By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
TechziTechziTechzi
  • Home
  • Community
    • Our Review
    • Join Our Slack community
    • Referral: Richieee
    • Referral: 6 for 6
  • Publications
    • Special Report: SE Asian Startup Funding
    • Top 30 Most Funded Southeast Asia Startups
  • Agencies
  • About
    • About us
    • Contact
Search
© 2023 Techzi . All Rights Reserved.
Reading: KeaBabies Hits $58M Revenue in 2023, Continues Profitable Growth
Share
Font ResizerAa
TechziTechzi
Font ResizerAa
Search
  • Home
  • Community
    • Our Review
    • Join Our Slack community
    • Referral: Richieee
    • Referral: 6 for 6
  • Publications
    • Special Report: SE Asian Startup Funding
    • Top 30 Most Funded Southeast Asia Startups
  • Agencies
  • About
    • About us
    • Contact
Have an existing account? Sign In
Follow US
© 2023 Techzi . All Rights Reserved.
Marketplace

KeaBabies Hits $58M Revenue in 2023, Continues Profitable Growth

Osama Khalid
Last updated: March 5, 2024 3:10 am
Osama Khalid
Share
1 Min Read
SHARE
  • Singapore baby products startup KeaBabies hit $58 million revenue in 2023.
  • KeaBabies manufactures in China and sells through Amazon primarily in the US.
  • The bootstrapped company reached its 2023 target and plans to maintain organic growth.

Contents
Strategic manufacturingWhat drives KeaBabies’ growth?

Singapore-based baby products company KeaBabies has announced 2023 revenue of $58 million, up from $37 million in 2022.

The bootstrapped startup, founded by Ivan Ong and Jane Neo in 2017, has achieved double-digit net profit margins while avoiding outside funding.

Strategic manufacturing

KeaBabies manufactures its products like baby essentials and maternity items in China, selling primarily to the US through Amazon’s fulfillment network. The company first turned a profit just 6 months after launching.

What drives KeaBabies’ growth?

With a clear path for expanding its product line and sales, KeaBabies surpassed its initial $50 million target for 2023.

Ong cites the startup’s profitable operations and cash flow position as reasons to continue bootstrapped growth for now.

KeaBabies joins other digitally native Singapore consumer brands like Secretlab and Castlery in gaining significant traction in the US market. The company currently has 67 employees and aims to continue its organic growth trajectory.

To read the original article in its entirety: https://www.techinasia.com/bootstrapped-baby-brand-crushes-revenue-goals

TAGGED:div5

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook X Copy Link Print
Share
Previous Article You Should Be Playing with GPTs at Work
Next Article Chris Donnelly Reimagines School Curriculum for Real-Life Success

Subscribe to our newsletter to get our newest articles instantly

Please enable JavaScript in your browser to complete this form.
=

Stay Connected

XFollow
InstagramFollow
YoutubeSubscribe
TiktokFollow

Latest News

Techzi is Pausing
Media December 24, 2024
Twitch Pioneer Emmett Shear Launches Mysterious AI Venture
AI December 24, 2024
OpenAI CEO Labels Musk a ‘Bully’ in Latest Tech Titan Clash
AI December 24, 2024
AI Revolution Could Spark Live Entertainment Boom
Culture December 24, 2024

You Might also Like

Startups

Atome Secures $31 Million Capital Injection from Parent Firm

February 12, 2024
CultureSocial Media

ByteDance Pushes Sister App Lemon8 with Influencer Campaigns

February 12, 2024
Fintech

BNPL Market in SEA Set to Exceed 50 Bn USD by 2027

November 24, 2024
AI

CEO Predicts AI “Work Personas” Could Attend Meetings This Year

March 11, 2024
AI

Unleashing the Power of AI: Ex-AWS Exec’s Quest to Revolutionize Enterprise Systems

May 6, 2024
VC

Olympic Champ Dives into Tech: Schooling Joins Vertex Ventures

October 4, 2024
Strategy

4 Harsh Truths Every Entrepreneur Must Embrace According to Anthony Vicino

March 11, 2024
e-CommerceSocial Media

GrabAds Supercharges Advertising Insights Through GroupM Collaboration

December 13, 2024
SaaSStrategy

Ken Leaver’s Two Cents on Offshoring Platforms like SupportShepherd

June 3, 2024
Deep Tech

Sidewalk Delivery Pioneer Starship Technologies Raises $90M, Touts Profitability

February 13, 2024
ProptechVC

Malaysian Proptech Startup LiveIn Bags $8.3M to Fuel Regional Growth

February 12, 2024
Mobility

Carro Reports 67% Revenue Growth in FY 2023, Achieves Positive Adjusted EBITDA

March 30, 2024

Techzi

SE Asian tech news: Free & Comprehensive. Read more

Quick Links

  • Logistics
  • Marketplace
  • Mobility
  • Startups
  • VC
  • Food tech
  • Gaming
  • Health-Tech
  • Media
  • Social Media
  • SaaS
  • Travel

Quick Links

  • AI
  • Edutech
  • Climate
  • Creators
  • Crypto & Web3
  • Culture
  • Deep Tech
  • e-Commerce
  • FAANG
  • Fashion
  • Fintech

Techzi Tech Newsletter

FREE and Curated by Tech Insiders

Legal

Privacy Policy

Terms & conditions

TechziTechzi
Follow US
© 2024 Techzi . All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?