\n<\/p>\n
HONG KONG SAR – Media OutReach<\/a> – 14 December 2021 – Carousell<\/a>, \u00a0<\/p>\n Many small businesses continue to face\u00a0 high cost challenges, such as rent, cash \u00a0<\/p>\n Growing demand for The Trade and Industry Department estimates about 340,000 \u00a0<\/p>\n Unlike large corporations who can hire the necessary \u00a0<\/p>\n “Carousell has been enhancing our CarouBiz offerings this \u00a0<\/p>\n Embracing As online shopping takes off, merchants have to adapt to \u00a0<\/p>\n Reeve Kwan, Co-founder of GOGOX said, “As a leading \u00a0<\/p>\n “The growth of ecommerce in Hong Kong in the past two years \u00a0<\/p>\n Supporting business While banks have been simplifying or relaxing SME lending \u00a0<\/p>\n
\none of the world’s largest and fastest growing classifieds
\nmarketplaces, today announced new partnerships with GOGOX<\/a>, the pioneer app-based logistics
\nplatform in Asia, and Atome<\/a>,
\nAsia’s leading buy now pay later brand to help small local businesses via
\nCarousell for Business (CarouBiz). Combining Carousell’s reach of 1 in 5 Hong
\nKongers as active users with ready buyer intent, and the established expertise
\nof partners, Carousell aims to build an ecosystem that enables small local
\nbusinesses to succeed.<\/p>\n
\nflow, resource management and data security, even before the pandemic. These
\nchallenges are even more severe currently. Although the Hong Kong Government
\nhas been actively encouraging digitalisation and ecommerce, small businesses
\nstill struggle to adapt to new technology and business models compared to
\nlarge-scale enterprises. <\/p>\n
\nmore support<\/b><\/p>\n
\nSMEs in Hong Kong, of which 13% are in retail[1]<\/sup><\/sup>.
\nThere is increasing impetus to go online, as online retail sales grow in Hong
\nKong. While online sales only accounted for 8% of total retail sales in
\nOctober, when comparing the first ten months of 2021 with the same period in
\n2020, Censtatd estimated that the value of online retail sales increased by
\n41.7%[2]<\/sup><\/sup>.<\/p>\n
\ntalent, smaller merchants need easy-to-use, affordable tools and
\n“plug-and-play” services that allow them to scale at low cost and without a lot
\nof training. Demand for CarouBiz<\/a> subscriptions of premium seller tools
\nhave increased sharply in Hong Kong in 2021 compared to last year. In Q4 2021,
\nCarousell also rolled out a self-serve version of CarouBiz for tech-savvier
\nmerchants who do not require a dedicated Client Success Manager to advise on
\nmarketing strategies. <\/p>\n
\nyear to further strengthen support for small businesses. We have seen double
\ndigit percentage growth in our CarouBiz subscribers this year, which shows
\ngrowing demand for such tools. As a one-stop platform where users can find
\nanything they want at any time of the day, Carousell is privileged to be able
\nto use our platform to help SMEs find ecommerce success. Besides initiatives
\nsuch as the CarouBiz Booster Fund<\/a>, we are also building an
\necosystem of partners that address the pain points of our users and meet the
\nneeds of merchants while ensuring win-win for all,” said Mr Kevin Huang,
\nManaging Director, Carousell Hong Kong.<\/p>\n
\ne-commerce\u00a0 with GOGOX<\/b><\/p>\n
\nadditional workflows such as logistics and express delivery. Smaller merchants
\ndo not have the economies of scale to run their own logistical operations in a
\ncost and time efficient manner.\u00a0 Meanwhile,
\ncasual sellers prefer not to meet up buyers due to public health safety
\nconcerns, and are in search of a reliable and flexible delivery method. Since
\nSeptember 2021, Carousell has partnered with GOGOX to provide diversified
\nlogistics services to casual
\nsellers via GOGOX’s platform services, GOGOVan and GOGODelivery, in addition to
\noffering targeted logistics solutions to merchants through GOGOX’s GOGOBusiness
\nservice, hoping to enable consumers and merchants to enjoy contract free and
\nconvenient logistics services.<\/p>\n
\nlogistics platform in Hong Kong, GOGOX transforms the industry with advanced
\ntechnology, redefining everyday delivery and user experience. We connect with
\ndriver-partners to provide agile and efficient logistics solutions to the
\ncommunity, in particular merchants. The partnership with Carousell is
\nstrategically important to facilitate the development of e-commerce. Throughout
\nthe partnership, we are committed to supporting SMEs as they embark on the
\ndigital transformation journey. We look forward to working closely with
\nCarousell, driving the process of digitalisation and equip merchants with
\nlogistics capacity in the digital economy.”<\/p>\n
\nhave shown Hong Kongers the convenience it brings. There is no need to leave
\nwork or home to shop, and this is made possible by a robust logistics system.
\nGOGOX has many affordable delivery options tailored to different needs, whether
\nyou are an individual selling preloved items or a small merchant. This aligns
\nwell with the variety of users on our platform, and allows us to provide
\nvalue-added services,” said Mr Huang.<\/p>\n
\ngrowth with Atome<\/b><\/p>\n
\nto help small business[3]<\/sup><\/sup>, many
\nbusinesses in the ecommerce and retail sector find it challenging to meet the
\nrequired documentation[4]<\/sup><\/sup>. The
\npartnership between Carousell and Atome will enable seamless buy now pay later
\n(BNPL) acceptance for Carousell’s merchants, especially for businesses who are
\nstarting out, providing a flexible and transparent payment option for
\nCarousell’s merchants.<\/p>\n