This London firm began as a flash-sales website before chief executive Ray Watson, 35, integrated software that he had created, to form a B2B-only ecommerce platform in 2014. Bizuma’s software enables firms to export goods and purchase from verified and vetted suppliers in more than 50 countries. New additions to its platform, such as a global tendering service for construction projects, helped boost international sales to £24.2m in 2019, 95% of which was generated overseas. It says growth in China, Singapore and South America is driving its current expansion.
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