This London company began as a flashsales website before chief executive Ray Watson, 36, integrated software he had created to form a B2B-only ecommerce platform in 2014. It runs an online marketplace that allows buyers to source products, while wholesalers can access buyers in new markets and tender for contracts, such as construction, hotel and apartment projects. With more than 100,000 customers using its technology, it generates 95% of its turnover overseas, with key regions including Asia and South America. Sales from its services hit £26.4m this year.
Update: Savvy Deals Ltd, trading as Bizuma, was placed into administration on 18 November, 2019.
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