Aobag is a garbage classification and recycling service firm.
Business Model: B2C
Revenue: $0
Employees: 11-50
Address:
City: Chengdu
State: Sichuan
Zip:
Country: China
Chengdu Aobag Enviromental Protection Technology Co., Ltd. was established in March 2017. The founder and main team members came from Chengdu, the first company based on the real-name system of two-dimensional code to encourage residents to participate in garbage classification. Based on the experience of serving 200,000 users in Chengdu in the past five years, the company proposed the concept of “new classification, new recycling”, innovative recycling bags, and refactoring classification rules; connecting residents, communities, logistics systems and recycling through WeChat and APP platforms. The regeneration system reduces the overall recycling cost, allows the recyclables to be effectively recycled and enters the recycling system to generate sales revenue, so that the company can truly achieve sustainable operation. Since the company started trial operation in Chengdu in June 2017, as of March 2019, 30161 members have been accumulated in 21 months. Among them, 11394 completed the real-name WeChat certification payment, and the purchase service began to be classified, including Golden Apple Kindergarten, Chuanshi Fuxiao, Pujiang Mingyue Village and other collective users.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 1/2019 | Angel Round | 2 | $1.5M |
FREES FUND JD.com FREES FUND JD.com |
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