Banggood Kicks off Black Friday Promotion with Installment Payments Solution Launched in US

GUANGZHOU,China,Nov. 16,2020 --Banggood,a leading cross-border e-commerce retailer,has announced the start of its Black Friday promotion today,which will continue until the end of November. To ensure a fast and seamless shopping experience,Banggood has also inked a new partnership with the online payment solutions provider Klarna to launch installment paymentsin the US,UK and Germany.

With millions of coupons and products at up to 80% off,Banggood is introducing several new exciting features to make shopping even more fun; this includes Banggood Official Recommendations,the pre-sale activity Price Storm,and Banggood Live,which will bring together celebrities from across more than a dozen countries to celebrate Black Friday with shoppers in real-time. Its self-operated logistics division Banggood Express has also increased key routes in major markets to enhance logistics support.

"With our many new innovative features,we are providing users with greater flexibility in shopping,so that they can plan ahead without any stress,while also enjoying live entertainment and games as they browse and purchase," said Qin Peng,Banggood Chief User Experience Officer.

For Black Friday this year,Banggood will hold three major phases of promotion:

Phase 1:11/12 4PM – 11/24 3:59PM

During this period,Banggood Official Recommendations will send product suggestions to users,highlighting the wide range of choices and helping them plan their shopping in advance.

Price Storm will launch at 4PM on November 18,allowing shoppers to order pre-sale items at the year's lowest price by placing a deposit of either $1 or $3. During the final payment period from 4PM on November 26 (UTC+8) to 4PM on November 29 (UTC+8),the "My Reserved" tab on the Banggood website will remind users to finalize their payments in order to complete the transaction.

Phase 2:11/24 4PM – 11/26 3:59PM

Member benefits are activated! Banggood VIP Club members have the opportunity of advance purchase on November 24,while limited member offers and delivery coupons are up for grabs and can be applied at check-out,creating unbeatable value. Find more information on member benefits at Banggood's VIP Club.

Phase 3:11/26 4PM – 11/29 3:59PM

In this last phase,users can seize products at their best price for a limited window of 72 hours only,with millions of items at up to 80% off! In addition to competitive prices,shoppers can also snap up select items at just $0.01,with additional discounts for the first batch of shoppers. Millions of coupons will also be released,and users can win up to $999 in coupons,which can be applied during check-out. During this time,shoppers can also take advantage of interest-free installment payments using Klarna.

To meet the strong consumer demand in the European and American markets during the Black Friday shopping holiday,Banggood has been continuously expanding the logistics network of Banggood Express,which launched in mid-2020. It has significantly optimized its operations and cut down on delivery time,achieving delivery to countries across Europe in just six days and deliveries to the US in eight.

About Banggood

Founded in 2006,Banggood is a world-leading direct-to-consumer online retaileroffering66millions of registered users more than 1,000,000 types of products,covering everything from consumer electronics to clothing. For more information,please visit: https://www.banggood.com/aboutBanggood.html.

Media Contact

Zoeh Zheng

Phone: +86-134-5028-6595

Email: pr@Banggood.com

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