Online Liquidation Auction

Cleveland, United States Founded: 2014 • Age: 12 yrs
Online platform for bidding on overstock and returned retail items.
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About Online Liquidation Auction

Online Liquidation Auction is a company based in Cleveland (United States) founded in 2014 by Bogdan Garasimchuk. It operates as a B2C, and D2C. Online Liquidation Auction offers products and services including OLA App and Auction Services. Online Liquidation Auction operates in a competitive market with competitors including BiddingForGood, AuctionRover, Swoopo, Auction and Equip-bid, among others.

  • Headquarter Cleveland, United States
  • Founders Bogdan Garasimchuk
  • Sectors
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Online Liquidation Auction Llc
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of Online Liquidation Auction

Online Liquidation Auction offers a comprehensive portfolio of products and services, including OLA App and Auction Services. 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.

Primary

Mobile app for bidding on liquidation items and tracking auctions

Services for placing bids and arranging item pickup or delivery

Funding Insights of Online Liquidation Auction

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

Investments & Acquisitions by Online Liquidation Auction

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 - Online Liquidation Auction

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

Online Liquidation Auction Comparisons

Employees
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Competitors of Online Liquidation Auction

Online Liquidation Auction 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 BiddingForGood, AuctionRover, Swoopo, Auction and Equip-bid, 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
Multi-category product auctions are hosted for online fundraising.
domain founded_year HQ Location
Simultaneous online auctions are crawled to find optimal item deals.
domain founded_year HQ Location
Online platform for bidding on auctions and purchasing discounted products.
domain founded_year HQ Location
Multi-category consumer products are auctioned through an online platform.
domain founded_year HQ Location
Multi-category products are auctioned online through Equip-Bid platform.
domain founded_year HQ Location
An online auction marketplace for consumer products is provided.
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 Online Liquidation Auction

Frequently Asked Questions about Online Liquidation Auction

When was Online Liquidation Auction founded?

Online Liquidation Auction was founded in 2014.

Where is Online Liquidation Auction located?

Online Liquidation Auction is headquartered in Cleveland, United States. It is registered at Cleveland, Ohio, United States.

What does Online Liquidation Auction do?

OLA Auction operates as an online liquidation platform where users bid on items like shelf pulls, overstock, and returns from major retailers. It allows free registration and bidding via a mobile app, with options for pickup from Ohio warehouses or nationwide shipping. The service emphasizes condition disclosure and notifications for bids, serving consumers in the US with weekly auctions.

Who are the top competitors of Online Liquidation Auction?

Online Liquidation Auction's top competitors include Equip-bid, BiddingForGood and AuctionRover.

What products or services does Online Liquidation Auction offer?

Online Liquidation Auction offers OLA App and Auction Services.

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