Highlights
- Franchisees continually grow steady in this quarter
- Global customers can now access the English version of the Bulkbuyworld ecommerce platform via mobile internet browser, the Bulkbuyworld official app (IOS and Android) and computer web browser
- Vendor/ seller platform in development for IOS and Android App
Updates on BulkBuyworld
BulkBuyworld is a wholesale and retail e-commerce marketplace that allows users and businesses to participate in group buying deals. BulkBuyworld enables merchants to set up an online store similar to the operation of
Bulkbuyworld is now available in both Chinese and English versions via desktop/mobile internet browser, and can be downloaded from IOS and Android.
Bulkbuyworld has now completed the development of and officially launched the English version of the mobile web-browser interface on
Bulkbuyworld continues to implement its business strategy of building a large online presence, attracting a large manufacturer network to provide thousands of products straight from the factory at lower prices.
Development of IOS and Android app for Bulkbuyworld sellers and vendors
Development of the Bulkbuyworld sellers app has commenced in September. This app will allow for sellers on the Bulkbuyworld ecommerce platform to easily manage their listings including sales and order management, product management, fulfilment and customer service. This app will be for Bulkbuyworld sellers only and will allow for convenient management of their online business.
Quarterly Cashflow
The Company ended the quarter with a cash balance of
COVID-19
The Company's operations in
The Company's daily operations continue as normal with current initiatives being executed to acquire more merchants through its existing strategic partnerships and are in preparation of executing in-person marketing activities once released from the control of the local government.
The company expects that once restrictions are eased, the marketing and merchant acquisition initiatives will be able to be fully executed.
About
MonkeyKing is an online e-commerce platform which sources Australian products from Australian suppliers to distribute to consumers in
BulkBuy is a wholesale e-commerce marketplace which allows users to participate in group buying deals. BulkBuy enables merchants to set up an online store and sell products directly to customers at wholesale prices by allowing several customers to participate in group buying deals (crowd-ordering).
Franks Haus is an online platform for leasing private properties, mainly for short term accommodation, in
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