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Online Marketplace Company Investment Opportunity in Lapu-Lapu City, Philippines

Funds sought by company with an online platform that has petroleum as a fast-moving commodity.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity C Corporation
Reported Sales USD 1 million
Run Rate Sales USD 1.2 million
EBITDA Margin 4 %
Industries Online Marketplace
Locations  Lapu-Lapu City
Local Time 8:42 PM Asia / Manila
Listed By Management Member
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 1 million for 7.0% stake (Native Currency: USD 1,000,000)
Reason: We need investment to improve the traction of the platform and bring up our operating profit margins... View More
Includes physical assets worth USD 50 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- E-commerce platform for reverse auction of petroleum and LNG products by oil companies.
- Sellers on the platform are the 3 big oil & gas companies Dutch Shell, Chevron, and Petron.
- We have about 1,000 buyers from across the Philippines.
- The buyers are oil refineries and marketing companies.
- We charge an average of 1.5% commission on each reverse auction.
- Our revenue has been growing year-on-year since inception.
Products & Services Overview
Online deal-making platform where the top 3 sellers of oil & gas (Dutch Shell, Chevron, and Petron) can reverse auction their petroleum products. The buyers can place orders through our platform as well.
Assets Overview
Tangible assets - office furniture, fixtures, laptops, and computers.
Intangible assets - the proprietary technology of our platform.
Facilities Overview
We operate from a leased office in the northern part of Lapu-Lapu city in the Philippines.
Capitalization Overview
- The company has a credit line with the bank.
Recent Activity
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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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