Who Owns FlexiSpot?

Loctek began in 2002 in Ningbo, in China's Zhejiang province, as a manufacturer of monitor mounts and TV brackets sold under other companies' brands. The OEM business grew steadily through the 2000s, and by the early 2010s Loctek was one of the larger Chinese exporters of ergonomic mounting hardware.

The FlexiSpot brand emerged from a strategic pivot. Rather than remaining a behind-the-scenes supplier, Loctek launched its own consumer-facing online store in the United States around 2015 to 2016, selling height-adjustable desks and ergonomic chairs direct to American and European buyers through Flexispot.com. The timing matched two trends: the rise of cross-border e-commerce from Chinese manufacturers, and growing Western awareness of sedentary-work health risks.

In December 2017 Loctek listed on the Shenzhen Stock Exchange ChiNext board under ticker 300729, raising capital to expand both manufacturing capacity and the FlexiSpot overseas channel. The IPO made it the first ergonomic products company on a Chinese A-share board.

Through the late 2010s FlexiSpot expanded across Amazon US, Amazon Europe, and its own regional storefronts, adding localized sites for the UK, Germany, Japan, and other markets. The COVID-19 pandemic in 2020 was a demand inflection point: the global shift to remote work created a surge in home office furniture purchases that lifted Loctek's revenue from 1.9 billion yuan in 2020 to 3.2 billion yuan by 2022.

The product line broadened from standing desks into ergonomic chairs, monitor arms, desk bikes, smart beds, and study desks for children. Loctek also built a second business inside the company: overseas warehouse and logistics services for other Chinese brands selling abroad, which became a significant revenue contributor alongside the FlexiSpot brand itself.

Fiscal 2024 revenue reached 5.67 billion yuan, up 45 percent year over year, and fiscal 2025 revenue reached 6.71 billion yuan. FlexiSpot has been named to the Kantar BrandZ ranking of top Chinese global brands, reflecting its position as one of the more successful direct-to-consumer furniture brands built by a Chinese manufacturer.