What is Fordeal? Fordeal Review

What is Fordeal? Fordeal Review
Fordeal is a practitioner of China's manufacturing upgrade, China's design and China's brand culture 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. Founded in June 2017, founder Li Wenbo, website http://mai.fordeal.cn/


introduce

Fordeal mainly provides users with men's and women's clothing, luggage accessories, skin care cosmetics, electronic digital products, sporting goods and other categories. It supports multiple languages, currencies and payment methods. Its sales outlets cover many countries and regions including the Middle East, Europe and the United States. Among them, the Middle East market is Fordeal's most important market. Its business covers Saudi Arabia, the United Arab Emirates, Kuwait, Qatar, Oman, Bahrain and other Middle Eastern regions. Merchants can join without commission and do not need to provide customer service. It provides merchants with traffic support and automatic product management services.

Platform Advantages

Traffic support: New platform with more traffic support

No commission required: No commission required, all profits belong to you

Automatic product management: automatic distribution of goods, no need to upload products

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


Funding

As a platform, Fordeal's main income comes from platform commissions.

Merchants Category

Fordeal is currently recruiting sellers, including women's clothing, men's clothing, shoes, 3C, beauty, accessories, mother and baby, home furnishings, bags, stationery, etc. Fordeal has made great efforts in language localization. Sellers do not need customer service and do not need to understand the local language of the Middle East. Currently, there is no commission for entry.

Settlement process

The first step is to log in to his merchant backend and fill in the settlement information http://mai.fordeal.cn

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

The third step is to launch new products if you have successfully settled in.

Step 4: If a customer places an order, the goods will be sent to the designated domestic transit warehouse.

Financing

In March 2018, K2VC completed its investment in Fordeal.

In December 2018, Fordeal completed a multi-million-dollar Series C financing round from Hillhouse Capital, with participation from several old shareholders including Yuanjing, Shunwei, and Xiangfeng Changqing.

In April 2019, it completed its C+ round of financing with investment from Heyu Capital, raising tens of millions of US dollars.

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