What is ezbuy? ezbuy Review

Basic Introduction

ezbuy is a purchasing platform established in 2009. It was previously called 65daigou and mainly provides purchasing services for Taobao products in the Singapore market.

The mission is to make it easier for 650 million people in Southeast Asia to access global products and enjoy the diversity and benefits of global products. "Buy Global, Locally" is committed to continuously optimizing the global shopping experience to a local shopping experience that is fast, safe and reliable. Thousands of sellers have now settled on the ezbuy platform, and ezbuy will continue to help the platform's own sellers deliver high-quality products to hundreds of millions of Southeast Asian users.

Platform Advantages

1. Strong strength

Southeast Asia has a target population of 650 million, with huge market potential; experienced elite team, 1,000+ employees; 6 self-owned warehouses

2. Rapid development

Series C Financing

More than 1,000 sellers have signed up; average daily orders: 200,000

3. Settlement Fees

0 international shipping fee; small platform service fee

4. Easy to operate

No need to worry about international logistics, just ship the goods to ezbuy domestic warehouse

No need to worry about customer service, ezbuy has its own customer service team

Don't know how to operate? Our experienced operations team will connect with you

Eligibility

1. Quality: Good product quality, good reputation, and brand merchants are preferred

2. Price: The product price is reasonable and competitive in the market

3. Quantity: Rich variety of goods and sufficient inventory

4. Efficiency: fast new products and fast delivery

5. Performance: High degree of cooperation, no fraud

Southeast Asian shopping website ezbuy

Merchants Category

Financing

In March 2016, ezbuy completed its Series B financing with a total amount of US$20 million. Investors included Shanghai private equity fund Vision Knight Capital and existing investors IDG Capital and China Growth Capital.

In May 2018, ezbuy completed a US$17.6 million Pre-C round of financing. Investors included IDG Capital, Ventech, Yunjiu Capital, Jiayu Fund, and Huachuang Capital.

history

In 2010, the first pickup location at Yew Tee, the residential address of the founder of ezbuy, was established. 65daigou is the first, largest and most complete online professional purchasing platform in Singapore.

In 2011, ezbuy successfully provided a one-stop shopping and delivery solution for Singaporeans to purchase safely from Taobao, and successfully launched Channel 8 News, Pickup Collection to 8 locations in Singapore.

In 2012, ezbuy's pickup collection expanded to 36 locations in Singapore.

In 2013, ezbuy's pickup collection increased to 64 locations in Singapore.

In 2014, ezbuy's pickup collection increased to 128 locations in Singapore.

In 2015, ezbuy’s first experience store, Dhoby Ghuat Warehouse, was opened. Pickup collections increased to 180 locations in Singapore, covering 80% of Singapore’s residential areas

In 2016, ezbuy's services expanded to Indonesia, with the brand name ezbuy.

In 2017, annual GMV exceeded US$500 million.

As of 2017, ezbuy has established 277 pick-up points and 50 delivery service points in Singapore.

On November 8, 2018, LightInTheBox announced that it would acquire 100% of the shares of Singaporean e-commerce company ezbuy for US$85.55 million.

References

• 1. Lightinthebox acquires ezbuy, a weak-weak alliance or a double whammy? : Sohu [cited on 2018-11-08T16:00:00.000Z]