DistroKid Acquisition, Valuation, Funding & Investors

Gelato is an Oslo, Norway-headquartered print-on-demand platform operating in 30 countries. It connects entrepreneurs, creators, and brands to local production facilities serving up to 5 billion consumers for customized products like apparel, posters, and mugs. Thousands of businesses integrate its software and APIs for e-commerce scaling, with offices in Boston, London, Moscow, Mumbai, Santiago, São Paulo, Shanghai, Stockholm, Tallinn, and Tokyo.

Beijing United Information Technology Co Ltd operates business to business e-commerce platform. The company provides online commodity trading, commercial information services, and Internet technology for industrial products and raw materials for related industries. It also provides online commodity trading services for upstream and downstream industries such as coating chemicals, sanitary products, and glass, including self-operated e-commerce, third-party e-commerce, and SaaS services.

Zhenkunxing is a Beijing-headquartered e-commerce platform delivering supply chain solutions for industrial products. It stocks over 4 million SKUs across 28 categories such as personal protective equipment, hand tools, metal processing machinery, fasteners, measurement instruments, and chemicals. The platform connects manufacturers with suppliers through digital procurement tools and intelligent logistics services, serving sectors like manufacturing, construction, and energy. Zhenkunxing operates nationwide in China with warehouses in multiple provinces, facilitating one-stop purchasing for maintenance, repair, and operations needs.

Tuduoduo is a Hangzhou-based B2B e-commerce platform specializing in raw materials and industrial products for manufacturing sectors. Launched in 2018, it integrates digital supply chain management, IoT-enabled procurement, and big data analytics to connect over 1 million suppliers with buyers in chemicals, metals, textiles, and machinery categories. The platform operates across China with logistics hubs in Shanghai and Shenzhen, offering blockchain-verified transactions and intelligent manufacturing tools for SMEs.

Moglix is a Noida-headquartered e-commerce marketplace for industrial products serving manufacturing, construction, and logistics sectors across India and Southeast Asia. It stocks over categories including MRO supplies, safety gear, power tools, electrical equipment, cleaning products, and office essentials from brands like Bosch, 3M, and Honeywell. The platform facilitates bulk procurement with same-day delivery in major cities.

Infra.Market is an Indian supplier of construction materials, founded in 2016 by Souvik Sengupta and Aaditya Sharda, that began as a business-to-business procurement marketplace and now also manufactures its own brands. It sells concrete, steel, pipes, plywood, tiles, paints, electricals and other products to developers, contractors and retailers across India and exports to several countries. Its brands include RDC, Shalimar Paints, Emcer and Equiphunt. The company reported consolidated revenue from operations of INR 14,530 crore and EBITDA of INR 1,096 crore for the year to March 2024, with profit after tax of INR 378 crore. It is backed by Accel, Nexus Venture Partners and Tiger Global, was valued at about $2.5 billion in 2021, and has been preparing for a stock market listing. It has bought RDC Concrete, Strata Geosystems, Equiphunt and a majority stake in Metro Group.

GrubMarket is a San Francisco food-technology and distribution group founded in 2014. It operates a business-to-business network of fresh-produce, meat, seafood and specialty-food distributors across the United States and other North American markets. The group buys established wholesalers and gives them access to shared sourcing, e-commerce, routing, inventory, finance and customer-management systems, including the WholesaleWare software suite. Grocery retailers, restaurants, foodservice operators, online grocers and other distributors are its core customers. Revenue comes from wholesale food margins, logistics, software subscriptions and marketplace services. The company has assembled its footprint through a sustained acquisition programme while retaining many local operating teams and supplier relationships.

CADDi is a Tokyo-headquartered AI data platform providing procurement intelligence for manufacturing supply chains. The company operates an online ordering system for industrial products and deploys Realize DX software to lower procurement costs, boost quality, cost, and delivery metrics, and increase operational capacity. CADDi tracks parts data for sectors like automotive and electronics, enabling Japanese and global manufacturers to optimize sourcing and inventory management.

Dutchie is a Bend, Oregon-headquartered technology platform that equips cannabis dispensaries with point-of-sale systems, e-commerce storefronts, inventory management, and compliance tools. Founded in 2017, the company powers over 8,000 stores across North America, enabling online ordering, payments, and delivery integrations. Dutchie supports brands like Pax and Hasbro through its marketplace and provides analytics for retailers in 38 states.

Jumbotail is a Bengaluru-based B2B e-commerce marketplace for food and grocery distribution in India. Launched in 2021 with $25 million in funding from Tiger Global, it connects 50,000 kirana stores to 1,000 brands for staples, packaged foods, home care, and personal care products. Services include logistics, POS integration, and credit for retailers.

Salla is a Riyadh-headquartered e-commerce platform tailored for Saudi Arabia and Arabic-speaking markets. Merchants build branded online stores with custom domains, manage inventory via web and mobile apps, generate automatic invoices, integrate with Instagram shopping, access customer databases, apply discounts, and utilize analytics reports for sales optimization.

Bizongo is a Mumbai-headquartered B2B e-commerce platform specializing in packaging materials, plastics, textiles, and apparel. It connects buyers directly with a network exceeding 1,500 verified manufacturers across India. The platform facilitates end-to-end supply chain processes including procurement, inventory financing, quality checks, and logistics delivery. Launched in 2015, Bizongo serves fast-moving consumer goods brands and exporters by digitizing sourcing for customized products. Its SaaS tools enable real-time pricing, order tracking, and payment reconciliation to streamline operations in fragmented markets.

Alibaba Group is a Chinese technology company headquartered in Hangzhou, Zhejiang, founded on 28 June 1999 by Jack Ma and 17 friends and students as the business-to-business marketplace Alibaba.com. It operates China's largest consumer marketplaces, Taobao (consumer-to-consumer) and Tmall (business-to-consumer), the global B2B site Alibaba.com and domestic wholesale platform 1688, alongside international e-commerce, Alibaba Cloud, the Cainiao logistics network, local consumer services and digital media and entertainment businesses, reorganised in 2023 into six business groups. It earns revenue mainly from merchant advertising and commissions on its marketplaces, plus cloud computing, logistics and direct sales. Early backers included Goldman Sachs, SoftBank and Investor AB, which invested $25 million in October 1999. Its September 2014 New York Stock Exchange IPO raised $25 billion, then the largest in history, giving it a market value of $231 billion, and in January 2018 it became the second Asian company to pass a $500 billion valuation. Joseph Tsai became chairman and Eddie Wu chief executive in 2023.

Create Music Group is a Los Angeles-headquartered music technology company providing digital distribution, publishing, sync licensing, rights management, A&R, marketing, and recording services to independent artists. Notable clients include Marshmello, 6ix9ine, and Tory Lanez. The company also runs Flighthouse, a TikTok brand with 28 million followers engaging youth audiences.

Epidemic Sound is a Stockholm-based music licensing company offering a catalog of over 40,000 tracks across 180 genres for video creators. Subscribers access unlimited downloads cleared for YouTube, TikTok, and broadcast use worldwide. Founded in 2009, it employs in-house composers and serves millions of users monthly.

JOYY Inc is a technology company. The Company operates several social products, including Bigo Live for live streaming, Likee for short-form videos, Hago for multiplayer social networking, an instant messaging product, and others. The Company operates through two segments: BIGO and All other. The BIGO segment consists of several social entertainment platforms, including Bigo Live, Likee, imo, and others. The All other segment consist of Hago, Shopline, and certain audio live streaming platforms.

S!NG is a digital platform headquartered in Seattle, Washington. Launched in 2019, it enables musicians and creators in the music industry to securely share and manage intellectual property including ideas, trademarks, copyrights, business plans, and collaborations. Services encompass instant notary functions, non-disclosure agreements, and hosted collaboration tools accessible via mobile devices worldwide.

Modivo SA operates in the footwear and apparel segment across multiple European markets. The group follows an omnichannel retail model that includes a network of physical stores and e-commerce platforms. Its operations are conducted under several brands, including CCC, HalfPrice, eobuwie.pl, MODIVO, Worldbox, and Boardriders.