JVCOM MARKETPLACE - SHOPPING AND SALES ONLINE SIMPLE, FAST AND SAFE
In February 2019, JVKART launched in INDIA as a social-first, mobile-centric marketplace where users can browse, shop and sell products. The asset-light platform is integrated with logistical and payment support, and claims to make online shopping easy and secure for both buyers and sellers. The app-based platform launched a website to compete with other e-commerce companies such as Coupang, Lazada, Tokopedia and AliExpress. To differentiate itself, JVKART offers online shopping security through its own escrow service called JVKART Guarantee, which can be used to withhold payments from sellers until buyers have received their orders.