StreetBy, the Mindanaoan super app based in Cagayan de Oro City just made another milestone as it represented the Philippines at the recent APEC Online-to-Offline (O2O) Forum held yesterday, April 17 in Berjaya Times Square Hotel, Kuala Lumpur, Malaysia.
Entitled “Empowering SMEs to Go Global through Digital Transformation”, the forum was aimed to bolster digital transformation and identify issues of SMEs in the APEC region, create advanced and effective strategies and impart comprehensive methods in developing a digital transformation for SMEs in the region.
Out of the startups in the Philippines, StreetBy was handpicked by the Department of Trade and Industry and QBO Philippines to represent the startup community and the entire country. There were 5 other delegates from other Asian countries who joined a pitching and mentoring session but StreetBy stood out from the rest and won a ticket to represent the Philippines and compete in the 2019 APEC O2O Summit which will be held in Taiwan.
Beaming with pride and startup passion, the StreetBy’s Co-Founder & Chief Strategy Officer Miss Cherryanne Lee Angoy, proudly represented and wowed the audience with her presentation.
“We are the first Filipino-made, total lifestyle app, you can call us a super app or mega app if you want but ultimately our goal is to support the SME sector. A sector that fuels our economy with 5M job creation every year and a 40% GDP contribution. When you support StreetBy, you are not just supporting our company but the millions of Filipinos who rely on the micro, small medium business. I invite all of my fellow Mindanaoan, to download the application and start using StreetBy.” Ms Angoy said during her presentation.
StreetBy is a product of hard work and dedication of 7 founders who stand firm in their goal to be a business solution provider for SMEs. Data shows that 80% of SMEs fail every year and factors include: customer and marketing insights, ineffective promotional strategies and lack of access to innovative technology. StreetBy serves as a tool for SMEs to increase their sales through a wide marketing mileage and access to a mobile application. To build a website and mobile application would cost a fortune for most of the SMEs, hence, StreetBy merchant sign up is for free.
Listed here are the some of the many solutions StreetBy provides to its partner merchants: Multi Channel to Omni Channel for our Food Merchant Partners, Cashless Payment, CRM, Delivery Platform. It serves as a marketplace where consumers can search and transact goods and services to its partner merchants conveniently.
As per DTI, SME sector contributes to the economy providing about 5M jobs every year. The challenge is if we can help reduce the number of SMEs that fail yearly, then that would mean we can boost the employment rate – this is what drove StreetBy to be up in the market despite the growing pains of startup and strong competition in the digital technology.