What is Banggood? Banggood Review

Basic Introduction

Banggood Technology Co., Ltd. (Banggood Technology for short) is a B2C e-commerce company focusing on cross-border trade.

Headquartered in Guangzhou, China, Banggood has subsidiaries in Shenzhen, Dongguan, Changsha, Hangzhou and Yiwu, and now has a young elite team of thousands of people. Initially, Banggood was deeply involved in third-party platforms such as eBay, Amazon, AliExpress, Wish, Newegg, etc., and won praise from third-party platforms and customers with high-quality products and attentive services.

status quo

1. So far, registered users have spread across more than 200 countries around the world, with more than 9.5 million daily visits!

2. The main products of the self-operated platform cover 15 categories, totaling more than 400,000 kinds of goods. The products are cost-effective and are favored by overseas merchants/consumers.

3. Our products are mainly exported to the United States, the United Kingdom, Germany, France, Spain, Australia, Russia, Japan and other countries, and we are actively entering emerging markets such as the Middle East and Southeast Asia.

4. In order to create a better experiential and diversified shopping platform, Banggood launched the "PC mall + WAP mall + APP" mall system construction plan.

Main categories

Banggu's main products cover more than 20 categories, totaling more than 100,000 commodities, such as: mobile phones, digital accessories, electronic products such as photography and videography, toys, model airplanes, outdoor sports and leisure, wedding dresses, clothing, shoes, bags and accessories, home furnishings, home textiles, kitchen and bathroom and other categories.

The products are mainly exported to the United States, the United Kingdom, Germany, France, Spain, Australia, Russia and other countries, and are actively entering emerging markets such as the Middle East and Southeast Asia.

model

Banggood operates and develops its own platform and third-party platforms in parallel. It has deep roots in third-party platforms such as eBay, Amazon, AliExpress, Wish, Newegg, and owns its own platforms BANG GOOD, NEWCHIC, and YOUINS.

In order to create a better experiential and diversified shopping platform, Banggood launched the "pc mall + wap mall + app" mall system construction plan.

Corporate Culture

Corporate mission: Bring China's high-quality products and supply chain to the world

Corporate slogan: Make it happen!

Corporate Vision: To become a global top-level company that satisfies customers

Corporate values: integrity, equality, sharing, innovation, pursuit of excellence, customer-centricity

honor

BrandZ™ Top 50 Chinese Global Brands in 2018

Ranked 2nd in the 7th China SEO Ranking in 2017

Top 50 Chinese Global Human-Oriented Marketing Brands in 2017

Top 15 Chinese Global Human-Oriented Marketing E-commerce Brands in 2017

eBay Sales Gold Award 2017

2016 Most Outstanding PayPal Merchant Award

eBay Sales Silver Award 2016

eBay Sales Gold Award 2015

2014 DHL Partner of the Year

eBay Sales Gold Award 2014

2013 China Cross-border E-commerce Industry Leadership Award

eBay Sales Gold Award 2013

eBay Sales Gold Award 2012

eBay China's Top 50 Cross-border Transactions in 2011

Development History

In 2009, Banggood Technology Co., Ltd. was established.

In 2010, the US warehouse was put into use

From 2012 to 2017, it won the eBay Sales Gold Award.

In 2012, the British warehouse was completed and put into use.

Amazon Web Platform launched in 2012

Yahoo Network Platform launched in 2012

In 2012, we established sites in countries with minority languages ​​to develop markets in these countries.

In 2015, a subsidiary was established in Shenzhen and the partnership system was initiated.

In 2016, the Australian warehouse was put into use.

In 2017, it was renamed Guangzhou Banggood Technology Co., Ltd.

On November 29, 2018, China-Czech Resources (002021) disclosed its plan to acquire Guangzhou Banggood Technology Co., Ltd., a cross-border export e-commerce company. On the evening of December 5, China-Czech Resources (002021) disclosed an announcement stating that since it was unable to reach an agreement on some transaction terms within a certain period of time, the company terminated the planning of the reorganization and the company's stock will resume trading on December 6.

In 2019, on its 10th anniversary, BG website entered the top 500 in the Aexa global ranking.

References

• 1. Big news! Banggood Technology, the largest cross-border e-commerce export company in Guangzhou, plans to go public through a backdoor listing: Baijing Going Global [cited on 2018-11-28T16:00:00.000Z]
• 2. Banggood Technology was "quickly" terminated by Zhongjie Resources: ebrun [cited on 2018-12-06T16:00:00.000Z]