
PowerBuy
AI-driven social commerce platform enabling group buying and organic traffic through customer-shared deals.
Date | Investors | Amount | Round |
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N/A | €0.0 | round | |
N/A | €0.0 | round | |
$1.0m | Early VC | ||
Total Funding | 000k |
PowerBuy is a pioneering platform in the social commerce and group buying sector, leveraging artificial intelligence and automation to enhance the online shopping experience. The company serves e-commerce merchants who are looking to increase their sales and customer engagement through innovative social sharing features. Operating primarily in the online retail market, PowerBuy allows shoppers to share their purchases on social networks, which can lead to multiple purchases or group buys from a single shopper's action. This not only provides customers with lower prices but also turns them into marketing agents for the merchants, driving organic traffic and conversions to their stores.
PowerBuy's business model is based on a subscription service for merchants, who pay for the platform's customizable features and data analytics tools. The company generates revenue through these subscriptions as well as potential transaction fees from group buys. By focusing on the intersection of social media and e-commerce, PowerBuy aims to redefine how online shopping is conducted, making it more interactive and community-driven.
Keywords: social commerce, group buying, AI-driven, e-commerce, online retail, customer engagement, organic traffic, customizable platform, data analytics, subscription service.
Investments by PowerBuy
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