According to the published statistics of the Buy2sell representative, base in Google Analysis for 2021 statistics of this B2B platform reached more than half a million visits and 140k registered users. Similarly, 2020 reached about 400K visits 56k registered users. Thus, in just 2 years, the platform has reached 1 million hits and more than 200k registered users.
This number is judged by B2B competition as a breakthrough achievement is pushed Buy2Sell surpasses to be the Top 5 e-commerce in Vietnam,that no other similar B2B platform in Vietnam has been able to achieve until now. Currently, Buy2sell’s application in Vietnam has been launched, promising the potential that Buy2Sell will bring a new opportunity for sellers to develop their distribution system more conveniently.
Sales growth, According Buy2sell’s import data of the last 6 months of 2021, Through Buy2sell’s source which connected to global suppliers more than 22 million USD of goods have been imported into Vietnam market through large buyers inside the platform, the most popular item is Wine, Nutritional food and Cosmetics.
Growth stage
Buy2sell is founded since 2015 and belongs mother company LLHP PTE LTD in Singapore. “We are in growth phase, revenue stream gives Buy2Sell steady capital flow to growth yearly. Currently, we have received interesting offers from big investors, however we are very humble right now to speak about evaluation, instead to focus delivering value, quality of service and brand influence on the community, efficiency for ecommerce being our primary goal”. Harry Morant, CEO & Co – Founder and Elena Linh -Founder, shared.
Vietnam’s growing B2B eCommerce marketplace
Enterprises large or small rely heavily on B2b eCommerce marketplaces today. While most people use Google and other search engines to search for products, enterprises did not have the same capabilities in the past. However, this is now changing thanks to the increasing number of B2B eCommerce marketplace platforms.
The right time as Vietnam’s B2B eCommerce market has the highest growth rate in Southeast Asia, reaching USD 13.2bn in 2020, and is expected to grow at a CAGR of 43% by 2025., Buy2sell plans to build a faster and more user-friendly platform and expand the sales, marketing, and technology teams to drive rapid growth.
