Spiritrade
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Spiritrade is the world's first B2B global drinks exchange, established in 2017 and operational since 2019. Headquartered in London, UK, it provides an online marketplace for industry professionals to trade beverages securely and efficiently. The platform has significantly reduced waste and inefficiencies in the drinks trading process. The company focuses on connecting buyers and sellers globally, offering features such as transparent pricing, escrow services, real-time negotiations, and customizable listings. Initially centered on spirits, Spiritrade has expanded its offerings to include beer, wine, champagne, and non-alcoholic drinks. It has experienced remarkable growth, achieving over £10 million in turnover by 2021 and receiving multiple awards for its innovative platform. Spiritrade serves a diverse range of clients, including brand owners, wholesalers, distributors, and retailers across more than 95 countries. The platform acts as a vital tool for inventory management and excess stock sales, particularly in emerging markets.
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