About Selloff
Selloff is a company based in Ibadan (Nigeria) founded in 2020. It operates as a Marketplace, and B2C. Selloff offers products and services including Online Marketplace, Escrow Service, and User Listings. Selloff operates in a competitive market with competitors including Jiji, Craigslist, MoboFree, Fibi and u-Snapp, among others.
- Headquarter Ibadan, Nigeria
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Sectors
Real Estate & ConstructionRetail
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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 Selloffng Ltd
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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
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Employee Count
Employee Count
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Products & Services of Selloff
Selloff offers a comprehensive portfolio of products and services, including Online Marketplace, Escrow Service, and User 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.
Platform for listing and buying various products securely
Secure transaction system to protect users during exchanges
Tool for posting and browsing ads for goods and services
Funding Insights of Selloff
| 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 |
Investments & Acquisitions by Selloff
| 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 - Selloff
| 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 |
Selloff Comparisons
Competitors of Selloff
Selloff 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 Jiji, Craigslist, MoboFree, Fibi and u-Snapp, 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 |
Goods and services are exchanged via an online classified marketplace.
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| domain | founded_year | HQ Location |
Online classified forum
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| domain | founded_year | HQ Location |
Serves as a mobile social marketplace for trading used goods.
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| domain | founded_year | HQ Location |
Operates an online marketplace for second-hand multi-category products.
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| domain | founded_year | HQ Location |
Operates an online P2P marketplace for second-hand multi-category products.
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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 Selloff
When was Selloff founded?
Selloff was founded in 2020.
Where is Selloff located?
Selloff is headquartered in Ibadan, Nigeria. It is registered at Ibadan, Oyo, Nigeria.
What does Selloff do?
Selloff.ng operates as an e-commerce website where users can buy and sell items across categories like vehicles, electronics, properties, and fashion. It facilitates secure transactions through escrow services, ensuring protection for buyers and sellers. Based in Nigeria, the platform includes features such as user listings, blog posts, and safety tips. It serves individuals and businesses looking for new or used products, with options for advertising and community engagement.
Who are the top competitors of Selloff?
Selloff's top competitors include Jiji, Craigslist and MoboFree.
What products or services does Selloff offer?
Selloff offers Online Marketplace, Escrow Service, and User Listings.
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