Ookbee Co., Ltd.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Ookbee Co., Ltd. - overview
Established
2010
Location
Bangkok, -, Thailand
Primary Industry
Media
About
Ookbee Co. , Ltd. is a prominent digital content platform that specializes in offering a wide array of e-books, comics, magazines, and audiobooks through a subscription-based service, enhancing readers' access to diverse literature. Founded in 2010 in Bangkok, Thailand, Ookbee Co.
, Ltd. operates as a digital content provider, primarily focusing on e-books and related media. The company was co-founded by Joe Sangmanee and Polapat Udomphol. In August 2021, the firm raised USD 19.
00 mn in funding, led by Tencent Investment, with a total amount raised to date of USD 19. 00 mn from 5 deals. Ookbee operates as a leading e-book platform offering a diverse range of digital content, including e-books, comics, magazines, newspapers, and audiobooks. The company's core product revolves around a subscription service called 'Ookbee Buffet,' which grants users unlimited access to over 30,000 publications, catering primarily to avid readers and consumers of digital literature.
The offerings are distributed across several geographical markets, focusing on Southeast Asia, particularly Thailand, where it has established a significant user base. Additionally, the company partners with various authors and publishers to facilitate content creation and distribution, ensuring users a rich selection of genres and formats. In the most recent year, 2022, Ookbee reported a revenue of USD 4,806,160. 10, with an EBITDA of USD -3,370,765.
70. The company's revenue is primarily derived from its subscription model, which allows customers to access its extensive library of digital content for a recurring fee, promoting user engagement and predictable revenue streams. Following their latest funding round in August 2021, Ookbee Co. , Ltd.
plans to utilize the raised funds to enhance user acquisition across its platforms, improve AI capabilities, develop new products, and secure more intellectual property rights. The company aims to expand into new markets, with specific targeting yet to be detailed. These strategic initiatives are set to support Ookbee's growth trajectory in the evolving digital content landscape.
Current Investors
Tencent Investment, Beacon Venture Capital, Sumitomo Corporation Equity Asia
Primary Industry
Media
Sub Industries
Internet, Digital Media
Website
www.ookbee.com
Company Stage
Series B
Total Amount Raised
Subscriber access only
Ookbee Co., Ltd. - timeline of key events
Ookbee Co., Ltd. - 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 |
|---|---|---|---|---|---|---|---|
| Revenue (USD) | 101,586,503 | 162,487,225 | 153,623,229 | 15,048,374,770 | - | - | - |
| % Revenue Growth (YoY) | - | 59.9% | (5.5%) | 9695.6% | - | - | - |
| EBITDA (USD) | 107,362,206 | 17,375,599 | (144,510,010) | 2,065,594 | - | - | - |
| Operating Income (USD) | 100,264,206 | 17,375,599 | (160,300,693) | 2,065,594 | - | - | - |
| Operating Margin | 98.7% | 10.7% | (104.3%) | 0.0% | - | - | - |
| % EBITDA Margin | 105.7% | 10.7% | (94.1%) | 0.0% | - | - | - |
| NET Income (USD) | 82,257,534 | 8,794,917 | (172,941,132) | 1,409,764 | - | - | - |
| % Net Margin | 81.0% | 5.4% | (112.6%) | 0.0% | - | - | - |
Ookbee Co., Ltd. - employee data
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.