PETALING JAYA, Malaysia, June 05, 2021 (GLOBE NEWSWIRE) — Toga Limited’s (OTC:TOGL) social media mobile app, Yippi, launches “Yipps Wanted” program, an end-to-end e-commerce platform solution, aimed at assisting small medium businesses (SMBs) and enterprises (SMEs) in Malaysia to increase the number of customers and drive traffic to their physical and or online stores. The “Yipps Wanted” program is available in a mini program on the Yippi platform, and a merchant mobile application.
As a mini program, “Yipps Wanted” offers customers and merchants chances to win prizes when they spend Yipps – the virtual reward points that can be redeemed in transactions conducted through the Yippi app. Merchants can also offer instant rewards to walk-in customers who spend in their stores simply by scanning their Yippi QR code via the mini program. Currently there are more than 15,000 establishments where Yipps can be used.
Yippi provides merchants with promotional activities such as Yippi online campaigns, mini videos, and live stream events. Merchants themselves can manage such activities through the Yipps Wanted Merchant mobile application that allows them and their business administrators to control and manage their customers’ orders and Yipps redemption.
In addition to auto-generating Yipps’ rebates for customers, merchants can look forward to a soon-to-be-released feature, which enables them to promote their Yipps Wanted store, and increase engagement with their customers on a highly personalized level. The Advertisement Booking feature will enable merchants to book and manage the appropriate advertising media channel and advertisement slots.
“We target that by end December 2021, 30,000 local merchants in Malaysia will participate in this program and leverage on Yippi’s huge base of users. It is a win-win business opportunity for the participating merchants because they can use “Yipps Wanted” program to enhance customer loyalty, improve brand awareness and image, as well as increase sales productivity,” said TOGA Limited Co-Founder and TOGL Technology General Manager, Mr. Roy Lim Jun Hao.
For more information on Yipps Wanted Program, kindly visit https://yippiweb.com/yipps-wanted/
Contact:
Alexander D. Henderson
TOGA LIMITED, 515 S. Flower Street, 18th Floor, Los Angeles, CA 90071
(949) 333-1603
info@togalimited.com
Certain statements in this press release are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Any statements contained herein that are not statements of historical fact (including, but not limited to, statements to the effect that Toga Limited or its management (the “Company”) “anticipates,” “plans,” “estimates,” “expects,” or “believes,” or the negative of these terms and other similar expressions) should be considered forward-looking statements, including, without limitation, statements regarding the Company’s guidance, outlook, growth, opportunities and long-term strategy. These statements involve certain risks and uncertainties that may cause actual results to differ materially from expectations as of the date of this release. These risks and uncertainties include, without limitation, risks associated with the impact of the COVID-19 pandemic; the Company’s ability to execute on its long-term strategy; the Company’s ability to successfully compete in its intensely competitive industry; the Company’s ability to manage its growth; the Company’s ability to maintain or improve its operating margins; the Company’s ability to identify and react to trends in consumer preferences; product supply disruptions; general economic conditions; accounting standard changes; and other factors as set forth from time to time in the Company’s Securities and Exchange Commission filings, including, without limitation, the Company’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. The Company intends these forward-looking statements to speak only as of the time of this Press Release and does not undertake to update or revise them as more information becomes available, except as required by law.
