eMAG - About the company
eMAG is a series D company based in Bucharest (Romania), founded in 2001 by Radu Apostolescu. It operates as an Online marketplace offering multi-category products. eMAG has raised $100M in funding, with a current valuation of $1B. The company has 52 active competitors, including 1 funded and 5 that have exited. Its top competitors include companies like Amazon, Recharge.com and Elefant.ro.
Sectors and market segments that eMAG operate in
eMAG serves in the Retail market segments.The primary business model of eMAG is:Company Details
Online marketplace offering multi-category products. The product catalog includes laptops, smartphones, tablets, home appliances, groceries, fashion, personal care, cosmetics, home improvement, sports & outdoor equipment, toys, and more. Its mobile app is available for Android and iOS users.
- Website
- www.emag.ro/
- Email ID
- *****@emag.ro
- Phone Number
- +40 **********
Legal entities associated with eMAG
eMAG is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Agito Sp. Z O.o CIN: 475630 , Poland, Active | Dec 31, 2001 | - | - | |
ALEGE TRADE s.r.o. CIN: 05857376 , Czech Republic, Active | Feb 27, 2017 | - | - | |
DANTE INTERNATIONAL SA CIN: J40/372/2002 , Romania, Active | $1B+ (As on Dec 31, 2021) | - | - |
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eMAG's funding and investors
eMAG has raised a total funding of $100M over 1 round. Its latest funding round was a Series D round on Nov 16, 2017 for $100M. 1 investor participated in its latest round. eMAG has 2 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of eMAG:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 16, 2017 | $100M | Series D | - | - | - |
View details of eMAG's funding rounds and investors
eMAG's founders and board of directors
Founder? Claim ProfileThe founders of eMAG is Radu Apostolescu. Iulian Stanciu is the CEO of eMAG.
Here are the details of eMAG's key team members:
- Radu Apostolescu: Founder of eMAG. Contact Info: 1 email address
- Iulian Stanciu: CEO of eMAG. They are also an angel investor in 1 startup.Contact Info: 1 email address
View details of eMAG's Founder profiles and Board Members
eMAG's employee count trend
eMAG has 3,485 employees as of May 26. Here is eMAG's employee count trend over the years:
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eMAG's Competitors and alternates
Top competitors of eMAG include Amazon, Recharge.com and Elefant.ro. Here is the list of Top 10 competitors of eMAG, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Amazon 1994, Seattle (United States), Public | Online marketplace and cloud computing provider | $8M | 85/100 | |
2nd | Online marketplace offering multi-category products | $100M | 74/100 | ||
3rd | Recharge.com 2012, Nijmegen (Netherlands), Acquired | Online retailer of mobile top-ups, gift cards, and payment cards | $60.3M | 69/100 | |
4th | Elefant.ro 2010, Bucharest (Romania), Public | Horizontal Online retailer | $14.3M | 53/100 | |
5th | Online marketplace for horizontal products | - | - | 49/100 | |
6th | Online retailer offering a wide range of products and accessories | - | - | 37/100 | |
7th | IntraSoft Technologies 1996, Kolkata (India), Public | IT enabled software services company | - | 36/100 | |
8th | E-distributor offering office supplies for enterprises | $8.83M | 35/100 | ||
9th | Online store offering multi-category products | - | - | 32/100 | |
10th | Retailer of consumer goods transitioning customers to a new platform | - | - | 25/100 |
Looking for more details on eMAG's competitors? Click here to see the top ones
eMAG's Investments and acquisitions
eMAG has made 1 investments in companies including Zitec. eMAG has also acquired 4 companies including Extreme Digital and Extreme Digital.Here is the list of investments & acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Oct 22, 2019 | Acquisition | 2001 | Budapest (Hungary) | |
Feb 17, 2017 | Investments | 2003 | Bucharest (Romania) | |
Oct 2015 | Acquisition | 2001 | Budapest (Hungary) |
Reports related to eMAG
Here is the latest report on eMAG's sector:
News related to eMAG
Media has covered eMAG for a total of 3 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
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eMAG Invests 1.2 Billion RON in Technology and Logistics for the Next Fiscal Yearrevistaprogresiv.ro•May 20, 2026•eMAG
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Emag And Heyblu Announce The Acquisition Of Orange MoneyRomania Journal•Jan 31, 2025•eMAG, Heyblu, Orange Money, EMAG
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Florin Filote joins Thredup's ranks as general manager for EuropeBusiness Wire•May 03, 2024•ThredUP, eMAG, PHH Group
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Romanian sellers on eMAG marketplace have exported millions of productsBusiness Review•Jul 05, 2023•eMAG
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