MyDeal

MyDeal

Developer of an online retail marketplace created to provide a platform for small businesses that want to sell products online. The company's online retail marketplace supplies the infrastructure for e-commerce providing customer support, shipping an. Learn more

Launch date
Employees
Market cap
CAD240m
Enterprise valuation
CAD212m (Public information from Oct 2022)
Company register number 150104715
Melbourne Victoria (HQ)
  • Edit
DateInvestorsAmountRound
-

N/A

-

$150k

Angel

$5.0m

Late VC
*
N/A

AUD40.0m

IPO
*

AUD243m

Valuation: AUD243m

Acquisition
Total FundingCAD7.0m

Recent News about MyDeal

Edit
More about MyDealinfo icon
Edit

MyDeal.com.au is an online marketplace that specializes in providing a diverse selection of products including furniture, homewares, appliances, technology, baby and kids' items, and hardware. Catering primarily to Australian consumers, MyDeal operates in the e-commerce sector, leveraging a proprietary platform to facilitate seamless transactions. The business model revolves around connecting buyers with a variety of sellers, offering competitive pricing and frequent discounts. Revenue is generated through sales commissions and listing fees from vendors. Additionally, MyDeal enhances customer convenience by offering flexible payment solutions such as Afterpay and ZipPay, allowing purchases to be paid in installments without additional costs if paid on time. This approach not only broadens the customer base but also encourages higher spending per transaction.

Keywords: e-commerce, marketplace, furniture, homewares, appliances, technology, flexible payments, Afterpay, ZipPay, Australia.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.