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Valued at $100 Million, Russian Charity Auction Platform CPAI Reaches 1 Million Users

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4 years ago

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CPAI is the first Russian innovator business to be valued at $100 million this this year. CPAI has surpassed ThredUp in transaction volume and is expected to be the next unicorn of online resale platform.

CPAI, after seed round on May 19, 2019, has its trading volume almost doubled each year. CPAI operates a one-stop second-hand trading market featuring online resale, charity auction and vertical recycling. Its award-winning business model adopts an innovative way of auction — one auction and one re-auction a day. Different from the traditional second-hand trading platform, the same commodity can be traded several times on CPAI platform, and the price of each transaction will be maintained in a fixed range until the buyer takes delivery of the goods.

What is the status of CPAI after this fund raise, according to its financial disclosure and strategy?

The Number of Users Exceeds 1 Million

For e-commerce platforms, number of users is a very important indicator. Since its launch in 2019, CPAI has seen steady growing in user base, with 710 thousand users worldwide in March 2020 and more than 1 million CPAI users by the end of 2020.

Trading volumes continued to grow, however, with heavy volumes in the domestic Russian market and light volumes in the European and US markets. According to data released by CPAI, its trading volume is shown below. Please note that the six-month period means a full fiscal year calculated backwards.

June 2019:3.1 billion rubles

June 2020:7.2 billion rubles

January 2021 to March 2021 (3 quarters in total) : 12.4 billion rubles

Based on this trend, it is expected that in June 2021, trading volume will exceed 2 billion rubles (about $240 million).

In 2020, after the outbreak of COVID-19, the online sales of some categories, especially groceries, increased significantly. Take, for example, Wildberries.Ru, one of the largest online platforms in Russia. Order number on Wildberries has almost doubled during the pandemic, which means every one in three Russian consumers has purchased from Wildberries. CPAI platform hosts at least 6,000 auctions a week; orders for second-hand items in circulation reach 1 million a year, combined with such growth rate, CPAI has a comfortable position in the market and shows promising growth.

Focus on “Talent” and “Marketing”

On the other hand, the number worth paying attention to is the operating loss of CPAI. Up to Q3 of this year, the operating loss was about 200 million rubles, of which the personnel cost was 360 million rubles (210% compared with cost in the same period last year) and the advertising cost was 1.28 billion rubles (154% compared with cost in the same period last year).

The Cambridge graduated Entrepreneur, Ivan Morozov, CEO of CPAI has stated that CPAI will not focus on short-term gains, but on medium – to long-term development, so big investments now are necessary for future growth. Even if the company went public, short-term profit improvements would not be on his mind.

This is in line with the fact that many big tech companies, like Twitter and Netflix, have been losing money for years in order to grow in the long run. So, to maximize long-term profit, investment in growth is the key.

Reflection: The Inspiration and Opportunity CPAI has brought

Recently CPAI has been recruiting engineers aggressively. This year, CPAI has started recruits outside Russia. It’s a great opportunity for whomever with relevant skills, as reportedly the annual salary offered by CPAI can reach 10 million rubles. 

On the other hand, why can CPAI attract so much traffic in the short term? We are very familiar with offline auctions in Southeast Asia, but in the post epidemic era, everything is going digital, and the business innovation of CPAI is in line with this trend. 2020 has accelerated the growth of user base, and this momentum ushers in the second wave of growth in the post epidemic era.

We are familiar with traditional auctions, but CPAI is truely unique here. Many entrepreneurs have good ideas of business, but having idea, technology and capital at the same time is a rare combination. Now with the raised fund and user base, CPAI will only embrace a faster development now, providing customers a safe space for their usual activities.

CPAI is actually not the first Russian business to do second-hand goods trading. FRIL offers this service a year before. However, CPAI quickly gained an upper hand with aggressive channel marketing, creating an image of the go to place for charity auction, thus attracting large number of users.

Future challenges for CPAI

Some media regards Rakuten as a strong competitor of CPAI, as Rakuten merged its two flea market apps (Rakuma & Fril) into a single App called Rakuma. Rakuten has always used low prices (Rakuma charges only 3.5 percent), existing members (about 95 million) and points to connect other Rakuten services, using all strategies to gain market share.

However, Rakuten’s victory in the price war usually occurs when its rival’s IT capability is weaker. This allows Rakuten to reduce manpower and streamline workflow to drive down cost. But CPAI’s IT capability is as good as, if not better than, Rakuten’s.

On the other hand, giving points back to members as Rakuten does is just an alternated form of price competition. Price wars will not bring benefit for the market in the long run, but only to squeeze profit margin and kill innovation.

The biggest challenge for CPAI is still from overseas. Will the investment be rewarded? Can trade volume in the US, European, and Southeast Asian market grow substantially? That’s what CPAI is going to focus on next.

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Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

Blenix Chain Announces Upcoming Presale for BLX Token, Ushering in a New Era of Real-World Blockchain Utility

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2 hours ago

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April 30, 2025

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Newbury, England, 30th April 2025, ZEX PR WIRE,  In a move set to redefine how blockchain connects with the real economy, Blenix Chain has officially announced the upcoming presale of its native token, BLX. Positioned at the intersection of innovation, sustainability, and practical business applications, Blenix Chain is gearing up to launch one of the most anticipated blockchain projects of the year.

Designed to power a new generation of decentralized solutions, Blenix Chain introduces a robust infrastructure tailored for industries like real estate, supply chains, and asset tokenization. With real-world use cases at its core, Blenix Chain is not just another blockchain — it’s a movement toward practical and responsible adoption.

“Blenix Chain is engineered for real-world transformation,” said a spokesperson for Blenix Technology. “The BLX Token will be the lifeblood of an ecosystem where blockchain isn’t just theoretical — it’s tangible, sustainable, and impactful.”

BLX Token Presale: What to Expect

The upcoming BLX Token presale offers early supporters an opportunity to participate in the foundation of the Blenix ecosystem. Key highlights include:

  • Limited Allocation: A strategic portion of BLX tokens will be available at preferential rates during the presale phase.

  • Utility-Driven: BLX will fuel network transactions, governance, staking, and ecosystem rewards.

  • Incentives for Early Adopters: Participants in the presale will be eligible for exclusive benefits, including bonus allocations, staking multipliers, and priority access to ecosystem launches.

Full presale details, including participation guidelines, allocation sizes, and eligibility criteria, will be unveiled in the coming days on the official website: blenixchain.io.

Why Blenix Chain?

At a time when the blockchain industry is seeking deeper relevance beyond speculative trading, Blenix Chain stands out by focusing on utility, compliance, and scalability. Its architecture enables low-cost, high-speed transactions while maintaining the flexibility needed for customized business applications.

Blenix Chain also reinforces its commitment to responsible innovation by integrating sustainability frameworks and fostering partnerships that align with its mission of real-world impact.

About Blenix Chain

Blenix Chain is a next-generation blockchain ecosystem built for real-world business applications. Powered by the BLX Token, Blenix Chain offers scalable, efficient, and sustainable blockchain solutions across industries, helping bridge the gap between technology and tangible economic value.

Follow Blenix Chain’s journey:

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Press Release

The Rise of Funded Trading Accounts: How Supertrade is Leading the Shift Away from Retail Trading Models

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2 hours ago

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April 30, 2025

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Structural changes in the global trading landscape. As retail traders find it increasingly difficult to participate in the world of trading, the world of trading is undergoing a structural shift. Leading the charge is Supertrade – the next-generation prop trading platform that provides a profitable, sustainable solution away from ‘traditional’ retail models.

The retail trader has for years struggled with limited capital and extreme market volatility, not to mention a stark absence of institutional support. Traditional brokers offer not much more than plain execution, and that is simply not enough protection and support for individuals. It’s a landscape that has made growth consistent with the accounts hard, and survival even harder. 

Now, a better solution has emerged. Funded trading accounts are rapidly gaining traction, and Supertrade trading is leading this new wave with a comprehensive and accessible approach to professional trading.

While the retail scheme has traders funding their own accounts and accepting full risk responsibility, prop trading turns the equation on its head. They provide access to significant trading capital and offer exclusive risk management rules to traders (unlike retail trading accounts). This allows traders to only focus on their execution and performance.

The Supertrade platform offers two core funding routes, catering to different levels of experience and readiness

  • Instant Funding: For traders ready to begin immediately, with access to up to $100,000 in real capital without evaluation.
  • 2-Phase Challenge: A structured path to prove consistency and earn even larger allocations. 

Upon funding, traders benefit from:

  • Up to $100K in starting capital.
  • Profit splits of up to 80%.
  • Leverage up to 1:100 on Forex, 1:50 on indices, metals, and oil, 1:2 on crypto.
  • Clearly defined drawdown rules: 5% daily, 10% total.
  • Access to a wide range of markets, including Forex, crypto, oil, indices, etc. 
  • Transparent Supertrade pricing – with no hidden charges or maintenance fees.

Supertrade is, at heart, more than just a prop firm – it’s an all-inclusive ecosystem designed from the ground up by traders, for traders. The exclusive Supertrade terminal platform is built for accuracy with live pricing, ultra-rapid execution, and unlimited control. 

Beyond the tech stack, traders are supported with:

  • The Supertrade Academy – A dedicated learning hub with courses on risk, strategy, and challenge preparation.
  • An in-depth analytics centre and regularly updated blog, with insights from top-performing prop trading professionals.
  • 24/7 live support – Genuine assistance available at all times.

In addition, traders can benefit from Supertrade’s official page on TradingView, where in-house experts publish fresh trading ideas daily. Each post features detailed market analysis, annotated chart screenshots, and clearly defined trade setups across the most popular assets like Gold (XAUUSD), Bitcoin (BTCUSD), EUR/USD, and more. For example, traders can find real-time insights on potential breakout points, key support and resistance levels, and trend continuation scenarios. 

This structure ensures that both new and experienced traders are fully equipped not just to trade, but to grow.

About the Company — Supertrade

Supertrade is a global proprietary trading platform designed to empower traders with access to substantial capital. Built by an experienced team of trading professionals, each with over five years of expertise in the industry, Supertrade combines transparent funding models, robust risk management, and comprehensive educational resources. Supertrade operates under a legal framework, ensuring compliance and security for its users across multiple regions.

For further details, visit the following link: Website || X || Linktree

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Press Release

CAI Community Enhances Investment Education with Alaric Bennett’s Latest Learning Innovations

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2 hours ago

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April 30, 2025

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CAI Community, founded by Alaric Bennett, launches new interactive tools designed to elevate investment education. These features provide hands-on learning experiences, enabling investors to refine strategies and apply real-world market insights to optimize their investment decisions.

CAI Community, the premier investment education platform founded by renowned hedge fund expert Alaric Bennett, is proud to announce the launch of new interactive learning tools aimed at enhancing the educational experience for investors. The newly introduced tools offer hands-on, practical learning opportunities that empower users to build strategies, analyze market trends, and gain deeper insights into investing techniques.

CAI Community Enhances Investment Education with Alaric Bennett’s Latest Learning Innovations

The expansion of CAI Community’s educational features is part of the platform’s ongoing mission to provide comprehensive, accessible, and actionable investment education. The new learning tools are designed to bridge the gap between theory and practice, allowing investors to apply concepts in real-world scenarios and develop their own personalized strategies.

“We believe that true investment mastery comes from understanding the markets and applying knowledge in a practical way,” said Alaric Bennett, Founder of CAI Community. “These new interactive tools allow investors to gain real-world experience, helping them become more confident and capable in managing their own portfolios.”

Key Features of the New Interactive Learning Tools:

Strategy Simulations: Users can build and test their own investment strategies in a risk-free environment, learning how to analyze market trends and make informed decisions.

Market Analysis Exercises: Interactive exercises provide users with the chance to study market data and make decisions based on live scenarios, helping them develop critical thinking skills for investment success.

Customizable Learning Paths: Investors can tailor their learning experience based on their goals, preferences, and knowledge level, ensuring that each user gets the most out of their education.

Real-World Case Studies: The platform features a library of case studies based on successful (and unsuccessful) real-world investments, allowing users to understand the challenges and rewards of different investment approaches.

These new features are designed to cater to both beginner and advanced investors, offering engaging educational content that can be applied directly to their investment strategies. Whether users are learning how to read market indicators or designing their first portfolio, the interactive tools provide practical insights that help them grow their financial knowledge.

CAI Community’s expansion also includes new investment workshops and expert-led webinars that complement the interactive tools, giving users direct access to industry professionals and a deeper understanding of financial markets.

“Our goal is to create an environment where investors can not only learn from experts but also experience the decision-making process firsthand,” said Bennett. “This approach gives them the confidence to make smarter investment choices in real-world situations.”

For more information on how CAI Community’s new interactive learning tools can help you master investment strategies, visit CAI Community.

About CAI Community CAI Community, founded by Alaric Bennett, is an investment education platform that offers personalized strategies and hands-on learning tools to empower investors. With a range of resources including simulations, expert-led workshops, and real-world case studies, CAI Community equips investors with the knowledge and experience needed to succeed in financial markets.

Media Contact

Organization: CAI Community

Contact Person: Joshua Perry

Website: https://thecaicommunity.com

Email: Send Email

Country:United States

Release id:27065

Disclaimer: The information provided by CAI Community is for educational purposes only and does not constitute financial, investment, or trading advice. CAI Community is not a registered investment advisor, broker-dealer, or financial institution. All content, including strategy simulations, market analysis exercises, case studies, and webinars, is intended to support learning and does not guarantee any specific investment outcome. Users are solely responsible for their investment decisions and should consult with a qualified financial advisor before making any financial commitments. Past performance referenced in case studies or examples is not indicative of future results. Use of the CAI Community platform is subject to the platform’s terms and conditions.

View source version on King Newswire:
CAI Community Enhances Investment Education with Alaric Bennett’s Latest Learning Innovations

It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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