Davao Diaries: October 31, 2024

Edward Palma Gil  •  November 1, 2024

The yufin team talking to the Lots for Less staff inside their warehouse.
1. yufin went live at the fourth branch of the partner wholesaler. The branch admin staff is supportive and keen to give us feedback to improve her teams’ order processing. You can see the glint in her eyes. Four down, another twelve to go.
Er, you wanted to know how we will scale >5X in the next six months?
2. Small business owners are waiting eagerly to get financing for their weekly yuOrders.
3. Note the cash-out fee for the popular consumer wallet is ~3%. yufin will take a shot at this later. Do you pay 3% to withdraw your own money?
4. In time for the festive months, we got support from the partner wholesaler and big brands to have promos and festive prices across the best-selling items. We also got coupons going!
5. Partner wholesaler now recognizes the value add of yuOrder and started allowing physical yufin booths at their branches for yufin to do offline-to-online activations. Early indications are very promising.
6. It is Diwali so took the best home-made chaklis you can find in Singapore from Mrs. Archana Dolawat to the team in Davao. Good chaklis are universally relished.