Sunday Times (Sri Lanka)

Welenda.com, new marketplac­e for local businesses to reach internatio­nal market

-

Welenda.com, a ground-breaking online business venture allowing Sri Lankan businesses and industries to break barriers and reach the internatio­nal market, was launched in the US recently.

The online retail service which opens up a new avenue for Sri Lankan businesses and industries underscore­s the message that Sri Lanka is ready to make its presence felt in the internatio­nal market. It can also be described as the Sri Lankan version of Aliexpress, an online retail platform owned by Chinese firm Alibaba that is fast gaining popularity in key markets across the world, the company said in a media release.

The founder of the platform is Chamli Tennakoon, a Sri Lankan living in the US, who has wide- ranging experience in the fields of digital strategy and digital marketing.

"It is true that online shopping is gaining momentum in the Sri Lankan market. But we saw a vacuum in the online shopping landscape in Sri Lanka as it did not offer a window of opportunit­y for local businesses to enter the internatio­nal marke t . That ’ s wh e re we , Welenda. com, come into play," Mr. Tennakoon said.

He said Sri Lanka has a lot to offer to the internatio­nal market. At the same time, Sri Lanka is ready to conquer the global market, despite its size. Some Sri Lankan brands have already transcende­d our boundaries and become key global brands and the company wants to expand the horizons for Sri Lankan businesses.

Welenda. com, Mr. Tennakoon says, guarantees the most reasonable prices for the products on offer.

"Welenda backend AI can find the value range of any product that we list on the website, but still if a customer finds the same product at a lower price within 24 hours of purchasing, we'll refund the customer 100 per cent of the difference," he added.

"That's what differenti­ates us from other e-commerce platforms. There are no hidden costs. That way we have ensured maximum benefits for those shopping on our platform," he added.

Welenda. com became functional from June 30 with Mr. Tennakoon saying he already has plans to further expand its services during the phase II developmen­t stage.

Welenda backend AI can find the value range of any product that we list on the website, but still if a customer finds the same product at a lower price within 24 hours of purchasing, we'll refund the customer 100 per cent of the difference," he added.

 ??  ?? Chamli Tennakoon
Chamli Tennakoon

Newspapers in English

Newspapers from Sri Lanka