Build up warehouse facilities in Los Angeles, USA and guarantee delivery efficency
Quarterly Update
Sydney, April 28, 2023 AEST (ABN Newswire) - Haodex Limited (
NSX:HAO) is pleased to update the market on its activities for the quarter ended 31 March 2023.
Updates on BulkBuyworld
BulkBuyworld is a wholesale and retail e-commerce marketplace that allows users and businesses to purchase and sell high quality goods online. BulkBuyworld enables merchants to set up an online store similar to the operation of Amazon and sell products from Chinese factories directly to customers in the USA. On the Bulkbuyworld marketplace, Haodex generates revenue from sales commissions, membership fees and product listing fees.
Haodex has developed different entry levels for the channel partner to facilitate the channel partner programme, with more than 200 channel partners. The programme has wide coverage in six provinces in China and Sydney, Australia. Haodex has channel partners in the following geographic areas: Sichuan, Beijing, Guangdong, Zhejiang, Jiangxi and Hainan province.
Haodex assists the strategic channel partner to develop premium merchants, which have export facilities and capability to increase the popularity and facilitate the development of manufacturers and merchants for the platform.
Merchants on the platform have the option to easily sell in bulk with wholesale pricing structures simply displayed on their listing. Customers can access both retail and wholesale listings of the platform through the simple app design. This development will bring Bulkbuyworld closer towards a one-stop-shop app, and will attract merchants and manufacturers to the platform.
For the quarter ending 31 March 2023, Bulkbuy received revenue of $1.66 million Chinese Yuan (AUD$354k).
Bulkbuyworld rebrand to Meccle
In order to successfully launch to the US market, Bulkbuyworld has rebranded the brand and app to Meccle.com and will be launching a new logo, app design and domain. A shorter brand name will help with easier brand recall and will be instrumental to the marketing activities in the US.
Bulkbuyworld sets up warehouse facilities in Los Angeles, USA
Bulkbuyworld has partnered with Bondex Supply Chain Management Co., Ltd (Efficiency International LLC) who will provide Bulkbuyworld with US warehouse storage service, dispatch, air freight and delivery services to customers. Bulkbuyworld is now ready to start dispatching goods from the US to provide customers with 2-4 day delivery time.
*To view the full Quarterly Report, please visit:
https://abnnewswire.net/lnk/2V36RFP7
About Haodex Limited
Haodex Limited (NSX:HAO) is an Australian company focused on forward thinking online platforms and global projects.
Haodex owns 78% of and operates 2 omnichannel marketplaces, being MonkeyKing Australia (www.monkeykingaustralia.com) and BulkBuy (www.bulkbuyworld.com), and owns 100% of a short term Chinese accommodation hosting business, Franks Haus (www.frankshaus.com).
MonkeyKing is an online e-commerce platform which sources Australian products from Australian suppliers to distribute to consumers in Asia, mainly China.
BulkBuy is a wholesale e-commerce marketplace which allows users to participate in group buying deals. BulkBuy enables merchants to set up an online store and sell products directly to customers at wholesale prices by allowing several customers to participate in group buying deals (crowd-ordering).
Franks Haus is an online platform for leasing private properties, mainly for short term accommodation, in China. The platform will attract tourists
