TOMTOP (Shenzhen Tongtuo Technology Co., Ltd.) was founded in 2004 and is headquartered in Shenzhen. It is a first-tier cross-border e-commerce company in China and one of the "Four Young Masters of South China City". It pioneered the "pan-channel and pan-supply chain" business model and is engaged in import and export two-way cross-border e-commerce trade. About Tongtuo Tongtuo's import business is committed to introducing high-quality global products to China through various channels such as Walmart, Carrefour, RT-Mart, NetEase Kaola, Tmall Global, JD Global, Tongtao WeChat Mall, etc., covering nearly ten categories including food, daily chemicals, beauty, mother and baby, wine and beverages, and thousands of products. The export business is committed to selling high-quality Chinese products to end consumers around the world through eBay, Amazon, AliExpress, Wish, TOMTOP and other channels, including game accessories, computer accessories, mobile phone accessories, auto accessories, photographic equipment, audio and video, home furnishing, health, beauty, clothing, toys, outdoor and other dozens of categories, tens of thousands of products. Tongtuo Technology uses Internet thinking, modular management, IT technology and other methods to innovatively solve the complex relationship between multiple categories, multiple platforms, multiple countries and multiple languages, and provide high-quality and low-priced products to global consumers. At present, the company is working hard to integrate upstream and downstream resources, carry out extensive cooperation, and integrate R&D, production, branding, marketing, channels, investment, and mergers and acquisitions into an ecological platform. Tongtuo's business scope Tongtuo supply chain advantages 1. Outstanding supply chain integration capabilities It has a supply chain management system with many categories, complete products, high frequency and internet-based; it has a wide range of sales platforms (PC and mobile) and a large number of sales outlets (more than 200 main sites). 2. Efficient and traceable supply chain Independently developed ERP ensures transparent management from suppliers to C-end, and guarantees inventory turnover within 30 days. 3. Global layout of 100,000 square meters of self-operated warehouses We have more than 100,000 square meters of self-operated warehouses worldwide, and our overseas warehouses cover tens of thousands of square meters in the UK, the US, Germany, and Hong Kong. We effectively integrate procurement, warehousing, and logistics and transportation resources in various countries, being closest to individual consumers for export business and closest to the source of the supply chain for import business. Development History -In 2004, Tontop was established, its independent website tomtop.com was launched, and it joined the eBay platform. -In 2006, we joined eBay's international platforms in the United States, the United Kingdom, and Australia, and started our cross-border e-commerce journey. -In 2008, we expanded multiple product categories and sales channels, pioneering the "pan-channel and pan-supply chain" business model. The fully self-developed ERP 1.0 was launched. -In 2012, we started our internationalization journey, set up self-operated overseas warehouses in the United States, the United Kingdom, and Germany, and launched the independent research and development and design of high-end smart product projects. -In 2015, Tongtao International, the import business, was launched; two rounds of financing of RMB 300 million were completed; the global layout was expanded, and companies in France, Spain, Hong Kong, Italy and Japan were successively established. -In 2016, it was awarded the title of "Shenzhen High-tech Enterprise"; "Shenzhen Through Train Enterprise"; "Shenzhen Top Ten Key Service Trade Enterprises"; "Technologically Advanced Service Enterprise"; and "Shenzhen Service Trade Demonstration Project Enterprise". -In 2017, it won the title of "National E-commerce Demonstration Enterprise" and the "Excellent Merchant Award on eBay, Wish and other e-commerce platforms"; accelerated its global layout, and established subsidiaries in Australia, Xi'an, Chengdu, Shanghai, Yiwu, Kunming, Ningbo and other places; imported Tongtao International. Sales expanded to 20 provinces and cities across the country, more than 7,000 terminal outlets; and obtained more than 30 software copyrights. -In March 2018, the merger between Huading and Tongtuo was approved by the China Securities Regulatory Commission. |
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