Webuy and Ohmyhome Announce Strategic Collaboration to Cross-Sell Products and Services Across Singapore
08 1월 2024 - 10:30PM
Webuy Global Ltd. (Nasdaq: WBUY, “Webuy”), an
emerging community e-commerce retailer with a focus on grocery and
travel in Southeast Asia, and
Ohmyhome Ltd.
(NASDAQ: OMH, “Ohmyhome”), a one-stop-shop property technology
platform providing end-to-end property solutions and services to
buy, sell, rent, and renovate homes, as well as property management
services for condominiums in Singapore, today announced a strategic
collaboration to cross-sell both companies’ respective products and
services across Singapore.
In a joint launch event held on January 8, 2024,
Vincent Xue, CEO and Co-founder of Webuy, and Rhonda Wong, CEO and
Co-founder of Ohmyhome, unveiled a series of collaborative
partnership initiatives aimed at enhancing the customer experience
and community engagement. The event was hosted at the Ohmyhome
headquarters at 11 Lorong 3 Toa Payoh, Jackson Square Proptech
Innovation Centre Block B, #04-17, Singapore 319579, with the
participation of Webuy management and its Group Leaders, who are
responsible for a group of customers within their respective
geographical communities from Singapore and play an important role
in upholding the Company’s community-oriented business model.
Key initiatives include:
- Integration of Ohmyhome’s Services into Webuy
Communities: Ohmyhome's service offerings and property
listings will be integrated into Webuy communities through its
Group Leaders. This collaboration will facilitate off-market
listings and provide exclusive benefits for Webuy’s customers and
Group Leaders, including Ohmyhome’s brokerage and renovation
services.
- Webuy's 'Group Buy' Services for Ohmyhome's
Homeowners: Webuy will introduce its unique “group buy”
service, offering a diverse range of daily products such as
groceries and travel, to thousands of homeowners serviced by
Ohmyhome. This initiative aims to provide convenience and value
while helping new homeowners integrate into their local
communities. As of June 30, 2023, Ohmyhome had transacted over
14,500 properties, with over 5,800 units under management, and
around 200,000 monthly active users across mobile applications and
websites.
- Offline Expansion Support: Ohmyhome,
leveraging its expertise and network, will support Webuy and its
Group Leaders in sourcing new storefronts. This collaborative
effort aligns with Webuy's plans to open 100 offline stores
strategically positioned around major communities in Singapore,
marking a significant step in Webuy’s Online-to-Offline (“O2O”)
business model.
Commenting on this collaboration, Vincent Xue,
CEO and Co-founder of Webuy, stated, “We are excited to partner
with Ohmyhome, as it aligns with our mission of maximizing value
within our communities. Ohmyhome has a proven track record,
offering its suite of brokerage services at a 1% commission rate,
which will result in significant cost savings for our customers. In
addition, we plan to leverage their brokerage service to assist our
Group Leaders as they expand their offline retail footprint across
Singapore. Moreover, we look forward to offering our full suite of
services to their expansive customer base. Together, our goal is to
make a wider range of services become more accessible to homeowners
and communities, while fostering a sense of unity and support
within local neighborhoods.”
Likewise, Rhonda Wong, CEO and Co-founder of
Ohmyhome, added, “This collaboration allows both companies to
leverage on our respective broad customer bases, thereby increasing
our reach and complementing each other’s service offerings centered
around homes and communities. Webuy’s ‘group buy’ model provides
great opportunities for our customers to interact within their
communities as they move from one home to their next.”
About Webuy Global Ltd
Webuy Global Ltd (Nasdaq: WBUY) is an
innovative, technology-focused company with a goal of building the
most trusted retail brand and advanced e-commerce platform in
Southeast Asia, designed to leverage data in order to provide a
community-driven experience for consumers. The Company's
unique 'group buy' business model is set to revolutionize
traditional shopping practices, by offering substantial cost
savings to customers through an efficient purchasing model and
community-centric approach. Akin to group purchases and bulk
orders, this approach simplifies the process for customers,
eliminating the need for individual bulk purchases. Furthermore,
the Company’s business model streamlines the traditional supply
chain by minimizing the involvement of intermediaries, thereby
offering a more direct "farm-to-table" supply model. The
Company’s vision is to enable the ten million families in Southeast
Asia to live a healthier, higher-quality lifestyle. Additional
information about the Company is available at
http://webuy.global/
About Ohmyhome
Ohmyhome is a one-stop-shop property technology
platform in Singapore that provides end-to-end property solutions
and services to buy, sell, rent, and renovate homes, as well as
property management services for condominiums in Singapore. Since
its launch in 2016, Ohmyhome has transacted over 14,500 properties,
and has over 5,800 units under management as of June 30, 2023. It
is also the highest-rated property transaction platform, with more
than 8,000 genuine reviews, and an average rating of 4.9 out of 5
stars.
Ohmyhome is dedicated to bringing speed, ease,
and reliability to property-related services and to becoming the
most trusted and comprehensive property solution for everyone.
For more information, visit:
https://ohmyhome.com/en-sg/
Forward-Looking Statements
This press release contains forward-looking
statements regarding the Company’s current expectations. These
statements are not guarantees of future performance and are subject
to certain risks, uncertainties and assumptions that are difficult
to predict. These risks and uncertainties are described more fully
in the section captioned "Risk Factors" in the Company’s
registration statement on Form F-1 related to the public offering
(SEC File No. File No. 333-271604) and annual report on Form 20-F.
Forward-looking statements contained in this announcement are made
as of this date, and the Company undertakes no duty to update such
information except as required under applicable law.
Contact:Crescendo Communications, LLCTel:
212-671-1020Email: wbuy@crescendo-ir.com
WeBuy Global (NASDAQ:WBUY)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024
WeBuy Global (NASDAQ:WBUY)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024