Lokein

Lokein

Lokein is a Malaysia secure marketplace - Buy and sell preloved, vintage, second hand and bundle items. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
USD20222023
Revenues<1m<1m
% growth-99 %
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DateInvestorsAmountRound

$10.0k

Angel

$400k

Seed

$110k

Grant
Total FundingCAD709k

Recent News about Lokein

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More about Lokeininfo icon
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Lokein operates as a comprehensive ecommerce platform designed to meet the diverse needs of businesses. The company provides an all-in-one solution that eliminates transaction fees, making it an attractive option for businesses looking to maximize their profits. Lokein serves a wide range of clients, from small startups to established enterprises, across various industries. The platform is highly versatile and customizable, allowing businesses to tailor the services to their specific requirements. This flexibility ensures that each client receives a solution that aligns perfectly with their unique business needs.

Lokein's business model revolves around offering a subscription-based service, where clients pay a recurring fee for access to the platform's extensive features and support. This model provides a steady revenue stream for the company while offering clients a predictable cost structure. The company also offers additional premium services and features that clients can opt into, providing further revenue opportunities.

The market Lokein operates in is highly competitive, with numerous players offering various ecommerce solutions. However, Lokein differentiates itself through its no transaction fee policy and the extensive support it provides to its clients. This support includes everything from initial setup and customization to ongoing maintenance and updates, ensuring that businesses can focus on their core operations without worrying about their ecommerce infrastructure.

Lokein makes money primarily through its subscription fees and premium service offerings. The company's focus on providing value through tailored solutions and comprehensive support helps it retain clients and attract new ones, contributing to its growth and profitability.

Keywords: ecommerce, no transaction fees, tailored solutions, subscription-based, customizable platform, business support, versatile, premium services, competitive market, client retention.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.