Online Marketplace Startup Investment Opportunity in Port Moresby, Papua New Guinea
Established | 0-1 year(s) |
Employees | 5 - 10 |
Legal Entity | General Partnership |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Online Marketplace |
Locations | Port Moresby |
Local Time | 2:16 AM Pacific / Port Moresby |
Listed By | Business Owner / Director |
Status | Moderately Active |
- Projected first-year revenue between PGK 120k and PGK 200k, with potential growth to surpass PGK 1 million in future years.
- Key differentiators will include fast local delivery, secure payment methods, and competitive pricing, enhancing consumer trust and satisfaction.
- The business holds a strategic advantage with deep-rooted local market expertise, efficient nationwide shipping, and a dedicated approach to customer support.
- Committed to supporting PNG vendors to stimulate local economic upliftment and sustainability.
- Plans to diversify product offerings, streamline delivery services, and enrich the overall customer experience in its roadmap for growth.
- The business positions itself as a catalyst for e-commerce development in Papua New Guinea, leveraging local networks and operational efficiencies.
It is registered under two shareholders holding 50% each but planning to sell a share of 30% for start-up cost which would be PGK 50k-60k.