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Innov STARTUP
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Freight
Yakkyo allows direct access to purchases in China, provides a secure and fast service and breaks down language and customs issues.
Goal min 100 k€
Goal max 350 k€
46 Investments
260.116 €
46 Paid
260.116 €
Minimum goal
100 k€
Minimum Order
1,94 k€
Pre-Money
2,4 Mln€
23.05.2017
Closed
Yakkyo is the Amazon for business dedicated to SMEs that want to buy in China. Thanks to Yakkyo MyBOT, the first BOT with image recognition, the startup simplifies the traditional search process by solving all the problems related to importation such as language barriers, minimum order, shipping and customs clearance procedure.
In its first six months of operation, the company had a turnover of approximately €400,000, received 300 listing requests from Italian SMEs and served 45 customers with a 50% buyback rate.
Shortly before the offering on Mamacrowd, the company also closed a first round of offline financing, raising 150 thousand euros from Venture Capital and Business Angels.
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