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MARKETS & INVESTING | Alpha Bierneza, Singapore

Shopmatic allows sellers to upload unlimited products on its platform

And it also provides the “entire ecosystem” to sell online.

When many small business owners and aspiring entrepreneurs began wanting to expand or start selling online but didn't know how to go about it, Shopmatic was born.

Shopmatic empowers and enables small businesses and individual entrepreneurs to sell online. The company does this by providing the entire ecosystem to sell online – from creating a unique webstore with payment acceptance and shipping services integrated into the platform and the ability to list on marketplaces and social channels and insights to sell more. Sellers can use the platform to upload unlimited products at a monthly subscription fee of S$38.

Shopmatic is different from other players because the entire ecosystem for selling online and their target audience of individual entrepreneurs and the creation of the category. Additionally, the ability to list on marketplaces & social channels sets them apart, plus their ransparent & disruptive pricing, and localised & customised for climate for different markets.

Shopmatic was founded by industry veterans Anurag Avula, Yen Lim, and Kris Chen. Shopmatic is currently privately funded with angel investors from Singapore, United States, Taiwan & India. Shopmatic is currently available in India from January 2016 and in Singapore & Hong Kong from Q2, 2016. It intends to be present in Indonesia, Philippines & Thailand in the next few months. 

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