YouPoundit.com a niche e-commerce site for consumer electronics from the Philippines, recently took home the Retail Startup Of The Year at the Rice Bowl Awards held in Kuala Lumpur, Malaysia. The Rice Bowl Startup Awards is the first ASEAN award that celebrates rising startups that harness technology innovatively to propel their business regionally. The awards honor rising startups that:
• Embrace mobility by harnessing technology, especially in web or mobile, in redefining business strategies
• Promise high growth potential and are worthy of a regional shout-out
The awards are named after diet staple among Asians, so is technology for fuelling businesses of the future. A total of 376 nominations were received across outstanding startups in the region. A panel of over 30 judges from the awards community partners evaluated the entries in four broad areas: Business, Traction, Unique Selling Proposition and Investability. YouPoundit.com bested other retail startups in the ASEAN region to win the Retail Startup Of The Year category.