About PS Auction
PS Auction is a company based in Svenljunga (Sweden) founded in 1958 was acquired by TBAuctions in March 2022.. PS Auction offers products and services including Auction Platform and Item Listings. PS Auction operates in a competitive market with competitors including Tradera, Barnebys and BidBuy, among others.
- Headquarter Svenljunga, Sweden
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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 Ps Auction Ab
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
TBAuctions
& 1 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of PS Auction
PS Auction offers a comprehensive portfolio of products and services, including Auction Platform and Item Listings. 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 system for bidding and selling various items
Service for posting and managing auction categories
Funding Insights of PS Auction
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 PS Auction
PS Auction has secured backing from 2 investors. Prominent investors backing the company include TBAuctions and MVI. 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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Auction services are provided by TBAuctions in the Netherlands.
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In-room entertainment solutions are provided by MVI for hospitality.
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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 PS Auction
| 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 - PS Auction
| 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 |
Ps Auction Comparisons
Competitors of PS Auction
PS 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 Tradera, Barnebys and BidBuy, 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 |
Online Swedish marketplace for auctions and fixed-price item sales.
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| domain | founded_year | HQ Location |
Online listing platform to search and buy new and pre-owned arts & collectibles
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| domain | founded_year | HQ Location |
Functions as an online auction platform for multi-category secondhand products.
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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 Ps Auction
Frequently Asked Questions about PS Auction
When was PS Auction founded?
PS Auction was founded in 1958.
Where is PS Auction located?
PS Auction is headquartered in Svenljunga, Sweden. It is registered at Svenljunga, Vastra Gotaland, Sweden.
Who is the current CEO of PS Auction?
Per Henriksson is the current CEO of PS Auction.
What does PS Auction do?
PS Auction was established in 1958 in Svenljunga, Sweden, as an online platform for auctioning used goods. Categories handled include construction equipment, gardening tools, electronics, home furniture and decor, printing supplies, vehicles, kitchen items, and others. Operations focus on facilitating bids and sales digitally within the secondary market sector, serving users across various regions.
Who are the top competitors of PS Auction?
What products or services does PS Auction offer?
PS Auction offers Auction Platform and Item Listings.
Who are PS Auction's investors?
PS Auction has 2 investors. Key investors include TBAuctions, and MVI.
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