MyDeal
Developer of an online retail marketplace created to provide a platform for small businesses that want to sell products online. The company's online retail marketplace supplies the infrastructure for e-commerce providing customer support, shipping an.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
* | AUD243m Valuation: AUD243m | Acquisition | |
| Total Funding | 000k | ||
Related Content
MyDeal.com.au is an online marketplace that specializes in providing a diverse selection of products including furniture, homewares, appliances, technology, baby and kids' items, and hardware. Catering primarily to Australian consumers, MyDeal operates in the e-commerce sector, leveraging a proprietary platform to facilitate seamless transactions. The business model revolves around connecting buyers with a variety of sellers, offering competitive pricing and frequent discounts. Revenue is generated through sales commissions and listing fees from vendors. Additionally, MyDeal enhances customer convenience by offering flexible payment solutions such as Afterpay and ZipPay, allowing purchases to be paid in installments without additional costs if paid on time. This approach not only broadens the customer base but also encourages higher spending per transaction.
Keywords: e-commerce, marketplace, furniture, homewares, appliances, technology, flexible payments, Afterpay, ZipPay, Australia.