ShopUp
Helps to build, manage and grow business.
| USD | 2018 | 2019 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 180 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
Related Content
ShopUp is a leading B2B commerce platform in Bangladesh that caters to small businesses. The company's mission is to leverage technology to empower businesses by providing easy access to B2B sourcing and last-mile logistics. The platform serves small neighborhood shops, offering a wide variety of products at the touch of a button.
ShopUp operates through three main platforms: Mokam, REDX, and Onkur. Mokam is a B2B commerce platform that helps small businesses source products at fair prices. This platform has been instrumental in helping small businesses, like grocery stores, to focus on sales while Mokam handles their sourcing needs.
REDX is ShopUp's logistics service, which boasts the widest last-mile logistics network in Bangladesh. This service has been crucial for small businesses, especially during the pandemic when many delivery services halted operations. REDX has helped businesses not only survive but expand their reach with nationwide coverage.
Onkur, ShopUp's financing platform, provides fintech solutions for CMSMEs and agri-businesses. This platform has been pivotal in helping businesses scale up by providing the necessary capital for expansion.
In summary, ShopUp is a comprehensive platform that provides sourcing, logistics, and financing solutions for small businesses in Bangladesh. The company generates revenue by charging for these services.
Keywords: B2B commerce, small businesses, technology, sourcing, logistics, Mokam, REDX, Onkur, fintech solutions, Bangladesh.
