gobid-group Research by SuperAGI

Combined Company Profile: Gobid Group and GoBid

Company Overview

Gobid Group, established on January 1, 2013, in Milan, Italy, is a pioneer in the online auction industry, primarily focusing on managing non-performing loans secured by real estate. They transform these challenges into value through meticulous management of both movable and immovable properties on their platforms, Gobid.it and Gobidreal.it. In contrast, GoBid, launched in 2021, operates predominantly in South Africa, specializing in vehicle auctions with an innovative edge in the salvage industry.

Financial Metrics

Gobid Group

Assets Managed: €1.6 billion

Annual Page Views: 16 million

Emails Sent Annually: 14 million

Bids Received Annually: 150,000

Employees: 65

GoBid

Annual Revenue: $42.6 million

Employees: 129, with a 43% growth

Revenue Per Employee: $330,000

Human Resources and Leadership

Gobid Group's workforce comprises 65 employees, emphasizing innovation and customer-centric strategies. Andrea Giorgio, as CEO, leads a proficient management team including Marco Tedone (Sales Area Manager) and Linda Piersanti (Marketing Junior). Key roles are also filled by Stefano Massari (Process & Operating Director) and Marta Rocchi (Marketing Manager).

For GoBid, the emphasis is on a rapidly growing team, experiencing a 43% increase in staff, aligned with their market strategies.

Market Position and Services

Gobid Group

Gobid Group cements its market presence with platforms:

Gobid.it: Auctions for movable properties.

Gobidreal.it: Real estate auctions.

Irrefutable commitment to innovation and digitization has positioned the company as a leader in maximizing asset value through competitive bidding processes. Hosting over 40 conferences annually, they interact with 6,000 professionals, enriching their market footprint further.

GoBid

Primarily focusing on vehicle auctions, GoBid is disrupting the industry with tech-driven, lean solutions that cater to extensive customer needs. Their market strategy reflects a nimble adaptation to user demands, effectively challenging traditional paradigms in vehicle sales and salvage operations.

Competitors

Display Advertising Competitors

GoBid's sector competitors in display advertising include:

Outbrain: 19.55% market share

Asana: 11.84% market share

NetSuite: 11.31% market share

Auction and Automotive Industry Competitors

Definitive Edge: Revenue $61.7 million, 170 employees

Formex Industries: Revenue $77 million, 212 employees

LisaCars: Revenue $17.2 million, 58 employees

Daytona (Pty) Ltd: Involved in auto retail trade

Kanu Commercial: Revenue $9.5 million, 36 employees, with 16% growth

AutoX: Highest revenue at $82.8 million, 228 employees, 32% growth

Strategic Insights

Gobid Group's continued expansion and client engagement through technological innovation, strategic sponsorships, and effective marketing stand out. Concurrently, GoBid leverages a burgeoning team and tech-oriented solutions to bolster its position within the thriving South African vehicle auction sector, potentially seeking strategic alliances to further extend their market influence.