Grocery Shop Investment Opportunity in Singapore

- Company sells food items like meat, vegetables, dairy, eggs and more through own website.

- Products are branded by suppliers but company's brand is labelled on delivery packages.

- 20% of goods are imported and 80% are procured from local suppliers.

- Has own logistics team for the delivery of goods.

- Within a short period of time, the company has established a network of over 100,000 recurring users on its platform through 3 main drivers, blockchain enabled online retail network, smart, on-demand supply chain and logistics and fulfilling growing opportunities in halal food service, with rigorous supply chain process to verify halal food source.

- Has a high growth rate in terms of revenue mainly due to increased conversion of visitors/users on the website, increased average spending and increased number of SKUs to 2,000 (from 700 previously).

Halal certified online grocer with 6 key categories:

1) Meat & poultry.

2) Seafood.

3) Vegetables.

4) Pantry.

5) Ready to cook products.

6) Dairy & eggs.

Physical assets include warehouse, cold room, and processing facilities. Intellectual assets include blockchain enabled platform and last-mile logistics service.

Two leased fulfilment centers in Singapore and an owned 5,600 square feet warehouse equipped with cold room facilities.