STX B2B Platform "TrollyGo" Surpasses 48 Billion KRW in Cumulative Transactions
Within Four Months Since Its Launch
- Accumulated transactions surpass $36 million within 4 months after launch
- Corporate members from 142 countries globally … diversity in trading items
- STX, transformed into a raw material supply chain platform company
<Cumulative Transaction Amount of Four Months on the Global B2B Digital Platform “TrollyGo” / Source: STX>
TrollyGo, a global B2B (business-to-business) digital platform launched by global general trading company STX at the end of last year, announced on the 8th that they surpassed $36 million (48.2 billion KRW) in cumulative transactions just four months after its launch.
STX presumes that the significant volume of actual transactions soon after its launch reflects the market's demand for a B2B global platform and reliable digital trade that has not been present so far.
There is a wide variety of items to trade, as one would expect from a raw material and industrial goods trading platform. For the past four months, the mobility sector was the most traded on TrollyGo at 41%, followed by non-ferrous metals(27%), steel(17%), petroleum gas(9%), machinery(5%), and agricultural products(2%).
<Transaction Status of the Global B2B Digital Platform “TrollyGo” / Source: STX>
As of the end of March, the company successfully settled in 142 global markets around the world, with Asia(36%), Europe(23%), Africa(23%), Americas(15%), and Oceania(3%). Additionally, it is noteworthy that with positive expectations, the number of users is increasing for overseas transactions through digital platforms in resource-rich and populated countries located in Africa, such as Nigeria.
An STX official states, "The expanding interest of TrollyGo in the global trade market and its successful positioning will be an important foothold to revitalize digital trade transactions and reform as a market leader," they add, "We plan to grow into an unrivaled supply chain platform company by solidifying our position as a global B2B digital platform by continuously attracting global corporate members, upgrading services, and expanding transaction items."
