The Vcanbuy platform was established and launched in 2012. It is a B2B purchasing platform in Thailand that allows users to order products directly from China without going through middlemen, helping small and medium-sized wholesalers in Southeast Asia to purchase Chinese products from China's domestic trade platforms. About Vcanbuy Vcanbuy's predecessor is CTW, a Sino-Thai logistics company with a history of more than ten years. It mainly serves large-scale Chinese and Thai enterprises and provides comprehensive logistics services including transportation, customs declaration, customs clearance and warehousing for these medium and large enterprises. Operational Model Every day, a large number of small B merchants in Thailand choose to order goods from China through the Vcanbuy platform, and on the other end, Vcanbuy is connected to Chinese factories. For these small B merchants, Vcanbuy is responsible for providing them with one-stop services including language, logistics, payment, customs, etc. Development Status Currently, Vcanbuy has developed into the largest B2B e-commerce platform in Thailand. Since its development, the platform has achieved omni-channel sales of nearly 10 billion RMB, with more than 200,000 registered members and more than 150,000 users, and more than 3 million types of imported goods per month. 55% of the orders on the platform come from 1688, and the remaining 45% come from other retail platforms such as Taobao and Tmall. The platform does not charge purchasing fees, and mainly relies on logistics freight and exchange rate differences for profit. |
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