About eMAG
eMAG is a company based in Bucharest (Romania) founded in 2001.. eMAG has raised $100 million across 1 funding round from investors including Naspers. eMAG has completed 2 acquisitions, including Extreme Digital and Fashion Days. eMAG offers products and services including eMAG Platform, Delivery Services, and Payment Solutions. eMAG operates in a competitive market with competitors including JD.com, RTC, Doraly, Explorado and Domo, among others.
- Headquarter Bucharest, Romania
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Dante International S.A.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$100 M (USD)
in 1 rounds
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Latest Funding Round
$100 M (USD), Series D
Nov 16, 2017
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Extreme Digital
& 1 more
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Products & Services of eMAG
eMAG offers a comprehensive portfolio of products and services, including eMAG Platform, Delivery Services, and Payment Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Online service for buying electronics and fashion items
Options for product shipping and returns in Romania
In-app tools for installment payments and financing
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Funding Insights of eMAG
eMAG has successfully raised a total of $100M through 1 strategic funding round. The most recent funding activity was a Series D round of $100 million completed in November 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series D — $100.0M
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First Round
First Round
(16 Nov 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2017 | Amount | Series D - eMAG | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in eMAG
eMAG has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Naspers. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Global investments in early and growth-stage tech firms are conducted.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by eMAG
eMAG has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Extreme Digital and Fashion Days. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online fashion products are retailed across Central and Eastern Europe.
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2009 | ||||
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Application release automation software is provided for enterprise deployment.
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2001 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - eMAG
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Emag Comparisons
Competitors of eMAG
eMAG operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as JD.com, RTC, Doraly, Explorado and Domo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
An extensive online shopping platform is operated by JD.com.
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| domain | founded_year | HQ Location |
Office supplies for enterprises are distributed online by RTC.
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| domain | founded_year | HQ Location |
Functions as an online marketplace offering a wide range of multi-category products.
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| domain | founded_year | HQ Location |
Explorado operates an online store with a wide range of multi-category products.
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| domain | founded_year | HQ Location |
Multi-category products are offered via an online marketplace platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Emag
Frequently Asked Questions about eMAG
When was eMAG founded?
eMAG was founded in 2001 and raised its 1st funding round 16 years after it was founded.
Where is eMAG located?
eMAG is headquartered in Bucharest, Romania.
Who is the current CEO of eMAG?
Iulian Stanciu is the current CEO of eMAG.
Is eMAG a funded company?
eMAG is a funded company, having raised a total of $100M across 1 funding round to date. The company's 1st funding round was a Series D of $100M, raised on Nov 16, 2017.
What does eMAG do?
eMAG was established in 2001 and is based in Bucharest, Romania. Operations focus on e-commerce, with a platform that lists items in categories including electronics, appliances, groceries, apparel, personal care, and sports gear. Access to the inventory is enabled via a mobile app compatible with Android and iOS systems. The service supports diverse consumer needs across these sectors.
What products or services does eMAG offer?
eMAG offers eMAG Platform, Delivery Services, and Payment Solutions.
How many acquisitions has eMAG made?
eMAG has made 2 acquisitions, including Extreme Digital, and Fashion Days.
Who are eMAG's investors?
eMAG has 1 investor. Key investors include Naspers.