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Gaming Website for Sale in New Taipei City, Taiwan

For Sale: E-commerce company selling digital game vouchers with revenue growth 10X in 3 years.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 5.4 million
Run Rate Sales USD 5.4 million
EBITDA Margin 10 %
Industries Ecommerce Websites + 1 more
Locations  Kuala Lumpur + 1 more
Local Time 8:36 AM Asia / Pontianak
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 3.5 million (Native Currency: USD 3,500,000)
Reason: We’d like to get acquired by another company that has more network, acquaintance and expertise. We a... View More
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Business Name
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Business Overview
E-commerce platform for gamers to buy digital vouchers.
We offer a variety of over 50 digital top-up vouchers and gift cards including Mobile Legends, PUBG UC, Steam, iTunes, Nintendo and many more.
Connected to different payment gateways including mobile payment, credit card, e-wallet and convenience store, allowing end users to choose the most preferred payment method to purchase their favorite digital vouchers.
Have 500,000+ registered users with 73% retention rate.
10X growth in revenue over the last 3 years and 63% organic user rate.
We are the finalist of the MSC Malaysia APICTA Awards.
Revenue is generated through transaction fee and commissions.
Company is registered in Taiwan and Malaysia. Operations are mostly done from the Taiwan office and one of the promoters is in Indonesia.
We have efficient employees to manage the operations and depending on the workload we hire additional staff.
Products & Services Overview
One-stop platform for gamers to buy digital vouchers with ease and redeem them in peace.
Assets Overview
Intangible assets: $46,000 (Wallet Codes' IP)
We do not have any physical assets.
Facilities Overview
Rented co-working space - 100 square feet office room on the 14th floor at the Taipei Manhattan building, which is managed by Regus business center.
Capitalization Overview
Currently the business is funded with advance capital funds from a related company with no interest.
Outstanding debts: $840,000.
Shareholders:
1. Major shareholder - 40%
2. Second shareholder - 30%
3. Third shareholder - 30%
Recent Activity
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1 Buyer contacted this Business this week. 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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