Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description: RenoRun Inc., an e-commerce platform and delivery service for construction materials, has raised US$142 million in the fourth-largest Series B funding for a Canadian startup, the company said Tuesday.

Source: FinancialPost.com

Date: Feb 01, 2022

Link: https://financialpost.com/fp-finance/montreal-based-renorun-raises-us142-million-in-round-led-by-tiger-global-management

Questions for discussion:

  • Describe the business model.
  • How is this business different from other material suppliers like Home Depot?
  • Why has this business been successful with contractors?

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