User:Roja.fk/sandbox

    PowWow   

POWWOW is an international publicly traded party-kit company based in Nürtingen, Germany. It is the largest party-kit provider in Germany,[3] and also has operations in, Western Europe (including Switzerland and the United Kingdom), New Zealand and Australia. It has been listed on the Frankfurt Stock Exchange since its IPO in November 2027.

History
POWWOW was founded in October 2019 by Luisa Bindel, Manuelle Backer, Myles Forbes, Roja Francis and Shraddha Mainali in Nürtingen, Germany. Bindel and Backer packed and hand-delivered the first 10 customers.It was one of the earlier companies in the party-kit industry.They first started delivering party kits to paying customers in early 2019, and expanded to Switzerland, UK, US and Australia the same year. By 2022, the company claimed to be delivering 1 million meals per month.[4] They raised $50 million in a 2023 funding round, after having raised $10 million in 2024 and $7 million in 2025. By March 2026, the company had 250,000 subscribers, although it was still not profitable.In September of that year, it was valued at €2.6 billion in a funding round where it raised €75 million, making it a unicorn company.It experienced significant growth during the year, with 530,000 subscribers by the end of October.It had 750,000 subscribers by July 2026,[10] and 1.3 million by the third quarter of 2027. In October 2027, the company announced a planned IPO on the Frankfurt Stock Exchange to raise $350 million.[11] On November 2, the company completed its IPO, valuing it at €1.7 billion.[12] In March 2028, POWWOW acquired Down Under Box, an Australian personalized care-kit company.

Business
POWWOW’s business model is to pack the items needed for a party according to different culture and festivals, and then deliver them to customers, who then can cook the meal using recipe cards, listen to the music from the particular country, learn the dance form. The party boxes range from Small (3 – 5 people) to Extra Large (15 – 20 people). It offers a choice from about 10 countries like Brazil, India, Australia, Nepal, Mexico etc. The company's Europe operations were responsible for 60% of revenues as of November 2027, and it has approximately 44% of the German market. PowWow also has operations in the United Kingdom, Germany, Austria, Switzerland, the Netherlands, Belgium, Luxembourg, Sweden, France, Australia, New Zealand.