Goodbaby International
 | A major contributor to this article appears to have a close connection with its subject. (July 2016) |
| Company type | Public |
|---|---|
| HKEx: 01086 | |
| Industry | Consumer Products |
| Founded | 1989 |
| Founder | Song Zhenghuan |
| Headquarters | , |
Key people | Song Zhenghuan (Founder and Chairman), Martin Pos (Global CEO) |
| Products | Car seats, travel systems, safety gates, high chairs, play yards, stationary activity centers, infant carriers, doorway jumpers |
Number of employees | 12,318 |
| Website | gbinternational |
Goodbaby International is a Chinese company incorporated in the Cayman Islands and headquartered in Shanghai.[1] It manufactures products for babies and children including designing, research and development, marketing and sale of many children’s products worldwide such as strollers, child seats.
The company is listed on the Main Board of the Hong Kong Stock Exchange (1086:HK) and operates brands such as Goodbaby, GB, Cybex, Evenflo, CBX, Rollplay, Happy Dino, Urbini, and other branded kids-children's products.[2]
As of 2009[update], Goodbaby International manufactured over 10,000 strollers a day under 15 different, mostly overseas brands.[3]
History
[edit]Foundation and early years
[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 company becomes the largest supplier of strollers in North America.[4]
Going Public
[edit]In 2011 the company went public on the Hong Kong stock exchange. Ticker (HKEx: 01086)[4]
Acquisitions and Growth
[edit]In January 2014, Goodbaby International acquired Cybex. Goodbaby anticipated not only to extend the product portfolio into premium car safety seats and reinforce its footing into Europe, but also to use Cybex's extensive experience in branding and marketing.[5]
In July 2014 Goodbaby International acquired Evenflo, one of the largest U.S. makers of strollers.[6]
Products
[edit]Goodbaby International's core products include car seats, strollers, and other baby products.[7]
References
[edit]- ^ "CHANGE OF NAME AND ADDRESS OF SHARE REGISTRAR AND TRANSFER AGENT IN THE CAYMAN ISLANDS" (PDF). goodbaby international. 2017-05-17.
- ^ "Goodbaby International Holdings Limited". www.gbinternational.com.hk. Retrieved 2018-11-04.
- ^ a b Lee, Jane (2009-05-15). "Giving Babies Their Ride - Forbes". Forbes. Retrieved 2016-07-25.
- ^ a b "History: Goodbaby International Holdings Limited". www.gbinternational.com.hk. Retrieved 2018-11-04.
- ^ "Stroller maker Goodbaby buys Cybex". South China Morning Post. Retrieved 2018-11-04.
- ^ "Evenflo to be Acquired by Goodbaby International". Retrieved 2018-11-04.
- ^ "Best Baby Products". June 2, 2020.
External links
[edit]- Goodbaby International (parent company website)
- Forbes Interview with Founder Song Zhenghuan