09 May 2017
Yakkyo, the Amazon for businesses dedicated to SMEs that want to buy in China, is positively conducting its campaign and has reached - to date - 146% of collection: in the last days it is projected towards even more important goals.
This case confirms that, thanks to equity crowdfunding, not only new investors and future members arrive in dowry: the visibility of the startup has increased significantly, with a positive impact in terms of business. This is testified by the numbers and the comparison with the expectations of the company: in the first months of 2017, in fact, the revenues recorded +174% compared to the forecasts and the gross profit +180% on what was estimated by the team.
The startup has acquired important new clients, including a leading national trade union organization, a company that operates in the field of gadgets at national level and an international brand of fine jewelry that have chosen Yakkyo as a supplier for sourcing from China, after seeing the positive trend of its crowdfunding.
Technological improvements have also been made: the form for requesting items has been replaced by a dynamic form managed by bots that makes the ordering and purchasing process even more automated.
Finally, just before the offer on Mamacrowd, Yakkyo closed a first round of offline funding, raising 150 thousand euros from Venture Capital and Business Angels, confirming the validity of the project and the growing trust of its partners.
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