Global e-commerce company Sellavi invests 7 million euros in Bulgaria – Companies
An investment of 7 million euros plans to make Bulgaria a global e-commerce platform Selavi. The company operates in 27 markets worldwide and chooses Bulgaria as the starting point of its entry into Europe. Selavi was established in 2015 in Israel and currently serves 75 million users per month.
“We chose Bulgaria as our first step into the European market because of the thousands of education and development professionals who can join our global team. , as well as our strategic partnerships with the best European banks will not allow us to help businesses in the region to discover and use new and different growth opportunities,” said Kobi Haddad, CTO of Selavi.
With over 200 thousand customers in different countries Selavi has the ambition to be the best e-commerce platform for small and medium businesses. The platform records an average of 65,000 transactions per day, a €50 average transaction per store and an extremely high average conversion value of 2.7% for merchants.
When creating the Selavi data from surveys among 70,000 people were used so that the platform could meet the needs of users to the maximum extent. The technology was awarded as the best for 2022 at the ninth GO E-COMMERCE conference in Israel, which annually observes the latest trends and innovations in the industry.
Selavi combines all the necessary functionalities and suppliers for online stores in one easy solution that makes selling online faster than ever. The platform offers domain selection, direct payments and invoices to merchant customers, custom store design, clearly targeted advertising, and 24/7 user support.
Only 30 minutes are needed to set up shop in Selavi, another 15 – to study the management system with the help of a company consultant. The youngest user of the platform is 18 years old, and the oldest is a 75-year-old lady who sells handmade dolls online.