SOCIAL ECOMMERCE START-UP BY EX-PAYMAYA, SMART AND INTEL EXECS CLOSES SEVEN-DIGIT SEED ROUND
RESELLEE, the fastest growing social ecommerce startup in South East Asia with partnerships with the Philippine government, celebrities, corporations and various organizations announced that it has finalized a seven-digit seed round to further develop its operations in the region. The round was led by Mintech, with participation from another global investment firm.
The COVID-19 pandemic brought about a lot of difficult challenges in various industries, forcing traditional brick and mortar businesses to adapt to a digital norm and leaving millions of displaced employees with no immediate work in sight. With the rapid increase in internet usage and people turning to social media for their basic needs, RESELLEE provides livelihood for those looking for extra income during this crisis. Resellee’s “Zero Puhunan” or Zero Capital, approach makes it easy for anyone to download and start earning immediately from the application. The Resellee app allows you to resell thousands of products from fruits, vegetables, essentials, groceries, and gadgets just by sharing links to friends and family on social media. Users of the app can also sell prepaid load and offer bills payment for additional income. For those who more into buying than selling, Resellee can also be used to shop and earn instant rebates and discounts from purchases. Earnings and savings can easily be cashed out from the app. To date, Resellee has over 160,000+ registered members.
Because of its benefits and features, Resellee was chosen by the Philippine Department of Social Welfare and Development (DSWD) and its 18M+ beneficiaries to be the official ecommerce partner under their Sustainable Livelihood Program (SLP).
Endorsed by several celebrities and business owners who share the belief in providing free online livelihood to Filipinos, Resellee has also partnered with Bounce Back PH and its over 1 Million members and 58,000 merchants to fast track economic recovery in the country.
Founded by seasoned veterans Marc Concio (Former Vice President Digitel/Sun, Head of eCommerce of Voyager/Paymaya), Glenn Quiro (Former GM of Intel Shenzen and Intel Shanghai) , Aaron Madolora (former CTO of JP Morgan and Chief Innovation Officer of Voyager/PayMaya) , Jason dela Rosa (serial entrepreneur, business author and founder of business group Bounce Back PH) and Lorraine Macapagal (media and events entrepreneur), RESELLEE aims to be the leading social eCommerce firm providing online livelihood through online selling and drop-shipping in the Asia Pacific region.
You can start your online business today by downloading the Resellee App on Google Play using this link http://bit.ly/ReselleeDownload. For more information, visit the official website at https://resellee.com or https://www.facebook.com/resellee.ph