This M’sian E-Commerce Site For Lifestyle Microbrands Just Bagged US$1mil In Seed Funding
Summary
He said this in a press release today following the news of Poptron bagging US$1 million in seed funding from a NASDAQ listed company. Poptron was launched on September 4, 2020 as an online lifestyle marketplace for microbrands to sell their products, since they weren’t able to be at bazaars then. As of now, they don’t take in any transaction fees from their merchants, but they’ll be introducing pay-to-promote features in the future that can increase a businesses’ visibility on their site. “We are also greatly appreciative of the support we have received from our investor and our legal advisers, Shin Associates,” Brian thanked in the press release. “Poptron aims to capture US$1.6 billion of the market share with 600,000 microbrands generating our global revenue in 2025,” Brian said in the press release.