123.TV
Company

Last deal

Amount

Debt Financing

Stage

12.12.2014

Date

2

all rounds

General

About Company
123TV is a German television channel that broadcasts home shopping auctions.

Industry

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Also Known As

123tv

founded date

01.01.2004

Number of employees

Company Type

For Profit

Last funding type

Debt Financing

IPO status

Private

Description

The company operates a television broadcasting station in Braunschweig, Germany, and reaches over 35 million households in Germany and Austria. They offer a diverse range of products, including fashion, accessories, furniture, and beauty and wellness products. Customers can participate in live auctions through their website and mobile app, and also purchase items at fixed prices. 123TV also provides Smart TV and HbbTV apps for TV enthusiasts. The company's unique auction format involves steadily decreasing prices over time until a bid is placed.
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