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The New Wavee.com Launches with More Products, Guaranteed Savings


News provided by

Wavee

Jul 19, 2010, 09:00 ET

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ATLANTA, July 19 /PRNewswire/ -- Wavee, the next generation online shopping platform, today announced the launch of its revamped site, designed to further enhance the user's experience through increased product variety and guaranteed lowest prices on the Internet. Wavee is the next evolution of e-retail and online auction business models as it combines the opportunity to win products at up to 90 percent savings and the ability to purchase an item at a price below other e-commerce sites. From the cost-conscious shopper to the risk-oriented auction bidder, Wavee users have the best chance for scoring the greatest deals on the hottest products offered anywhere on the Internet – guaranteed.

"In starting Wavee, our primary mission has always been to create the best online consumer retail experience possible," said Jacky Lai, founder and CEO of Wavee. "We know that consumers want two main things out of their online retail partner – product variety and great deals. The innovative Wavee.com launched today as the only e-retail and auction site that truly combines the satisfaction of a great buy and the thrill of a good bid."

Wavee.com incorporates a patent-pending online auction technology with a "lowest price anywhere" guarantee, ensuring that all consumers have an opportunity to earn amazing discounts on the most popular products online even if you don't win.

First, users have the opportunity to find exactly what they are looking for among thousands of products using Wavee's advanced search system. Users can choose to 'Buy Now' the item at the lowest price online, or participate in a fast-paced auction with users saving 70-90 percent off retail price. The only cost to participate in the auction is a small fee, and any money spent bidding on the item can be applied towards purchasing it at a price guaranteed to be lower than any other traditional e-commerce site.  In addition, Wavee users earn Wavee Bonus (Free) Credits that can be applied as additional discounts against Wavee's lowest online price.  Even the worst deal on Wavee is the best deal anywhere else!

"Our goal is to help the online consumer save the most money on everyday products, and have as much fun as possible along the way. By passing along these savings to the user, we hope to build trust and loyalty among consumers and encourage them to make Wavee.com their first stop for online shopping," said Lai.

About Wavee

Wavee is a fun, fast-paced and consumer-focused online shopping experience. Founded by online entrepreneurs Jacky Lai, Terence Poon, Paul Tsyrlin and David Chan in November 2009, Wavee combines the fun and excitement of the live auction with the deep discounts associated with online shopping. Wavee is a member of the Georgia Tech Enterprise Innovation Institute in Atlanta and was named one of the Top 10 Most Innovative Companies by the Technology Association of Georgia.

Wavee is headquartered in Atlanta and more information is available at wavee.com.

SOURCE Wavee

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