Sagoon (Company) is incorporated in the United States, India, and Nepal - a social commerce platform, focused on gifts and coupons for socializing.
The platform has over 5.4 million users from 145 countries and 4,000 investors globally. Our users discover and share stories that interest them in texts, photos, and videos and earn FREE Smart Coins to shop in our partners’ stores.
The United States and India have a combined $300 billion gifting and advertising markets. We intend to participate in these markets.
You can invest in Sagoon using your Credit Card, Debit Card, ACH, Wire, Check, Bitcoin, Ethereum
Users spend an average of 1 Hour 44 Minutes a day
The average daily user opens Sagoon 23 times a day
Sign up and select the topics you love and find what stories, photos, and videos your friends are posting.
At Sagoon, people discover and share stories of: everyday life, religion, politics, sports, entertainment, health and fitness, humor and jokes, student life, inspiration, and much more. People can also hide their names while posting stories to avoid judgment from others.
Sagoon is available on iPhone, Android, Desktop and Mobile Web.
The Social Smart Card is a single digital wallet. With the full version release, it will offer users opportunities for shopping in retail stores (online/offline), sending gifts to loved ones and earning cash while they socialize.
With this first version release, our users earn Smart Coins and shop in our partners’ stores or gift coins to someone else.
Over 38.5 Million Smart Coins earned by users to shop gift items
We intend to generate revenues from advertising and the sale of gifts and coupons.
We intend to target the collective $300 billion gifting and advertising markets in the United States and India.
During 2017, the United States generated $41 billion from advertising revenue in the social network space. By contrast, during 2016, $31 billion worth of digital coupons were sold in the U.S. and $14 billion worth were sold in India. By the year 2024, the forecast for the global gifting industry is valued at $698 billion.
Source: CEB, Tower Group, Stastica, EMarketer, Live mint
We are raising funds for user growth, platform scale, technology development and new product feature release.
If we successfully raise $10 million funds, we intend achieving following milestones in the next 20 months.
Major products are in the pipeline for development and release in 2020. These include, but are not limited to, the following:
An offering statement regarding this offering has been filed with the SEC. The SEC has qualified that offering statement, which only means that the company may make sales of the securities described by the offering statement. It does not mean that the SEC has approved, passed upon the merits or passed upon the accuracy or completeness of the information in the offering statement. You may obtain a copy of the offering circular that is part of that offering statement at
https://www.sec.gov/Archives/edgar/data/1639953/000110465920025100/tm2010966d1_253g2.htm
You should read the offering circular before making any investment.
This offering circular may contain forward-looking statements and information relating to, among other things, the company, its business plan and strategy, and its industry. These forward-looking statements are based on the beliefs of, assumptions made by, and information currently available to the company’s management. When used in the offering materials, the words “estimate,” “project,” “believe,” “anticipate,” “intend,” “expect” and similar expressions are intended to identify forward-looking statements, which constitute forward looking statements. These statements reflect management’s current views with respect to future events and are subject to risks and uncertainties that could cause the company’s actual results to differ materially from those contained in the forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. The company does not undertake any obligation to revise or update these forward-looking statements to reflect events or circumstances after such date or to reflect the occurrence of unanticipated events.
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