3. What Problems doesYamibuy Find?
◦ Many places in US have little or no access to Asian goods.
◦ Feel homesick and miss the delicious food and snacks back at
home country.
4. Yamibuy.com
◦ Provides Asian snacks&
food, beauty & health
products, home
appliances and books
◦ Ships variety of Asian
products to any places in
US.
8. Business model: Customer-driven sales
◦ See the potential of a growing customer base
◦ Asian population grows quickly since 2000
9. Business model: Customer-driven
sales
◦ Listen to the customer and let them guide the direction of the
company.
◦ Changed customer targets
◦ Add in moreproducts
◦ 15,000 products in variety of categories.
11. Company History
◦ Founded in March 2013 by Alex Zhou in LA
◦ Starting at 2014, Added beauty & health product, home
appliances
◦ October 2016, Cooperation withJD.com
◦ July 2017, $10 Million Investment Led by GGV Capital
12. Secret Sauce
◦ Asian Food and Snacks
UNIF 100 Chinese Instant
Noodles
Weilong Hotstrips Lonely God Potato Twists