Tradeshift

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Tradeshift
web-based B2B platform
languages 18 language versions (including German )
(February 12, 2018)
operator Tradeshift Network Ltd.
editorial staff Christian Lanng, Mikkel Hippe Brun, Gert Sylvest
user over 1.5 million companies
(January 2018)
On-line 2010
http://tradeshift.com/de/

Tradeshift is a web-based social network for companies . It is considered the world's largest trading platform for companies. With its business-to-business platform, the company connects over 1.5 million companies in around 190 countries (as of January 2018). The rapid market penetration of Tradeshift and the rapid acceptance of the services offered in the business world attracted the attention of international media, including the Handelsblatt , the American technology magazine Wired and the Financial Times .

history

Tradeshift was founded in 2010 by Christian Lanng, Mikkel Hippe Brun and Gert Sylvest. They had previously set up the NemHandel e-business infrastructure for the Danish state and are the initiators of the EU's PEPPOL project . This innovation was nominated for the European eGovernment Awards in 2009. Skype investor Morten Lund is Chairman of the Board .

The platform was first accessible in May 2010 and reached companies in 150 countries in February 2011.

In 2013 Tradeshift opened a research and development center in China. The European Commission approved Tradeshift's Universal Business Language (UBL) data format for government purchases in 2014 . This is intended to enable better connectivity between government agencies and their suppliers.

On April 1, 2017, Tradeshift from San Francisco acquired the IBX Business Network including the Portum solution from Capgemini . This merger of the two companies created the world's largest trading platform, which connects around 1.5 million companies and has more than 500 global companies as customers. As a result, on September 1, 2017, the European service desk was relocated from Krakow to the location of Tradeshift's European headquarters in Bucharest . The "Portum" system, which is designed for electronic auctions and electronic tenders, is operated under this name.

In January 2018, the company reached around 190 countries, connecting over 1.5 million companies. According to company founder Lanng, an IPO is planned for the next few years.

On January 22nd, 2018 Tradeshift announced the official launch of Tradeshift Frontiers . Frontiers is an innovation laboratory and incubator with the aim of using emerging technologies (such as artificial intelligence , distributed ledger technology or the Internet of Things ) to create business networks, supply chains and the global Examine trade for new opportunities and adapt corporate strategies accordingly.

Corporate structure

Headquarters and other branches

Tradeshift is headquartered in San Francisco . Further branches are located in Copenhagen , New York , London , Paris , Suzhou, Tokyo , Munich , Frankfurt am Main , Sydney , Bucharest , Oslo , Stockholm and Kuala Lumpur .

Business model and customers

Tradeshift is used to process business relationships in digital form, for example to enable so-called electronic invoices . The company offers solutions for procure to pay as well as the commissioning of suppliers and financial services. In addition, Tradeshift enables other companies to develop customer or commercial apps on its corporate trading platform. Universal Business Language is used as a platform and implementation -independent exchange language . Tradeshift's customers include more than 500 international groups such as DHL , Air France - KLM Royal Dutch Airlines and the British health insurance company National Health Service .

In addition, according to an interview with the Handelsblatt by the company's founder, Lanng, many smaller companies are also among the customers. For small German suppliers, for example, it is difficult to find out how to sell their own products in China or how to work with larger North American companies. Tradeshift enables these and other business relationships in the business-to-business area to be brokered via its platform.

rating

In 2016, Tradeshift was valued at just under half a billion dollars in a financing round.

Awards

The company was founded by TechCrunch awarded as Europe's "Best Business or Enterprise Startup 2010".

Others

Quotes about Tradeshift

The company's founder Christian Lanng calls "Tradeshift":

"A Facebook for companies."

- Christian Lanng

According to the Handelsblatt of August 16, 2017, this comparison is absolutely correct.

literature

  • Jonathan Løw: The GuruBook: Insights from 45 Pioneering Entrepreneurs and Leaders on Business Strategy an Innovation . Chapter: Christian Lanng, Leadership from the trenches (A five-page chapter on Christian Lanng, founder of Tradeshift). CRC Press : Boca Raton 2018.

Web links

Individual evidence

  1. ↑ Tradeskift: Support, Language . Online at www.support.tradeshift.com. Retrieved February 12, 2018.
  2. ↑ a b c d e f Onvista: Tradeshift launches Frontiers Innovation Lab and incubator to promote supply chain innovation. An inclusive approach to unlocking value in the supply chain that makes trading possible for everyone . January 22, 2018. Online at www.onvista.de. Retrieved February 12, 2018.
  3. ↑ a b c d e f g h Handelsblatt: Tradeshift founder Christian Lanng. Business for business-to-business. With Tradeshift, the Dane Christian Lanng has created the largest online platform for trade between companies, he himself calls it “Facebook for companies”. But he works differently than Mark Zuckerberg . August 16, 2017. Online at www.handelsblatt.com. Retrieved February 12, 2018.
  4. ↑ TechCrunch : Tradeshift Frontiers innovation lab hopes to drive blockchain adoption in the global supply chain . January 23, 2018. Online at www.techcrunch.com. Retrieved February 12, 2018.
  5. ^ Daniel Roth: The Future of Money (English). February 22, 2010. Online at www.wired.com. Retrieved February 12, 2018.
  6. ↑ Tim Bradshaw: Tradeshift in $ 7m fundraising . May 16, 2011. Online at www.ft.com. Retrieved February 12, 2018.
  7. ↑ Opensourcedays: Open Source Days 2008: How the Danish public sector supports open source - how open source supports the public sector ( Memento of the original from April 7, 2011 in the Internet Archive ) Info: The archive link has been inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. . 2008. Online at www.freedom.opensourcedays.org. Retrieved February 12, 2018. @1@ 2Template: Webachiv / IABot / freedom.opensourcedays.org
  8. ↑ ePractice: Award Finalists 2009 (English). Online at www.epractice.eu. Retrieved February 12, 2018.
  9. ↑ Tradeshift: Team . Online at www.tradeshift.com. Retrieved February 12, 2018.
  10. ↑ Techcrunch: Tradeshift lights the touchpaper - integrates PayPal into its free invoicing platform (English). February 17, 2011. Online at www.techcrunch.com. Retrieved February 12, 2018.
  11. ↑ Capgemini: IBX and Tradeshift Create the World's Largest Business Commerce Platform
  12. ↑ Spendmatters: Tradeshift acquires IBX Business Network from Capgemini .
  13. ↑ Businesswire.com: Tradeshift Launches Frontiers Innovation Lab and Incubator to Promote Supply Chain Innovation. An inclusive approach to unlocking value in the supply chain that makes trading possible for everyone . January 22, 2018. Online at www.businesswire.com. Retrieved February 12, 2018.
  14. ↑ Techcrunch: The European Startup Awards 2010 - The Winners and Finalists (English). November 20, 2010. Online at www.techcrunch.com. Retrieved February 12, 2018.