Page 30 - SCBJ-201701
P. 30
BER FOCUS South China Business Journal

"The Alibaba in the
Ciinnhtdieunlsalt'irsgyse"hn,atarminnaegnweuscfpaoecnctoiuemrsyionfg

Hong Kong-listed Cogobuy
Group, China’s leading e-commerce
platform for electronic components, saw
a remarkable increase of 54.2% year-on-
year in the company’s Gross Merchandise
Value (GMV) for the third quarter of this
year to reach 5.77 billion yuan, cashing in
on the success of its subsidiary Ingdan.
com, a rising star and startup in the boom
of Shenzhen’s tech industry.

Cogobuy-backed Ingdan.com was High-tech Fair
established in 2013, aiming to forge a
one-stop supply chain platform that links
technology start-ups and entrepreneurs
across the world with contract electronics
manufacturing partners in the mainland
to help design and build their products
for the global market. Now it is shaping a
new and whole ecosystem of Internet of
Things (IOT) innovation with excellent
performance over the three years.

Cogobuy saw healthy growth across its 13.7% from supply chain financing Entrepreneurship and innovation
three major business lines for the three business. Liu Hongjiao,
months ended September 30. Total GMV chief marketing officer of IngDan expected
of the Company's operations grew to 5.77 In total, 33.2% of GMV came from blue IngDan would contribute over 5 billion
billion yuan, a year – on - year increase of chip customers, while 66.8% came from yuan in GMV for Cogobuy in 2016 and
54.2%; with 59.0% from direct sales, 27.3% small and medium enterprise ("SME") double the target next year.
from online marketplace platforms, and customers. Ingdan.com, the Company's
platform connecting global smart Three years later after setting up, IngDan
Name of the company: IngDan hardware developers with supply chain now is on its way to become another
Office address: IngDan, Level 1, C101-103, resources, contributed over 1.7 billion
Study and Research Cente+r of China yuan in GMV, which accounted for 29.5%
University of Geosciences, South Keyuan of the total GMV of the group.
Road, Nanshan District, Shenzhen, China
Telephone number: 86-755-2698 8275
Email address: BP@cogobuy.com
Website: www.cogobuy.com
/ www.ingdan.com
   25   26   27   28   29   30   31   32   33   34   35