B2B e-commerce platform Buy2Sell reaches 1 mln hits
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According to statistics for Buy2Sell’s Google Analytics in 2021, the platform recorded over half a million visits and 140,000 registered users.
In 2020, the platform reached about 400,000 visits and 56,000 registered users. In two years, it has recorded one million hits and more than 200,000 registered users.
According to Buy2Sell’s importation data for the second semester of 2021, Buy2Sell Vietnam imported more than $22 million of goods through their global network of suppliers. These goods are destined for large local buyers using the platform. The most popular items are wine, nutritional food and cosmetics.
“We are in a growth phase. Our revenue stream provides Buy2Sell steady capital. Currently, we have received interesting offers from large investors. However, we are very humble right now in speaking about evaluation. Our focus is to deliver value, quality of service, brand influence in the community and efficiency. E-commerce is our primary goal,” Harry Morant, Buy2Sell CEO, shared.
While most people use Google and other search engines to locate products, businesses did not have the same capabilities in the past. However, this is changing thanks to the increasing number of B2B eCommerce marketplace platforms. Now more than ever most businesses, large or small, heavily rely on B2B E-commerce marketplaces.Buy2Sell was established in 2015 and belongs to the group LLHP PTE LTD, Singapore.
Vietnam stands to benefit as the B2B E-commerce market with the highest growth rate in Southeast Asia, reaching $13.2 billion in 2020, and is expected to grow at a CAGR of 43 percent by 2025. Buy2Sell plans to build a faster and more user-friendly platform and expand its sales, marketing, and technology teams to drive rapid growth.
Questions & Answers
Q.What kind of products does Buy2Sell typically import and sell?
What kind of products does Buy2Sell typically import and sell?
Buy2Sell primarily imports wine, nutritional food, and cosmetics. These items are sourced through their global network of suppliers and sold to large local buyers using the platform.
Q.Who owns Buy2Sell, and when was the company founded?
Who owns Buy2Sell, and when was the company founded?
Buy2Sell was established in 2015 and is part of the LLHP PTE LTD group, which is based in Singapore. It operates as a B2B e-commerce platform.
Q.What are Buy2Sell's future plans for platform development and team expansion?
What are Buy2Sell's future plans for platform development and team expansion?
Buy2Sell intends to build a faster, more user-friendly platform. They also plan to expand their sales, marketing, and technology teams to support rapid growth.
Q.How much has Buy2Sell Vietnam imported in total value for the second half of 2021?
How much has Buy2Sell Vietnam imported in total value for the second half of 2021?
According to importation data for the second semester of 2021, Buy2Sell Vietnam imported goods valued at over $22 million. These goods were imported through their global network of suppliers.