| Goodbaby International | |
| Type: | Public |
| Traded As: | HKEx |
| Industry: | Consumer Products |
| Products: | car seats, travel systems, safety gates, high chairs, play yards, stationary activity centers, infant carriers, doorway jumpers |
| Num Employees: | 12318 |
| Foundation: | 1989 |
| Location: | Shanghai, ChinaListed on Hong Kong stock exchange |
| Key People: | Song Zhenghuan (Founder, Chairman)Martin Pos (Global CEO) |
Goodbaby International Holdings Limited is incorporated in the Cayman Islands[1] and headquartered in Shanghai. It is 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 children’s products worldwide such as strollers, child seats. It operates brands such as Goodbaby, GB, Cybex, Evenflo, CBX, Rollplay, Happy Dino, Urbini, and other branded kids-children's products.[2]
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%.[3]
Goodbaby International made 10,000 strollers a day under 15 different labels for mostly overseas brands.[4]
In 1989 Zhenghuan Song designed a children’s rocking chair and founded Goodbaby International. 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.[5]
Going Public
In 2011 the company goes public on the Hong Kong stock exchange. Ticker (HKEx: 01086)
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.[6]
In July 2014 Goodbaby International acquired Evenflo,[7] one of the largest U.S. makers of strollers.
Goodbaby International's core products include car seats, strollers, and other baby products.[8]