Dawanda is a German handicraft e-commerce platform. In addition to Germany, there are also many buyers in the UK and France. It is equivalent to the European version of ETSY. The platform was first launched in Germany and currently has English, French, Dutch, Spanish, Italian and Polish versions. Website : https://en.dawanda.com/ Nature: Handicraft platform Closing time: August 2018OverviewFocus on the sale of handmade, unique, customized, and restored products Sellers can sell directly to consumers, and DaWanda charges a certain commission Sellers can create and customize store pages at no additional cost introduceThe platform has 5.2 million buyers and approximately 270,000 sellers, with 200 million page views and 20 million visitors per month. Dawanda's sales data is amazing: on average, one piece of clothing is sold every minute, one accessory is sold every 30 seconds, and one piece of jewelry is sold every 20 seconds. Development HistoryIn November 2011, the company received €4 million in funding from venture capital firms Vorwerk Direct Selling Ventures and Piton Capital. In 2012, DaWanda plans to open offices in other European countries. In January 2015, U.S. investor Insight Venture Partners took over DaWanda, holding a 55.7% stake in the company at the time. In 2016, the company lost 4.2 million euros. The company's founder Michael Putz left the platform in the same year. - In June 2017, DaWanda announced layoffs at its Berlin headquarters and branches in Poland and Spain. In June 2018, it was reported that DaWanda planned to shut down the platform completely by the end of August 2018. At the same time, competitor Etsy announced that it would not take over the company itself, but its sellers. |
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