Updates Archive

Double month combo – there's been a lot going on!

• –China WFOE and Shanghai office established, the key for unlocking trade in China.
• –Shifting focus from Sellers to Buyers for a while. Stay tuned for results.
• –YTD GMV of just under $200K has already surpassed the 2025 annual total.

A shift in GMV composition and China blooms from 1 to 4 🌱

• –GMV over 35K again, maintaining momentum while AOV hit an all-time high of $455.
• –China-based sellers now account for 45% of platform sales, demonstrating strong early growth.
• –Kicked off UNSW Climate 10x program to accelerate expansion focussing on GTM Flywheel

Going all-in on China as our primary growth lever

• –GMV nearly doubled MoM
• –Transitioned from risk-aware testing to an 'all-in' strategy on China
• –Successful joint-booth model tested at Global Sourcing Expo Sydney

The China - USA edit.

• –Major snags with China payments (and a solution)
• –Supply pipeline is set up for the next phase of growth
• –eBay Ventures Pitch in NYC + planting seeds for US business development

And we're flying.

• –Highest fully platform generated GMV to date
• –Finalist in eBay Global Fashion Fund for $300K pitch
• –20x supplier pipeline growth on recent trip to China

Top AU fashion retailer, China, and a $100K day

• –Confirmed Country Road as a customer
• –Achieved first China-to-China sale
• –Launched Bianca Spender case study

Feb, Future, Focus!

• –Successful sold-out event in Melbourne during Fashion Festival
• –Pipeline engagement with meaningful brands
• –GMV is climbing back up despite Chinese New Year

Groundwork for a big year ahead

• –AU's Largest premium brand in our sourcing pipeline
• –Materially outperformed on Net Revenue thanks to additional offline sales
• –60 Day Results with 1st Chinese Supplier are in: Doubled AOV of our AU Suppliers

One Year Wrapped!

• –12 months since incorporation
• –Cracked 200K in GMV for the year
• –China now live and transacting

China Onboarding Sparks New Growth

• –Achieved highest net revenue to date
• –Onboarding of first three suppliers in China
• –Significant momentum in building a pipeline for Closed China Pilot

Unlocking Global Opportunities

• –Successful pitches at SXSW Sydney and SWITCH Singapore
• –Record number of active SKUs
• –China pilot confirmed with 50 sample qualities

The Guide to Surplus is here

• –Launched the Guide to Surplus with 76 downloads
• –Selected to pitch at SXSW Sydney in Climate category
• –Building a supplier pipeline in China

Growth and Growing Pains

• –Our platform is moving into a full rebuild phase to enhance capabilities.
• –Record active SKUs and growth in new buyers.
• –Success at The Design Gallery tradeshow and competition.

Curveballs & Triumphs

• –Strong GMV Revenue
• –Record number of SKUs added
• –System upgrades completed