Browse: Companies | People | Financial Organizations
Home > Companies > Gimahhot

General Information

Websitegimahhot.de
Blogblog.gimahhot.de
CategoryWeb
Phone+4940696593514
Emailpromny@gimahhot.de
Employees20
Founded8/06

Offices

[map] Hamburg, DEU
Jarrestr. 4
Hamburg, 22303, DEU

People

Funding

Total€1.36M
Seed, 1/06
Thomas Promny
€60k
Angel, 4/08
€670k
Series A, 6/07
€625k

Competitors

Tags

Gimahhot

Gimahhot is a new kind of online shopping platform. It’s the world’s first B2C (business to customer) platform on which brand products are traded like on the stock exchange. Hundreds of online merchants offer their products on this platform. Users can buy at the current offer price from the cheapest of the registered merchants. The whole order and payment process is conducted by Gimahhot, while the merchant’s only obligation is to deliver the package to the customer. The user’s advantage is that he doesn’t have to signup with all those different shops. Instead he buys everything at Gimahhot.

The new and unique thing about the buying process is that prices are genuinely determined by supply and demand. Not only can the users buy at the offered prices, they can place bids as well. Unlike in an auction, those bids are not placed for a single auction of some merchant, but they are open to the whole market. Everyone of say - 45 merchants that offer a green, 4 GB Nano iPod - can react on a bid that a user has placed for that product.

Reactions to user’s bids can be set up to be processed automatically: Merchants can configure several options, e.g. “I accept all bids that are up to 3% below my offer price.”

Traffic Analytics

Compete

Gimahhot

Add Comment

Name
Website
Comment

Sources

  1. Co-Founder (blog.thomas.promny.de) [edit]
  2. Citation Needed [add]
  3. High-Tech Gründerfonds (htgf.de) [edit]
Edit This Page
Last Edited 6/9/08

Company Blog Posts RSS Picture

Recent Incoming Links

Embed Widget

Sponsors



Become a Sponsor