Tubatu.com is a third-party platform for customers, decoration companies, designers and construction material providers. To8to also offers offline construction supervision, and 'ZhuangXiuBao,' a product in the form of escrow funding that protects consumers' rights and ensures quality renovations.
Missing: Tubatu.com's Product Demo & Case Studies
Promote your product offering to tech buyers.
Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.
Missing: Tubatu.com's Product & Differentiators
Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).
Expert Collections containing Tubatu.com
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Tubatu.com is included in 1 Expert Collection, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
Latest Tubatu.com News
Jul 19, 2022
(Yicai Global) July 19 -- Chinese home renovation platform Tubatu.com is retracting its initial public offering application on the Shenzhen stock exchange’s Nasdaq-style ChiNext Board after getting cold feet on reconsidering the wider business environment. Tubatu, which had been hoping to raise as much as CNY704 million (USD104 million), applied to withdraw its IPO application on July 11, the Shenzhen bourse said yesterday. The withdrawal is based on a thorough consideration of the overall market environment and other factors, and the company may restart the listing plan when appropriate, cofounder Wang Guochun said on China’s Twitter-like social media platform Weibo. Tubatu’s road to going public has not been smooth and the application at the Shenzhen bourse was halted three other times since it was submitted in June 2021, either due to financial data expiring or its underwriter being probed by the securities regulator. Each time the review was resumed, only for the firm to finally back out this month. Other interior décor firms have had better luck in going public. Ezviz Network and Arrow Home were both given the greenlight last month. And upholstery company Derucci Healthy Sleep has recently successfully listed. Tubatu logged an 18.7 percent slump in net profit from the year before to CNY70.3 million (USD10.4 million), according to its annual report. Earnings per share tumbled 18.7 percent over the period to CNY0.39 (USD0.06). But its assets swelled 10.7 percent to CNY753 million (USD111.7 million). Set up in July 2008, the interior decoration company is owned by Wang Guobin who holds 49 percent equity. Editors: Shi Yi, Kim Taylor Follow Yicai Global on
Tubatu.com Web Traffic
Tubatu.com Frequently Asked Questions (FAQ)
Where is Tubatu.com's headquarters?
Tubatu.com's headquarters is located at BAK Technology Building, 10th Floor, 1001-A, Shenzhen.
What is Tubatu.com's latest funding round?
Tubatu.com's latest funding round is Series C.
How much did Tubatu.com raise?
Tubatu.com raised a total of $216.48M.
Who are the investors of Tubatu.com?
Investors of Tubatu.com include Matrix Partners China, Sequoia Capital China and 58.com.
Who are Tubatu.com's competitors?
Competitors of Tubatu.com include 51hejia.com and 1 more.
Compare Tubatu.com to Competitors
Tencent Cloud provides cloud computing services for enterprises and developers, covering cloud servers, cloud databases, cloud storage, video and CDN, domain name registration, and other comprehensive cloud services and solutions for various industries.
51hejia.com is an internet home improvement platform focusing on decoration, building materials and home with global classic and fashionable home design style.
Juen Technology is a financial technology service platform. The company focuses on the risk control management of the evidence chain of decoration loan installments and the in-depth precision marketing of the home improvement ecosystem. It also provides domestic banks with credit risk assessments for home improvement installments and management services. Its main services include marketing systems, survey systems, and wind control systems. It was founded in 2019 and is based in Yubei District, China.
Baidu (NASDAQ:BIDU) is a Chinese search engine that focuses on Chinese language search. The company also provides users with many channels and products, such as discussion forums, news, map, translation service, Baidu academics, music, cloud storage, mobile applications, and more.
Jia.com (HK: 01739) is a Shanghai-based home furnishing e-commerce platform.
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.