Ricardo Group

Ricardo Group

Operates leading online marketplaces in five Western European countries. Learn more
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DateInvestorsAmountRound
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N/A

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Early VC

€230m

Valuation: €230m

Acquisition
Total Funding-

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Ricardo.ch is Switzerland's largest online marketplace, specializing in both auctions and direct sales. The platform caters to a wide range of customers, from individual buyers and sellers to small businesses, offering a diverse array of products including design pieces, unique coins, stamps, electronic appliances, and even tractors. With a user base of over 3 million members, Ricardo.ch provides a dynamic and engaging experience, highlighted by the thrill of winning auctions and making great deals.

Operating primarily in the Swiss market, Ricardo.ch leverages its strong brand awareness, which exceeds 90%, to attract and retain users. The business model is based on transaction fees from sales and premium listing options, ensuring a steady revenue stream. The company also benefits from advertising revenue, given its high traffic and engaged user base.

Ricardo.ch employs a creative and technical team that works collaboratively to enhance the buying and selling experience. The company has multiple locations, including offices in Belgrade, Serbia; Valbonne, France; and Zug, Switzerland, allowing it to tap into a diverse talent pool.

Keywords: online marketplace, auctions, direct sales, Switzerland, diverse products, user engagement, transaction fees, premium listings, advertising revenue, brand awareness.

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