Need
Stage
Series A | AliveAbout Need
Operator of a business-to-customer (B2C) e-commerce platform. The company offers a mobile application for users to discover and purchase beauty products , snacks, and creative products online. Currently all the products are from overseas.
Latest Need News
Feb 11, 2022
Rising Use of e-Commerce Platforms for Online Shopping Propel the Need for Enhanced Solution in Smart Warehouse System Market The solutions in the global smart warehouse system market are warehousing technologies that aid the businesses in efficiently managing and optimizing their day to day warehouse operations. These solutions offer great value to the end users by providing them with analysis pertaining to optimum utilization of various resources, diminishing costs associated with storage as well as management, and reduce the errors with very low amount of human intervention required. These solutions offered by the service providers, developers, and players in the global smart warehouse system market offer secure, easily trackable, free delivery, fast, and cost effective solutions for management and operations of industrial warehouses. The rising usage of these solutions by several major and leading e-commerce and fulfilment companies, such as Amazon, Alibaba, Zappos, and Ocado is anticipated to thrust the demand in the global smart warehouse system market in near future. Furthermore, the expansion of various industries, including manufacturing, fast moving consumer goods or FCMG, and retail, are propelling the demand within the global smart warehouse system market. Additionally, the increasing need to enhance the customer experience and offer better customer satisfaction is also leading the players in various consumer based industries to opt for solutions offered by the players in the global smart warehouse system market. The fast paced adoption as well as customer preference for e-commerce platforms and e-commerce retail companies is also paving the way for the expansion of the global smart warehouse system market in near future. Additionally, the increasing need to optimize employee performance as we’ll as to reduce human labor altogether, are two of the key trends supporting the development within the global smart warehouse system market. With majority of product based industries focused on increasing the manufacturing and production capabilities of their existing plants as well as building new ones, the supply and volume of consumer goods is constantly rising. This trend is resulting in the need for enhanced warehouse management capabilities. This trend is most likely to provide players in the global smart warehouse system market with various new avenues for expansion and growth.
Need Frequently Asked Questions (FAQ)
Where is Need's headquarters?
Need's headquarters is located at Suite 2308, Block B, Tower 3, Beijing.
What is Need's latest funding round?
Need's latest funding round is Series A.
Who are the investors of Need?
Investors of Need include Bertelsmann Asia Investments, Matrix Partners and China Renaissance K2 Ventures.
Who are Need's competitors?
Competitors of Need include Chicnutrix and 4 more.
Compare Need to Competitors
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Innovist operates as an e-commerce marketplace focusing on beauty and personal care. It offers body lotion, sunscreen, acne-control body wash, acne-control face serum, brightening face serum, and more. Innovist was formerly known as Onesto Labs. It was founded in 2018 and is based in Gurugram, India.

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