DropDnD

https://magnitt.com/startups/undefined/dropdnd

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Company Information

DropDnD is a mobile marketplace that enables trade of used items between its users by using Dutch auctions, thus providing 3 key unique selling propositions for sellers and buyers compare to conventional marketplaces:
1. Trade is done faster
2. Sellers recover higher value
3. Buyers perceive savings

By using the Dutch auctions, DropDnD has solved the seller's problem of setting the price, finding the fair market price for him automatically.

Date Founded 05/2017

Primary Industry N/A

Founders N/A

Team Members N/A

Business type N/A

Development Stage Launch

Revenue generating No

Linked Institutions N/A

Demographics

Headquarter: United Arab Emirates (UAE)

Branches: N/A

Industries: N/A

Geographical focus: N/A

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