JOKR Valuation, Funding & Investors

Benlai Holding Group is a Shanghai-headquartered e-commerce operator focused on fresh groceries across China. Established in 2012, it sources produce, seafood, meats, dairy, and packaged goods directly from farms and suppliers for same-day delivery in major cities including Beijing, Guangzhou, and Chengdu. The platform maintains cold-chain logistics infrastructure and quality assurance labs to uphold food freshness standards, positioning itself as a key player in the daily shopping category.

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.

inDrive (formerly inDriver) is a global, peer-to-peer ride-hailing and urban services platform. It stands out from competitors by allowing passengers and drivers to directly negotiate fares, bypassing traditional surge-pricing algorithms. Operating in over 1,000 cities across 48 countries, it is the world's second most downloaded mobility app.

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.

Yimidida is a Shanghai-headquartered logistics platform that enables crowd-sourced delivery to rural villages throughout China. Founded in 2015, it streamlines product shipments with features including payment collection, transport insurance coverage, return receipt handling, real-time delivery tracking, dispatch optimization, and truck deployment improvements. The service ensures swift order fulfillment regardless of customer location in remote areas.

GoTo is an Indonesian ecosystem that combines ride-hailing, delivery, and financial services under one app. The company operates primarily in Indonesia and is the product of a merger between Gojek and Tokopedia in May 2021, but recently divested the e-commerce business into a combined entity with TikTok Indonesia in 2024. Looking ahead, we expect the on-demand service to account for the majority of revenue while its financial services begin to ramp. Prior to the deconsolidation, 82% of nonfinancial services gross transactional value came from e-commerce, and the firm will begin to expand into financial services such as providing loans and buy now, pay later programs. The company competes with Grab in the ride-hailing and delivery business.

Weidian Group is a Guangzhou-based developer of e-commerce platforms tailored for WeChat integration. The service enables merchants to create SaaS-based online stores, manage inventory, process payments, and engage customers via social networks. Popular among small businesses and community shops, it supports product uploads across WeChat channels, serving millions of sellers in China's domestic market.

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).

Ninja is an Abu Dhabi-based quick commerce operator delivering groceries and daily essentials within 10 minutes. Launched in UAE, it operates dark stores in major cities and expands through hyperlocal fulfillment networks.

Amsterdam-based Picnic runs a tech-powered grocery delivery service across the Netherlands, functioning as a modern milkman for fast-moving consumer goods ordered via mobile app.

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.

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.

Chongqing-headquartered Zhubajie is China's largest online marketplace for professional services, established in 2006. The platform facilitates non-standard service transactions in areas such as logo design, programming, intellectual property management, and finance, connecting businesses with skilled professionals and institutions nationwide. It listed on the Hong Kong Stock Exchange in 2018.

Ganji is a Beijing-headquartered classifieds platform operating as part of 58.com Group following their 2015 merger. The site lists real estate rentals, job postings, used cars, and second-hand goods across 300 Chinese cities including Shanghai, Guangzhou, and Chengdu. Launched in 2005, it attracted 890,000 daily postings by mid-2011 and raised $70 million in Series C funding from Sequoia Capital and Capital Today. Ganji maintains offices in major hubs and focuses on local services like tickets and group buys.

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.

DealShare is an India-based social e-commerce platform enabling group buying of consumer products like groceries, beauty items, and electronics, targeting non-metro and rural users via mobile and social sharing.

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.

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.