HONG KONG, CHINA - Media OutReach - 12 August2020 - As unprecedented circumstances have swept the world in 2020 with thecurve-ball that COVID-19 turned out to be, every realm that we operate in hashad to navigate new norms, regulations, and strategies to survive the pandemic.Businesses have especially been hit the hardest all over the world due to themany new restrictions and consumer behaviours they have had to strategizearound.
Yet, astoundingly, the lifestyle segmentof the consumer goods market has seen a rapid spurt in demand worldwide - withmany e-commerce retailers thriving during, and even after COVID-19 times.
Flower Chimp - a leading online giftingretailer has been a remarkable example of this phenomenon amidst the pandemic.Delivering fresh flower arrangements and more all across South East Asia since2016, Flower Chimp set foot in Hong Kong in 2019 - making this year only itssecond year of operations within the country. Despite this, the company saw asteady increase in sales over the past year, but what they may have notanticipated is the spike that they witnessed within a period of just 2 monthsof COVID-19.
The company saw a spike of 121% in demandfrom only March to May, 2020 - which only further grew, even as the pandemicsaw a shift in patterns over the coming months. "Lockdown restrictions such astravel bans have forced people to stay in Hongkong, often away from their lovedones - a situation that induced more frequent gift sending to expresssentiments across long distances", a spokesperson of the company said.
Being one of the many companies that have sustainedand thrived through these trying times, the case of FlowerChimp's results presents the possibility of new, inspiring avenuesin the market for many to turn to and achieve resilience towards during thesetrying times.
About Limitless Technology
Founded in 2016 by German entrepreneursMaximilian Lotz and Niklas Frassa, Limitless Technology is an eCommerce Holdingcompany active across Southeast Asia with flagship brands such as Flower Chimpand CakeRush.
Specially catering to consumers in thegifting and lifestyle e-commerce segment, the group strives to serve thegrowing demand for gift delivery services across South East Asia with highcaliber technologies, services, and teams.