Lanbay Inc
LNBY
Other OTC0.00
USD
- -
- -
CIK
0001672572
ISIN
US51378D2071
CUSIP
51378D207
Return %
Stock
S&P500
1Y
-99.08
18.02
3Y
-99.42
64.11
5Y
-99.70
70.77
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Chunyang Liu
- Full Time Employees
- 3
- Sector
- Consumer Cyclical
- Industry
- Specialty Retail
- Address
- EFC Building Hangzhou NY People's Republic of China 311100
- IPO Date
- Mar 24, 2021
- CIK
- 0001672572
- Website
- landbay.co.uk
- Similar Companies
- Business
- Landbay Inc (LNBY) operates as a specialty retail company focused on furniture design and sales, primarily targeting middle-class urban consumers in the Greater New York region through direct sales and onsite marketing campaigns. The company offers a range of residential and commercial furniture products, including sofas, chairs, dining tables, beds, entertainment consoles, cabinets, and cupboards for living rooms, dining rooms, bedrooms, and home offices. Founded in 2016 and headquartered in Hangzhou City, Zhejiang Province, China, Landbay conducts its operations via its subsidiary Zhejiang Toumi Holding Co., Ltd., which supports technical consulting, technology development, and electronic product sales in the United States and China. In August 2024, Landbay discontinued its furniture sales business following a management change and pivoted strategically to online data marketing services and network equipment provision, marking a significant shift from its prior retail focus. For the three months ended December 31, 2024, the company reported revenue of $170,857 from these new online data marketing services through Zhejiang Toumi, reflecting initial financial impacts of the transition despite operational challenges such as delayed software service launches. This reorganization positions Landbay within the digital services and technology sectors, serving clients in the U.S. market while based in China.