Back Market Revenue, Valuation, Funding & Investors

Snapdeal is an Indian online marketplace founded in February 2010 by Kunal Bahl and Rohit Bansal, headquartered in New Delhi and operated by Jasper Infotech. It began as a daily deals site, moved to a marketplace model in 2012 and by 2015 was among India's largest e-commerce companies, backed by SoftBank, eBay, Alibaba, Foxconn, Temasek and BlackRock. It raised close to 2 billion dollars in total, bought FreeCharge in 2015 and a series of technology start-ups, and sold FreeCharge to Axis Bank and Vulcan Express to Future Supply Chain Solutions in 2017 and 2018. After failed merger talks with Flipkart in 2017 it refocused on value-priced products for smaller towns, selling through hundreds of thousands of sellers, and cut its losses sharply. Revenue from operations was about Rs 380 crore in the year to March 2024.

Openlane Inc provides a digital marketplace for used vehicles, connecting sellers and buyers in North America and Europe for fast and transparent transactions. Its services include financing, repossessions, repairs, transportation, warranty, and inventory management. The company operates used-vehicle auctions and has two main segments: Marketplace and Finance, with majority revenue coming from the Marketplace segment, which to used vehicle remarketing, including marketplace services, remarketing, or make ready services and all are interrelated, synergistic elements along the auto remarketing chain. The Finance segment, through AFC engaged in business of providing short-term, inventory-secured financing to independent vehicle dealers.

Meesho Ltd is a technology platform that integrates commerce, logistics, and content creation to support e-commerce activities under the Meesho brand. The Company also provides digital financial services by facilitating financing arrangements between non-banking financial companies and sellers to support access to credit, and it operates a supply-chain service for the delivery of groceries and other products. The Company operates through the Marketplace segment, which is a technology platform connecting consumers, sellers, logistics partners, and content creators, and the New Initiatives segment, which includes a low-cost local logistics network for daily essentials and a digital financial services platform. The majority of the Company's revenue is generated from the Marketplace segment.

Inchcape PLC is engaged in the automotive distribution business, focusing on the sale and distribution of new and used vehicles along with after-sales services. The group has three reportable segments: APAC, Europe & Africa, and Americas. It is involved in the exclusive distribution, sales, and marketing of new vehicles and parts, as well as logistics services and aftersales activities, including servicing, body shop repairs, and parts sales across its operating regions.

Autotrader Group PLC is a digital automotive marketplace based in the UK, which provides trading channels for a range of vehicles such as cars, trucks, vans, bikes, and farm machinery, as well as relevant services such as car insurance, loans, valuations, and vehicle check services. The company generates revenue from two streams; Auto Trader: includes the results of Auto Trader and AutoConvert in respect of online classified advertising of motor vehicles and other related products and services in the digital automotive marketplace including share of profit from the Dealer Auction joint venture and Autorama: the results of Autorama in respect of a marketplace for leasing new vehicles and other related products and services.

Rappi is a Colombian super app that connects consumers with restaurants, supermarkets, pharmacies and specialty stores for on-demand delivery. It was founded in Bogota in 2015 by Simon Borrero, Sebastian Mejia and Felipe Villamarin and took part in Y Combinator in 2016. The company operates in Latin American countries including Colombia, Mexico, Brazil, Argentina, Chile, Peru, Uruguay, Ecuador and Costa Rica, with offices in Bogota, Sao Paulo and Mexico City. Beyond delivery it offers a Prime subscription, retail media advertising, a fast-delivery grocery format called Turbo and financial services through RappiPay. Its investors include SoftBank, Sequoia Capital, Andreessen Horowitz, DST Global, T. Rowe Price and Amazon, and it reached unicorn status in 2018. The company has been preparing for a possible public listing.

Fever is a live-entertainment discovery and ticketing technology company founded in 2014. Its consumer platform helps users find and book concerts, exhibitions, sports, theater, festivals and other local experiences across international cities. Fever also works with artists, venues, brands and intellectual-property owners to develop, price, market and distribute events using audience and demand data. The company earns revenue from ticket commissions, event production and technology-enabled services to experience partners. It operates across more than 40 countries and said its platform inspired more than 300 million people to discover live entertainment during the year before Portugal Ventures' exit. Fever is headquartered in New York and maintains technology and operating teams in several markets, including Portugal and Spain.

Lyft is the second-largest ride-sharing service provider in the US and Canada, connecting riders and drivers over the Lyft app. Incorporated in 2013 and public since 2019, Lyft offers a variety of rides via private vehicles, including traditional private rides, shared rides, and luxury ones. Besides ride-share, Lyft has entered the bike- and scooter-share market to bring multimodal transportation options to users.

Mango Excellent Media Co Ltd is a China-based company engaged in the provision of E-commerce services through Television, Internet, Catalogs, and other multimedia channels. The company operates three main business segments. The Mango Television Internet Video Business segment delivers content such as variety shows, TV dramas, films, movies, animations, and short videos. The New Media Interactive Entertainment Content Production Business segment covers the creation and operation of dramas, variety programs, and games, alongside artist management, music copyrights, and game development. The Media Retail Business segment focuses on TV shopping, media e-commerce, and overseas-related operations. The company generates maximum revenue from the Mango Television internet video business segment.

QuintoAndar is a Brazilian real estate platform that handles the rental, purchase and sale of homes online. It was started in 2013 by Gabriel Braga and Andre Penha and is headquartered in Sao Paulo, where it employs about 3,000 people. For rentals it collects the rent and pays the owner, so tenants do not need a guarantor, a surety bond or a deposit. The company added home sales in 2019 and later built mortgage, title and escrow services around the marketplace. It operates in more than 70 Brazilian cities and has expanded into Mexico. QuintoAndar raised venture rounds from Kaszek, General Atlantic, SoftBank, Ribbit Capital, Greenoaks and Tencent, and was valued at US$5.1 billion in 2021. It has bought Sindico.Net, Casa Mineira, Atta, Velo, the real estate classifieds operations of Navent and Noknox.

Rightmove PLC provides online property search platforms. The company's customers include agents, buyers, renters, and new home developers. The company provides users with tools such as the house price index, which tracks house prices and analyzes price trends in the U.K. house market, and a mortgage calculator. The company's segments include agencies, new homes, and others. The agency segments of the company provide resale and lettings property advertising services. The new homes segment provides property advertising services to new home developers. Its other segment includes overseas, commercial property, and non-property advertising services. The company generates maximum revenue from the agency segment.

carsales.com is the flagship Australian online vehicle marketplace within CAR Group Limited, the corporate name adopted by the listed parent in 2023. The business connects private sellers and dealers with buyers and earns revenue from vehicle listings, dealer subscriptions, advertising, data products and related digital services. CAR Group operates wholly owned marketplace businesses in Australia under carsales, South Korea through Encar, the United States through Trader Interactive and Chile through chileautos. It is also the majority shareholder of Webmotors in Brazil. The group's marketplaces cover automotive, commercial, industrial and leisure vehicles, supported by shared data and technology. CAR Group is an ASX 50 company, while the carsales consumer brand remains active in Australia despite the parent's name change. This record should therefore be read as the carsales.com business and historical investor identity within today's CAR Group, not as a separate company unrelated to the listed parent.

Ziroom is a Beijing-based residential rental company that leases apartments from individual owners, renovates them into standardised homes and rents them to tenants on long-term contracts. It began in 2011 as a business unit of the residential brokerage Lianjia and also offers cleaning, moving and home repair services, brand apartments, and second-hand home brokerage. The company says it covers more than 30 cities and has served about 5 million tenants. It raised RMB 4 billion in a January 2018 Series A led by Warburg Pincus, Sequoia Capital China and Tencent, followed by a USD 500 million Series B in June 2019 led by General Atlantic and a USD 1 billion investment from SoftBank Vision Fund in November 2019. Its acquisitions include the apartment operator Bestbond in 2020.

Scout24 SE is a German digital company that operates a digital marketplace, ImmoScout24, for residential and business real estate. In addition, it offers software solutions for real estate valuations to banks and the real estate sector. Through ImmoScout24, the company is engaged in developing new products and building a digital ecosystem for rentals, purchases, and commercial real estate in Germany and Austria. It has different brands offering digital services in the real estate industry, such as FlowFact, Vermietet.de, Immoverkauf24, Propstack, BauFi, and others. Its operating segments are Professional, which generates maximum revenue by offering digital real estate products to its professional clients, and Private. Geographically, the group derives its key revenue from Germany.

Swiggy Ltd is a consumer-first technology company offering users an easy to use convenience platform, accessible through a unified app to browse, select, order and pay for food (Food Delivery), grocery and household items (Instamart), and have their orders delivered to their doorstep through on-demand delivery partner network. Its platform can be used to make restaurant reservations (Dineout) and for events bookings (SteppinOut). It has five business segments: Food Delivery, Out of home consumption, Quick commerce. Supply chain and distribution and Platform Innovations. Key revenue is generated from Food delivery business that offer on demand Food Delivery services through a network of restaurant partners and delivery partners, which is available through mobile application and or website.

Talabat Holding PLC is engaged in the on-demand online food ordering, delivery, takeaway and groceries and convenience retail marketplace in the MENA region, with operations in the UAE, Kuwait, Qatar, Bahrain, Egypt, Oman, Jordan, and Iraq.

Global E Online Ltd provides e-commerce solutions. The company offers a platform to enable and accelerate direct-to-consumer cross-border e-commerce. The platform was purpose-built for international shoppers to buy seamlessly online and for merchants to sell from and anywhere in the world. The company localizes the shopper experience to make international transactions as seamless as domestic ones. The platform increases the conversion of international traffic into sales by removing much of the complexity associated with international e-commerce. The company derives maximum revenue from the United States.

Vend Marketplaces ASA is a family of digital consumer brands with growing positions within online marketplaces in the Nordics. The companies operating segments includes Mobility, Real Estate, Jobs and Recommerce. It derives maximum revenue from Mobility Segment. Geographically, it operates in Norway, Sweden, Denmark, Finland and Others. Its brands include Blocket, Finn, Tori, DBA, and others.