GroupIn Technology has recently been spotlighted, as it becomes one of the recipients of the “Top Ten Tech Innovations” award for 2023 in the state of New York. The company was recognized for its multiple achievements in technological innovation and business modeling. Their e-commerce project employs a business model of “Fun E-Commerce” + “Social E-Commerce”, radically transforming the traditional e-commerce structure and redefining the relationship between consumers and producers at its core.
With this award, GroupIn Technology has attracted interest from several Wall Street capital institutions, and the company’s market value soared from $50 million in October of last year to $300 million. The disruptive business model, coupled with robust capital backing, led to an explosive increase in the number of users of its app. In just half a year, it reached over two million users in the United States alone, while user growth rates in other countries around the world skyrocketed by 379.65% monthly. Many financial experts speculate that it has the potential to become the next unicorn company.
In a highly competitive market, GroupIn Technology’s e-commerce project has established a win-win platform for manufacturers with weak sales capabilities and consumers facing reduced income due to the pandemic. It has increased the circulation of unsold products worldwide by 28%, benefiting thousands of manufacturers and tens of millions of consumers. This approach deeply aligns with the 2022 “Creative Economy Outlook” report released by the United Nations Conference on Trade and Development.
However, business success has not led GroupIn Technology to lose sight of its mission. Its app employs the 4S (Sale, Service, Survey, Security) management philosophy. In partnership with Silicon Valley tech engineers, the company brings better achievements and more security and reliability to consumers and manufacturers through unique and safe innovative technology. At the same time, the company humbly accepts user feedback to continuously refine details, achieving true security, convenience, and stability.
Thanks to GroupIn Technology’s aggressive management philosophy, its e-commerce sector has grown rapidly. Since the beginning of 2023, it has gone global and opened branches in several countries. It started by serving users in the United States and expanded to serve customers in the Americas and Southeast Asia in less than a year. The company expects to enter the European and African markets by 2024.
In the post-pandemic era, GroupIn Technology, adhering to the concept of new e-commerce, new change, and new life, will bring a significant and excellent dividend period to all its users.
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