# Beijing Ubox Science & Trading Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/beijing-ubox-science-trading-co

- Industry: Retail
- Headquarters: Beijing, China
- Website: www.ubox.cn
- Latest round: Series B (Jun 19, 2015)
- Investors on record: 6

## About

Founded in 2011 and based in Beijing, China, Beijing Ubox Science & Trading Co., Ltd. is a retail company that provides vending machines. The first overseas convenience store opened in Singapore in August 2016. It launched self-service coffee machines in August 2017. In November 2023, it was listed on the Hong Kong Stock Exchange with stock code 2429. In October 2023, Beijing Ubox Science & Trading Co., Ltd. raised HKD 115.54 million in pre-IPO funding from new investors SenseTime Group Limited, Shenzhen Pindao Catering Management Co., Ltd, Maliujia Network Technology Co., Ltd, and another individual investor. As of 2023, it has been deployed in over 300 cities and operated over 100,000 intelligent retail terminals.

The company is committed to providing a digital marketing platform for businesses, a shopping platform for consumers to shop online and collect their purchases at vending machine outlets, and a mobile application that allows users to sing. The products include vending machines, convenience cabinets, Youchang KTV, etc. It also offers agency operation services such as equipment management, supply chain distribution, and data analysis for franchise customers.

In 2022, the company's operating profit was CNY -243.67 million and net profit was CNY -283.069 million.

The company will use the funds to expand the market in schools, factories, restaurants, offices, public places, and other consumption scenarios in the Chinese Mainland, enhance warehousing and inventory management capabilities by building and upgrading warehousing and logistics systems, and enhance operational systems and vending machine technology.

## Funding rounds

- Series B, Jun 19, 2015 — Hina Group, NLVC, Huazhu
- Series B, Jun 3, 2012 — Hina Group, YF Capital
- Series A, Dec 1, 2011 — Hina Group, Guosen H&S, FengHe Group

## Investors

- Hina Group (https://capitalatlas.ai/funds/hina-group) — Series A, Series B
- Guosen H&S (https://capitalatlas.ai/funds/guosen-h-s) — Series A
- FengHe Group — Series A
- YF Capital (https://capitalatlas.ai/funds/yf-capital) — Series B
- NLVC (https://capitalatlas.ai/funds/nlvc) — Series B
- Huazhu — Series B