Phones and Handheld Devices Company Investment Opportunity in Klang, Malaysia
Our client is Malaysia's largest mobile and telecommunication devices distributor and retailer that sells products through O2O commerce platform with 13 million users and through 10K re-seller points and 80 retail stores. Focus market for the company is Peninsular Malaysia, with regional aspiration to grow in ASEAN. Digitally transforming itself as fintech-powered O2O installment shopping platform for consumer electronics including mobile devices. Also launching its MVNO mobile prepaid business soon (just got MVNO reseller licence and largest domestic telco's MVNO operatorship)
In a highly fragmented wholesale market in Malaysia ripe for industry consolidation, this industry leader is forecasted to strengthen its grip on the mid-downstream market of Malaysia mobile gadget industry by M&A driven market consolidation and digitization of its wholesale-to-retail fulfillment to grow its business size by 2-3 times within 2-3 years. 5G wave from next year onward is expected to propel this corporate group to the next level, considering the proliferation of more IoT consumer devices that will enlarge the total market size of this industry.
Wholesale and retail of mobile & telecommunication devices in an increasingly integrated online-to-offline and offline-to-online omni-channel, with focus on its upcoming fintech-powered instalment shopping platform for consumer electronics to grow across ASEAN.
14 hours agoSenior Executive, Toronto, Family Office accepted business proposal
Earlier than 15 daysProject Director, Kuala Lumpur, Business Broker connected with this business
Earlier than 15 daysCEO, Ontario, Commercial Real Estate Broker connected with this business