Haier

company

About

Haier is an appliances brand, launching a wide range of innovative products in all categories, including refrigerators and more.

Details

Last Funding Type
Post-IPO Equity
Last Funding Money Raised
$364M
Industries
Consumer Electronics,Electrical Distribution,Electronics,Home Decor
Founded date
Jan 1, 1984
Number Of Employee
10001 - max
Operating Status
Active
Stock Symbol
sse:600690
Legal Name
Haier Inc.
Also Known As
Haier Group,海尔家居,Haier Jiaju,海尔集团,Haier Jituan
Sub-Organizations
Haier Financial Holdings HCH Group

Haier is an appliances brand, launching a wide range of innovative products in all categories, including refrigerators, air conditioners, washing machines, panels, water heaters, commercial refrigerators, wine cellars, and microwave ovens.

Haier is known for introducing innovative products in the country and is remembered for its revolutionary Bottom Mount Refrigerators, launched for the first time in India followed by the patented Double Drive technology in Washing Machines. LCDs with motion gaming technology, Washing machines with NZP technology, 3 door refrigerators with smart convertible space, and Water heaters with music functions are examples of continuous innovation at Haier for the Indian market.

Haier has established a wide dealer network with presence in more than 6500 outlets all over the country, which is backed by a durable service and after sales service network. Haier Products are available at retail outlets and in most of the modern retail chains. Haier today offers a host of world-class products and has a presence in almost all segments of home appliances and consumer durables.

Haier is ranked India’s 19th Most Trusted Brand among 16,000 brands studied by Trust Research Advisory in 2011. In 2013, Haier was also awarded the ’Product Differentiation Excellence Award’ in the Consumer Electronics Market in 2013 by the global consultancy and research firm Frost and Sullivan.

Haier was founded in 1984 and is headquartered in New Delhi, India.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$364M ¥0.95B
Haier has raised a total of $364M ¥0.95B in funding over 2 rounds. Their latest funding was raised on Aug 25, 2017 from a Post-IPO Equity round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Aug 25, 2017 Post-IPO Equity ¥0.95B 5 Detail
Dec 8, 2013 Post-IPO Equity $364M 1 Alibaba Group Detail
Nov 19, 1993 IPO Detail

Investments

Number of Investments
Number of Lead Investments
16
5
Haier has made 16 investments. Their most recent investment was on Dec 8, 2022, when Vegetable Meat raised 0.
Date Company Name
Round Money Raised Industry Lead Investor
Dec 8, 2022 Vegetable Meat
Series A Food Processing Yes
Nov 11, 2022 Vzense
Series A $4M Information Technology
Sep 7, 2022 Spice AI
Seed $13.50M Artificial Intelligence
Oct 14, 2021 Spice AI
Pre-seed $1.05M Artificial Intelligence
Oct 20, 2020 Dingdang Kuaiyao
Series B ¥1B Apps

Investors

Number of Lead Investors
Number of Investors
1
6
Haier is funded by 6 investors. Alibaba Group and Forebright Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Alibaba Group Yes Post-IPO Equity
Forebright Capital Post-IPO Equity
Haichuanghui Post-IPO Equity
Hairong High Tech Post-IPO Equity
Innovation Ventures Post-IPO Equity
TF Securities Post-IPO Equity

Employee Profiles

Number of Employee Profiles
6
Haier has 6 current employee profiles, including Board member Eva Cheng
Board member
Executive
Employee
Executive
Executive

Exits

Haier has had 3 exits. Haier most notable exits include Dingdang Kuaiyao ,   TAB Jiqiren

Date Company Name Exit Type Industry
Sep 14, 2022 Dingdang Kuaiyao IPO Apps Detail
May 28, 2019 TAB Jiqiren IPO Manufacturing Detail
Sep 20, 2017 Thunderobot IPO E-Commerce Detail

Acquisition

Haier has acquired 2 organizations. Their most recent acquisition was GE Appliances on Jan 15, 2016. They acquired GE Appliances for $5.40B.

Date Company Name
Industry Acquisition Type Price
Jan 15, 2016 GE Appliances
Consumer Electronics acquisition $ 5.40B Detail
Apr 29, 2022 Tabor
Hardware Detail