Hive Box
Founded Year
2015Stage
Series B | AliveTotal Raised
$1.24BLast Raised
$400M | 4 yrs agoAbout Hive Box
Hive Box operates a network of self-service package drop-off and pick-up stations across China. The company now operates 40,000 smart package self-service units with three million package boxes in 74 cities in China, improving convenience and efficiency in the last-mile delivery process.
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ESPs containing Hive Box
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The delivery lockers & storage networks market includes providers developing storage lockers and networks of delivery storage infrastructure to enable more secure e-commerce delivery and pick-up at various locations such as apartment complexes, retail stores, and public areas. Providers can also provide storage for packages, allowing customers to schedule a timed delivery. These solutions reduce l…
Hive Box named as Highflier among 5 other companies, including Fetch, RedBox Technologies, and HubBox.
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Expert Collections containing Hive Box
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Hive Box is included in 2 Expert Collections, including Supply Chain & Logistics Tech.
Supply Chain & Logistics Tech
5,403 items
Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).
Unicorns- Billion Dollar Startups
1,244 items
Latest Hive Box News
Sep 3, 2024
(Yicai) Sept. 3 -- Hive Box Holdings, the operator of the world’s largest smart delivery locker network, has filed for an initial public offering on the Hong Kong Stock Exchange. The IPO proceedings will be used to promote Hive Box’s market expansion, both in lower-tier cities in China and overseas, reinforce its out-of-home logistics capabilities, and increase investments in research and development and strategic fields, the Shenzhen-based company said in its prospectus filed on Aug. 30. Hive Box will become the first Chinese smart delivery locker operator to go public. Founded in 2015, Hive Box received investments from China’s four major couriers -- SF Holding, Yunda Holding, STO Express, and ZTO Express -- and the Chinese arm of Singaporean warehousing firm GLP. Hive Box experienced quick development thanks to the robust growth of the Chinese e-commerce industry. As of May 31, it had 330,200 smart lockers with about 29.9 million compartments providing services to 209,000 communities across 31 Chinese provincial-level regions. Hive Box’s net loss shrank to CNY541.5 million (USD76 million) last year from CNY2.1 billion (USD295 million) in 2021, while revenue soared 52 percent to CNY3.8 billion. In the first five months of this year, Hive Box turned profitable for the first time, reversing a loss of CNY313.8 million a year earlier into a CNY71.6 million (USD10.1 million) profit. Revenue rose 34 percent to CNY1.9 billion in the period. SF’s founder Wang Wei is Hive Box’s largest shareholder, with a 36.5 percent stake. The other three couriers divested in 2018. Once Hive Box completes its IPO, it will become the fifth listed company controlled by Wang after SF, Kerry Logistics Network, SF Intra-City Industrial, and SF Real Estate Investment Trust. Editor: Futura Costaglione
Hive Box Frequently Asked Questions (FAQ)
When was Hive Box founded?
Hive Box was founded in 2015.
Where is Hive Box's headquarters?
Hive Box's headquarters is located at Shenzhen.
What is Hive Box's latest funding round?
Hive Box's latest funding round is Series B.
How much did Hive Box raise?
Hive Box raised a total of $1.24B.
Who are the investors of Hive Box?
Investors of Hive Box include HongShan, Trustbridge Partners, All-Stars Investment, Redview Capital, Forge Global and 13 more.
Who are Hive Box's competitors?
Competitors of Hive Box include alfred24 and 4 more.
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Compare Hive Box to Competitors
alfred24 specializes in creating sustainable and efficient delivery solutions within the logistics and e-commerce sectors. The company offers a cloud-based platform and smart locker networks designed to reduce labor time and carbon emissions associated with last-mile deliveries. alfred24 primarily serves the e-commerce industry, logistics service providers, and retailers looking to optimize their delivery networks. alfred24 was formerly known as Pakpobox. It was founded in 2014 and is based in Hong Kong, Hong Kong.
Smiota specializes in smart package locker solutions and cloud-based delivery platforms within the logistics and supply chain management sector. The company offers a range of smart lockers and software services designed to secure and automate the handling of packages and goods for various industries. These solutions cater to sectors such as retail, corporate enterprises, multifamily residential complexes, universities, libraries, and government facilities. It was founded in 2015 and is based in Pleasanton, California.
RedBox provides smart parcel locker services to customers. It offers a parcel locker network that allows users to pick up their packages from a nearby smart locker. It is a direct-to-consumer (D2C) company, serving consumers in the Middle East. The company was founded in 2019 and is based in Riyadh, Saudi Arabia.
Wiio is a company specializing in dropshipping services and product sourcing within the eCommerce industry. The company offers a platform for sourcing products, quality assurance, and efficient delivery channels, along with additional services such as custom branding, product packaging, and video production. Wiio caters to businesses looking to streamline their dropshipping operations without the need for minimum order quantities or monthly subscription fees. It was founded in 2015 and is based in Hangzhou, Zhejiang .
Chinabrands.com specializes in dropshipping suppliers for cross-border transactions.
CJDropshipping is a company that focuses on eCommerce dropshipping and fulfillment services. The company offers a range of services including order fulfillment, warehousing, shipping, product listing, and print on demand. It primarily serves the eCommerce industry. It is based in Yiwu, Zhejiang .
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