Financials

Estimates*

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Revenues, earnings & profits over time
EUR2016201720182019202020212022
Revenues13.9m12.8m11.8m14.1m11.8m10.1m7.9m
% growth(1 %)(8 %)(8 %)19 %(16 %)(14 %)(22 %)
EBITDA2.3m1.8m<1m<1m(<1m)(1.7m)<1m
% EBITDA margin17 %14 %2 %4 %(2 %)(17 %)4 %
Profit2.2m1.6m(<1m)(<1m)(1.4m)(2.0m)(<1m)
% profit margin16 %13 %(1 %)(2 %)(12 %)(19 %)(2 %)

Source: Dealroom estimates

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DateInvestorsAmountRound

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Seed

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Acquisition
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Recent News about Let's Deal

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Letsdeal.se is an e-commerce platform that specializes in offering heavily discounted deals on a wide range of products and services. The company primarily serves cost-conscious consumers looking for bargains on fashion, electronics, travel, and lifestyle products. Operating in the Swedish market, Letsdeal.se partners with various brands and service providers to offer limited-time discounts, often featuring savings of up to 86%. The business model revolves around bulk purchasing and flash sales, allowing the company to negotiate lower prices and pass the savings on to customers. Revenue is generated through a combination of direct sales and commissions from partner brands. The platform is designed to attract a diverse clientele, from fashion enthusiasts to tech-savvy shoppers and travel aficionados. By leveraging the power of group buying and time-limited offers, Letsdeal.se creates a sense of urgency and exclusivity, driving high-volume sales and customer engagement.

Keywords: e-commerce, discounts, fashion, electronics, travel, lifestyle, bulk purchasing, flash sales, savings, Sweden.

Tech stack

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