91APP, a Taipei-based startup that wants to make it easy for small merchants to launch e-commerce apps, has raised $9 million in series A funding, led by AppWorks with participation by CID Group, NineYi Capital, Hung-tze Jan (founder of PChome, one of Taiwan’s leading e-commerce marketplaces), and Senao chairman Paul Lin.
The company, which claims 1,000 brands currently use its platform, builds mobile commerce iOS and Android apps for its clients, who can then manage inventory and other content through 91APP’s website. The company monetizes by charging a set-up fee of about a few hundred U.S. dollars as well as taking a 2.5 percent to 5 percent cut of transactions performed through the apps.
91APP claims that it only takes a few hours for merchants to set up apps on its platform, making it easier and less expensive than developing them in-house.
In an interview with TechCrunch last year…
View original post 152 more words