Pinkoi

Pinkoi is an e-commerce platform focused on the sale of original design goods from Asia based in Taipei, Taiwan.[1] It was founded by Peter Yen, Mike Lee and Maibelle Lin in 2011.[1][2]

Pinkoi
Type of site
E-commerce, Mobile Commerce, Cross-Border Marketplace, Design Goods Marketplace
Available inEnglish, Traditional Chinese, Simplified Chinese, Japanese, Thai
OwnerPinkoi (HK) Limited
Created byPeter Yen, Mike Lee, Maibelle Lin
URLpinkoi.com
CommercialYes
RegistrationRequired to buy or sell. Additional selection process required for opening a store.
Launched2011 (2011)
Current statusActive

In 2015, Pinkoi raised $9 million USD in funding from Sequoia Capital India and GMO Venture Partners and launched their English website.[1][3]

In March 2016, Pinkoi acquired iichi, a Japanese handicraft e-commerce platform.[4][5][6] Pinkoi became iichi’s top shareholder.[6] iichi’s other shareholders are Hakuhodo and Hakuhodo DY Media Partners.[4] In August 2017, Pinkoi announced its official launch in Thailand.[7][8] The site is currently available in Traditional Chinese, Simplified Chinese, English, Japanese and Thai.[7]

In April 2020, Pinkoi launched Pinkoi for Business, a one-stop online wholesale solution targeted at  buyers, wholesalers, retailers, and importers in the design industry. Pinkoi for Business provides market sales data along with cross-border logistics, payment, and customs duties solutions that assist in the product curation and buying process.

Pinkoi for Business uses data from Pinkoi’s global marketplace (Pinkoi.com), which has sold over 10 million products worldwide, to identify the top vendors and trending products in categories such as  home decor, accessories, pet supplies, stationery, beauty, electronics, and kitchen tableware.

Pinkoi for Business serves established design retailers like Design Within Reach (a subsidiary of Herman Miller Inc.), Tsutaya Books, LOFT, Siam Discovery, National Gallery of Art, etc.

References
  1. Shu, Catherine. "Pinkoi, A Marketplace For Independent Designers In Asia, Raises $9M And Launches English Site". TechCrunch. Retrieved 2018-01-25.
  2. "Should Etsy and Fab keep tabs on Taiwan's Pinkoi? Yes, we think so". e27. Retrieved 2018-01-25.
  3. "E-Commerce Startups Changing The Fashion Industry - Top 5". Retrieved 2018-03-01.
  4. Mori, Junya (2016-03-23). "Japan's Iichi, Taiwan's Pinkoi join forces to make handmade marketplaces more vibrant". THE BRIDGE. Retrieved 2018-01-25.
  5. Fannin, Rebecca. "Tracking Taiwan's Progress With Startups That Rock". Forbes. Retrieved 2018-01-25.
  6. "Online marketplace to link Japanese artisans with Asian shoppers- Nikkei Asian Review". Nikkei Asian Review. Retrieved 2018-01-25.
  7. "Online design marketplace launches in Thailand - The Nation". The Nation. Retrieved 2018-01-25.
  8. "Captain's Log, Aug 03: ofo launches bike-sharing service in Malaysia, Pinkoi enters Thailand". e27. Retrieved 2018-01-25.
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