As part of its efforts to expand its global reach, the company also announced a partnership with Canadian financial startup Nuvei Corporation in January this year.
E-commerce platform Ubuy plans new launch as it boasts $12 million in revenue in India
Kuwait Ubuy, a based international e-commerce platform, recently announced the launch of its “U-Care Guarantee” policy for international product warranty claims. Under the “U-Care Guarantee” policy, Ubuy is committed to providing warranty benefits to customers on eligible products purchased through the platform.
The company said in a statement: “Each product listed on the Ubuy platform comes with detailed terms and conditions outlining the criteria for warranty coverage. If the product meets all requirements specified in the terms and conditions, If a claim is deemed eligible, Ubuy will facilitate the necessary actions to rectify the issue and ensure that the customer enjoys warranty benefits without any hassle.
“At Ubuy, we are committed to providing a great shopping experience that goes beyond just purchasing. With the introduction of the 'U-Care Guarantee' policy, we aim to alleviate customers' concerns regarding warranty claims for overseas products. ” said Ubui spokesperson Faizan Khan.
Ubuy generated: revenue 12 million dollars in India. In an interview with ETRetail, Dali Al Abdulhadi, CTO and Founder of Ubui, recently said, “We are very optimistic about the Indian market and expect 30% growth in FY24-25.” Told.
In an effort to expand globally, the company also announced a partnership with Canadian financial startup Nuvei Corporation in January this year. According to the company, the partnership will allow Ubuy to utilize his Nuvei alternative payment method (APM) and leverage its revenue. fintech The company's international presence and knowledge of the local payments market.
