Ecommerce Website for Sale in Yangon, Myanmar
For sale: Leading ecommerce business with 50K+ registered users, based in Myanmar.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 900 thousand - 1 million |
| Run Rate Sales | USD 920 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Ecommerce Websites |
| Locations | Yangon |
| Local Time | 3:41 PM Asia / Bangkok |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
480 thousand
(Native Currency: MMK 1,000,000,000)
Reason: The owner wants to focus on other business.
Includes physical assets worth
USD
28.6 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Domain-Verification.pdf
(212.7 KB)
Business Overview
- Business is an ecommerce website that facilitates buyers in Myanmar to buy goods from China.
- There are thousands of small businesses and 20 large Chinese ecommerce companies registered on our website to sell their products in Myanmar.
- We have 50K+ registered buyers on the website and 35% of them actively use our Android and iOS app to view and buy the products.
- Till date we have served more than 2 lakh customers.
- Daily there are 12K+ visitors on the website.
- We charge percentage commission of the sale price from the vendor for every transaction.
- We have 2 warehouses in China to store and supply goods.
- Due to the pandemic, our ecommerce business has grown manifold in the last year.
- Business has been featured by BBC, The Sunday Times and The Straits Times.
- There are thousands of small businesses and 20 large Chinese ecommerce companies registered on our website to sell their products in Myanmar.
- We have 50K+ registered buyers on the website and 35% of them actively use our Android and iOS app to view and buy the products.
- Till date we have served more than 2 lakh customers.
- Daily there are 12K+ visitors on the website.
- We charge percentage commission of the sale price from the vendor for every transaction.
- We have 2 warehouses in China to store and supply goods.
- Due to the pandemic, our ecommerce business has grown manifold in the last year.
- Business has been featured by BBC, The Sunday Times and The Straits Times.
Products & Services Overview
We have 10+ categories of products covering household, office, beauty, travel, clothes, furniture, appliances, digital, etc. each consisting thousands of products.
Assets Overview
- Physical assets include office furniture and inventory from both the warehouses.- We also own the website, licenses to import/export and the ecommerce management software.
Facilities Overview
- We have a rented back end office of 2,500 sq. ft. in Yangon, Myanmar.- There are 2 rented warehouses in China. One near the China-Myanmar border (500 sq. meter) and one in Guangzhou (200 sq. meter)
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Professional Services, Guwahati, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Brussels, M&A Advisor connected with the Business
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