BuildMart PH Technologies, Inc., a B2B e-commerce platform that connects manufacturers with hardware stores, has invested in Hubware Corporation’s online marketplace for builders and hardware stores, launching “BuildHub.ph,” a centralized system for the construction industry.
The investment was officially announced on April 4, 2024, at the Atrium, Enderun Colleges, McKinley, Taguig, celebrated under the banner “Building the Future Together.”
Duane Young, COO of BuildHub.ph, introduced notable guests and speakers at the launch, including representatives from Robinson’s Land, DOST-PCIEERD, Philippine Paint + Coatings Association, Global Port Terminals, Chamber of Real Estate, and the Department of Human Settlements and Urban Development.
BuildHub.ph is an online marketplace that aims to enhance the visibility of construction sellers, bolster their online presence and customer reach, and benefit from Buildmart’s 18 fulfillment centers nationwide, 33 renowned brand partners, and 150 partner hardware stores.
The platform will introduce BuildCredit, a financing facility with competitive interest rates of 1%- 3%, and BuildmartShipping, a logistics and warehousing network that facilitates the timely delivery of over 400 monthly shipments. The network is facilitated by a fleet of 10 trucks and a ship with a 22,000-bag capacity.
BuildHub.ph’s launch addresses construction industry challenges like manual transactions, limited payment options, and extended delivery times.
“With a combined 67 years in construction, our team adeptly identifies industry pain points, devises effective solutions, and fosters sustainable partnerships with hardware sellers, construction brands, and contractors across the Philippines. Together, we strive to shape the future of inclusive business and community development,” said Andre Bernardo, co-CEO of BuildHub.ph.
Moving forward, BuildHub.ph aims to increase its user base tenfold by 2024 and achieve a gross merchandise value of Php1 billion by 2025. Moreover, it plans to expand its partnerships across the nation. As part of its contribution to the industry’s future, the platform will lead the Philippine Construction Trade Show (PhilCon) in Visayas in June and Mindanao in September 2024.
Leave a comment