Onbuy

OnBuy
Founded 2012 (2012)
Headquarters Bournemouth, Dorset, UK.
Area served UK
Founder(s) Cas Paton
Key people Cas Paton (Managing Director).
Industry Internet, online retailing
Website www.OnBuy.com
Type of site E-commerce, online marketplace
Available in English
Launched April 2016

OnBuy is an online European marketplace, based in the UK[1] similar to Amazon.com and eBay .[2] OnBuy is the trading name of Visor Commerce Ltd, which received a major investment from Centerprise International,[3] a UK IT distribution company,[4] in April 2013.

The marketplace is stated to allow businesses to sell a wide range of products from IT equipment, toys and games through to arts and crafts, across 34 European countries.[3]

History

Cas Paton is the entrepreneur behind OnBuy.[5] He started his business career in 2006 in the website development industry.[6]

Subsequently Paton funded, invested and took the Managing Director position at OnBuy alongside Razzak, with additional investment from Razzak's company Centerprise International.[3][7][8]

OnBuy originally launched in Summer 2013 as a soft launch.

In March 2014 OnBuy was placed "on hold" by Centerprise International, with the website going offline.[9]

On 14 July 2014 OnBuy was acquired by Cas Paton, the original founder, for a six-figure sum.[10]

OnBuy is set to re-launch to market in April 2016 for 34 countries across Europe.[10]

References

  1. ↑ "Upcoming UK Online Marketplace OnBuy To Take on Amazon and eBay". Reuters. Retrieved 2014-02-11.
  2. ↑ Barnes, Laura (2013-04-26). "Online marketplace OnBuy launches to rival Amazon and eBay". Pcr-online.biz. Retrieved 2014-02-11.
  3. 1 2 3 "Centerprise investment set to rile Amazon and eBay". Channelweb.co.uk. 2013-05-02. Retrieved 2014-02-11.
  4. ↑ "Centerprise International Testimonial". Destination Basingstoke. 2011-05-26. Retrieved 2014-02-11.
  5. ↑ "Meet the entrepreneur hoping to rival eBay and Amazon with new website". Businessdorset.co.uk. 2013-04-25. Retrieved 2014-02-11.
  6. ↑ Sacco, Dominic (2013-07-29). "'Amazon rival' OnBuy invites vendors to sign up ahead of November launch". Pcr-online.biz. Retrieved 2014-02-11.
  7. ↑ https://web.archive.org/20130615140256/http://in.finance.yahoo.com:80/news/upcoming-uk-online-marketplace-onbuy-083140971.html. Archived from the original on June 15, 2013. Retrieved May 6, 2013. Missing or empty |title= (help)
  8. ↑ "Upcoming UK Online Marketplace OnBuy To Take on Amazon and eBay". Prweb.com. 2013-05-06. Retrieved 2014-02-11.
  9. ↑ "Online marketplace OnBuy put 'on hold' as website is taken down". pcr-online.biz. 2014-05-20. Retrieved 2014-05-20.
  10. 1 2 "Centerprise sells OnBuy for Six Figure Sum". pcr-online.biz. 2014-07-16. Retrieved 2014-07-16.
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