INGDAN.com Officially Launches "IngDan Online Shop"

HONG KONG, Jan. 14, 2016 /PRNewswire/ -- Cogobuy Group ("Cogobuy" or the "Company," stock code: 400.HK), the largest e-commerce platform serving the electronics manufacturing industry in China, is pleased to announce that INGDAN.com -- the Company's intelligent hardware innovation platform -- officially launched its "IngDan Online Shop" on January 1, 2016. The "IngDan Online Shop" is the most significant step in closing the loop for INGDAN.com's intelligent hardware B2B2C model, where products featured on INGDAN.com can reach consumers directly.

Nearly ten thousand intelligent hardware products are featured on INGDAN.com, covering a broad range of applications including parent-child education, healthcare, movie entertainment, and robotics. Previously, INGDAN.com successfully connected upstream suppliers with downstream hardware teams. Now, through the "IngDan Online Shop", INGDAN.com is directly promoting hardware products that match consumer needs. Following this move, in addition to providing supply chain services to innovative start-ups, INGDAN.com will also help solve start-ups' sales hurdles by providing diversified sales channels.

Mr. Jeffrey Kang, CEO of Cogobuy Group, said: "Currently, INGDAN.com is the largest intelligent hardware supply chain platform in the world, providing supply chain services to help start-ups rapidly implement their production and business plans. We have amassed more than 10,800 projects and more than eight million followers. All intelligent hardware products featured in the 'IngDan Online Shop' are from start-ups on INGDAN.com. INGDAN.com is proud to contribute to building a 'sharing economy' for our industry. The 'IngDan Online Shop' enables consumers to purchase the latest intelligent hardware products at the attractive prices, which further supports growth in the hardware sector."

About Cogobuy Group

Cogobuy Group is the largest e-commerce service platform serving the electronics manufacturing industry in China. Through the e-commerce platform, which includes a direct sales platform, an online marketplace, and a dedicated team of technical consultants and professional sales representatives, the Company provides customers with comprehensive online and offline services across pre-sale, sale, and post-sale stages. The Company serves mainly SME electronics manufacturers.

For further information, please refer to the Company's website at http://www.cogobuy.com/

About INGDAN.com

INGDAN.com is a platform dedicated to connecting global intelligent hardware entrepreneurs and China-based supply chain resources. The platform provides information on hardware innovation, supply chain data, and supply chain demand docking for global IoT innovators and entrepreneurs. It is a one-stop hardware innovation business platform with its core being the "supply chain."

For further information, please refer to the Company's website at http://www.ingdan.com/

SOURCE Cogobuy Group

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