# Hioffer

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hioffer

- Industry: Internet
- Headquarters: Beijing, China
- Website: www.hioffer.com
- Latest round: Angel (Feb 28, 2018)
- Investors on record: 1

## About

Hioffer is a digital platform facilitating online transactions, particularly in e-commerce, focusing on enhancing user engagement and streamlining the buying and selling processes for both individuals and businesses.Founded in 2017, Hioffer operates primarily in Beijing, China. The company has undergone no significant pivots in its business strategy since inception. It was established by individuals with a commitment to creating a platform that makes online transactions smoother and more efficient. The firm recorded its only deal in February 2018, raising an undisclosed amount of Angel funding from Sinovation Ventures, marking its status as the investment target.HiOffer.com primarily serves as a digital platform designed to provide a seamless experience for users engaged in online transactions, especially within e-commerce. The platform focuses on optimizing buying and selling processes through innovative tools aimed at improving user satisfaction. It caters to individual consumers and SMEs, enabling efficient exchanges and addressing common challenges encountered in traditional marketplaces, with a geographic focus on regions experiencing significant e-commerce growth, particularly North America, Europe, and parts of Asia.Hioffer's revenue generation model hinges on facilitating transactions between users on its platform. The business employs a dual approach that includes subscription plans for premium services and transaction fees charged to sellers for product listings or commissions on successful sales. This structure ensures both B2B and DTC interactions, fostering a robust flow of transactions while creating value for sellers and buyers alike.Looking ahead, Hioffer plans to introduce new products designed to enhance user experience, though specific details and release dates have not been disclosed. The company is also targeting expansion into new markets, with a focus on increasing its presence in regions with emerging e-commerce potential. The funding raised in February 2018 will be utilized to support these initiatives, bolstering resources for product development and market entry strategies.

## Funding rounds

- Angel, Feb 28, 2018 — Sinovation Ventures

## Investors

- Sinovation Ventures (https://capitalatlas.ai/funds/sinovation-ventures) — Angel