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Ensogo's New Mobile Marketplace Demonstrates Exceptional Early Growth

Ensogo new mobile marketplace performing strongly with exceptional growth in sellers and products by 600% and 3000% respectively
Flash sales expertise and leadership in personalisation technology firmly establishes Ensogo as Southeast Asia's #1 mobile marketplace
Powerful personalisation technology on the new Ensogo mobile marketplace further drives strong product discoverability, creating individualised shopping experiences for consumers.
2016-03-04 11:40 6382

SINGAPORE, March 4, 2016 /PRNewswire/ -- Ensogo Ltd. (ASX: E88), Asia's leading e-commerce company, celebrates the exceptional growth of its new mobile marketplace. In just 10 weeks since launch, the Ensogo mobile marketplace has already attracted strong support from established sellers in the region, with rapid increases in active sellers and inventory by 600% and 3000% respectively over the first two weeks of January[1], following on strong Q4 2015 metrics.

The rapid growth in availability of quality products on the new mobile marketplace, coupled with Ensogo's flash sales expertise and market-leading personalisation technology has gained significant traction within the business. Powerful personalisation technology on the new Ensogo mobile marketplace further drives strong product discoverability, creating individualised shopping experiences for consumers.

Ensogo personalised shopping
Ensogo personalised shopping

Mr. Kris Marszalek, co-founder and CEO of Ensogo commented: "The introduction of Ensogo's new mobile marketplace represents a game-changing shift for the business. Since its launch, we have seen an exponential increase in both new and active sellers, adding hundreds of thousands of products to our offering. Exciting merchandise is a pre-requisite to successful customer acquisition and retention; Ensogo now offers consumers across the region a vastly expanded and truly exceptional range of products at a competitive price."

The rapid traction established with the mobile marketplace underscores the company's transition away from its legacy services business. Along with changing trends and consumer behaviours in Southeast Asia, the company believes a streamlined offering is critical as the business moves into its next stage of growth.

CEO Marszalek emphasized, "The e-commerce opportunity in Southeast Asia is enormous, and has immense potential for further growth. We have already experienced significant traction, reaffirming that our decision is a move in the right direction for both our customers and our investors."

About Ensogo
Listed on the Australian Securities Exchange (ASX: E88) and headquartered in Singapore, Ensogo Ltd. is a leading e-commerce platform focused on connecting products for sale to over 600m+ consumers throughout Hong Kong, Indonesia, Malaysia, the Philippines, Singapore and Thailand. To ensure our customers enjoy a superior shopping experience, we handpick our offerings and work only with highly reputable, select merchants and brands. From the latest consumer electronics, state-of-the-art gadgets, luxury accessories from world-renowned brands, to stylish furnishing and accessories for the home, you can find it on Ensogo!

For more information, please contact:

Ensogo Limited
2 Kallang Avenue, CT Hub, #03-09, Singapore, 339407
T +65-6299-3011
F +65-6299-3435
E
info@ensogo.com 

Corrine Koh
Chief Marketing Officer, Ensogo Group
corrinne.koh@ensogo.com
+65-6293-3592

Note:

[1]

Current to January 18, 2016.

Photo - http://photos.prnasia.com/prnh/20160303/8521601427-a
Logo - http://photos.prnasia.com/prnh/20160303/8521601427LOGO

Source: Ensogo Limited
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Australia:E88
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