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Assets
Joom is an international online e-commerce platform that specializes in shipping goods from China around the world.
As of October 2018, consumer goods from a wide range of categories are presented on the site: from clothing and accessories to consumer electronics. At the same time, the number of users exceeds 100 million people.
The company's offices (as of October 2018) are located in Russia, Latvia, Hong Kong and the United States.
History
2019: Acquisition of 10% iGooods
On August 26, 2019, it became known that the Joom international mobile marketplace and the iGooods product delivery service entered into a strategic partnership agreement: Joom acquires 10% of the share of the iGooods management company for 325 million rubles. The transaction was closed in mid-August, the money arrived in one tranche. More details here.
2018: Transfer order delivery to your own logistics company
Since October 2018, the international online marketplace Joom begins to deliver all ordered goods to Russia with the help of its own logistics company Joom Logistics. It was registered in China in early 2018, and as of October 2018, more than half of all orders issued on the Joom marketplace are already being delivered through the company to Russia, Joom told TAdviser on October 9. It is expected that this will reduce the average time to deliver orders to large Russian cities from twenty to five to ten days. More details here.
2016: Start
The Joom service was launched in June 2016.
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