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- Easyhome
Easyhome Revenue, Valuation, Funding & Investors
Easyhome is valued at $5.3B as of February 2018, a 5.2x revenue multiple. Easyhome revenue was $1B, as disclosed with its latest round.
Last Easyhome valuation
$5.3B
Undisclosed stage · Feb 2018
Last Easyhome funding round
$2.1B
Undisclosed stage · Feb 2018
Easyhome revenue
$1B
Undisclosed stage · Feb 2018
Key investors in Easyhome
Alibaba Group
YF Capital
Harvest Capital
Taikang Insurance Group
Jason Furniture
About Easyhome
Easyhome is a Beijing-headquartered chain operator of home furnishing and DIY improvement stores throughout China. It runs outlets across 29 provinces, positioning itself as the second-largest entity in the home decoration retail market with comprehensive furniture and renovation services.
Founded
1990
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Product sales
Revenue
$1B (Feb 2018)
Valuation
$5.3B (Feb 2018)
Sectors
Easyhome Valuation
Easyhome is currently valued at $5.3B, based on its undisclosed-stage round in February 2018.
The $2.1B round was led by Alibaba Group and Jason Furniture, with participation from YF Capital, Taikang Insurance Group and Harvest Capital.
Easyhome valuation by funding round
| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Feb 2018 | Undisclosed stage | $5.3B | 5.2x |
Easyhome Revenue
Easyhome's latest recorded revenue is $1B, as of its undisclosed-stage round in February 2018. At a $5.3B valuation, that implies a 5.2x revenue multiple.
Easyhome revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Feb 2018 | $1B | $5.3B | 5.2x | Undisclosed stage |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Easyhome Funding History
Easyhome has raised a total of $2.1B across 1 funding round.
Easyhome funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Feb 2018 | Undisclosed stage | Alibaba Group (lead); Jason Furniture (lead); YF Capital; Taikang Insurance Group; Harvest Capital | $2.1B | $5.3B | Beijing Easyhome Furnishing Chain Store Group (Easyhome Furnishing New Retail Chain Store Group) operates over 220 home furnishing stores across 29 provinces in China, offering home decor, improvement supplies, building materials, and design services. It is China's second-largest chain in the sector. In February 2018, sixteen investors including Alibaba Group (lead), Harvest Capital, Taikang Insurance Group, and others invested CNY13 billion for 36% of the new retail unit, with Alibaba acquiring a 15% stake for RMB5.45 billion (~USD867 million), implying a post-money valuation around CNY36.3 billion based on later listing references. The company's revenue reached CNY7 billion cumulatively from October 2015 to October 2018, reflecting 19% growth in the period leading up to and including the round timeframe. Easyhome Investment Holdings owns 42% post-round, with Alibaba at 9.6%. In January 2020, it pursued a backdoor listing valuing the unit at CNY36.3-38.3 billion (USD5.3-5.6 billion). |
Who has invested in Easyhome?
5 investors have backed Easyhome across its funding rounds, including Alibaba Group, YF Capital, Harvest Capital, Taikang Insurance Group and Jason Furniture.
Lead investors include Alibaba Group and Jason Furniture.
Easyhome Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | Feb 2018 | ||
| 1 | Lead | Feb 2018 | ||
| 1 | Participant | Feb 2018 | ||
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by Easyhome
Easyhome has acquired 1 company to date.
Last acquisition by Easyhome was on December 24th 2019. Easyhome acquired Easyhome New Retail Group for $5B.
Latest Acquisitions by Easyhome
| Description | Easyhome New Retail Group Co Ltd, formerly Wuhan Zhongnan Commercial Group Co Ltd is a China-based commercial and retailing company. It is mainly engaged in commercial property development, shopping mall decoration, and e-commerce business. The company owns department stores, shopping mall, cheap supermarkets, hypermarkets and retail store with China Merchants Plaza Shopping Center, China Merchants Xudong Cheap Price Plaza and Wuhan Pinpin. The firm is also engaged in shop leasing and project development business. |
| HQ Country | |
| HQ City | Wuhan |
| Deal Date | 24 Dec 2019 |
| Valuation | $5B |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Easyhome acquisitions and their M&A valuation multiples. Start Free Trial | |
Investments by Easyhome
Easyhome has invested in 2 companies to date.
Latest investment by Easyhome was on February 1st 2018. Easyhome invested in Keeson Technology Corp in their $32M Strategic investment round.
Latest Investments by Easyhome
| Description | Keeson Technology Corp Ltd is a multinational company specializing in the development, manufacture and sale of smart bedroom furniture and dedicated to healthy sleep intelligence technology and big data applications. The company's main products are smart electric beds and their supporting products. The products are exported to the United States, Canada, Australia, Russia, Japan and other countries. | BLUE MORNING is a Shanghai-based supplier of home furnishings and interior design products including sofas, beds, and lighting fixtures. The company operates showrooms in major Chinese cities and exports to Southeast Asia. Featuring solid wood and fabric collections, it sources from Guangdong factories. Established in 2005, BLUE MORNING serves residential and hospitality projects with annual revenue exceeding 100 million CNY. |
| HQ Country | ||
| HQ City | Jiaxing | Beijing |
| Deal Date | 1 Feb 2018 | 29 Jun 2016 |
| Round | Strategic investment | Angel |
| Raised | $32M | $500K |
| Investors | Red Star Macalline Group; Share Capital; Oppein Home Group | - |
| Valuation | undisclosed | undisclosed |
| EV/Revenue | ||
| EV/EBITDA | ||
This data is available for Pro users. Sign up to see all Easyhome investments and their VC round multiples. Start Free Trial | ||
Easyhome Competitors
Easyhome competitors include listed companies like Floor & Décor, Central Garden & Pet, USS Co. and GS Holdings, and private ones like Fabindia and European Outlet Mall Venture.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $4.7B | $511M | $5.3B | 1.4x | ||
| Publicly listed | $3.1B | $334M | $2.6B | 1.0x | ||
| Private | - | - | $650M | - | ||
| Publicly listed | $720M | $418M | $5.2B | 6.3x | ||
| Publicly listed | $19B | $2.7B | $5.3B | 0.7x | ||
| Private | - | - | $3B | - |
Easyhome Public Comps
Easyhome is still privately-owned, but its public comps include USS Co., Floor & Décor, GS Holdings, Jarir, ABC-Mart, Rush Enterprises, TOTO, Frasers Group, Sonae and Fortune Brands.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $720M | $418M | 6.6x | 6.3x | 11.4x | 11.1x | |||
| $4.7B | $511M | 1.5x | 1.4x | 13.6x | 12.8x | |||
| $19B | $2.7B | 0.7x | 0.7x | 5.0x | 3.5x | |||
| $3B | $350M | 1.8x | 1.7x | 15.9x | 15.0x | |||
| $2.4B | $452M | 1.5x | 1.5x | 8.1x | 7.9x | |||
| $7.4B | $645M | 0.9x | 0.9x | 10.5x | 10.4x | |||
| $4.7B | $587M | 1.1x | 1.0x | 8.6x | 8.5x | |||
| $7.1B | $1.4B | 1.2x | 1.2x | 6.2x | 6.8x | |||
This data is available for Pro users. Sign up to see all Easyhome competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Easyhome
| When was Easyhome founded? | Easyhome was founded in 1990. |
| Where is Easyhome headquartered? | Easyhome is headquartered in Beijing, China. |
| Is Easyhome publicly listed? | No, Easyhome is a private, VC-backed company. |
| What is Easyhome's valuation? | Easyhome was last valued at $5.3B in its undisclosed-stage round in February 2018. |
| How much funding has Easyhome raised? | Easyhome has raised $2.1B across 1 funding round. |
| What was Easyhome's last funding round? | Easyhome's last funding round was a $2.1B undisclosed-stage round in February 2018, led by Alibaba Group and Jason Furniture. |
| Who are Easyhome's investors? | Easyhome's investors include YF Capital, Jason Furniture, Taikang Insurance Group, Harvest Capital and Alibaba Group. |
| What is Easyhome's revenue? | Easyhome's latest recorded revenue is $1B (February 2018). |
| What is Easyhome's revenue multiple? | Easyhome's latest valuation implies a 5.2x revenue multiple ($5.3B valuation on $1B of revenue). |
| Which companies are comparable to Easyhome? | Companies comparable to Easyhome include Floor & Décor, Central Garden & Pet, Fabindia, USS Co., GS Holdings and European Outlet Mall Venture. |
| How many companies has Easyhome acquired? | Easyhome has acquired 1 company, including Easyhome New Retail Group. |
| What was the largest acquisition by Easyhome? | The $5B acquisition of Easyhome New Retail Group in December 2019 is the largest acquisition Easyhome has made to date. |
| How many companies has Easyhome invested in? | Easyhome has invested in 2 companies, including Keeson Technology Corp and BLUE MORNING. |
| What was Easyhome's last investment? | In February 2018, Easyhome invested in Keeson Technology Corp's $32M strategic investment round alongside Red Star Macalline Group, Share Capital and Oppein Home Group. |
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