Multiply Update

Taken from multiply welcome screen, which I visited on Wednesday, June 23rd 2010 (GMT+0800):

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Dear Members,

Over the past few months, the number of people using Multiply as a shopping destination has exploded. Over 10 million of you use Multiply to buy and sell products and services every month. Multiply is now the largest online mall in Southeast Asia, and I want to thank you for browsing and shopping at the Multiply Marketplace™. Starting this year, we will be putting a lot of energy into supporting our growing community of buyers and sellers.

As you know, we started by launching the Multiply Marketplace™ - a directory of the tens of thousands of stores operating on Multiply - which you can visit by clicking "Shop" near the top of any page. Go ahead and browse the categories, visit the Storefronts, and interact with the sellers or other Multiply shoppers to learn more about the products, or your friends' opinions, or other shoppers experiences. It's just like a visit with friends to the Shopping Mall, but faster and more convenient.

Today we're announcing two programs that will help you find the products you want, and the sellers you can trust.. These programs move us closer toward our goal of making Multiply the best, safest and most compelling Social Shopping destination in the world.

Multiply Trust™, our Trusted Seller Program. As you reach a Multiply Store, if you see a badge identifying it as a Verified Seller, a Verified Business, or a Trusted Business, it means they have passed Multiply's verification process, so you can feel confident that they are a legitimate seller and are committed to customer service. Trusted Sellers want to earn your business by making their commitment transparent and verifiable.

Multiply Promote™, a new high-relevance advertising platform that will show you promotions for Multiply Stores, products and services that you're likely to be interested in. It will let Multiply Stores reach buyers in their home countries, as well as those who are actively looking for the types of products and services they offer. It will let you find the best stores and the best prices for the products you want.

Plus, coming soon:

• More payment options.
• The ability to rate/review sellers.
• A better shopping cart - so you can buy online safely and securely.

Of course, we'll continue to offer the best tools for sharing photos, videos and more with friends and family - and now with our commitment to deliver a great shopping experience, we've become the largest and most comprehensive Social Shopping destination. Go ahead, browse around, share your views, find the best prices. Have fun at the Multiply Marketplace™.

If you have questions or thoughts, please feel free to contact our customer service team.

Best regards,

Peter Pezaris
Founder & CEO