Droshi - the Alibaba of Europe - launches equity crowdfunding campaign on FundedByMe.
Droshi, 'The Alibaba of Europe', launches trending crowdfunding campaign on leading portal FundedByMe aiming at dominating Europe.
Northern Europe’s biggest drop shipping service, Droshi.com, launched their much anticipated crowdfunding for equity campaign at the end of last week and reached 50% of their funding goal in record time. Offering 2-7% equity stake in the company, 25 investors have already signed up to become new shareholders. The company chose the effective model of funding via crowdfunding for equity to invite users as shareholders and thus faster grow it’s user base. Droshi aims at building the biggest drop shipping portal in Europe after seeing the successful execution of the method in the United States.
Founded in 2015 the company already is well on it’s way of becoming one of the world's leading virtual wholesalers. Besides drop shipping a the core of the company the company also offers a unique services for global bulk ordering, simplifying e-commerce for their clients.
"We chose FundedByMe because we believe that the platform's global presence and previous rate in creating success stories fits well with our ambition to build a big and successful global brand where we aim to make Droshi the leading brand in drop shipping in Europe." says Droshi CEO Jonas Salminen
"The team behind Droshi is one of those hard working and energetic teams that we love to see fundraise on FundedByMe and we just love the execution and idea behind Droshi. This could be a very interesting opportunity," says Daniel Daboczy CEO of FundedByMe.
What is drop shipping?
Drop shipping is a well-known phenomenon in the United States and the rest of Europe but has been pretty unknown in Scandinavia. Drop shipping is a method in which the retailer does not keep products in stock but instead transfer customer orders and shipment information to the supplier, who then ships the goods directly to the customer.
View the Droshi campaign on FundedByMe here.