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Ecommerce Website for Sale in Puchong, Malaysia

Sale: SocialCommerce platform with 200K+ users, 5K active users, 50+ brands, subsidiaries in Indonesia, Singapore.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 590 thousand
Run Rate Sales USD 284 thousand
EBITDA Margin 20 - 30 %
Industries Ecommerce Websites
Locations  Puchong
Local Time 10:31 AM Asia / Kuala Lumpur
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 4.2 million (Native Currency: MYR 17,900,000)
Reason: Investors want to exit after 5-6 years with us. Valuation is based on Nasdaq listed entities in the ... View More
Includes physical assets worth USD 236 thousand
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Business Overview
- Last 6 years: Revenue CAGR 76.6%, GMV CAGR 83.1%
- Has a subsidiary company in high growth and large markets in South East Asia: Indonesia and Singapore covering approximately 300 million population.
- We targeting SEA's Social Commerce segment worth USD 48 billion growing at about 50% CAGR.
- Awarded Malaysia's Largest Dropshipping Platform.
- We are backed by 2 investors one of which is the Ministry of Finance, Malaysian government.
- All systems and applications are built by in-house software engineers.
- The dropshipping platform has established partnerships with major brands such as Lazada, Shopee, TikTok, and Panasonic.
- The platform has also partnered with the government for government initiatives to onboard new users.
- Users pay for products at cost price after sales, with additional charges.
- The platform charges fees in the form of a platform fee, monthly subscription, and a margin on product sales.
- Offers SaaS tools and additional services to users.
- Collaborates with over 50 brands as partners.
- Serves more than 200,000 clients, with 5,000 active customers.
Products & Services Overview
Easy Automated Dropshipping platform enabling users to start selling online and social channels without buying or keeping inventory. we help users earn income online.
Assets Overview
Assets include the following:
Inventory, office equipment, furniture, fixtures, cash in bank.
Facilities Overview
- The office space measures 1,500 square feet.
- Monthly rent for the office space is MYR 1,500.
- Warehouse space measures 4,000 square feet, located in Shalum.
- Monthly rent for the warehouse is MYR 4,000.
Capitalization Overview
- There are 6 shareholders.
- 2 investors: Commerce DotAsia Ventures and Cradle Fund (under Ministry of Finance Malaysia)
- The founder is the majority shareholder holds 30% of the company's shares.
- The company has loans and debts totaling MYR 700,000.
Recent Activity
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4 Buyers already contacted this Business. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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