What is Ukey? Ukey Review

What is Ukey? Ukey Review
Youshi is positioned as a cross-border imported brand aggregation supply cloud service platform. By integrating various resources to create a new S2B (Supply chain platform to Business) innovative model, it connects overseas brands and Chinese merchants, and guarantees 100% authenticity in a pure self-operated model. With a large number of rich categories, safe, efficient and low-cost logistics, and exclusive brand price advantages, it has become a cloud team for merchants and enterprises in various consumer markets. In the new retail era, it provides online and offline merchants who need to import goods with full-chain services such as procurement, product selection, and circulation, and ultimately provides consumers with differentiated overseas authentic products. Founder Simon Founded in 2015 Nature Aggregation platform


Product Introduction

Cloud Brand

Aggregate a large number of high-quality overseas brands

Cloud circulation

Provide full-chain flexible circulation services

Cloud selection

Conduct data-based, accurate product selection and recommendation

Solve pain points

1. It is difficult to distinguish the authenticity of the goods

Authenticity and quality control are not guaranteed

Official brand cooperation guarantees authentic products

2. Hot-selling products engage in price wars

Thin profits and no room for improvement

Exclusive platform-level price advantage

No need to worry about the whole chain circulation service

3. All products are homogenized

No differentiated competitiveness

Special niche brand collection supply

4. Unclear product selection direction

The cost of testing explosive products is high

Data-based precision product selection recommendations

5. Unmet needs

Can't find the required supply

Personalized customized purchases can be matched at any time

6. The circulation process is complicated

The operation process is very complicated

7. Lack of cross-border talent

High cost and difficulty

UKey Cloud Team can access it at any time

8. Serious cargo damage

Cross-border trade after-sales service is difficult

Complete all-inclusive after-sales support

Development History

In 2015, Guangzhou Youshiyunhaitao Network Technology Co., Ltd. was officially established. In the same year, it completed its first round of financing of 8.1 million yuan and developed full-chain technical support for cross-border e-commerce.

In 2016, the public beta version of the Youshi platform was launched, completing a tens-million-level Pre-A round of financing with a valuation of over 100 million yuan.

In early 2017, it was shortlisted for the "2017 E-commerce Platform of the Year" at the ChinaBang Awards Internet Annual Ceremony, standing out from more than 1,400 emerging Internet companies nominated. It was shortlisted by other outstanding companies including Xiaohongshu, Yangmatou, YOHO! Youhuo, etc., and its differentiated innovation was recognized.

In mid-2017, Youshi was successfully selected into the first batch of national high-tech enterprises in 2017. In the next three years, Youshi will receive strong support from the state in terms of scientific and technological research and development, innovation funds, corporate management and talent team building, and enjoy a series of preferential policies.

In October 2017, Youshi officially transformed its focus to aggregate the supply of imported brands, and provided full-chain cross-border services for imported brands to a large number of small and medium-sized sellers and enterprises.

In the first half of 2018, the company completed its third round of financing worth tens of millions of RMB, with a valuation of hundreds of millions of RMB. Youshi is committed to becoming a Chinese cross-border imported brand aggregation supply service platform, and has obtained exclusive agency and channel exclusive agency for multiple overseas high-quality brands. Youshi will continue to work hard as a bridge between overseas high-quality brands and Chinese small and medium-sized enterprise sellers.

References

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