Smile Shop Forms Strategic Partnership With Jin Sha Group
By
B2B Cambodia
on
Smile Shop Co Ltd has entered into a strategic partnership with venture capital firm Jin Sha Group it was announced in August 2021.
Smile Shop was founded in 2018 by Theab Sovannareth, Jack Lee and Mak Chamroeun, and provides an online platform to sell fresh produce, groceries, electronics and lifestyle products. Customers are able to purchase the goods via contactless payment with ABA Bank, Wing, AliPay, Union Pay, Visa, Mastercard, Pi Pay and Huione Pay.
In April 2021, the company said that deliveries in Phnom Penh are made within between two and 12 hours, while outside the capital, deliveries may take up to 48 hours.
The deal was inked by the Cambodian eCommerce portal "to expand the platform's capabilities, improve service offerings, shore up domestic businesses and bring local products to the global horizon" reported the Phnom Penh Post.
Lee told the PP Post that the capital will fuel Smile Shop's expansion into a 'super e-commerce platform'.