Shpock
Shpock is an online marketplace that uses a mobile and browser-based platform for private buying and selling of things in the area. "Shpock" is developed and operated by the Austrian start-up "finderly GmbH" and employs 102 people. Finderly GmbH is owned by Russmedia Equity Partners. History. Shpock is a portmanteau meaning "Shop in your pocket" and was first available for download free of charge in September 2012 for iOS and Android devices. The app was downloaded more than a million times within the first year. The first financing was provided from own funds and grants, and later  by Business Angels. In 2013, the Norwegian media group Schibsted announced a seven figures investment into finderly GmbH. In September 2015, Schibsted announced to increase its stake in the finderly GmbH by 9% from 82% to 91%. In 2016, the Shpock app was one of the ten most popular apps in Germany in the App Store and in Google Play. In 2017, the Shpock app was one of the ten most loaded free iPhone apps in Austria. As of October 2018, the app has been downloaded more than 50 million times on iOS and Android devices. In November 2018, Schibsted  announced that it had purchased the remaining 9% of finderly GmbH from its founders, making it the sole owner of the company. A massive staff reduction was announced shortly after a change of management, with the goal of turning the previously loss-making company into a profitable business. In August 2020, Shpock unveiled a new branding that also features a redesigned logo. In June 2021, Russmedia Equity Partners announced the acquisition of Shpock from Adevinta for an undisclosed sum. Awards. In 2018, Shpock was a laureate at the award ceremony "Germany's best online portals 2018" in the "Market places  private providers" category of the German Institute for Service Quality. Google awards Shpock 2018 the title "Android Excellence App of 2018" in the Google Play Store and Apple selects Shpock as a "Best of 2017" app in the category "Sustainability". At the Goldbach Youngstar Award, Shpock was named "Youngest Brand in the 1st Half of 2018". In 2013, Shpock won the futurezone Award in the category Apps and was awarded the Mingo special prize at the Content Award Vienna. At the “Show your App Awards" received the Silver app in 2014.