Alando
AcquiredBerlin, Germany · Founded 1999
- Headquarters
- Berlin
- Founded
- 1999
- Business Model
- Marketplace
About
Alando was Germany's first peer-to-peer online auction marketplace, founded in February 1999 by Marc, Oliver, and Alexander Samwer along with Jörg Rheinboldt in Berlin. Modeled closely on eBay, it grew to become Germany's largest auction site within just a few months of launch. eBay acquired Alando in June 1999 for approximately $43 million, subsequently rebranding it as eBay Germany, making it one of the fastest and most lucrative exits in European internet history.
Summary
Alando is an E-Commerce company based in Berlin, Germany, founded in 1999. Investors include eBay.
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Funding History
Jun 1999
Investors
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