Goodbaby International

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Goodbaby International
Public
Traded asHKEx: 01086
IndustryConsumer Products
Founded1989
HeadquartersShanghai, China Listed on Hong Kong stock exchange
Key people
Song Zhenghuan (Founder, Chairman) Martin Pos (Global CEO)
Productscar seats, travel systems, safety gates, high chairs, play yards, stationary activity centers, infant carriers, doorway jumpers
Number of employees
12318
Websitewww.gbinternational.com.hk

Goodbaby International Holdings Limited is headquartered in Hong Kong and is a durable juvenile products company that is listed on the Main Board of the Hong Kong Stock Exchange (1086:HK). Principally it engages in the manufacturing, designing, research and development, marketing and sale of many child stroller, child seat, and other child products worldwide. It operates brands such as Goodbaby, GB, Cybex, Evenflo, CBX, Rollplay, Happy Dino, Urbini, and other branded kids-children's products.[1]

Company for the year ended 31 December 2015, the Group recorded total revenue of HK$6,951.1 million, representing a year-on-year increase of approximately 13%.[2]

Goodbaby International made 10,000 strollers a day under 15 different labels for mostly overseas brands.[3]

History[edit]

In 1989 Zhenghuan Song designed a children’s rocking chair and founded Goodbaby International.[3] In 1990 chairman Zhenghuan Song establishes R&D center in Kunshan, and in 1999, the companies becomes the largest supplier of strollers in North America.[4]

Going Public

In 2011 the company goes public on the Hong Kong stock exchange. Ticker (HKEx: 01086)[4]

Acquisitions & Growth

In January 2014, Goodbaby International acquired Cybex. Goodbaby anticipated not only to extend the product portfolio into premium car safety seats and reinforce our footing in Europe, but also use Cybex's unique and extensive experience in branding and marketing.[5]

In July 2014 Goodbaby International acquired Evenflo,[6] one of the largest U.S. makers of strollers.

Products[edit]

Goodbaby International's core products include car seats, strollers, and other baby products.

References[edit]

  1. ^ "Goodbaby International Holdings Limited". www.gbinternational.com.hk. Retrieved 2018-11-04.
  2. ^ "Goodbaby International Holdings Limited Announces 2015 Annual Results". Retrieved 2018-11-04.
  3. ^ a b Lee, Jane (2009-05-15). "Giving Babies Their Ride - Forbes". Retrieved 2016-07-25.
  4. ^ a b "History: Goodbaby International Holdings Limited". www.gbinternational.com.hk. Retrieved 2018-11-04.
  5. ^ "Stroller maker Goodbaby buys Cybex". South China Morning Post. Retrieved 2018-11-04.
  6. ^ "Evenflo to be Acquired by Goodbaby International". Retrieved 2018-11-04.

External links[edit]