Market Dojo Revenue & Valuation (2021)

Market Dojo is the only B2B e-Auction software provider to offer an easy to use, professional solution with completely transparent pricing.Developed by procurement professionals, our B2B e-Sourcing software [hosted in the cloud] has the capability to run RFQ's, and both forward and reverse self-managed online auctions for an unlimited variety of sourcing or asset disposal activities. It is where competing companies bid against each other over the web to win something of value to them from a host company. In a reverse auction the companies may be competing for a contract to supply goods or services to the host company. Whereas in a forward auction, companies may be competing to purchase assets from the host company.In both cases, e-auctions help to establish the true market value of the goods and services.e-Auctions can improve your negotiation results by up 18% beyond traditional approaches.Furthermore, e-Auctions are extremely efficient for all involved, have a short negotiation cycle