Wednesday, January 13, 2021
Home Tech Shopmatic aims to turn cash positive in 2021 - Times of India

Shopmatic aims to turn cash positive in 2021 – Times of India

Shopmatic has registered revenues of over S$7M in 9 months (April-December 2020). The company claims to have exceeding its target by 40%.
“The company witnessed great demand from customers in Singapore,India, Malaysia & Hong Kong a testament to the digital wave which has been accelerated due to the effects of COVID-19,” said the company in a statement.
In December 2020, Shopmatic launched a new range of solutions allowing customers to choose from four different ways to ecommerce via Shopmatic Chat, Shopmatic Social, ShopmaticWebstore, and Shopmatic Marketplaces.
During the last 9 months, Shopmatic as a group claims to have enabled over 5000 Singaporean businesses to digitize and generate significant customer revenues by helping businesses sell through marketplaces, social media commerce and their webstores.
The company plans to further expansion in SouthEast Asia this year and is said to be in advanced discussions with investors for a Series B Fund Raise.

.

Source link

Avatar
Sahilhttp://digitalguruji.org
In this blog our main motive is to provide you all kind of latest information about technology, politics, sports, and health. If you want to read this information then you should have to visit our website. This information will help you to increase your knowledge.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

5 ways of teaching self-love to kids

Young children should be taught about the importance of self-love in their budding years. Here are some ways you can teach your...

‘Exam dates soon; no change in question paper pattern’ – Times of India

Syed Omer Jaleel, commissioner and secretary of Telangana State Board of Intermediate Education answers queries of TOI readers on board exams, syllabus and...

In post Covid-19 era, CA exams to be held online – Times of India

VADODARA: During the peak of Covid-19 induced pandemic, Institute of Chartered Accountants of India (ICAI), the statutory body that manages the CA profession...

Byju’s to pay $1 bn for Blackstone-backed Aakash tutorials – Times of India

India’s biggest online-education startup Byju’s has signed a deal to acquire brick & mortar test prep leader Aakash Educational Services Ltd...

Recent Comments