Thousandshores

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Thousandshores - overview

Established

2010

Location

Shenzhen, Guangdong, China

Primary Industry

Retail

About

Based in Shenzhen, China, Thousandshores develops and designs innovative products for the cross-border e-commerce B2C sector, enhancing user experiences through quality outdoor sports equipment, Bluetooth audio products, and smart home devices. Thousandshores Technology Co. , Ltd. focuses on the cross-border e-commerce B2C sector, providing a range of innovative products.


Founded in 2010 in Shenzhen, China, the company has completed a total of 3 deals. Recently, in November 2023, Thousandshores raised CNY 50 million in funding from New Alliance Capital, which is the total amount raised to date. The company has not undergone any known pivots or changes and does not have any reported subsidiaries. Shenzhen Thousandshores Technology Co.


, Ltd. specializes in a diverse range of innovative products and services, primarily focusing on the cross-border e-commerce B2C sector. The company’s core offerings include high-quality outdoor sports equipment under the Sportneer brand, Bluetooth audio products from Tribit, and smart home devices marketed under Ohuhu, iClever, and Elechomes. These products are designed to enhance user experiences across various scenarios, such as leisure, fitness, and everyday convenience.


With a commitment to quality and innovation, Thousandshores serves over 50 million users across more than 50 countries and regions, including markets in the U. S. , Germany, Japan, and Canada. The company integrates advanced technologies into its product development, ensuring it meets the evolving needs of consumers globally.


In 2024, Thousandshores Technology recorded a revenue of CNY 232,293,372. 10, with an EBITDA of CNY 25,012,875. 50. The company operates a direct-to-consumer sales model allowing customers to purchase products through its online platforms while also engaging in partnerships with retailers and wholesalers to expand its market reach.


The revenue structure reflects a combination of product sales and strategic partnerships, reinforcing the company's commitment to sustainable growth and brand development within the competitive technology landscape. Thousandshores plans to utilize the recently raised CNY 50 million in November 2023 to support the development and launch of new products while expanding into new markets. The company targets further penetration into Europe and Southeast Asia by 2025. The funding will enhance product design capabilities and marketing efforts, facilitating the introduction of new offerings aligned with consumer demands.


Current Investors

New Alliance Capital

Primary Industry

Retail

Sub Industries

Retail

Website

www.1000shores.com/

Verticals

E-commerce

Total Amount Raised

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