major drop pitch deck 2016

MAJOR PROBLEM

SCARCITYUnavailability of goods people wanted

DISCOVERYIt was all over the place

COSTExpensive shipping fees into SEA

MAJOR SOLUTION

BRIDGING GAPSBringing exciting brands into South

East Asia

FIND IT ALL HERECreate a space where brands and

customers meet

DELIVER VALUEDeliver value & affordability while

remaining profitable

MAJOR MISSION

S.E.A’s LEADING ONLINE STREET-LIFESTYLE STORE

Established June 2014

Revenue FY16 MYR1.4M

Online Orders FY16 23% of total sales (1,606 orders)

CAGR 11% Q-O-Q

Brands 68 Brands (as of Oct’16)

Products 3,600+

Objective Raise RM1,000,000

Major Drop Retail

Major Drop Online

Male: 75%Female: 25%

Age: 16 - 35

Digitally-Savvy : - Social Media driven - Heavy mobile use - Online shopping

Value & Brand Driven: Knows the brand, appreciates quality and value for money goods.

Social Currency: - Fashion forward- Wants to be seen both online and offline

South East AsiaThe new frontier

627.7 million

Total Population

252.4 million

Active Internet Users

Mobile Connectivity

776.3 million

RM60 - RM120

RM360

RM70RM150

RM180

Head to toe3,500+ Curated, Fresh & Accessible Products

Competitor landscape We’re not alone; but we’re well positioned

SEA

Brick & Mortar

West

Omni-channelOnline

OnlineBrick & Mortar

Consignment DropshipWholesale55% 40% 5%

Shared inventory across channels

Multiple payment channels

Multiple fulfilment options

Shared loyalty program

68 brands3,600+ products

Launched Major DropSunway Pyramid

June, 2014

Launched Majordrop.com

October, 2014

Online sales make up 23% of total

salesJune, 2016

Total online orders 583;

June, 2015

Online sales: 8% of total sales

June, 2015

Total online orders 1606; up 175%

June, 2016

Database 2015 10K; 5K

Database 2016 14K; 12.8K

RM1.1MFY2015

16.5k3.1k

Launched Snapchat March 2016

Launched Loyalty ProgramNov, 2015

2016*RM1.4M2015

RM1.1M

2017*RM2.9MSales

CAGR11%

Q4 2016Raising

RM1.0M

Online

Offline

Total Sales

Online CAGR

40%

Raising RM1,000,000

Technical ContentMarketing 40% 30% 10% Distribution20%

● Tech team expansion

● Website & Mobile improvements

● Warehouse Management Systems (WMS) upgrade

● Photographer/ videographer

● Collaborations

● SEM: Facebook, GDN, GSN

● Road shows & Events

● Collaborations

● MD home brand

● New MD counters

● New brand acquisition

Exit StrategyProven exits in this segment

● HYPEBEAST IPO’s on the HKGEM Index @ $31M valuation

● Karmaloop, turned over $130M in 2014; sold to Shiek Shoes in 2016

● Migme acquires Shopdeca Indonesia

Potential International Acquirers Potential Regional Acquirers

Board of Advisors & Investors

Asgari Stephens

● Managing Partner - Intelligent Capital Sdn Bhd and Trans-Econ Ventures

● 25 years of experience in both public and private equity investing in Malaysia

● Bachelor of Commerce (hons) - Melbourne University

● MBA - Cranfield University (UK)

Datuk Kamaruddin Taib

● Vast experience of serving on the Board of Companies Listed on Bursa Malaysia, Board of Companies listed on the Stock Exchange of India and Nasdaq (U.S.A.)

● Executive Chairman of Germanischer Lloyd GLM Sdn. Bhd.

● Director - Iris Corporation Bhd, Alkhair International Islamic Bank Berhad Group, Great Eastern Life Assurance (Malaysia) Berhad Group

● Bachelor of Science (Mathematics)

David Chang

● Head of Marketing & Expansion at Althea

● Over 10 years of experience with scaling e-commerce businesses in China and SEA

● VP E-Commerce + Strategic Planning - Genting

● COO - Living Social● Regional Manager - Groupon● MBA, Bachelor of Finance &

Marketing (Minnesota)

Organisation Chart

Co-Founders/ Board of Directors

Mark Koh(Finance)

Hugh Koh(Creative)

Eddie Samad(Operations)

Lim Fei XiangCEO

FinanceMarketing &

BrandingOperationsE-CommerceRetail

- St. George Bank

- Westpac Bank

Australia

- BCom (Finance) -

USYD

- GDipFinPlan, CFP

- Founded Pestle &

Mortar Clothing

- BA Architecture &

Design

- Supply chain mgmt

- BRDB

- BA(HONS)

Information Systems

- Digital marketing &

advertising

- Previously Head of

Sales at Pencil Produce

- Double Degree

(Marketing * Comm) -

Monash University

More than just brands, it’s about people over product.