Published on March 2, 2014
Rent your personal items, from cars to jewelry, and earn money Users place their personal items on the platform Web and smartphone Items can be easily booked by other users Much wider choice than any other commercial rental service could offer 65-80% cheaper than commercial rentals
New product “Try and Buy” Top story of the day within the leading business news portal www.vz.lt Allows users to sample products (phones, TVs, etc.) for a few days before considering to buy them. Launched in Jan 2014, with NOKIA as a launch partner. Currently in discussions with Samsung, and other retailers.
New product “Use or buy” Launching in Feb 2014 Users will have an opportunity to return a rented item or keep it for the “own it” price set by the item’s owner
Business models Multiple business models will be tested: Ongoing - Most popular items owned by the platform. - Premium services: insurance, item storage fees, delivery etc. - “Try and buy” partnerships with retailers & distributors. Planned - ---- - ---- - ---- - ----
Team CEO Paulius Valatkevicius CTO CEO at Livinage. Online Editor at Pinigu karta. CBDO Tadas Vizgirda CEO at Tammi. Software developer at Iptune oy. CMO President, AmCham. Management Consultant. Investor Ilja Laurs Chairman at Nextury Ventures. Founder and chairman at Getjar. Mantas Zivaceviskis Paulius Maciulevicius Project manager at LTF. News editor at LRT. Advisor Mindaugas Glodas General manager at Nextury Venturtes. 15 years experience in ICT industry.
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