Singapore-based Shopmatic acquires SaaS firm CombineSell

The Singapore’s ecommerce company, Shopmatic sets to streamline its online offering from its CombineSell acquisition.

Singapore-based Shopmatic acquires SaaS firm CombineSell | BEAMSTART News

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Founded in 2017, CombineSell provides eCommerce solution by simplifying selling processes — compiling online marketplaces into one single platform, allowing businesses to:

  • create and manage listings
  • reply to customers
  • control inventories
  • fulfil orders

It integrates over 30 eCommerce channel including Lazada, Shopee, Amazon, Carousell, Qoo10.

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Shopmatic enables individuals and small firms to build and manage their eCommerce stores since 2014, and it is in talks for a $29.2 million series B round by the end of this year.

In April this year, Shopmatic had 30,000 merchants on its platform, now sees a drastic increase to 250,000 merchants. It projects a double by 2020 — half a million merchants.

Shopmatic co-founder and CEO; Anurag Avula said:

“[The acquisition] gives us a significant advantage in enabling the overall growth and success of all merchants on our platform. In just a single click, merchants will now have access to selling across numerous channels in various countries across Southeast Asia.”

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