About WOWBID
WOWBID is a company based in Jakarta (Indonesia) founded in 2018 by Rafli Ridwan. It operates as a B2C. WOWBID has raised $7 million across 2 funding rounds. WOWBID operates in a competitive market with competitors including LiveAuctioneers, Cubid, AuctionLook, Peaceyoulive and SigSag, among others.
- Headquarter Jakarta, Indonesia
- Founders Rafli Ridwan
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7 M (USD)
in 2 rounds
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Latest Funding Round
$5 M (USD), Seed
Apr 25, 2019
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Investors
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Employee Count
Employee Count
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Funding Insights of WOWBID
WOWBID has successfully raised a total of $7M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $5 million completed in April 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $5.0M
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First Round
First Round
(01 Nov 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2019 | Amount | Seed - WOWBID | Valuation |
investors |
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| Nov, 2018 | Amount | Seed - WOWBID | Valuation |
investors |
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| 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 WOWBID
| 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 - WOWBID
| 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 |
Wowbid Comparisons
Competitors of WOWBID
WOWBID 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 LiveAuctioneers, Cubid, AuctionLook, Peaceyoulive and SigSag, 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 |
Live Auctions platform
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| domain | founded_year | HQ Location |
Operates an app-based platform for live auctions.
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| domain | founded_year | HQ Location |
Operates a digital platform for live auctions, connecting buyers and sellers efficiently.
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| domain | founded_year | HQ Location |
Operates a live commerce platform that integrates e-commerce with live streaming for seamless product buying and selling.
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| domain | founded_year | HQ Location |
SigSag is a platform for auctioning consumer products through engaging live video streams.
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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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Frequently Asked Questions about WOWBID
When was WOWBID founded?
WOWBID was founded in 2018.
Where is WOWBID located?
WOWBID is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
Who is the current CEO of WOWBID?
Rafli Ridwan is the current CEO of WOWBID. They have also founded this company.
Is WOWBID a funded company?
WOWBID is a funded company, having raised a total of $7M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Nov 01, 2018.
What does WOWBID do?
WOWBID, established in 2018 and currently in Dissolved stage, focuses on operating online marketplaces, online marketplaces, auction platforms, and mobile auctions. WOWBID is a mobile-first auction platform offering products across multiple categories. Adapting to market demands with innovation and client-focused strategies.
Who are the top competitors of WOWBID?
WOWBID's top competitors include LiveAuctioneers, Cubid and AuctionLook.