Jualo.com is an Indonesian electronic classifieds website that allows users to acquire or offer goods and services. Payments are made through an escrow system, which means that users have a degree of security when buying or selling tradable and transportable items. Founded in 2014 history Jualo.com was founded by Chaim Fetter in 2014. At the time, he had only 15 employees, including web developers. The initial team consisted of five people. Jualo.com innovated the buy-sell e-classifieds concept in Indonesia by launching escrow payment, geo-search and home delivery 3PL integration. In early 2016, the company had millions of visitors per month and hundreds of thousands of new product public listings. Jualo.com attracted Series A funding from Singapore-based NSI Ventures and Susquehanna International Group. Existing investors include Indonesia-based venture capital firms Alpha JWC Ventures and Mountain Kejora. In April 2017, João Pedro Principe, who joined Jualo.com in June 2016, took over as CEO. Jualo.com has a close relationship with the non-profit organization Yayasan Peduli Anak (YPA) as they share a common founder. Jualo.com provides operational support to YPA in Jakarta, while YPA operates mainly in Lombok and Sumbawa. In 2018, Jualo.com had 4 million monthly active users and facilitated $1 billion worth of transactions. In the same year, the company was acquired by Carro (a Singaporean e-commerce company). In March 2020, Manisha Seewal became the CEO of Jualo.com. References |
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