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Online Marketplace Startup Investment Opportunity in Port Moresby, Papua New Guinea

E-commerce startup revolutionizing retail in Papua New Guinea, seeking investment for start-up capital.

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
Overall Rating
Partial Stake Sale
USD 14.3 thousand for 30.0% stake (Native Currency: PGK 60,000)
Reason: Seeking investment by offering a share of 30% to cover our start-up cost, support in building trust ... View More
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Business Overview
- E-commerce startup headquartered in Port Moresby, specializing in online retail operations and nationwide postal delivery across Papua New Guinea, currently in pre-revenue stage.
- 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.
Products & Services Overview
Offer a wide range of products including electronics, phones, beauty products, fashion, second-hand items, and handmade goods, catering to the diverse needs of urban shoppers, young professionals, small business owners, rural customers, expatriates, and tech enthusiasts across Papua New Guinea.
Assets Overview
No assets as yet, we will start when we have investors.
Facilities Overview
We require building a container warehouse near our residential premises, where we can store products and delivery through post office. In the near future, we'll move out to central business location in Port Moresby.
Capitalization Overview
Currently, the business is not operational yet and no outstanding loans.
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.
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4 Investors viewed this Business this week. Register below to connect now!
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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