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ALL Street
Shop n Social
Crowdfunding, Equity, Seedrs
0

Issuer: Plaqsa Ltd

A simple app that allows consumers to shop online with their friends.

Location: Stockport, UK
Industry: Web & Apps
Sector: E-commerce & Social Media
Instrument: Equity

All Street on Shop n Social:

Read the Research Snapshot below or access the full report below.

 

The company

  • Shop n Social aims to provide a free, cross platform shopping app to allow users to browse, share and chat while shopping online.
  • The app is yet to launch but is projecting 608,000 active users by December 2017 growing to 2.5 million in 2018.
  • Shop N Social estimate the combined e-commerce market in the UK, US and India (their target markets) is worth £77 billion.

 

Deal information

  • The campaign aims to raise £450,000 for 18.36% equity on offer. The deal is being supported by the Seedrs platform.

 

What we think

  • Together, the co-founders have combined circa 30 years of management, software development, creative and design experience, all of which are highly relevant to the business.
  • The company’s target market is the fastest growing consumer segment on the internet and the app is highly scalable. Shop n Social’s business model insulates it from handling inventory or delivery, managing order, processing payments or handling packaging and shipping.
  • But Shop N Social is yet to launch and has no active users. Developing a strong subscriber base is critical to the success of the business. A full plan to acquire users is not yet in place. The company will also face competition from other startups as well as established e-commerce and social media players like Facebook, Pinterest and Twitter.

 

For a full breakdown of what we like about the Shop n Social deal and what we think needs further investigation click 'buy report' below. In the full All Street report you can also learn more about Shop n Social’s management team and board, its revenue model and market potential and an overview of their key financials.


You need to be a subscriber to view the report. Please select ‘BUY REPORT’ below. If you are new to All Street, you can get your free report here.

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