GUHADA expands its business into B2B distribution.
GUHADA, TEMCO’s blockchain based cross border luxury marketplace, will start a B2B business based on the European luxury network and technology that can update 300,000 luxury items weekly with the over 50 direct contracted boutiques.
Based on GUHADA’s buying power with European boutiques, GUHADA plans to provide a one-stop service from communication with European boutique, customs clearance to inspection, packaging and delivery to final customers.
In the existing B2B luxury market, there was an issue of counterfeit products because the source of the product was unclear using a closed and old analog distribution channel.
However, GUHADA distribute the genuine products that have been verified in partnership with the top-tier retailer (1st vendor) boutiques that have the rights to sell European luxury brands.
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TEMCO Team