What is Evermos? Evermos Review

Origin of the name

The name Evermos is a combination of keywords from the company’s tagline, “Every Muslim’s Daily Needs”.

Selling products

Evermos claims to have expanded its sales network to every province in Indonesia, with more than 20,000 paying dealers selling thousands of halal products in vertical fields, including fashion, food and beauty, such as headscarves, robes, Muslim books, etc. People can run online businesses through social media and Evermos' online mall and applications without spending a lot of money. It only costs 300,000 Indonesian rupiah (about 150 yuan) to join Evermos as a dealer.

Financing

Indonesian halal social e-commerce platform Evermos has completed a US$8.25 million Series A financing round, led by Singapore fund Jungle Ventures, followed by Chinese fund Shunwei Capital and Indonesian fund Alpha JWC Ventures.

The funds from this round of financing will be used to expand brand influence, expand cooperation and establish a distributor network.

References

• 1. Potential opportunities in the Indonesian market, Evermos becomes a dark horse platform: NetEase [cited date 2019-12-11T16:00:00.000Z]