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Ecommerce

Shopmatic announces merger with Octopus

Friday 29 March 2019 | 12:09 PM CET

Shopmatic, providing ecommerce solutions, has announced its merger with Octopus, a provider of retail management solutions.

The two Singapore-based companies understand that retail businesses require a complex offline and online digital ecosystem to scale their businesses and assist them in managing their customers.

While Shopmatic provides the ecosystem for establishing a business online, Octopus offers cloud-based retail management solutions to brick-and-mortar businesses, from small boutiques to large retail chains.

With this partnership, both companies aim to expand into newer markets and benefit from each other’s geographical strengths – Shopmatic with their presence in India, Middle East, Singapore, and Hong Kong, and Octopus with their presence in China, Malaysia, the Philippines, Sri Lanka, Taiwan, and the US.

More: Link
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