Online Marketplace Company Investment Opportunity in Petaling Jaya, Malaysia
Established | 1-5 year(s) |
Employees | 5 - 10 |
Legal Entity | Private Limited Company |
Reported Sales | USD 80 thousand |
Run Rate Sales | USD 150 thousand |
EBITDA Margin | Operating at loss |
Industries | Online Marketplace |
Locations | Petaling Jaya |
Local Time | 10:10 AM Asia / Kuala Lumpur |
Listed By | Business Owner / Director |
Status | Active |
- The company aims to digitalize the businesses of merchants in Malaysia to provide value-added services.
- The application was launched 2 years ago.
- Currently have 11,000 users and 200 merchants on the platform.
- The business is currently running under loss since there are not many transactions taking place through our platform.
- It is a preferential platform focusing on local life services in Malaysia. By combining insurance and financial services with a "travel product + accident insurance" model, we not only meet consumers' product needs, but also provide value-for-money insurance + large coupons upon purchase, allowing consumers to purchase products from other merchants on the platform. Store write-off deduction. While saving costs for consumers, it also realizes traffic recycling within the platform, promotes the healthy operation of the internal cycle of consumer demand, and greatly improves user fission, purchase conversion, and repurchase stickiness.
Online market place for merchants and vendors.
Local life services: Integrate local life service scenarios and provide offline car maintenance/repair industry, comprehensive travel and tourism service women's economic industry chain, children's economic industry chain, pet industry chain, etc. , to provide consumers with one-stop life service solutions plan.
Financial insurance services: Cooperate with travel agencies and financial insurance institutions to create cost-effective travel packages and personal accident insurance products for consumers, and establish a reward mechanism to achieve rapid fission in the number of users. Other insurance products will also be expanded in the future.
Tangible assets include office furniture, 16 laptops, and 4 desktops.
Intangible assets - website and mobile app.
Office located in the center of the city on 2,700 sq ft with a monthly rent of MYR 3,600.
- The business is funded through personal funds.
- The company has 1 director and has no debts or liabilities.
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Earlier than 15 daysManaging Director, IT, Selangor, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysFounder, Web Development, Singapore, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysChief Operating Officer, IT, Kuala Lumpur, Corporate Investor / Buyer connected with the Business