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Giosis Group

Giosis Group

Giosis Group Summary

Company summary

Overview
Giosis, the company behind Qoo10, operates an e-marketplace offering sellers customisable sales strategies and buyers an extensive product portfolio. It is a joint venture established between eBay Inc. and Gmarket Inc. founder, Mr Ku Young Bae, in April 2010. Today, Giosis provides seven localised marketplaces, Qoo10, in five countries – China, Hong Kong, Japan, Indonesia, Malaysia and Singapore. It partners esteemed enterprises such as Mecox Lane and Yahoo to enable e-commerce of the best deals in almost every country. Qoo10’s five markets transacted SGD278 million in 2012, almost doubling 2011's SGD150 million. In Singapore, its daily transactions are about 30,000, translating into monthly sales volume of SDG15 million and annual sales volume of SGD90 million in 2012. As of January 2013, 960,000 Qoo10 mobile apps have been downloaded across the five Qoo10 e-marketplaces. Singapore contributed some 580,000 downloads. About 20 per cent of the overall sales come from mobile sales, and this number is expected to rise to 30 per cent within 2013. As of March 2013, there are about 50,000 registered sellers on Qoo10 Singapore. About 150 sellers transact at least SGD10,000 every month. There are about 900,000 registered users on Qoo10 Singapore. More than 1,000 new users are registered on Qoo10 Singapore every day since January 2012.
Type
Subsidiary
Status
Active
Founded
2010
HQ
Petaling Jaya, MY | view all locations
Website
https://www.qoo10.com/gmkt.inc/?jaehuid=US20025678&__ar=Y
Cybersecurity rating
Sectors

LocationsView all

5 locations detected

  • Petaling Jaya, Selangor HQ

    Malaysia

    TB-13-2, Level 13, Tower B, Plaza 33, No. 1, Jalan Kemajuan, Seksyen 13

  • Shanghai Shi

    China

    B1 Building rm 1002, 1599 Xinjinqiao Rd, Pudong Xinqu

  • Daerah Khusus Ibukota Jakarta

    Indonesia

    casablanka, RT.16/RW.5, Menteng Dalam, Kec. Tebet

  • Singapore

    Singapore

    150 Beach Rd

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