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Zipqik Inc

www.zipqik.com link_icon

ZIPQIK INC



Company Overview:
ZIPQIK Inc. is an innovative online convenience retailer dedicated to enhancing the shopping experience by making it faster, simpler, and more convenient. Founded in 2022, the company operates from its headquarters located at 10795 Hammerly Boulevard, STE 350, Houston, Texas, 77043. It employs between 2-10 people and focuses on delivering essential goods directly to customers' doors, emphasizing same-day delivery for customers in the Houston area.

Mission Statement:
ZIPQIK's core mission is to provide the fastest, most frictionless shopping experience in the industry. They aim to save customers time by offering a seamless and intuitive online shopping platform that eliminates the need for physical store visits.

Products and Services:
The company provides a wide range of products, including:
  • Baby products

  • Household items

  • Personal care products

  • Snacks and beverages

  • Feminine care and family planning products


Recently, ZIPQIK announced a partnership with Beauty and the Beautox LLC, an aesthetic spa, introducing products such as Botox Tote Bags and various beauty accessories to their offerings.

Customer Service and Delivery:
ZIPQIK prides itself on exceptional customer service with a dedicated team available for any queries or concerns. The company offers flexible delivery options, including reliable shipping and same-day delivery within the Houston area. In the near future, ZIPQIK plans to introduce 1-hour local delivery in Houston for items such as beer, wine, and over-the-counter medicines.

Leadership:
Jamal Revis is the Chief Executive Officer of ZIPQIK Inc. He plays a pivotal role in guiding the company towards achieving its mission and vision.

Contact Information:
  • Phone: (346) 200-7346

  • Email: info@zipqik.com



Social Media Presence:

  • Facebook, Instagram, YouTube: Information available on their website.


Key Attributes:
  • Founded: 2022

  • Industry: Online and Mail Order Retail

  • Headquarters: Houston, Texas

  • Company Size: 2-10 employees

  • Type: Privately Held


Competitor Profiling for ZIPQIK INC



Key Competitors



1. Coupa Software Inc.


  • Overview: Coupa is a leading provider of cloud-based business spend management (BSM) platforms designed to help enterprises manage procurement, invoicing, and expenses.

  • Products: Spend management software, procurement, sourcing, travel & expense, treasury & payments, supply chain design.

  • Financial Data (2022):

  • Revenue: $725 million

  • Operating Income: -$244 million

  • Net Income: -$379 million

  • Total Assets: $3.19 billion

  • Total Equity: $894 million

  • Ownership: Private, owned by Thoma Bravo post-2023 acquisition.

  • Headquarters: San Mateo, California, U.S.

  • Employees: Approximately 3,076 (as of January 2022).


2. SAP Ariba


  • Overview: SAP Ariba provides cloud-based procurement, spend management, and supply chain services. SAP acquired Ariba in 2012 for $4.3 billion.

  • Products: Collaborative business commerce, supply chain management solutions.

  • Financial Data (2011):

  • Revenue: $335.1 million

  • Operating Income: -$2.9 million

  • Net Income: $33.2 million

  • Total Assets: $913.1 million

  • Total Equity: $647.9 million

  • Ownership: Subsidiary of SAP SE.

  • Headquarters: Palo Alto, California, U.S.

  • Employees: Approximately 3,636 (as of December 2015).


3. Tipalti


  • Overview: Tipalti is a global payables automation platform that provides a comprehensive solution for managing accounts payable operations.

  • Products: Accounts payable automation, mass payments, procurement, expenses.

  • Achievements:

  • Payments volume annual run rate: $60 billion+

  • Customer base: Over 4,000 with a 40% YoY growth.

  • Recognized in CNBC’s “World’s Top Fintech Companies” list and named to Spend Matters “50 to Know” list for the fourth consecutive year.

  • Recent Developments:

  • Launched localized solutions for EU and UK markets.

  • Acquired an EMI license from De Nederlandsche Bank.

  • Appointed new senior leadership.


4. Teampay


  • Overview: Teampay offers a purchasing and spend management platform designed for modern, tech-enabled businesses.

  • Products: Distributed spend management platform, proactive spend approvals, reporting & analytics.

  • Growth Metrics:

  • Customer savings: Reports indicate an average 7.67% savings on expenses using their platform.

  • Recent acquisition by Paystand.

  • Notable Positions: Recognized for integrating finance and spend solutions, facilitating real-time expenditure tracking.


5. Precoro


  • Overview: Precoro offers cloud-based spend management software aimed at small and mid-size businesses, providing solutions for procurement automation and spend visibility.

  • Products: Procure-to-pay systems, automated purchasing, AP automation, sourcing.

  • Financial and Market Data:

  • POs processed yearly: Over $16 billion.

  • Key Attributes:

  • Focuses on operational efficiency, reducing administrative overhead, and enhancing productivity.

  • Commitment to environmental sustainability with measures to reduce emissions and plans to achieve carbon neutrality by 2025.

  • Proud alumnus of Google for Startups.


Other Competitors:


  • GEP SMART: Procurement and supply chain solutions.

  • JAGGAER ONE: Comprehensive procurement platform.

  • Ivalua: Spend management solutions.

  • Oracle Fusion Cloud Procurement: Cloud-based procurement solutions.

  • Airbase: Empowering finance professionals with AP specific offerings.


Analysis:


The competitive landscape for ZIPQIK INC highlights robust competition from established players with extensive product offerings and significant financial and operational strengths. Companies like Coupa and SAP Ariba dominate with comprehensive solutions that span end-to-end procurement and spend management. Meanwhile, Tipalti and Teampay are notable for their innovative approaches to finance automation and spend control, indicating a strong emphasis on enhancing operational efficiencies and scalability.

With continuous advancements and acquisitions, these competitors showcase a pronounced focus on technological enhancements and strategic growth initiatives that emphasize AI-powered tools, sustainability efforts, and expanding global footprints—critical elements for ZIPQIK INC to consider when strategizing positioning and competitive differentiation.