momox
Financials
Estimates*
EUR | 2016 | 2017 | 2018 | 2019 |
---|---|---|---|---|
Revenues | 148m | 173m | 196m | 246m |
% growth | - | 17 % | 13 % | 25 % |
Profit | 4.5m | 2.4m | 9.5m | 13.7m |
% profit margin | 3 % | 1 % | 5 % | 6 % |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Early VC | ||
N/A | Media For Equity | ||
N/A | Early VC | ||
N/A | Early VC | ||
N/A | Early VC | ||
N/A | Acquisition | ||
Total Funding | - |
Recent News about momox
EditMomox.de is a prominent online marketplace specializing in the purchase and resale of second-hand books, media, and fashion items. Serving a diverse clientele that includes individual consumers and small businesses, Momox operates primarily in the European market. The business model is straightforward: individuals sell their used items to Momox, which then refurbishes and lists these items for resale on its platform. Revenue is generated through the margin between the buying price and the selling price of these items. This model not only provides a cost-effective solution for consumers looking to purchase quality second-hand goods but also promotes sustainable consumption by extending the lifecycle of products. Momox's platform is user-friendly, offering a seamless experience for both sellers and buyers. The company leverages advanced algorithms to price items competitively and ensure quick turnover. Additionally, Momox has expanded its reach through various regional websites, enhancing its market penetration and customer base.
Keywords: second-hand, books, media, fashion, resale, sustainable, European market, online marketplace, refurbishment, cost-effective.