Raw Material Platform TrollyGo News
STX TrollyGo Opens New Horizons in B2B Trade Transactions
The global B2B e-commerce platform "TrollyGo" is revolutionizing global trade by enabling easy and fast trading of raw materials and industrial goods from anywhere in the world through mobile. TrollyGo has opened new horizons in global trade by providing an environment that allows for these activities.
Launched in November of 2023, TrollyGo is the world's first B2B digital trade platform, created by the global trading company STX, which has approximately 48 years of trading experience and expertise. The platform, developed for the past five years, has been praised for transforming face-to-face trade into an innovative online trade, breaking down information and network asymmetries.
Unlike other similar platforms that merely act as intermediaries or offer only a marketplace, TrollyGo is operated directly by STX, a company with a long-standing reputation and trust in global trade. This allows for reliable financial transactions between countries and companies, building on the credibility of STX.
TrollyGo offers three distinct trading methods: 1) Market - where registered items can be easily purchased; 2) RFQ (Request for Quotation) - where companies can request STX to purchase or sell on their behalf if they do not want to disclose information or if the desired items are not available in the Market; and 3) Bidding - which enables effective bulk inventory sales through global auctions.
Signing up on TrollyGo is simple, especially for corporate members. Simply entering the company name and business registration number, the company's information will be retrieved. Additionally, during transactions, it is possible to verify the basic information of the counterparty company.
An STX official explains, "TrollyGo is a 'bi-directional commerce platform' that encompasses the market's demand for a digital platform for B2B companies, from the purchase of raw materials to the production and sale of products. It includes raw materials, industrial goods, defense products, and service contracts."
[Reporter Ryu Young-sang]
