Grocery Shop Investment Opportunity in Selangor, Malaysia
|Employees||5 - 10|
|Legal Entity||Private Limited Company|
|Reported Sales||USD 2.4 million|
|Run Rate Sales||USD 1.4 million|
|EBITDA Margin||5 %|
|Industries||Ecommerce Websites + 1 more|
|Local Time||8:49 PM Asia / Kuala Lumpur|
|Listed By||Business Owner / Director|
- 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.
- 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.
- 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.
Currently, we are operating from a rented office in Malaysia.
Earlier than 15 daysCo Founder, ECommerce - Beverage, Kuala Lumpur, Individual Investor / Buyer connected with the Business
Earlier than 15 daysDirector, Automation, Kuala Lumpur, Individual Investor / Buyer connected with the Business
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business