What is Fordeal? Fordeal Review

What is Fordeal? Fordeal Review

Fordeal is a one-stop e-commerce shopping platform (B2C) for overseas C-end consumers. It is committed to delivering high-quality Chinese brands and supply chains to global consumers. Currently, it mainly operates in the Middle East, covering Saudi Arabia, the United Arab Emirates, Kuwait, Qatar, Oman, Bahrain and other countries. It is a firm practitioner of the country's core strategy of "One Belt, One Road".


Fordeal is a practitioner of Chinese manufacturing + upgrading, Chinese design and Chinese brand culture delivered to the world. It was founded by a group of elites from well-known domestic e-commerce platforms. The platform operates a wide range of product categories, covering many countries and regions around the world.



About Fordeal


Fordeal is affiliated to Guangzhou Dora Information Technology Co., Ltd., a one-stop platform for e-commerce going overseas. It was registered on August 14, 2017. The founder is Li Wenbo and the CEO is Lu Hao.


Fordeal mainly provides users with men's and women's clothing, luggage accessories, skin care and cosmetics, electronic digital products, sporting goods and other categories. Fordeal supports multiple languages, currencies and payment methods.


Main business area


Fordeal sales outlets cover many countries and regions including the Middle East, Europe and the United States, among which the Middle East market is the most important market. Its business covers Saudi Arabia, the United Arab Emirates, Kuwait, Qatar, Oman, Bahrain and other Middle Eastern regions.


Platform Advantages


1. Traffic support: The new platform provides more traffic support.


2. No commission required for settlement: No commission required for settlement, and all profits belong to the seller.


3. Automatic product management: automatic distribution of goods without uploading products.


4. No need for own customer service: No need for own customer service, no need to know foreign languages.


Settlement process


1. Business negotiation: Log in to the merchant backend and fill in the settlement information.


2. Cooperation confirmation: Wait for the staff to contact you to complete information confirmation and contract signing.


3. Product sales: If you have successfully settled in, you can launch new products. If a customer places an order, the goods can be sent to the designated domestic transit warehouse.


Investment


1. Overview: In March 2018, Xiangfeng Changqing announced that it had completed its investment in Fordeal.


2. Reasons for investment:


(1) The core members of Fordeal team are from Alibaba and have extensive experience in technology, promotion and supply chain management.


(2) Fordeal fully integrates localization and adopts localized operations. It operates products and content through local people, thereby improving the platform's consumer conversion rate.


(3) Fordeal had several years of experience in e-commerce before the project, and had accumulated rich resources in terms of personnel, suppliers, capital, etc. Fordeal's subsidiary, Dora Technology, was founded in 2014 and has two software products, Dora Ordering and Dora Delivery, covering nine categories including beverages/water, snack foods, grains, oils and non-staple foods, and personal care and cleaning products.

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