Visitors to e-commerce site Qoo10 ballooned 70 per cent to hit an average of 14.4 million in last year’s fourth quarter, according to Malaysian online aggregator iPrice.
Qoo10 has about 3 million registered members and offers products ranging from women’s fashion to groceries, and services that include credit card and insurance policy subscriptions. The site offers daily deals, limited-time sales and coupons.
Discounts and savings of up to 70 per cent off are offered through promotional deals.
Qoo10’s Live10 mobile app includes a GPS-enabled interactive game with daily discounts, coupons or Qpoints as prizes.
Based in Singapore as a JV established between founder Ku Young Bae and eBay, Qoo10 launched online in 2010 and has expanded its marketplaces to Korea, Indonesia, Malaysia, Hong Kong and Mainland China.
