Jakarta, Indonesia
VIP Plaza is an e-commerce startup founded in 2013 in Indonesia, offering a unique online discount mall experience across South East Asia. With its slogan "Creating an Exciting Shopping Experience," the platform provides daily brand sales, featuring both international and local popular brands at significantly discounted prices ranging from 30% to 80% off the retail price. This is made possible through volume discounts from brands and the absence of physical stores, enabling VIP Plaza to pass on the cost savings to its consumers.
The company's latest Venture Round investment at 23 April 2018 saw backing from Yahoo Japan Capital and Cyber Agent Ventures. Moreover, Toyoshima recently joined as an investor in the last funding round. This infusion of capital has further fueled VIP Plaza's ambitions to provide smart consumers access to popular fashion brands at attractive prices, consolidating its position as the leading discount mall in the South East Asian market.
Operating at the intersection of e-commerce, fashion, retail, CRM, and sales industries, VIP Plaza's innovative approach to online retail has garnered attention and funding from prominent investors, solidifying its potential for growth and dominance in the South East Asian market.
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