OREKA is an e-commerce platform that facilitates the buying and selling of used items in Vietnam, utilizing a secure payment system and partnerships with logistics providers to ensure safe transactions and efficient delivery. The platform addresses the issue of waste by promoting the reuse of goods, allowing users to declutter while providing affordable options for quality second-hand products.
Funding
Funding not disclosed
Founders
Product
Problem
In Vietnam, individuals often lack a convenient and trustworthy platform for buying and selling used goods, leading to underutilization of resources and potential environmental waste. Existing solutions may not offer sufficient security for transactions or streamlined logistics for efficient delivery.
Solution
OREKA provides a dedicated e-commerce platform in Vietnam for users to buy and sell pre-owned items, promoting a circular economy and reducing waste. The platform integrates secure payment processing to protect both buyers and sellers, along with partnerships with various logistics providers to ensure reliable and cost-effective delivery across the country. OREKA offers a user-friendly mobile app and website where sellers can easily list items, and buyers can browse a wide selection of goods, from books and clothing to electronics and household items. A unique "Góc 0 đồng" (Zero Price Corner) allows users to give away or acquire items for free, further encouraging reuse and community sharing.
Target Audience
OREKA primarily targets environmentally conscious individuals in Vietnam who are looking to buy or sell used goods as a way to save money, declutter their homes, and contribute to a more sustainable lifestyle.
Features
- Mobile application (iOS and Android) and website for convenient access
- Item categorization and search functionality for easy browsing
- Secure payment system with support for online transfers, e-wallets, and cash-on-delivery (COD)
- Integrated shipping with multiple logistics partners, offering nationwide coverage
- "Góc 0 đồng" section for free item exchange
- User accounts with purchase and sales history tracking
- Buyer protection policy with a refund guarantee if items do not match the description
- O2 reward points for successful transactions, redeemable for future purchases