# Great Deals E-Commerce Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/great-deals-e-commerce

- Industry: Marketing/Advertising
- Headquarters: Quezon City, Philippines
- Website: www.greatdealscorp.com
- Total disclosed funding: $30M
- Latest round: Series B (May 19, 2021)
- Investors on record: 3

## About

Great Deals E-Commerce Corporation, based in the Philippines, specializes in comprehensive e-commerce solutions, servicing multinational brands through marketplace management, customer support, logistics, and analytics.Founded in 2017 and headquartered in Quezon City, Philippines, Great Deals E-Commerce Corporation operates as an e-distributor, focusing on enhancing online sales for brands. The company raised USD 30 mn in a SERIES B round in May 2021, led by Fast Logistics Group with participation from CVC Capital Partners and returning investor Navegar. The company has completed 2 deals since its inception.Great Deals E-Commerce Corporation operates as a leading e-distributor in the Philippines, providing tailored e-commerce solutions for multinational brands. The company specializes in end-to-end services including marketplace management, logistics, and customer support, aimed at enhancing brand awareness and customer experience across diverse sectors such as fashion, electronics, and health. Great Deals extends its solutions to international markets, driving sales and engagement for its clients.In 2022, Great Deals E-Commerce Corporation reported a revenue of USD 136.80 mn and an EBITDA of USD 2.24 mn. The company's revenue model is focused on B2B e-commerce solutions, where they partner with brands to manage their online presence and sales operations, utilizing a combination of fixed fees and performance-based incentives.Following its recent funding, Great Deals E-Commerce Corporation plans to build an automated fulfillment center to enhance its operations and expand its market penetration outside the Greater Manila Area. The funding will also support the company's initiative to provide Instant Commerce, enabling deliveries within one hour. These strategies aim to solidify Great Deals’ presence in new geographic regions and enhance its service capabilities.

## Funding rounds

- Series B, May 19, 2021, $30M — CVC, Navegar, Fast Logistics Group

## Investors

- CVC (https://capitalatlas.ai/funds/cvc) — Series B
- Navegar (https://capitalatlas.ai/funds/navegar) — Series B
- Fast Logistics Group — Series B