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Grocery Shop Investment Opportunity in Selangor, Malaysia

Offline & offline retail platform offering a wide range of products seeks funds for expansion.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 2.5 million
Run Rate Sales USD 1.4 million
EBITDA Margin 5 %
Industries Ecommerce Websites + 1 more
Locations  Selangor
Local Time 12:26 AM Asia / Kuala Lumpur
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 1.2 million for 20.0% stake (Native Currency: MYR 5,000,000)
Reason: We are raising funds to speed track and grow the business to new heights. The funds raised will be u... View More
Includes physical assets worth USD 24 thousand
Interested to connect with advisors
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Business Overview

- It is a shopping and loyalty reward platform that provides an engaging selling and buying experience for businesses and buyers alike.

- We provide a robust eco-system for sellers and buyers through our platform which incorporates several elements that make shopping rewarding for users and drive the transactional value up for sellers.

- Our platform also incorporates offline and online retailers and brands as we are an O2O2O platform.

- Our unique highlights include:

1. Comprehensive ecosystem - An ecosystem that is developed and supports the entire selling and buying journey both online and offline.

2. Dual rewards - A dual reward mechanism that ensures shoppers return and spend on the platform.

3. Group buys & social shopping - An engaging group buys and social shopping experience which encourages and rewards volume buying which generates more revenue for businesses.

- Our users and sellers are able to conduct and drive sales both online and offline.

- The business is offering a wide range of products for all types of requirements.

- We are into the recovering phase post-pandemic and the revenue is not up to the mark this year.

- A complete liabilities-free seeks funding for expansion.

Products & Services Overview

- Our eco-system is built and supported through various digital systems that have been developed by us which are:

1. Street mobile app (Android & iOS)

2. Biz app (merchant) (Android & iOS)

3. Built-in e-wallet.

4. Online e-commerce platform (with group buy function)

5. Back end portal for merchants (online mall)

6. Back end portal for merchants (offline)

- The channels are used to sell all kinds of products ranging from food, electronics, beauty, wellness, clothing, etc.

Assets Overview

- Tangible assets include working desktops, point of sales material, office supplies, and various other equipment.

- Website, apps, data, and licenses are some intangible assets owned by the company.

Facilities Overview

Currently, we are operating from a rented office in Malaysia.

Recent Activity
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1 Investor contacted this Business this week.
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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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