About IDDO
IDDO is a company based in Kaunas (Lithuania) founded in 2022. It operates as a D2C, and B2C. IDDO offers products and services including ENCHANTÉ Bed, Furniture Rental Service, Oak Shelves, and Decor Accessories. IDDO operates in a competitive market with competitors including La-Z-Boy, Knoll, Vilniaus Baldai, Tulikivi and Laura Ashley, among others.
- Headquarter Kaunas, Lithuania
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RetailConsumer
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Products & Services of IDDO
IDDO offers a comprehensive portfolio of products and services, including ENCHANTÉ Bed, Furniture Rental Service, Oak Shelves, and Decor Accessories. 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.
Modern bed crafted from oak for comfortable sleeping.
Temporary rental of modern furniture items.
Functional shelves made from natural oak wood.
Items like handles and accents for home enhancement.
Funding Insights of IDDO
| 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 |
Investments & Acquisitions by IDDO
| 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 |
Financial Statements - IDDO
| 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 |
Iddo Comparisons
Competitors of IDDO
IDDO 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 La-Z-Boy, Knoll, Vilniaus Baldai, Tulikivi and Laura Ashley, 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 |
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| domain | founded_year | HQ Location |
Home furniture is manufactured and retailed by La-Z-Boy.
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| domain | founded_year | HQ Location |
Modern furniture for homes and offices is designed and manufactured.
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| domain | founded_year | HQ Location |
Furniture production company
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| domain | founded_year | HQ Location |
Fireplaces and heaters are produced as Tulikivi's private label brand.
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| domain | founded_year | HQ Location |
Home goods are retailed online and through international stores.
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| domain | founded_year | HQ Location |
Provides stylish sofas, sleepers, lounge chairs, and outdoor furniture solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about IDDO
When was IDDO founded?
IDDO was founded in 2022.
Where is IDDO located?
IDDO is headquartered in Kaunas, Lithuania.
What does IDDO do?
Iddo is an online platform specializing in modern furniture made from natural materials like oak wood. They offer products such as beds, shelves, and decor, emphasizing sustainability and customization. Based in Kaunas, Lithuania, they provide delivery services and focus on Scandinavian-inspired designs for consumers seeking functional, minimalist home solutions. Their activities include e-commerce sales and furniture rental, serving customers in the Baltic region with high-quality, eco-friendly items.
What products or services does IDDO offer?
IDDO offers ENCHANTÉ Bed, Furniture Rental Service, Oak Shelves, and Decor Accessories.