Corporate News
Synagie Inks Deal with China’s Largest Wechat Solutions Provider to help SMEs in Southeast Asia penetrate China’s behemoth Social e-commerce Market
- Synagie to offer first-of-its-kind, one-stop business solution to help SMEs grow their online cross-border business and fulfil cross-border orders to consumers in China
Synagie Corporation Ltd. (SGX: V2Y) (“Synagie”, “思腾控股有限公司”, the “Company”, or the “Group”), Southeast Asia’s leading e-commerce enabler that assists brands to execute their e-commerce strategies using its cloud-based platform, is delighted to announce that it has signed an agreement with a wholly-owned subsidiary of Hong Kong Main Board listed Weimob Inc (HKG: 2013) (“Weimob”) to offer its integrated crossborder e-commerce and advertising solutions that will help SMEs in Southeast Asia (“SE Asia”) penetrate China’s behemoth social e-commerce market.
Weimob is China’s leading cloud-based commerce and marketing solutions provider and also the largest third-party service provider for SMEs in the WeChat ecosystem, which has more than 1 billion monthly active users. It offers advertising solutions that covers the entire Tencent ecosystem, Baidu and Q&A platform – Zhihu to help merchants drive traffic.
Through this agreement, Synagie will leverage on Weimob’s e-commerce enablement solutions and deep domain expertise in the China e-commerce market to offer an end-to-end solution via Synagie’s cloud commerce platform that will allow SMEs in Singapore and SE Asia to penetrate China’s social e-commerce market. Synagie’s end-to-end solution will cover the entire commerce value chain from setting up SMEs’ WeChat official account to digital store management, content translation, digital marketing and smart supply chain for fulfilling crossborder orders to consumers in China.
CEO & Executive Director of Synagie, Mr Clement Lee commented, “No more worrying about logistics, warehousing or how to engage new customers in different countries. All a SME needs is an internet browser to manage and grow their multi-channel or cross-border online business in Southeast Asia and China. We believe this is the future of commerce and one that is well suited for SMEs as no upfront investment is required. We are looking at a “new partnership model” with our customers where we will take a percentage of sales when we help them sell.”
