BuySell Technologies Co.,Ltd.
Notice Regarding Conclusion of Basic Agreement to Strengthen Overseas Expansion with JUXI (Hangzhou) E-commerce Co., Ltd. (Brand Name: JUXI)
On March 4, 2026, the company concluded a basic agreement with JUXI to expand overseas sales operations. JUXI is a live commerce specialist company with annual sales of approximately 12 billion yen.
Key Figures
- JUXI Annual Sales: Approximately 12 billion yen (China: approximately 10.5 billion yen, USA: approximately 1.5 billion yen)
- Number of Employees: Approximately 300 (including 80 live streamers)
- Establishment Date: 2025-11-10
AI要約
Overview of Business Alliance
BuySell Technologies Co., Ltd. has signed a basic agreement with JUXI (Hangzhou) E-commerce Co., Ltd. (brand name: JUXI) to expand overseas sales operations targeting the Chinese and North American markets. Established in November 2025, JUXI is a live commerce specialist company with annual sales of approximately 12 billion yen (China: approximately 10.5 billion yen, US: approximately 1.5 billion yen), employing about 300 staff including 80 in-house live streamers. The company hosts a Chinese government-certified brand authentication agency on-site, establishing a strict genuine product management system.
Future Outlook and Business Strategy
Through this partnership, the BuySell Group will promote live sales of high value-added products utilizing repair technology in the Chinese market and live sales leveraging TikTok Global in the North American market. Specifically, the company will strengthen repair and live sales of "C and D-grade" items for China and live sales of "S and A-grade" items for North America, aiming for transaction prices approximately two to four times higher than domestic EC prices. A business consignment contract is planned to be signed by mid-May 2026, expected to contribute to revenue and profit growth in the medium term.
