's full profile

Redmagic has not raised any funding rounds yet.

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Top competitors of Redmagic include Xiaomi, Nothing and Meizu. Here is the list of Top 10 competitors of Redmagic, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Xiaomi 2010, Beijing (China), Public	Onlien brand offering consumer electronics, home appliances, and lifestyle products	$1.45B	Morningside, DST Global & 33 others	77/100
2nd	Nothing 2020, London (United Kingdom), Series C	Manufacturer of mobile phones, headphones, watches, and related accessories	$450M	Google Ventures, Tiger Global Management ... & 31 others	66/100
3rd	Meizu 2003, Zhuhai (China), Acquired	Online retailer of smartphones, eyewear, audio products, and related accessories	$958M	Alibaba Group, Zhizhuo Capital & 1 others	66/100
4th	Nubia 2012, Shenzhen (China), Late Stage	Online retailer of smartphones, tablets, accessories, and related products	$297M	Suning.com	65/100
5th	Partron 2003, Hwaseong (South Korea), Public	Internet-first brand offering smart electronic devices	-	Hanwha Investment, SBI Investment Korea	50/100
6th	Hollyland 2013, Shenzhen (China), Unfunded	Provider of wireless audio and video transmission and intercom solutions for various video production	-	-	43/100
7th	PITAKA 2014, Hong Kong (China), Unfunded	Internet-first brand offering multi-category electronic products	-	-	41/100
8th	JSAUX 2016, Shenzhen (China), Unfunded	Internet first brand offering electronic accessories	-	-	40/100
9th	zdeer 2014, Wuhan (China), Series B	Manufacturer of electric oral care and personal wellness devices	$15.3M	Cowin Capital, Country Garden Ventures Capital ... & 6 others	39/100
10th	TORRAS 2012, Shenzhen (China), Unfunded	Internet-first brand offering multi-category electronic products	-	-	38/100
12th	Redmagic 2017, Shenzhen (China), Deadpooled	Internet first brand offering multi-category consumer electronic products	-	-	35/100