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Tag: Buy2Sell

  • Buy2sell Vietnam earns positive reviews from global partners

    Buy2sell Vietnam earns positive reviews from global partners

    Buy2sell Vietnam has received commendable reviews from international partners like Mykitkat, Leifredy, Kate of Tokyo, DrLoule, and Nunalin.

    In the dynamic realm of international commerce, Buy2sell Vietnam has emerged as one of the leading companies in importing and distributing goods and as a beacon of excellence garnering customer and supplier praise worldwide.

    In this narrative of success, the company has received many commendable reviews from esteemed international partners, including brands such as Mykitkat, Leifredy, Kate of Tokyo, DrLoule, and Nunalin.

    Mykitkat’s representative said that the firm had found an unparalleled partner in Buy2sell Vietnam. Its commitment to efficiency and market expertise has elevated the brand’s presence in Vietnam.

    “The transparent and trustworthy collaboration has expanded our reach and created a foundation for mutual success.”

    Another partner, Leifredy, has reviewed Buy2sell Vietnam as one of its privilege partners.

    “Their strategic market insights and commitment to excellence have significantly boosted our brand’s presence in the Vietnamese market. The efficiency of their distribution channels has broadened our reach and established a foundation of trust,” said Michael, CEO of Leifredy.

    Kate of Tokyo’s review of Buy2sell said it was the partner’s market expertise and dedication to innovation that seamlessly aligned with the brand’s vision.

    Lucy, Sales Director of Kate of Tokyo, and CEO Suyokama both said that Buy2sell’s efficient distribution networks have propelled their products into the hearts of Vietnamese consumers.

    They are not just a distributor but a true partner in the brand’s journey of success in Vietnam.

    “The efficiency of Buy2sell’s distribution channels has not only elevated Nunalin’s brand presence but has also played a pivotal role in meeting the diverse needs of the Vietnamese market. Buy2Sell is our great partnership,” said Shane, founder of Nualin.

    Lastly, there is DrLoule. They said that Buy2sell’s efficient distribution networks have expanded their reach and solidified their presence in the Vietnamese market.

    Collectively, these positive reviews from renowned international brands paint a vivid tapestry of success for Buy2sell Vietnam.

    The reviews from Mykitkat, Leifredy, Kate of Tokyo, and Nunalin stand as testimonials to the company’s unwavering commitment.

    “The trust and support from international partners underscore Buy2sell’s effectiveness in bridging the gap between suppliers and consumers, creating more success in the competitive world of international trade for Vietnam and Asia,” said Buy2sell Vietnam’s representative.

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  • Buy2Sell Vietnam opens two new showrooms in Hanoi, HCMC

    Buy2Sell Vietnam opens two new showrooms in Hanoi, HCMC

    Buy2Sell Vietnam established two new showrooms in Vincom Mega Mall in Hanoi and SC Vivo City in Ho Chi Minh City last month.

    The Hanoi showroom is on the 1st floor of Vincom Mega Mall Times City and the HCMC showroom on the 3rd floor of SC VivoCity.

    Buy2Sell Vietnam plans to expand its new showroom chain to more than 100 stores in shopping centers in Southeast Asia during 2024-2030.

    Thousands of cosmetics, F&B, houseware, and appliances products… are exclusively distributed and displayed at these stores.

    All products are directly imported from over 60 countries, including the U.K., France, the U.S., Italy, Switzerland, Australia, Korea, and Japan.

    Vang Online is a high-end imported beverage distribution brand under Buy2Sell, specializing in wine and spirits, introducing numerous international premium beverage brands to the Vietnam market.

    In Vietnam, Buy2Sell is renowned as one of the first B2B e-commerce platforms focused on distributing imported goods since 2015, especially from brands yet to enter the market.

    Besides Vincom Mega Mall and SC ViVo City, Buy2Sell has invested in establishing its store chains at other top-tier shopping centers, including Lotte Mart (part of Lotte Korea Group).

    Buy2Sell has also invested in its online e-commerce platform, playing its role as a bridge for international brands to access the Vietnamese market more easily.

    Vincom Mega Mall Times City covers more than 230,000 m2 of various spaces including retail, food courts, supermarket and other entertainment venues, which is developed by Vingroup.

    SC VivoCity covering an area of around 62,000 m2 is developed by Mapletree, a major real estate investment, development, and fund management company in Asia.

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  • Mastercard partners with Buy2Sell in cross-border payment solutions in Asia

    Mastercard partners with Buy2Sell in cross-border payment solutions in Asia

    Buy2Sell, an e-commerce B2B platform in Singapore, has announced a new strategic partnership with Mastercard. For a global orientation to 2025, Buy2Sell is also moving towards expanding its cross-border sales through its e-commerce. Buy2Sell will enable multiple payment types to various delivery channels via a single connection through Mastercard cross-border services. At Buy2Sell’s platform, Mastercard is a payment gateway for services, including purchasing and logistics.

    Mastercard’s cross-border payment solution provides buyers and sellers that transact globally through the Buy2Sell platform an easy and safe payment solution for their purchases via a fast, secure, and traceable cross-border payment trail.

    With this partnership, the Buy2Sell platform optimizes the remittance rate for trade imports into Vietnam. Mastercard cross-border services enable financial institutions and partners to build flexible solutions that support multiple use cases and can reach a variety of payment endpoints nearly anywhere in the world via a single connection.

    Mastercard’s platform plays a key role in improving worldwide connectivity and provides innovative payment applications that give customers a choice to route transactions over card or account-to-account infrastructure. The Mastercard network supports multiple delivery channels, including bank accounts, mobile wallets, cash-out locations, and cards, as well as different payment types such as Business-to-Business (B2B), Business-to-Person (B2P), Person-to-Person (P2P), and Person-to-Business (P2B).

    Buy2Sell, headquartered in Singapore, is a leading B2B e-commerce platform. It operates many import and export B2B transactions, mainly on high-end goods supplied between Vietnam, Singapore, Hong Kong, and South Korea.

    For a global orientation to 2025, Buy2Sell is also moving towards expanding its cross-border sales through its e-commerce.

    Mastercard is a global technology company in the payments industry. With connections across more than 210 countries and territories, Mastercard’s mission is to connect and power an inclusive, digital economy that benefits everyone.

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  • B2B e-commerce platform Buy2Sell reaches 1 mln hits

    B2B e-commerce platform Buy2Sell reaches 1 mln hits

    According to statistics for Buy2Sell’s Google Analytics in 2021, the platform recorded over half a million visits and 140,000 registered users.

    In 2020, the platform reached about 400,000 visits and 56,000 registered users. In two years, it has recorded one million hits and more than 200,000 registered users.

    According to Buy2Sell’s importation data for the second semester of 2021, Buy2Sell Vietnam imported more than $22 million of goods through their global network of suppliers. These goods are destined for large local buyers using the platform. The most popular items are wine, nutritional food and cosmetics.

    “We are in a growth phase. Our revenue stream provides Buy2Sell steady capital. Currently, we have received interesting offers from large investors. However, we are very humble right now in speaking about evaluation. Our focus is to deliver value, quality of service, brand influence in the community and efficiency. E-commerce is our primary goal,” Harry Morant, Buy2Sell CEO, shared.

    While most people use Google and other search engines to locate products, businesses did not have the same capabilities in the past. However, this is changing thanks to the increasing number of B2B eCommerce marketplace platforms. Now more than ever most businesses, large or small, heavily rely on B2B E-commerce marketplaces.Buy2Sell was established in 2015 and belongs to the group LLHP PTE LTD, Singapore.

    Vietnam stands to benefit as the B2B E-commerce market with the highest growth rate in Southeast Asia, reaching $13.2 billion in 2020, and is expected to grow at a CAGR of 43 percent by 2025. Buy2Sell plans to build a faster and more user-friendly platform and expand its sales, marketing, and technology teams to drive rapid growth.

  • B2B shopping app taps Vietnam’s e-commerce potential

    B2B shopping app taps Vietnam’s e-commerce potential

    The ranking of businesses in Vietnam’s map of e-commerce changed in the second quarter of 2021, with the volume of Google searches for essential online stores skyrocketing, according to an iPrice Group study.

    The study showed online groceries were the only category to maintain steady and consistent growth since the beginning of the pandemic. Google searches related to online grocery stores in the second quarter of this year increased by 223 percent against the first quarter. The number of searches increased 11 times in July compared to May, and 3.6 times compared to June when the social distancing order under Directive 16 was implemented in some provinces and cities.

    People pay more attention to fresh food, beverages, pre-packaged items, fruits, and veggies as the searches of these items surge by 99 percent, 51 percent, 30 percent, and 11 percent, respectively, compared to the previous quarter. Thus, social distancing could be one of the factors driving the surge in demand for online supermarkets. With the growing necessity of purchasing essentials online, retailers are more likely to adapt to the digital platform.

    Buy2Sell, a B2B platform for imported goods, launched a new application in December to compete in the e-commerce race in Vietnam. Buy2Sell’s application focuses on high-end products, especially imported organic food, genuine cosmetics, and other lifestyle items.

    From 2022, Buy2Sell will expand to allow domestic sellers on its platform instead of only international vendors as previously. It would still enable any buyer matching a seller’s MOQ (order minimum) to purchase goods at wholesale prices.

    Buy2Sell has established a flexible delivery policy between sellers and buyers on its platform and application, where sellers can deliver the goods themselves to buyers instead of waiting for a long period of time. This helps buyers receive the goods quicker.

    All goods displayed on Buy2Sell will be authenticated from their origin. The quality of origin guarantees no imitations, fake goods, low-quality goods to be distributed through this platform. Buy2Sell established a consumer protection policy on selling prices and warranties, under the commitment for all sellers.

    Through its elaborate distribution system (both wholesale and retail) since 2015, and with a completely different market segment from other e-commerce players, Buy2Sell will become a known name. In the coming years, the company intends to strongly contribute to the development of Vietnamese technologies and bring changes to the consumer landscape.

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  • Buy2Sell Vietnam joins with CJ Logistics to boost innovation

    Buy2Sell Vietnam joins with CJ Logistics to boost innovation

    Buy2Sell Vietnam has signed a memorandum of understanding on cooperation with CJ Logistics to support imports and exports in Vietnam.

    Under the partnership, CJ Logistics will provide logistics services to e-commerce merchants and buyers of Buy2Sell Vietnam nationwide, importing goods from foreign countries into Vietnam and vice versa.

    Entering Vietnam in 1996, CJ Logistics Vietnam belongs to CJ Group, one of the largest companies in South Korea covering a wide range of services like entertainment, food, agriculture, and logistics.

    CJ Logistics Vietnam oversees logistics including Sea FF, Air FF, and W/L. CJ Korea Express Freight Vietnam is the first company in the country to receive the level one certificate from Transported Asset Protection Association in Vietnam. The company offers first-class logistics services in food, FMCG, electronics, steel, textile, and tire industries.

    The company maintains close links with all major airlines, ports, shipping lines, terminals and serves as a global agent for international freight from Vietnam.

    CJ logistics’ services include import and export of cargo, special cargo, cargo insurance, IATA services, and door-to-door shipping, optional trucking services, bulk cargo, oversized cargo services, and heavy-lift cargo.

    Buy2Sell Vietnam is a leading B2B e-commerce platform with the largest source of imported goods in the country since 2015.

    It is distributing more than 200,000 goods from more than 60 countries around the world and has over 120,000 wholesalers in Vietnam. Buy2Sell is in partnership with UOB Bank (Financial lending BizMerchant) and large retailers like Lotte Mart and SC Vivo City.

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  • Buy2Sell Vietnam adds new stores in HCMC

    Buy2Sell Vietnam adds new stores in HCMC

    The B2B e-commerce platform’s newly opened stores are located in two of the most crowded shopping locations in Ho Chi Minh City, Lotte Mart and SC VivoCity Shopping Mall.

    Buy2Sell has launched a cosmetics store at Lotte Mart Vietnam, offering attractive choices and new selections of high-end cosmetic brands from Europe, South Korea, and the U.S.

    “Buy2Sell will continue to act as a strategic partner of Lotte Vietnam, distributing goods and developing a brand identity for foreign companies through Lotte Mart’s distribution system for a long time, broader coverage,” a Buy2Sell representative said.

    Lotte Mart is a retail brand of South Korea’s Lotte Group, a major supermarket chain in Asia. It now runs 46 stores in Indonesia, 14 in Vietnam and 123 in South Korea.

    On March 24, Buy2Sell continued to open a new store in SC Vivo City, specializing in a wide range of unique international appliances, accessories, gifts, food, and beverage, electronics and pet products.

    SC Vivo City is an all-in-one destination with five floors, offering the latest fashion products, hypermarkets, movie theaters, restaurants, entertainment, education and lifestyle brands. The shopping mall covers a total of 62,000 square meters.

    Since 2015, Buy2Sell Vietnam has distributed a diverse range of branded goods to the medium and high-end Vietnamese market.

    The company has signed distribution agreements with thousands of international suppliers and distributed over 200,000 items, including cosmetics, food and beverage, fashion, household appliances, pharmaceuticals and electronics items, imported from over 60 countries around the world.