In may 2019 service resale used Android smartphones SmartPrice attracted a new, third round of investment, told Forbes co-founder Alexander Chernyak. $2.5 million was invested in the project of the Russian Fund ExpoCapital and a number of foreign business-angels — Teodoro D’ambrosio and Marco jacks (in the list of projects in the portfolio — Airbnb, Beepi, Dreamlines, NU3, Carprice, etc.), as well as Campus Ljunggren (Swiss-Italian business angel).
SmartPrice — a project started in 2017, the co-founders of the service-sale of used cars CarPrice Alexander Chernyak and Artem Bolshakov. The service is offered chain stores of mobile electronics to work for the trade-in program: the client may come in “Svyaznoy”, “MegaFon”, MTS and other stores and donate your old phone, get a discount on a new one. Used machines SmartPrice at mobile phone stores buys, restores and sells on his website (the level of margins is not revealed), giving a guarantee of three months. “Consumers have the opportunity to monetize older mobile equipment, which usually is a dead weight at home, and salons to increase sales of new phones due to the unusual marketing,” explains Chernyak. According to him, by the end of 2019 the number of redeemed phones is expected to reach 700 000 units.
“In may this year we came to break even, and today SmartPrice actually not in need of funds of portfolio investors. However, we have decided to accelerate the development of the company through foreign capital. Our immediate plans — access to the Customs Union countries, first of all, the organization of work in Belarus, Kazakhstan and Uzbekistan. The launch of the service trade-in with local leading retailers will take place this summer”, — says the new round of investment Vladislav Ovchinnikov, CEO and co-owner SmartPrice.
The transaction Forbes confirmed representative ExpoCapital and investor Marco jacks. “SmartPrice is a unique project on the Russian market. Very little competition, huge free the unorganized secondary market of smartphones and tablets,” says managing Director ExpoCapital Nikita Ryauzov. “I know the business model of a successful Brazilian service Trocafone heard that someone runs like that in Russia. Got in touch with [co-founder CarPrice] Oscar Hartmann — I invested in it CarPrice through a venture Fund — and asked him to introduce me to the team, told Forbes jacks. The model proved a success in many countries. Russia is a big market, and we are confident that SmartPrice will be able to win it”.
According to managing Director ExpoCapital, the Fund acquired less than 10% of the company, the investment amount was not disclosed. Jack refused to name the redeemed share, but said that his investments did not exceed $0.5 million According to Artem Bolshakov, the founders remained more than 50% of the company. The project works on behalf of Mobitekh, OOO Cypriot “MOBI-chans holding LTD”.
But output in the CIS, the founders plan to spend the funds to start their own retail chain of stores for used phones under the brand SmartPrice, shared with Bolshakov. The network should begin by the fall of 2019, he said.
Since the launch of the SmartPrice collectively raised $5.25 million — $250,000 in June 2017 from the number of business angels and Brazilian Trocafone (works similar to SmartPrice business model in Brazil and Argentina), $2.5 million in April 2018 from private investors and foundations, which was ExpoCapital. Before starting SmartPrice Chernyak and Bolshakov, together with Oscar Hartmann and Eduard Gurinovich developed a service for the sale of used cars online and offline CarPrice.
20 most expensive companies web — 2019. The Forbes
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In 2018, the ecosystem of “Yandex” added services “Yandex. Cloud”, “Yandex. Dialogues”, “Yandex. Plus” and “Yandex. Drive”. In February of 2018 closed the transaction on Association “Yandex. Taxi sector” in Russia and five neighboring countries. The share of “Yandex” in the new company worth more than $3.8 billion was 59.3%. Also “Yandex” bought an aggregator of discounts “Edadil” and 83.3% of service delivery of grocery sets “Party food”.
2. Mail.ru Group
Mail.ru Group continues rivalry with Yandex to diversify an online business. In the beginning of 2018, the group bought eSports holding ESforce for $100 million, and in April launched an online service medicines, “All the pharmacies”. In the fall of 2018, the group received about 18% stake in the online taxi service “Citymobil” and agreed with Chinese Internet giant Alibaba to build an online retailer AliExpress Russia.
Largest free classified ads website in Russia was founded by Swedish Jonas Nordlander and Filip Engelbert. The service was earned mostly on the service for the promotion of advertisements. For the year 2018, the number of users has grown from 32 million to 35 million people per month. In January 2019 Fund Naspers bought 29.1 percent of the company’s shares for $1.16 billion, bringing its stake to 99.6%. So the service received a valuation of $3,85 billion
Founded in early 2000-ies Wildberries company started with the sale of clothing through catalogs. Now it is the largest online retailer, the revenue of which is growing every year. The founders, wife of Bakalchuk, once admitted to Forbes that you never imagined that will create a superproject. But by the end of 2018, the revenue of their company exceeded 100 billion rubles, and assessment of capitalization — $1 billion
5. Ozon Group
In March 2018 MTS has invested in online retailer Ozon 1.15 billion rubles, having increased its share from 11.2% to 13.7%. Later, the Telecom giant has increased its share already to 16.66%, the transaction amount was not disclosed. The funds raised Ozon invests in infrastructure and new projects. In 2018, he received a license for pharmaceutical activity and began to deliver the medication at home.
HeadHunter is a leading sites for job search in Russia and CIS countries. In 2017, the service has announced plans to go public in 2018 on the NASDAQ. He hoped to attract investors $250 million, which would mean a valuation of $500 million eventually, according to some, the deal was called into question because of the stringent U.S. sanctions, adopted in April 2018.
“Citylink” is the only online retailer on the Forbes list, which specializiruetsya in electronics trade. The company is actively increasing its presence in offline: the number of its stores increased from 44 to 80. The retailer has a network of 470 points for issuing and receiving orders “Sitilink-mini”. By the end of 2019, the company plans to increase the number of stores to 200, own collection points to 600.
In 1999, Novosibirsk businessman Alexander Sysoyev came up with to unite the city map directory. Today the service is used monthly 45 million people from 370 cities in nine countries. In 2018, the American company Apple has included data 2GIS in the standard Maps app. In addition to maps in the service of 2GIS also presented about 60 free travel guides to different countries.
The last few years, online retailer of clothing and footwear Lamoda is actively developing b2b-direction: the shops-partners had the opportunity to use the logistics and infrastructure of the company. Now on this model Lamoda has partnered with 20 major brands. In 2019 Lamoda plans to open its first offline store of almost 1000 sq. m.
In 2018 the revenues of the largest Russian online cinema ivi has increased by more than half. Pay model in its structure became the main, finally overtaking is. According to the founder of the service, Oleg Tumanov, by 2020, the ivi may go for an IPO on the NASDAQ, if you keep the pace of growth. Recently the service became available on consoles for the TV Roku in the US, Canada and UK.
Service for search and reservation of air tickets Aviasales belongs to the structure of the Go Travel Un Limited with its headquarters in Phuket. For 2018, the year its audience has grown from 10 million to 12 million unique users per month. In early 2018, the company entered the market of Kazakhstan, which earned the website aviasales.kz and in July launched together with the Amazon search portal for tours and tickets avitotravel.ru.
The idea of the service belongs to Serhiy Kuznetsov, who, as a graduate student of MIPT, worked as a tutor and in 2006 created a website for search orders “Your tutor”. Later he was joined by Egor Rudi, they combined several projects into one Profi.ru. The service earns a Commission with each service provided. In 2018 through Profi.ru carried 2.8 million orders.
Internet-shop “Onlinetrade.ru” sells products in 30 categories, including electronics, appliances, pharmaceutical and cosmetic products, furniture, clothing and even food. Its network is comprised of 390 points of delivery of the goods in 102 cities of Russia. The retailer handles more than 16,000 orders daily. In 2018 he launched in Khimki transport and logistics complex with an area of 23 000 sq. m.
Online English school Skyeng has developed rapidly over the year 2018, the number of teachers registered on the site increased from 2200 to 5440 people, and students from 19 500 to 52 500. The company’s revenue has doubled compared to the 2017 year. In January 2018 Skyeng attracted funding from the investment Fund Baring Vostok, said the deal valued the startup at about $100 million
The company originated as a joint venture Sergey Ryzhikov (Bitrix) and Boris Nuraliev (1C) and the development of a management system websites and online projects. Initially, the main income came from the sale of licenses to web design and web development (more than 15,000), but now most of it provides “Bitrix24”, which develops CRM and service management business in Russia and around the world.
Technology company that grew out of the branch of the investment company “Severgroup” Alexey Mordashov. 2017 brings together several projects in the field of education and employment: “Netology”, “Foxford”, “Repairman.ru”, FL.ru, Potok, JungleJobs. The largest project of the group — “netology-group”, included into the structure in August 2017, provides about 80% of annual revenue.
17. CYANOGEN Groups
In five years the portal cian.ru turned into blockbuster service rental and sale of real estate. Now his audience of more than 12 million people per month. In 2018 CYANOGEN announced the launch of the service a mortgage approval from banks: buyer fills out a questionnaire online, choose the suitable offer, refers to the Bank scans documents and receives the consent or waiver.
B2B-Center helps large organizations to select contractors for complex services and look for expensive industrial equipment. In 16 years on the court has been more than 1.1 million trading on 16.1 trillion rubles. In January 2019 B2B-Center has launched a B2B-Start for medium-sized businesses to participate in tenders for it, every registered company, in this case an electronic signature is not required.
The launched portal Superjob Alexei Zakharov, then owned by the developer of sites “Triumvirate development”. For 19 years, the service has not changed the founders. The company has a non-profit direction “vocational Guidance” – experts Superjob are in universities with lectures on how to build a career. According to Forbes, Superjob has a share of more than 20% in the market of online services for job search.
The service YouDo unites customers and providers of different jobs: courier services and freight, repair, cleaning, computer help. On the website generated more than 4 million jobs and was around 1 million performers, from which the fee is charged for information about their services. In 2018, MTS bought a 13.7% stake in service for $12 million Earlier in the project, invested venture Fund Sistema Sistema VC.
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