The CrownX Revenue, Valuation, Funding & Investors

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.

Lalamove is a logistics platform operating in 21 markets across Asia and Latin America since its 2013 launch in Hong Kong as EasyVan. The service connects customers with driver-partners for deliveries completed in 55 minutes on average, matching in 12 seconds.

Snapdeal is an e-commerce marketplace offering deals on electronics, fashion, home appliances, and daily essentials across India. New Delhi-headquartered and launched in 2010, the platform leads in categories like watches, eyewear, and jewelry according to industry surveys. Snapdeal serves millions of customers through its app and website, backed by investors including Nexus Venture Partners and Bessemer Venture Partners.

Pinterest is a social media platform with a focus on product and idea discovery. Pinterest users, or pinners, can leverage the platform as they go about gathering ideas on topics such as home improvement, fashion, cooking, and travel. The company has more than 500 million monthly active users, two thirds of whom are female. Pinterest generates revenue by selling digital ads on its platform. While the platform’s user base spans the globe, the vast majority of its revenue stems from ads shown to North American users.

Allegro is a large Polish holding company with a suite of complementary online retail properties including Ceneo (price comparisons), EBilet (live events tickets), We|Do (courier services), and the Mall Group (online and offline retail in adjacent Central European markets). The firm is best known for its eponymous e-commerce marketplace, which generates predominantly third-party product sales across the home and garden, electronics, health and beauty, automotive, and supermarket categories. The operator boasts 45% to 50% share of the Polish e-commerce market by GMV, per our calculations and PWC data, and has built out a suite of ecosystem functionality that includes financial, logistics, and advertising services.

Vend Marketplaces ASA is a family of digital consumer brands with growing positions within online marketplaces in the Nordics. With effect from the fourth quarter of 2024, the operating segments are Mobility, Real Estate, Jobs, Recommerce and Delivery. It derives maximum revenue from Mobility Segment. Geographically, it operates in Norway, Sweden, Denmark, Finland and Others. Its brands include Blocket, Finn, Tori, Dba, Oikotie, Bytbil, qasa, and others.

Kakaku.com Inc. is a Japan-based internet company operating various web services. The company operates through four segments. The Incubation Business includes real estate and housing site Smity, travel review site Fort Travel, movie information site Movie.com, automotive site web CG, dynamic package systems, and the bus comparison site Bus Comparison Navi. The Job Box Business operates the job search site Job Box and job information site Jobcube. The Kakaku.com Business operates the purchasing support site Kakaku.com and engages in insurance services through Kakaku.com Insurance Co., Ltd. The Tabelog Business operates the restaurant search and reservation site Tabelog. It generates the majority of its revenue from the Tabelog business segment.

Kuaishou Technology is a social media platform where users create, watch, and share short-form videos. Approximately half of the company’s revenue comes from advertising. Additionally, Kuaishou generates revenue through livestreaming, where fans purchase virtual gifts to tip hosts. The platform also features livestreaming e-commerce, enabling users to buy products showcased in videos, with Kuaishou earning a commission on each transaction. Kuaishou’s primary competitors are ByteDance’s Douyin and Tencent’s Video Accounts. Notably, Tencent owns a 16% stake in Kuaishou.

Houzz is a Palo Alto-headquartered online marketplace for home design and remodeling that links homeowners with design professionals worldwide. The platform hosts the world's largest residential design image gallery, where users browse ideas, purchase furnishings from vendor shops, and hire architects, interior designers, and contractors. Houzz maintains offices in London, Berlin, Sydney, Moscow, Bangalore, Tel Aviv, and Tokyo to support its global community of homeowners and over one million professionals.

Mercari operates the largest consumer-to-consumer secondhand goods trading platform in Japan in Mercari, with over 23 million monthly active users and over JPY 1.1 trillion in gross merchandise value in fiscal 2022. We estimate that it currently has over 40% market share in the online C2C market, making it the top platform in Japan. It operates a domestic fintech business and a C2C marketplace app business in the US as well. Domestic business roughly accounts for over 95% of its total GMV.

Whatnot is a San Francisco-headquartered livestream shopping platform where buyers and sellers engage in real-time auctions for collectibles, fashion, electronics, and more.

Flutterwave is a Lagos-based payment infrastructure provider serving merchants, fintechs, and enterprises across Africa. The company processes transactions via cards, bank transfers, mobile money, USSD, and QR codes in over 30 countries including Nigeria, Kenya, Ghana, and South Africa. Flutterwave delivers APIs for payment acceptance, payouts, and virtual cards through products like Send, Collect, and Rave. Partnerships with Visa, PayPal, and banks like Zenith enable cross-border payments and e-commerce solutions for businesses such as Jumia and Konga.

KK Group is a Chinese online-to-offline marketplace for imported consumer goods. Shanghai-based, the platform connects mobile shoppers to physical stores in Europe and the US for duty-free purchases of luxury bags, cosmetics, and electronics. Launched in 2015, it fulfills orders via global logistics partners and serves 5 million users through its app.

Paytm Mall is the e-commerce marketplace arm of Noida-based One97 Communications, operating online and via mobile app for consumer goods in India. Launched in 2017, it features cashback deals, seller financing, and logistics through Paytm's network, serving fashion, electronics, and groceries with same-day delivery in major cities.

IAC Inc is comprised of businesses, including Angi Inc, Dotdash Meredith, and Care.com, among many others, ranging from early-stage to established businesses. Its Dotdash Meredith segment consists of its Digital and Print businesses. Care.com segment is an online destination for families to connect with caregivers for their children, aging parents, pets, and homes, and for caregivers to connect with families seeking care services. Search segment consists of a collection of websites providing general search services and information, and a Desktop business, which includes business-to-business partnership operations.

Uzum is a Tashkent-headquartered super-app ecosystem powering e-commerce and fintech in Uzbekistan and Kazakhstan. It encompasses Uzum Market for online retail, Uzum Bank for digital payments and loans, Uzum Delivery for logistics, and services like utility bill payments and ride-hailing. The platform integrates shopping, finance, and everyday utilities into one interface. Businesses leverage its marketplace to access millions of consumers across Central Asia.

hOp is a hyper-local community platform headquartered in Austin, Texas, founded in 2015, enabling neighbors to build customized online groups. Its app fosters communication for local events, marketplace sales, and neighborhood alerts, achieving five times the engagement of traditional social media in targeted areas.

Ziff Davis Inc is a digital media and internet company operating a portfolio of brands across technology, shopping, gaming and entertainment, health and wellness, connectivity, and cybersecurity. The company has five reportable segments. The Technology & Shopping segment generates revenue from advertising and commerce content. The Gaming & Entertainment segment provides content, subscriptions, and digital storefront services. The Health & Wellness segment offers digital tools and content for health management. The Connectivity segment provides data and analytics solutions for network performance. The Cybersecurity & Martech segment delivers cloud-based software for security and marketing. It generates the majority of its revenue from the Health & Wellness segment.