Mercadao

Matosinhos, Portugal Founded: 2018 • Age: 8 yrs Acquired By Glovo
Cashback is provided on online purchases across multiple categories.
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About Mercadao

Mercadao is a company based in Matosinhos (Portugal) founded in 2018 was acquired by Glovo in September 2021.. Mercadao operates in a competitive market with competitors including GetPlus and Australian Natural Proteins, among others.

  • Headquarter Matosinhos, Portugal
  • Sectors
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Glovo

    (Sep 14, 2021)

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People of Mercadao
Headcount 500-1000
Employee Profiles 11
Employee Profiles
People
Inês Vicente
Customer Care Assistant
People
David Garcia
Shopper
People
Eduardo Madureira
Personal Shopper
People
Ana Rita Figueiredo
Assistente De Auditoria

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Funding Insights of Mercadao

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Mercadao

Mercadao has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Glovo. 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.

All
Institutional
Investor Description Founded Year Domain Location
Online marketplace offering multi-category grocery products
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Mercadao

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Mercadao

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Mercadao Comparisons

Employees
+
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Competitors of Mercadao

Mercadao 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 GetPlus and Australian Natural Proteins, 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
App-based platform offering rewards
domain founded_year HQ Location
Provides high-quality sports supplements and clothing for fitness enthusiasts.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Mercadao

Frequently Asked Questions about Mercadao

When was Mercadao founded?

Mercadao was founded in 2018.

Where is Mercadao located?

Mercadao is headquartered in Matosinhos, Portugal.

What does Mercadao do?

Mercadao was established in 2018 in Matosinhos, Portugal, as an online platform in the e-commerce sector. Cashback is offered on transactions involving supermarkets, sports accessories, travel, food and nutrition, entertainment, spa services, and additional categories. Delivery services are facilitated to support user convenience in these areas. Operations focus on enabling cost savings through rebates on everyday and specialized shopping.

Who are the top competitors of Mercadao?

Mercadao's top competitors include GetPlus and Australian Natural Proteins.

Who are Mercadao's investors?

Mercadao has 1 investor. Key investors include Glovo.

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