![\"tok\"](\"https:\/\/www.rudebaguette.com\/assets\/tok.png\")
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It seems like Paris fundraising rounds are getting bigger by the quarter – Algolia’s crushing $2.8M Seed Round, Blablacar’s monster $100 Million round<\/a>, and now, Rude Baguette has learned, On-Demand marketplace TokTokTok<\/a> is working on closing a round upwards of $20 Million. After hiring Carrefour’s former CFO<\/a>\u00a0to lead the company earlier this year, the startup is looking to go global, fast – and in order to do that, the Carrefour CFO, along with other investors, will be raising the necessary capital to attack other major cities around the world.<\/p>\n The startup, compared to the US PostMates, allows users to order anything, any time – similar to Uber, TokTokTok & Postmates manage a fleet of ‘runners’ (bicycylists, rollerbladers, or Segway-drivers, even) who receive your request and go purchase what you want from wherever they can.<\/p>\n TokTokTok runs on two modesl – a Cashback model, where they make deals with restaurants and other retail chains that allow them to pick things up without paying and then pay them on a monthly basis, and\u00a0a direct payment method.\u00a0It would seem that TokTokTok’s stats are going through the roof – how else could they seduce the CFO of a company known for its ability to scale logistics, supply & demand? – with some reports saying the company’s growth is growing at 60% week over week, with the company potentially making 100s of deliveries per day.<\/p>\n For now, TokTokTok hasn’t made any of their figures public – co-founder Serge Alleyne denied to comment when reached out to – however, keep a close eye on a company that is looking to do for delivery what Uber did for transport.<\/p>\n![\"867954\"](\"https:\/\/www.rudebaguette.com\/assets\/867954.jpg\")
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