Onion Global Limited

OG

We are a next-generation lifestyle brand platform that incubates, markets and distributes the world’s fresh, fashionable and future brands, which we refer to as “3F brands,” to young people in China and across Asia.

Our founder Cong (Kenny) Li, an 18-year veteran at a Fortune 100 multi-national consumer goods company, created Onion with an objective to search for and create the next generation of fresh, fashionable and future brands and bring them to the young consumers in China and across Asia.

Today, the Onion global brand family is synonymous with what Kenny initially set out to build. The 4,001 brands on our platform, including 86 brand partners that directly work with us, offer 23 categories of lifestyle products, including beauty products, maternal and baby products, food & beverages, fast fashion and wellness products. Trusted by millions of users, our platform improved our users’ lives in small but meaningful ways by offering our users a wide product selection and an enjoyable online shopping experience. Our online platform disrupts the conventional lifestyle retail landscape in China by offering an integrated solution to develop, market and distribute new and inspiring branded products, thereby reshaping the lifestyle shopping and consumer culture in China.

Our unique ability to identify the next fresh, fashionable and future brands around the world and promote them to become the consumer crazes in China ahead of the curve is rooted in years of experience that our founder has accumulated in brand management and sales and marketing and is further reinforced by our close relationships with 86 brand partners and over 130 authorized distributors and resellers around the globe. 
 

Offer Price Offer Size 3-Year Outlook Volatility 1st Day Turnover
$7.25 9,300,000 Positive High 25.98%

Offering Team

Deal Managers

  • AMTD Global Markets

Lawyers

  • Davis Polk & Wardwell LLP

Auditors

  • Ernst & Young Hua Ming LLP

Pre-IPO Investors

Investors

  • Google Ventures
  • Intel Ventures
  • Patricoff Ventures
  • Kleiner Perkins

Pre-IPO Holdings(%)

  • 30
  • 20
  • 05
  • 18

Deal Highlights

Deal Tracker

Investors

Filing

06 May, 2021

Offer

07 May, 2021

Look Ahead

Lock Up Expiry

07 Nov, 2021

Earning

Nov 1, 2018

IPO Terms

Offer Price $7.25
Offer Size 9M

Market Sentiments

Stock Price