Joom
{{Short description|Latvian e-commerce marketplace}}
{{Infobox company
| name = Joom
| logo = Joom.jpg
| industry = E-commerce, fintech, logistics
| founded = June 2016
| founders = Ilya Shirokov, Yuri Ivanov, Ilya Rubin
| hq_location = Portugal
| hq_location_city = Lisbon
| website = {{URL|https://www.joom-group.com}}
}}
Joom is a Latvian group of e-commerce and fintech companies founded in June 2016. It also has offices in China, Hong Kong, Brazil, the USA and Germany.{{Cite news |date=2019-02-21 |title=Digital shopping app JOOM targets France in challenge to Amazon |work=Reuters |url=https://www.reuters.com/article/us-joom-france-expansion-idUSKCN1QA2RL |access-date=2022-03-23}}{{Cite web |title=Joompay launches its bill-splitting payment app across Europe to take on TransferWise and others |url=https://techcrunch.com/2021/02/04/joompay-launches-its-bill-splitting-payment-app-across-europe-to-take-on-transferwise-and-others/ |access-date=2022-03-23 |website=TechCrunch}} At the end of 2022, Joom moved headquarters from Riga to Lisbon, Portugal.{{Cite web |last=Lab |first=Observador |title=Joom abre o seu novo escritório em Lisboa |url=https://observador.pt/2023/07/13/joom-abre-o-seu-novo-escritorio-em-lisboa/ |access-date=2023-07-18 |website=Observador |language=pt-PT}} Joom currently consists of three businesses.{{Cite web |title=Latvia’s eCommerce giant, Joom, sponsors schools rating |url=https://www.baltictimes.com/latvia_s_ecommerce_giant__joom__sponsors_schools_rating/ |access-date=2022-11-18 |website=baltictimes.com}}
Overview
= Joom Marketplace =
Joom Marketplace is an e-commerce platform and mobile app that sells products from Asia and Europe. It was launched in 2016 in Riga, Latvia.{{Cite journal |last=conso |first=L. S. A. |date=2019-02-21 |title=Comment l'app russe Joom compte devenir le numéro 2 de l'e-commerce en Europe |url=https://www.lsa-conso.fr/comment-l-app-russe-joom-compte-devenir-le-numero-2-de-l-e-commerce-en-europe,311536 |language=fr}}
Joom's app was launched in France, Spain, Germany in 2017.{{Cite news |date=2019-02-21 |title=Digital shopping app JOOM targets France in challenge to Amazon |work=Reuters |url=https://www.reuters.com/article/us-joom-france-expansion-idUSKCN1QA2RL |access-date=2022-11-18}} Joom was the most downloaded shopping app in Europe for 2018 with more than 56 million installations.{{Cite web |title=Top Shopping Apps in Europe for 2018 by Downloads |url=https://sensortower.com/blog/top-shopping-apps-europe-2018-downloads |access-date=2022-11-18 |website=sensortower.com}}
By the end of 2020, the app Joom has been downloaded 150 million times{{Cite web |title=Looking to emulate Venmo, JoomPay preps a Euro launch for easy bill splitting and cash payments |url=https://techcrunch.com/2020/11/24/looking-to-emulate-venmo-joompay-preps-a-euro-launch-for-easy-bill-splitting-and-cash-payments/ |access-date=2022-04-18 |website=TechCrunch}} in the European region.{{Cite web |last=Butcher |first=Mike |date=2020-11-24 |title=Looking to emulate Venmo, JoomPay preps a Euro launch for easy bill splitting and cash payments |url=https://techcrunch.com/2020/11/24/looking-to-emulate-venmo-joompay-preps-a-euro-launch-for-easy-bill-splitting-and-cash-payments/ |access-date=2022-11-18 |website=TechCrunch}}
The platform is known to be mobile-first with around 83% of transactions being made on mobile, according to Mediametrie, a media and reference studies French company.{{Cite web |date=2019-03-07 |title=Joom, Wish, SheIn, des plateformes de commerce qui titillent Amazon |url=https://www.capital.fr/entreprises-marches/joom-wish-shein-des-plateformes-de-commerce-qui-titillent-amazon-1330490 |access-date=2024-04-15 |website=Capital.fr |language=fr}}
In 2021, Joom joined the Product Safety Pledge initiative, which is an agreement to cooperate with the EU Member States to remove dangerous products from its websites.{{Cite web |title=Consumer Protection Pledge - European Commission |url=https://commission.europa.eu/strategy-and-policy/policies/consumers/consumer-protection-policy/consumer-protection-pledge_en |access-date=2024-04-15 |website=commission.europa.eu |language=en}}
As of the beginning of 2022, Joom had over 400 million users worldwide{{Cite web |title=Labs of Latvia |url=http://labsoflatvia.com/en/news/social-e-commerce-platform-with-over-25-million-active-users |access-date=2022-04-18 |website=labsoflatvia.com |language=lv}} across iOS, Android, and the Web. The marketplace had 25 million monthly active users and 20 million active buyers.{{Cite web |title=Comment l'app russe Joom compte devenir le numéro 2 de l'e-commerce en Europe |url=https://www.lsa-conso.fr/comment-l-app-russe-joom-compte-devenir-le-numero-2-de-l-e-commerce-en-europe,311536 |access-date=2022-04-18 |website=lsa-conso.fr |language=fr}}{{Cite web |title=Tech in Asia - Connecting Asia's startup ecosystem |url=https://www.techinasia.com/eu-ecommerce-firm-joom-officially-enters-india |access-date=2024-04-15 |website=www.techinasia.com |language=en-US}}
Joom became one of the first platforms that resumed the delivery of goods to Ukraine after the beginning of the Russian invasion of Ukraine.{{Cite web |title=Joom відновлює доставку "Укрпоштою" в Україну |url=https://www.epravda.com.ua/news/2022/04/27/686316/ |access-date=2022-11-18 |website=Економічна правда |language=uk}}
Since 2022, Joom has been supporting the Latvian Atis Kronvalds Foundation's “Talent Development Ranking”.
= JoomPro =
In 2021, Joom launched JoomPro, a tech enabled turnkey solution for B2B importing goods from China. Today it is present in the Brazilian market only, while Mexico is being considered as the next possible market to enter. JoomPro aims to make global wholesale trade easy and efficient for everyone by handling the entire order processing, including choosing a supplier, quality control, documentation, logistics etc., i.e. everything until the order is shipped to the end customer.{{Cite web |date=2024-04-18 |title=JoomPro chega ao mercado de e-commerce brasileiro para impulsionar os negócios de pequenos varejistas |url=https://www.segs.com.br/seguros/383937-joompro-chega-ao-mercado-de-e-commerce-brasileiro-para-impulsionar-os-negocios-de-pequenos-varejistas |access-date=2024-04-18 |website=www.segs.com.br |language=pt-br}}{{Cite web |date=2023-09-19 |title=JoomPro, plataforma europeia de importação de produtos da China, expande operações para o Brasil |url=https://economia.uol.com.br/noticias/reuters/2023/09/19/joompro-plataforma-europeia-de-importacao-de-produtos-da-china-expande-operacoes-para-o-brasil.htm |access-date=2024-04-18 |website=UOL |language=pt-br}}
= Onfy =
Onfy is a pharmaceutical marketplace available for customers in Germany. It was registered in 2021 as Joom Pharm Solutions GmbH and launched in 2022 as Onfy.{{Cite web |title=Handelsregisterauszug von Joom Pharm Solutions GmbH (HRB 225442 B) |url=https://www.handelsregister-online.de/handelsregisterauszug/Berlin/Charlottenburg-Berlin/Joom-Pharm-Solutions-GmbH |access-date=2022-11-18 |website=www.handelsregister-online.de}}{{Cite web |last=Adhoc |first=Apotheke |title="Apotheken dürfen nicht zum Plattform-Spielball werden" |url=https://www.apotheke-adhoc.de/nachrichten/detail/panorama/apotheken-duerfen-nicht-zum-plattform-spielball-werden-inhaber-testet-verschiedene-angebote/ |access-date=2022-11-18 |website=APOTHEKE ADHOC |language=de-DE}} Onfy's headquarters are located in Berlin.{{Cite web |title=Labs of Latvia |url=http://labsoflatvia.com/en/news/social-e-commerce-platform-with-over-25-million-active-users |access-date=2022-11-18 |website=labsoflatvia.com |language=lv}}
References
{{Reflist}}
External links
- {{Official website|name=Joom Marketplace}}
- {{Official website|https://www.joompay.com|name=Joompay}}
- {{Official website|https://joomlogistics.com/en/|name=Joom Logistics}}
- {{Official website|https://joom.pro|name=Joom Pro}}
- {{Official website|https://onfy.de|name=Onfy}}