11street celebrates third anniversary by offering ‘mind-blowing’ deals

KUALA LUMPUR: 11street, an e-commerce platform, which is celebrating its third anniversary, is offering customers “mind-blowing” deals, exciting contests and a whole load of prizes and giveaways worth RM50,000.

In a statement, 11street said it is kicking off its Birthday Flash Sales from April 1- 13, offering online shoppers products starting from RM3 and to top it all off, the platform is also launching an international clearance sale which offers express delivery within seven days for all featured products from Korea. 

11street CEO Hoseok Kim said over the past three years, the company had seen considerable growth in several facets of its business operations, from its products to its sellers. For instance, from 2015 to 2017, the company saw more than 300% growth in total gross merchandising volume (GMV).

“We are thrilled to be celebrating this milestone as we are confident that Malaysia is set to see significant advancement of its e-commerce industry in 2018, and 11street intends to be at the forefront of this industry growth as we continue to meet the needs of Malaysian online shoppers and explore ways to enhance the shoppers’ experience,” Kim said. 

11street has also experienced more than 200% increase in the total number of sellers registered on its platform, as well as a growth of more than 160% in its product listings from 2015 to 2017. 

Launched in Malaysia in 2015, 11street is a joint venture between Axiata Digital Services and South Korean e-commerce marketplace provider, SK Planet. 11street currently has more than 13 million product listings on its platform from over 40,000 sellers.