📜 ⬆️ ⬇️

ru-Net Leonid Boguslavsky continues to invest in overseas e-commerce projects

According to the Kommersant publication, Leonid Boguslavsky invested € 5 million in the German online platform DaWanda. Earlier, the Boguslavsky fund ru-Net has already invested in this project. DaWanda is the largest Internet service in Europe that combines store products and entrepreneurs in the field of designer things and handicrafts.

In January, the ru-Net venture fund joined DaWanda investors in the closed round of 25 million euros. The American Insight Venture Partners, co-owner of DaWanda, who bought out the controlling stake, the fund of the German business incubator Rocket Internet and the investment company Kersiwood also participated in the round. The funds received will be used to further develop the project in the international market.

In 2013, ru-Net together with Insight Venture Partners invested 4 million euros in DaWanda, with an estimate of 50 million euros. Boguslavsky Foundation also has a share in the German Food Delivery Service Delivery Hero and in one of the largest Indian e-commerce platforms, Snapdeal.
')
DaWanda service is launched in 10 countries of the world, such as Germany, France, Italy, Spain, Poland and Switzerland. In 2014, the company's revenue amounted to 150 million euros. The project has the greatest profit in the markets of Germany and France. According to ru-Net, DaWanda's revenue increases on average by 100% per year. According to the company, the service has about 5 million subscribers and 3.5 million active buyers.

Andrei Romanenko, Managing Partner of Run Capital, notes: “Online retail has been in the top for investors for more than a year, but the latest trend is investing in niche projects with international scaling potential.”

A similar project ( “The Fair of Masters” ) exists in Russia. eBay also provides this kind of service. DaWanda's strongest competitor is the American Etsy service, which operates worldwide.

Etsy.com launched in 2005. In 2014, the company began to sell industrial goods, which affected its revenue: over the year it grew from $ 125 million to $ 196. However, the loss for the year increased 19 times (to $ 15.2 million).

It is known that in the near future Etsy plans to hold an IPO and raise $ 100 million.

Source: https://habr.com/ru/post/288986/


All Articles