Markato

Markato

Offering an all-in-one online wholesale platform for businesses and stores in Asia to source from hundreds of premium and independent brands. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
$20—30m (Dealroom.co estimates Aug 2023.)
Hong Kong Island Hong Kong (HQ)
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DateInvestorsAmountRound
*

$5.0m

Seed
Total Funding$5.0m

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Markato is a dynamic startup operating in the wholesale marketplace sector, designed to bridge the gap between retailers and brands worldwide. The company offers a platform where retailers can discover and purchase a curated selection of handpicked brands and products from around the globe. This service is particularly beneficial for small to medium-sized retailers looking to diversify their product offerings without the risk of upfront costs.

Markato's business model is centered around a "Buy Now, Pay Later" system, allowing retailers to generate sales and grow their businesses before making payments. This 60-day payment window provides retailers with the flexibility to manage their cash flow more effectively. Additionally, Markato offers free returns on first orders, giving retailers the confidence to try new products without financial risk.

The company serves two primary client groups: retailers and brands. Retailers benefit from access to a wide range of products, easy international shipping, and seamless payment processes. Brands, on the other hand, gain exposure to a broader market without the need for upfront investment, as there are no initial costs or commitments required to sell on the platform.

Markato operates in the global wholesale market, focusing on providing a streamlined and efficient shopping experience for retailers. The platform features over 15,000 products, including bestsellers and new arrivals, ensuring that retailers have access to the latest and most popular items.

Revenue generation for Markato comes from transaction fees and possibly from premium services offered to brands and retailers. By facilitating transactions between brands and retailers, Markato earns a percentage of each sale made through its platform.

In summary, Markato is revolutionizing the wholesale marketplace by offering a risk-free, flexible, and efficient platform for retailers and brands to connect and conduct business.

Keywords: wholesale marketplace, curated brands, buy now pay later, international shipping, seamless payments, no upfront cost, free returns, global market, transaction fees, product diversity.