Qoo10
Date | Investors | Amount | Round |
---|---|---|---|
$35.0m | Early VC | ||
$82.1m | Series A | ||
$573m Valuation: $573m | Acquisition | ||
$573m Valuation: $573m | Acquisition | ||
* | KRW114.8b | Debt | |
Total Funding | CAD160m |
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EditQoo10.sg is an online marketplace that provides a secure and convenient shopping experience for a diverse range of products. The platform serves both individual consumers and small to medium-sized businesses, primarily in the Asian market. Qoo10 operates on a business-to-consumer (B2C) and consumer-to-consumer (C2C) model, allowing sellers to list their products and buyers to purchase them directly through the site. The company generates revenue through transaction fees, advertising, and premium services offered to sellers for enhanced visibility and sales optimization. Qoo10's business model focuses on creating a seamless shopping experience by integrating secure payment systems, efficient logistics, and customer service support. The platform aims to expand its reach across more Asian countries, leveraging its robust technology infrastructure and user-friendly interface to attract a growing customer base.
Keywords: online marketplace, secure shopping, diverse products, B2C, C2C, transaction fees, advertising, premium services, logistics, customer service.