Poundit

Short description: Filipino e-commerce website

Poundit

Type| Private
Industry| Internet
Founded| 2014; 12 years ago (2014)
Founder| Kristian Salvo
Headquarters|

707 Greenbelt Mansions, Perea St., Legaspi Village, Makati

Philippines

Area served

| Philippines

Key people

| Kristian Salvo (CEO and Founder)
Services| E-commerce
(Online shopping)
Website| poundit.com

Poundit is a privately held online e-commerce website based in the Philippines. The website was founded by former BlackBerry Philippines manager Kristian Salvo in 2014.[1] It headquartered in Makati City, Philippines .[2][3] The company set up an end-to-end solution[buzzword] for the Philippine market including sales, electronics, gadgets, home appliances, and accessories.[4][5][6]

## Funding

In September 2017, Poundit has received ₱32 million worth of operating budget from the Singapore venture capital Cocoon, which helped it to grow its online business in the Philippines.[7][8][9][10]

## References

1. ↑ "Poundit Christmas countdown: 50 Days of Happiness sale" (in en-US). https://news.mb.com.ph/2017/12/02/poundit-christmas-countdown-50-days-of-happiness-sale.
2. ↑ Staff, Upgrade (2014-12-16). "New online gadgets store, Poundit, only offers top brands" (in en-US). http://www.upgrademag.com/web/2014/12/17/new-online-gadgets-store-poundit-only-offers-top-brands/.
3. ↑ get-awesome-deals-awesome-gadgets-poundits-baddest-summer-promo-594785 (2018-03-21). "Get awesome gadget deals with Poundit’s baddest summer promo" (in English). https://www.sunstar.com.ph//article/424770.
4. ↑ News, ABS-CBN. "Filipino 'happiness in a box' startup secures Singaporean funding". https://news.abs-cbn.com/business/09/22/17/filipino-happiness-in-a-box-startup-secures-singaporean-funding.
5. ↑ Nehemiah (2019-02-25). "Top 5 Online Gadget Stores in the Philippines" (in en-US). https://asiatechguide.com/online-gadget-store-philippines/.
6. ↑ "Online Shopping Sites in the Philippines" (in en). 2019-05-02. https://www.moneymax.ph/lifestyle/articles/best-online-shopping-sites-philippines/.
7. ↑ Adobotech, Bam- (2014-12-16). "Introducing Poundit the newest Gadget Online store in the Philippines" (in en-US). http://www.adobotech.net/introducing-poundit-the-newest-gadgets-online-store-in-the-philippines/.
8. ↑ "Poundit raises PhP 32-million funding, launches revamped online store" (in en). https://www.hardwarezone.com.ph/tech-news-poundit-raises-php-32-million-funding-launches-revamped-online-store.
9. ↑ Nieves, John. "Local E-commerce Site Poundit Gets Php 30 Million Funding From Cocoon Capital" (in en-US). https://www.unbox.ph/website/local-e-commerce-site-poundit-gets-php-30-million-funding-from-cocoon-capital/.
10. ↑ Charm, Neil. "Local start-up Poundit aims to be top electronics marketplace in Philippines" (in en-US). https://www.bworldonline.com/local-start-poundit-aims-top-electronics-marketplace-philippines/.

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