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LiNeo

Japan
Market: Trade
Stage of the project: Prototype or product is ready

Date of last change: 13.05.2022
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Idea

The LiNeo platform connects Manufacturers and OEM firms in partnerships with global Agents by overcoming language and cultural barriers in 3 key languages, English, Japanese and Chinese.

Current Status

- We currently have 30 products listed on our site which is currently not bringing in income yet as we officially launched at the beginning of May and are offering the first two months for free.
- These products are from 3 different countries.
- We have 6 registered agencies in Japan, 6 in China, 2 in South Africa and 1 in the UK and are continually working to add more.
- We are currently negotiating the sale of 10,000 electric bicycles to one of Japan’s largest electronic retailers and a Chinese manufacturer.

Problem or Opportunity

We hear global market all the time however for many they don’t have the tools to enter this space. Language, business culture and the inability to setup contracts with confidence being the barriers that have held them back. Specifically, Manufacturers with quality products and technologies, OEM firms with production capabilities and Agencies or Agents motivated and ready to promote and sell products to their networks. This is the issue we are committed to solving.
We know this market exists because we as the LiNeo team found ourselves in this situation, it is what brought us together.

Solution (product or service)

The LiNeo platform is designed to connect and foster trade globally between parties that are limited in their ability to do so because of language and cultural barriers as well those unable to navigate the contract process. The LiNeo platform is setup in our 3 key languages, English, Japanese and Chinese. Manufacturers and OEM firms that register with us will have their company and product information translated into the 3 key languages and then posted on the platform. Once posted they are made available and promoted to the library of agents registered on our site based on matching criteria.

Business model

LiNeo Co., Ltd. is an e-commerce B2B online platform. We connect manufacturers and Agencies, facilitating the global as well as national sale of goods and services. Assisting with language and cultural services and helping in the establishment of contracts between the parties involved.
Manufacturers and OEM firms pay an initial registration fee of 500 USD and then 500 USD per month per product. This includes language services and the posting of products on the platform.
Agencies and Agents can register for free.
Upon the conclusion of contracts LiNeo will receive 3% commission on sales.
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