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L192 platform entry conditions and introduction

1. Platform Introduction

L192 is an e-commerce platform owned by Groupin, a Cambodian Internet unicorn company. It was founded in 2010 and has become a very influential online fashion life in Cambodia. A shopping website that provides Cambodia and surrounding areas in Southeast Asia with a variety of products including clothing, shoes, bags, accessories, beauty, home furnishings, toys, 3C and other categories.

2. Platform Advantages

L192 has been officially operational since 2010. Currently, the platform has more than 5 million registered users and 1,200 Chinese cross-border merchants. The number of SKUs of all categories of goods on sale is 1 million, covering 13 first-level categories and 100 sub-categories

In order to improve merchant and customer experience, L192 has built its own advanced warehousing and logistics system (similar to JD.com). 10 official warehouses have been set up in three major metropolitan areas to improve logistics efficiency.

L192 is the Cambodian agent of the Facebook social platform, with more than 1.6 million fans capable of online shopping, guiding traffic to platform merchants.

The total GMV of L192 platform transactions in 2018 reached 1 billion US dollars, and it is expected to exceed 4 billion US dollars in 2020.

3. Popular categories on the platform

Platform The current six best-selling categories include: clothing, beauty, accessories, shoes and hats, home furnishings, and maternal and infant products.

IV. Investment Support Policies

1. Fast settlement: Fast settlement, no settlement fees, cash can be withdrawn to domestic RMB account in 2 working days

< p> 2. No deposit: No deposit during the opening of the store

3. Green channel: New merchants who meet the qualifications to open a store can complete the opening of the store within 3 hours at the fastest

4. Year Fee refund: When the store’s sales reach 12,000 US dollars, the platform will fully refund the annual fee of 360 US dollars

5. Dedicated customer service: Provide 2 bilingual dedicated customer service support to assist merchants in opening stores and increase sales< /p>

6. Logistics support: supports China’s direct shipping and platform warehouse logistics models, with costs as low as US$1/kg

7. Commission support: four-level ladder commission preferential policy, lowest is 1%

5. Conditions for entry

Individual subject:

1. English name of the store

2. Business category, store Attributable person

3. Contact person’s name, mobile phone number, QQ/WeChat, email address

4. Second contact person’s name, mobile phone number, QQ/WeChat

< p> 5. Register and provide payment account number (Huiwang APP) 6. Personal ID card picture or PDF scan

Company subject:

1. English name of the store

2. Business category, store ownership company

3. Contact person’s name, mobile phone number, QQ/WeChat, email address

4. Second contact person’s name, Mobile phone number, QQ/WeChat

5. Register and provide a payment account (Huiwang APP) 6. Picture or PDF scan of the company's business license

7. Brand and trademark certificate, authorization Distribution license, store links on other platforms, etc.

Note: Both companies and individuals can apply for settlement, and can only apply for a maximum of 15 store accounts; merchants need to submit an application form to settle in, and you can consult investment promotion for different categories of store qualifications Manager

6. Cost issues

1. Platform fees

(1) Four-level ladder platform commission

(1) Store Annual fee of US$360 (refund mechanism): When the store’s sales reach US$12,000, the platform will refund the annual fee of US$360 in full.

2. Official warehousing fee: If you use Cambodia’s official local warehouse (preparing goods in advance or returning goods), the fee is US$20/cubic/month, calculated based on the actual volume at the end of the month

Be sure to send The moving software supports collecting products from the L192 platform and moving them to your own store; if you have any questions about the platform's product placement, you can leave a message directly below.