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Flubit

From EverybodyWiki Bios & Wiki

Flubit
flubit_trademark_logo
Trademark logo
Flubit.com
Native name
Flubit Limited
Privately Held Company
ISIN🆔
IndustryE-commerce
FateFlubit.com acquired by MonetaryUnit
Founded 📆24 April 2011 (2011-04-24)
Founders 👔
  • Bertie Stephens
  • Adel Louertatani
Headquarters 🏙️Wapping, ,
Area served 🗺️
Key people
Steph Fiala (Co-Founder Crypto Marketplace | COO)
BrandsSKU Cloud
Members
Number of employees
🌐 Websiteflubit.com
📇 Address
📞 telephone

Flubit is a UK-owned online marketplace. Hosting a catalogue of over 70 million products across categories including home, garden, toys, books and electronics, it positions as a direct competitor to Amazon.[1]

On 11 July 2018 Flubit.com was acquired by the blockchain technology group MonetaryUnit. MonetaryUnit announced the purpose of the acquisition was to transform flubit.com into a marketplace dedicated to the acceptance of cryptocurrency payments, in exchange for the same item types currently sold on Flubit.com [2]

History[edit]

As of May 2015, Flubit had a catalog with over 500 onboard merchants and over 20 million products.[3] By November 2016 the product catalogue had grown to 56 million products, from 1,500 merchants[4]

In 2014 Flubit secured a partnership with Barclaycard to launch a new service on their bespoke offers platform named beat my price.[5]

In April 2015 Flubit released its Gift Finder tool. The feature uses several simple metrics based on a short customer questionnaire to create relevant suggestions for gifts priced with a Flubit discount.

In January 2016 Bertie Stephens and Adel Louertatani were listed in Debrett's "Britain's 500 most influential" list.[6]

In September 2016 Flubit were awarded the Tech Track 100, listed in The Sunday Times[7]

Flubit.com was acquired by MonetaryUnit (MUE) on 11 July 2018 [2]

SKU Cloud[edit]

SKU Cloud logo
SKU Cloud logo

In November 2016 Flubit.com launched SKU Cloud. The new brand offers two solutions. The "sellers" programme, formally known as WeFlubit, lets retailers integrate a shopping feed exposing their products to over 10 million shoppers per day. For partners, SKU Cloud offers a white-label online shopping solution by providing a live feed of over 54 million products supplied directly from the sellers programme.[4]

References[edit]

  1. "Money Saving website Flubit.com unveils new site to rival Amazon, with investment topping $20m". www.newbusiness.co.uk. Retrieved 2018-01-03.
  2. 2.0 2.1 "Leading Blockchain Group to Acquire Flubit.com to Launch World's Largest Cryptocurrency Integrated Shopping Marketplace". Retrieved 2018-07-13.
  3. Edmund Ingham (19 Jan 2015). "How Do You Guarantee You Are Paying The Lowest Price For Goods Online? Try Flubit". Forbes. Retrieved 17 March 2015.
  4. 4.0 4.1 Dawson, Chris (1 Nov 2016). "Flubit unveils retail technology platform SKUcloud.co.uk". tamebay. Retrieved 22 November 2016.
  5. PYMNTS (23 May 2014). "Barclaycard and Flubit's Digital Marketplace Team-Up". PYMNTS.com. Retrieved 17 March 2015.
  6. "Britain's 500 most influential". The Sunday Times. 24 January 2016. Retrieved 26 January 2016.
  7. "Flubit - Tech Track 100". The Sunday Times & Fast Track. 20 October 2016. Retrieved 29 November 2016.

External links[edit]


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