{"id":3653,"date":"2022-10-20T07:33:19","date_gmt":"2022-10-19T23:33:19","guid":{"rendered":"https:\/\/dailymarkup.com\/?p=3653"},"modified":"2022-10-20T07:38:11","modified_gmt":"2022-10-19T23:38:11","slug":"daily-markup-614-storehub-team-sets-their-sights-on-achieving-net-profitability-while-empowering-small-retail-and-fb-businesses-in-se-asia-to-grow","status":"publish","type":"post","link":"https:\/\/dailymarkup.com\/?p=3653","title":{"rendered":"Daily Markup #614: StoreHub team sets their sights on achieving net profitability while empowering small retail and F&amp;B businesses in SE Asia to grow"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/zJb9DApeVhEZ0LKO8TsyuXJIu-jW8BXdVAWkx3EP6MGj240LZzgyFjp9A297E8t3nXlPo--S3idYYB7j9fjSr5QX5WjeLi5gbVZhSkWbcbkrtXcXnRSagmSzhNR6JVbjko3mwFyleU7Sk6X03DCSXXAVrxD1GEES5Dc5E14qqMHvR4qnyhOJjTOR6Q\" alt=\"\" \/><figcaption>Credit: TechNode Global<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>All-in-one, and one for all&nbsp;<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>\u201cWe are driven to make life-changing digital solutions like ours accessible to the little guys \u2013 in other words, <a href=\"https:\/\/bit.ly\/3TpSYE4\">SMEs who are also the backbone of many SEA economies<\/a>,\u201d said Co-founder &amp; CEO of 500-backed <a href=\"https:\/\/www.storehub.com\/\">StoreHub<\/a>, Wai Hong Fong.<\/li><li>The team continues to stay laser-focused on helping restaurants and retailers in Malaysia, the Philippines, and Thailand automate and grow their business. Their recent US$13.5M funding round has been committed to sustainable scaling and further investment into technological innovation to help retail and F&amp;B businesses succeed in the ever-changing landscape.<\/li><li>The company has also set the goal of reaching net profitability within 18 to 24 months.<\/li><li>Where is StoreHub currently? In the last 12 months, the company has processed over 128 million transactions worth over US$1.58B in gross transaction volume (GTV) \u2014 an impressive 40% increase over the previous year.<\/li><li>\u201cIt is not just marketing speak when we say we are the all-in-one platform you need to automate and grow. Everything you need to run a successful business is integrated meaningfully into our ecosystem \u2013 from solutions that automate the ordering and payment process to targeted SMS marketing and real-time customer data reports that can help SME owners make better business decisions,\u201d he commented.<\/li><li>Read the full interview on <a href=\"https:\/\/bit.ly\/3TpSYE4\">TechNode Global<\/a>.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>All-in-one, and one for all&nbsp; \u201cWe are driven to make life-changing digital solutions like ours accessible to the little guys \u2013 in other words, SMEs who are also the backbone of many SEA economies,\u201d said Co-founder &amp; CEO of 500-backed StoreHub, Wai Hong Fong. The team continues to stay laser-focused on helping restaurants and retailers [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":3654,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[322],"tags":[396],"class_list":["post-3653","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily","tag-storehub"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Daily Markup #614: StoreHub team sets their sights on achieving net profitability while empowering small retail and F&amp;B businesses in SE Asia to grow - Markup<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailymarkup.com\/?p=3653\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Daily Markup #614: StoreHub team sets their sights on achieving net profitability while empowering small retail and F&amp;B businesses in SE Asia to grow - Markup\" \/>\n<meta property=\"og:description\" content=\"All-in-one, and one for all&nbsp; \u201cWe are driven to make life-changing digital solutions like ours accessible to the little guys \u2013 in other words, SMEs who are also the backbone of many SEA economies,\u201d said Co-founder &amp; CEO of 500-backed StoreHub, Wai Hong Fong. 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