Voonik hopes for a turnaround this year

Voonik is looking to turn profitable by 2017. The fashion e-commerce portal, which offers a personalised selection of apparel for customers, is cutting costs, improving efficiency and engaging customers to return to shop on the platform. It has focused on improving user experience and delivery to customers. At the same time, it also has expanded the number of sellers on its platform to offer more choices to young customers who look at everyday fashion. The aim is to grow from 65 to 70 million shoppers currently to 100 million in the next 12 months.