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Ecommerce Website for Sale in Yangon, Myanmar

For sale: Leading ecommerce business with 50K+ registered users, based in Myanmar.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 900 thousand - 1 million
Run Rate Sales USD 900 thousand
EBITDA Margin 10 - 20 %
Industries Ecommerce Websites
Locations  Yangon
Local Time 3:42 AM Asia / Bangkok
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 480 thousand (Native Currency: MMK 1,000,000,000)
Reason: The owner wants to focus on other business.
Includes physical assets worth USD 29 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Business is an ecommerce website that facilitates buyers in Myanmar to buy goods from China.

- There are thousands of small businesses and 20 large Chinese ecommerce companies registered on our website to sell their products in Myanmar.

- We have 50K+ registered buyers on the website and 35% of them actively use our Android and iOS app to view and buy the products.

- Till date we have served more than 2 lakh customers.

- Daily there are 12K+ visitors on the website.

- We charge percentage commission of the sale price from the vendor for every transaction.

- We have 2 warehouses in China to store and supply goods.

- Due to the pandemic, our ecommerce business has grown manifold in the last year.

- Business has been featured by BBC, The Sunday Times and The Straits Times.

Products & Services Overview

We have 10+ categories of products covering household, office, beauty, travel, clothes, furniture, appliances, digital, etc. each consisting thousands of products.

Assets Overview

- Physical assets include office furniture and inventory from both the warehouses.

- We also own the website, licenses to import/export and the ecommerce management software.

Facilities Overview

- We have a rented back end office of 2,500 sq. ft. in Yangon, Myanmar.

- There are 2 rented warehouses in China. One near the China-Myanmar border (500 sq. meter) and one in Guangzhou (200 sq. meter)

Capitalization Overview
Not Disclosed
Recent Activity
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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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