User:Wongrenhao/sandbox

Qoo10 is a Southeast Asian e-commerce platform founded in 2010, under the parent company Qoo10 Private Limited. Headquartered in Singapore, it operates localized online marketplaces across 5 countries – Singapore, Indonesia, Malaysia, China, and Hong Kong – as well as one international online marketplace. It optimizes its platform and services for small and medium enterprise merchants.

Qoo10 was established in 2010 under Giosis Private Limited, a joint venture between Gmarket founder Ku Young Bae and eBay. In 2018, eBay acquired Giosis Private Limited and its Japan business, including the Qoo10.jp platform, while giving up control over Giosis' non-Japanese businesses. These businesses were moved under a new parent company, Qoo10 Private Limited.

History

 * 2009 April - Ku Young Bae sells Gmarket to eBay
 * 2010 June - Giosis Private Limited is established as a joint venture between Ku Young Bae and eBay. Gmarket Singapore and Gmarket Japan online marketplaces launch
 * 2011 April - Marketplaces launch in Indonesia and Malaysia
 * 2011 November - Global marketplace launches
 * 2012 April - Gmarket online marketplaces under Giosis rebrands as Qoo10
 * 2012 July - Qoo10 marketplaces launch in China and Hong Kong
 * 2015 July - Giosis raises US$82.1 million in Series A funding from Singapore Press Holdings, eBay, Oak Investment Partners, Saban Capital Group, Brookside Capital, and UVM 2 Venture Investments
 * 2018 April - eBay completes acquisition of Giosis Private Limited and its Japan properties, including Qoo10.jp, which will now operate independently from other Qoo10 sites.  eBay relinquishes its stakes in Giosis' non-Japanese businesses, which are moved under newly established parent company, Qoo10 Private Limited

Funding History
In July 2015, Giosis Private Limited raised US$82.1 million in Series A funding led by Singapore Exchange-listed Singapore Press Holdings, with participation from eBay, Oak Investment Partners, Saban Capital Group, Brookside Capital, and UVM 2 Venture Investments. The company stated their intention to use the funds to accelerate Qoo10’s technology growth and service development, while investing in additional infrastructure and talent acquisition.

Awards and Accolades
Qoo10 was named as the Best Online Retailer at AsiaOne’s People Choices Awards 2015 & 2016.

In January 2016, Qoo10 was ranked 4th among 259 local and global brands with the most positive image, just after Singapore Airlines, Apple iPhone and WhatsApp.

In 2016, Qoo10 was voted “Best Electronics Shopping Portal” at Tech Awards 2016 organized by Singaporean tech magazine HWM and HardwareZone.

In 2017, statistics from CGS-CIMB and Euromonitor showed that Qoo10 Singapore captured 32.6% of market share in Singapore's e-commerce market.

Data insights from metasearch engine iPrice also show that Qoo10 consistently holds the top spot for monthly user visits among e-commerce platforms in Singapore.