Benlai Valuation, Funding & Investors

LINE MAN Wongnai is a Bangkok-headquartered super app combining food delivery, ride-hailing, and e-commerce for Thailand. Formed by the 2020 merger of LINE MAN and Wongnai, it connects over 400,000 restaurants and merchants with consumers via on-demand services. The platform also offers grocery delivery and local deals, serving urban areas nationwide.

JOKR is a rapid-delivery online grocer operating across Latin America, including as Daki in Brazil. The Berlin-headquartered company runs micro-fulfillment centers stocking 10,000 SKUs of fresh produce, pantry items, pharmacy products, and local specialties. Algorithms personalize recommendations and routes for 15-minute deliveries in cities like Bogotá, Mexico City, and São Paulo. Backed by investors such as Tiger Global and Kaszek Ventures, JOKR serves over 20 urban markets.

58 Daojia is a Beijing-headquartered on-demand services platform covering cleaning, laundry, home repairs, beauty, and pet care in over 300 Chinese cities. Acquired by 58.com in 2016, it matches users with local providers via GPS-based algorithms, processing millions of orders monthly. The app supports same-day bookings and payments through Alipay integration.

Facily is a Sao Paulo-based social commerce marketplace targeting low-income neighborhoods in Latin America. The platform aggregates group buys for apparel, beauty, and home goods directly from manufacturers, delivering to Brazil's underserved areas. Facily leverages local influencers for viral promotions and achieved 10 million users by 2023 with logistics optimized for favelas.

MadeiraMadeira is a Curitiba-based eCommerce marketplace specializing in home improvement and furnishings in Brazil. Launched in 2009, the platform lists over 300,000 products including appliances, decor, and building materials from thousands of sellers. MadeiraMadeira operates nationwide delivery and financing options, serving millions of customers via mobile app and website.

Movile is a Campinas-headquartered investment company that backs mobile commerce platforms across Latin America. It holds major stakes in iFood, Brazil's leading food delivery service processing millions of orders daily, and operates in ticketing through Sympla and children's content via PlayKids. Naspers has been a key shareholder since 2008, supporting expansions into the United States and France. Innova Capital joined as a partner in 2014. Founded in 1999, Movile focuses on online-to-offline applications in education, logistics, and entertainment sectors.

OfferUp is a mobile marketplace app facilitating peer-to-peer sales of local items including vehicles, furniture, and electronics. Headquartered in Bellevue, Washington, it allows postings to nearby users, interest-based groups, and integration with Craigslist. Features support shipping nationwide via partnerships with Keeta for payments. Following the 2020 acquisition of Letgo, the platform operates in the United States and Canada, with tools for secure messaging and offer negotiations.

Beijing-headquartered Zhuanzhuan is a second-hand goods marketplace launched in November 2015 as the dedicated trading unit of 58.com. The platform allows users to buy and sell used items nationwide through its app and website.

Beijing Zhidemai Technology Co Ltd is a shopping portal that integrates shopping guide, media, tools and community attributes. It introduces high-quality and consumer-oriented content to users with high-quality, good-quality products and services, providing users with high efficiency, precision and neutrality.

QuinStreet Inc focuses on marketplaces and technologies for the financial services and home services industries. It delivers measurable and cost-effective marketing results to its clients, in the form of qualified inquiries such as clicks, leads, calls, applications, or customers. It generates revenue by delivering measurable online marketing results to the clients. Its products and services are Customer Acquisition, QuinStreet Rating Platform (QRP), and CloudControlMedia. Geographically, it operates in United States and Internationally, of which maximum revenue is derived from United States.

Ibotta Inc is a performance marketing platform. It allows CPG brands to deliver digital promotions to consumers through a single, convenient network called the Ibotta Performance Network (IPN).

Yandex.Market is a Moscow-based online shopping platform aggregating listings from electronics retailers like M.Video, apparel stores, and appliance sellers. Shoppers compare prices across 10 million products, place direct orders with Yandex Delivery logistics, and access financing options. The service covers Russia and Kazakhstan with integration to Yandex Pay.

Baltic Classifieds Group PLC is an online classifieds group in the Baltics which owns and operates various vertical and generalist online classifieds portals in Estonia, Latvia, and Lithuania. Its online classifieds portfolio comprises vertical online classifieds portals, including vertical portals for automotive, real estate, and jobs and services, and a few generalist portals, offering a wide line of products. The main focus of the Group is operating online classifieds platforms for automotive, real estate, jobs and services, and general merchandise in the Baltics. lt generates revenue from fees for service packages based on the number of job ad postings; fees for short-term services including job ad promotion, job ads, and access to the resume database.

Yelp Inc operates in the online content market based in the United States. It provides a web-based platform and mobile application to bridge the gap between businesses and consumers. The platform assists consumers through product reviews, tips, photos and videos thereby enabling them in making better buying decisions and posting their feedbacks. Its products and services includes Advertising Products and Business Page Products. In addition, it also lets the buyers directly transact with businesses directly through its platform. Yelp generates revenue mainly from the sale of advertising on its website and mobile app to businesses. The company generates majority of the revenue from United States.

Carousell is a Singapore-headquartered classifieds platform enabling users to buy and sell second-hand goods via mobile app across fashion, electronics, cars, and home categories. Available in seven countries including Singapore, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, and Italy, it processes millions of listings monthly. Ranked number one shopping app in multiple markets, Carousell launched in August 2012 and expanded to 19 cities worldwide. Backed by Sequoia Capital, Rakuten Ventures, 500 Global, Golden Gate Ventures, and Quest Ventures, the platform features in-app chat, safe payment options, and seller tools for seamless transactions.

Quikr is a Bangalore-headquartered online classifieds marketplace operating across India. Users post and browse ads for real estate rentals, used vehicles, electronics, jobs, tuition services, events, and local businesses. Features include QuikrNXT for anonymous transactions, missed-call posting, and category-specific apps connecting millions of buyers and sellers nationwide.

ShopBack is a cashback and rewards portal dominant in Southeast Asia's e-commerce market. Singapore-headquartered with operations in Malaysia, Indonesia, the Philippines, Thailand, and Taiwan, it partners with over 1,300 merchants including Uber, Expedia, and Lazada to offer up to 30 percent cashback on purchases. Launched around 2014, it secured Gold and Silver awards at the 2015 Singapore Infocomm Technology Federation Awards and the Emerging Enterprise Award in 2016.

BuySell Technologies Co Ltd is engaged in providing internet-based reuse business. It offers purchase services from all over Japan to various sales services such as EC and special events. The company's products are kimono, stamps, coins, precious metals, jewelry, branded goods, watches, antiques, fur, liquor, among others.