Packworks Reports 32% Surge in Sari-Sari Store Transactions in 2024

·

Filipino tech startup Packworks recorded a 32% increase in transacting sari-sari stores through its Sari.PH Pro app in 2024, reaching over 175,000 stores from 133,000 the previous year.

Region VI (Western Visayas) led the growth with a 62% rise in active stores, followed by Region IV-A (CALABARZON) at 50% and Region V (Bicol Region) at 47%.

Other notable increases were seen in Region III (Central Luzon) with 26% and Region VII (Central Visayas) with 21%, driven by higher transactions during the “ber” months from September to December.

On average, the country saw a 12% boost in transacting stores, reflecting growing digital adoption among micro-retailers.

Region IV-B (MIMAROPA) faced a significant drop in transactions, falling by 20% in April and 38% in May, coinciding with the impact of Typhoon Aghon.

Packworks highlighted the need for better access to essential services like internet and electricity to support store resilience, particularly in disaster-prone areas.

Founded in 2018, Packworks now connects over 300,000 sari-sari stores across 96% of the country’s provinces, covering 15,000 barangays and nearly 23% of the estimated 1.3 million sari-sari stores nationwide.

The Sari.PH Pro app offers business tools like pricing insights, inventory management, sales tracking, and working capital loans to empower micro-retailers in the Philippines.

About TBC News

Established in 2022, TBC News is one of the Philippines’ leading digital news organizations covering business, technology, luxury, and the influential people and companies shaping the world.

With a growing international readership, TBC News delivers authoritative reporting, exclusive insights, and sharp perspectives on the developments driving industries, markets, and culture forward.

From groundbreaking innovations and major corporate developments to luxury, investment, and emerging trends, TBC News provides a distinctive editorial lens on the stories that matter most to decision-makers, industry leaders, and globally minded readers.

For more information, visit tbc-news.com.

Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Trending

Discover more from TBC News

Subscribe now to keep reading and get access to the full archive.

Continue reading

Discover more from TBC News

Subscribe now to keep reading and get access to the full archive.

Continue reading