Singapore-based Shopmatic acquires SaaS firm CombineSell

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

Syamil Faisal16 Oct, 2019

Singapore-based Shopmatic acquires SaaS firm CombineSell

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.

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.”

Syamil FaisalAuthor

Founder at Conscious Creatives. Storyteller.

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