Hasaki Beauty & S.P.A.
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Hasaki Beauty & S.P.A. - overview
Established
2016
Location
Ho Chi Minh City, -, Vietnam
Primary Industry
Consumer Products
About
Based in Vietnam, Hasaki Beauty & S. P. A. operates as a provider of high-quality automotive solutions, specializing in accessories and maintenance products designed to enhance vehicle performance and safety.
Hasaki Beauty & S. P. A. , founded in 2016, is headquartered in Ho Chi Minh City, Vietnam.
The company focuses on delivering automotive products and has executed 2 deals since inception, with the latest deal occurring on November 20, 2023. The founder's history and previous ventures are not publicly detailed. Hotro Hasaki specializes in providing a range of products and services that cater to consumers seeking high-quality automotive solutions. Their core offerings include automotive accessories, maintenance products, and specialized tools designed to enhance vehicle performance and user experience.
The company aims to address various end-use cases such as improving vehicle safety, enhancing efficiency, and facilitating regular maintenance for car owners. Hotro Hasaki targets a diverse customer base that includes individual vehicle owners, automotive service providers, and retail partners. The primary geographical markets for these products span across Southeast Asia, with a particular focus on emerging markets where automotive ownership is rapidly increasing. In the most recent year of 2023, Hasaki Beauty & S.
P. A. reported a revenue of USD 129. 23 mn and an EBITDA of USD 4.
28 mn. The revenue model is structured around direct-to-consumer sales and partnerships with retailers, ensuring broad accessibility to their product offerings. Transactions are conducted through both online platforms and physical retail locations, allowing for a seamless purchasing experience. Customers engage in one-time purchases or subscription services for maintenance products, promoting consistent usage and brand engagement.
The pricing strategies reflect the quality and innovation associated with their flagship automotive products, supporting the company's expansion efforts within the automotive accessories sector. In November 2023, Alibaba Group Holding Limited acquired a minority stake in Hasaki Beauty & S. P. A.
from Excelsior Capital Asia, though financial terms were not disclosed. This acquisition will enable Alibaba to strengthen its presence in Vietnam. The company is expected to utilize this investment to support further market penetration and expansion efforts in Southeast Asia, particularly targeting emerging markets where automotive ownership is on the rise.
Current Investors
Excelsior Capital Asia
Primary Industry
Consumer Products
Sub Industries
Beauty & Hygiene, Retail, Internet
Website
https://hotro.hasaki.vn
Verticals
E-commerce
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Hasaki Beauty & S.P.A. - financials
| Fiscal Year Ended | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 41,781,059,233 | 121,320,470,725 | 240,733,656,487 | 533,152,035,201 | 902,471,083,766 | - | - | - |
| % Revenue Growth (YoY) | - | 190.4% | 98.4% | 121.5% | 69.3% | - | - | - |
| EBITDA (USD) | (1,093,703,383) | (821,060,900) | (4,763,459,310) | 6,459,112,440 | 3,959,158,260 | - | - | - |
| Operating Income (USD) | (1,093,703,383) | (821,060,900) | (4,763,459,310) | 6,459,112,440 | 3,959,158,260 | - | - | - |
| Operating Margin | (2.6%) | (0.7%) | (2.0%) | 1.2% | 0.4% | - | - | - |
| % EBITDA Margin | (2.6%) | (0.7%) | (2.0%) | 1.2% | 0.4% | - | - | - |
| NET Income (USD) | (1,071,558,591) | 387,757,289 | 1,169,612,601 | 4,041,008,303 | 4,763,290,170 | - | - | - |
| % Net Margin | (2.6%) | 0.3% | 0.5% | 0.8% | 0.5% | - | - | - |
Hasaki Beauty & S.P.A. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Hasaki Beauty & S.P.A. | - | ||||||||
| Buyout | Completed | Hasaki Beauty & S.P.A. | - |
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