# BYBON Group Company

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bybon-group-company

- Industry: Consumer Services
- Headquarters: Beijing, China
- Website: www.bybon.com
- Total disclosed funding: $4.6M
- Latest round: Series A (May 1, 2011)
- Investors on record: 2

## About

BYBON Group Company Limited operates as an authorized Apple service provider, focusing on the repair and maintenance of Apple products, including warranty services and customer support.Founded in 2007, BYBON Group Company Limited is based in Beijing, China. The company specializes in providing repair and maintenance services for Apple products, serving both individual customers and small to medium-sized businesses. The CEO, Tiefeng Liu, has a history of leadership in the technology service industry. In January 2018, BYBON raised CNY 260.41 million in an IPO, selling 13.58 million shares on the Shenzhen Stock Exchange. This round marks the total amount raised by the company, which has completed three deals since its inception.BYBON Group Company Limited operates as an authorized Apple service provider, specializing in the repair and maintenance of Apple products. The core offerings include warranty services, free repair appointments, and various support activities aimed at enhancing customer satisfaction. The company addresses common user issues such as device malfunctions and software troubleshooting. Its clientele primarily consists of individual customers and small to medium-sized businesses relying on Apple devices for personal and professional use, targeting urban centers in regions including China and Japan.In 2021, BYBON Group Company Limited generated a revenue of CNY 48,367,196.5, with an EBITDA amount of CNY 1,682,846.8. The revenue model relies on service fees and partnerships with Apple, structured primarily through direct-to-consumer interactions for repair appointments and in-store services. The company focuses on competitive pricing for warranty and out-of-warranty services, ensuring customer trust through certified repairs that meet Apple's quality standards.BYBON Group Company Limited plans to leverage its recent IPO funding of CNY 260.41 million, raised in January 2018, to enhance service capabilities and expand into new geographic markets. The company aims to design and launch new repair services catering to the latest Apple product lines by late 2023. Additionally, plans are underway to broaden its market reach into major urban centers across Asia, targeting expansion in cities experiencing significant growth in Apple device usage by 2024.

## Funding rounds

- Series A, May 1, 2011, $4.6M — Delta Capital, Leaguer Group

## Investors

- Delta Capital (https://capitalatlas.ai/funds/delta-capital) — Series A
- Leaguer Group (https://capitalatlas.ai/funds/leaguer-group) — Series A