What is Jualo.com? Jualo.com Review

What is Jualo.com? Jualo.com Review
Jualo.com is an Indonesian electronic classifieds website that allows users to acquire or offer goods and services. Payments are made through an escrow system, which means that users have a degree of security when buying or selling tradable and transportable items. Founded in 2014

history

Jualo.com was founded by Chaim Fetter in 2014. At the time, he had only 15 employees, including web developers. The initial team consisted of five people.

Jualo.com innovated the buy-sell e-classifieds concept in Indonesia by launching escrow payment, geo-search and home delivery 3PL integration.

In early 2016, the company had millions of visitors per month and hundreds of thousands of new product public listings. Jualo.com attracted Series A funding from Singapore-based NSI Ventures and Susquehanna International Group. Existing investors include Indonesia-based venture capital firms Alpha JWC Ventures and Mountain Kejora.

In April 2017, João Pedro Principe, who joined Jualo.com in June 2016, took over as CEO.

Jualo.com has a close relationship with the non-profit organization Yayasan Peduli Anak (YPA) as they share a common founder. Jualo.com provides operational support to YPA in Jakarta, while YPA operates mainly in Lombok and Sumbawa.

In 2018, Jualo.com had 4 million monthly active users and facilitated $1 billion worth of transactions. In the same year, the company was acquired by Carro (a Singaporean e-commerce company).

In March 2020, Manisha Seewal became the CEO of Jualo.com.


References

    <<:  What is Blibli? Blibli Review

    >>:  What is Bol.com? Bol.com Review

    Recommend

    Prime Day orders surge! Sellers: We are just shouting at a loss

    As time turns to July 18, the much-anticipated Ama...

    What is Extra? Extra Review

    Extra is the largest online shopping mall for home...

    Recommended collection! "Dangerous goods" in Amazon categories

    Amazon's official definition of dangerous goo...

    Shein's US platform is launched, Anker is one of the first brands to join

    On May 4, Shein officially announced that it will ...

    What is Bicoo Technology? Bicoo Technology Review

    Founded on October 11, 2016, Bigoo Technology (Xia...

    What is eClincher? eClincher Review

    eClincher enables you and your team to accelerate ...

    What is Overgrowth? Overgrowth Review

    Overgrowth is a branding and social proof tool des...

    Amazon union vote results are out! Will sellers suffer again?

    Sellers often complain that in Amazon's eyes, ...