Founded in 2017, mobile2go has grown to one of the most prominent smart device retailers in Malaysia, with an annual turnover of over RM 105 million. Multi-award-winning, a Malaysia Book of Records holder and a preferred top seller of Huawei, Honor and Realme, mobile2go offers early access to a wide selection of global brands with same-day-delivery to customers.
Mobile2go’s business model is focused on bulk purchases and quantity discounts of electronics which will be resold in smaller units to retail clients, offering over 1000 SKUs from over 30 brands.
Mobile2Go Sdn. Bhd is based in Cheras and currently has 32 employees. Mobile2Go Sdn. Bhd.‘s target market includes active mobile phone users in Malaysia looking for reasonably priced mobile phones and new phone models with the customer service experience of a trusted brand.
RM 350,000.00 for 6 months.
14.88 % interest (nominal, p.a.)
Distribution of mobiles phones, tablets, smartwatches and accessories
Taman Maluri, SS2, The Mines, C180, Ipoh, Penang
Number of outlets
Number of directors
Year of incorporation
Number of employees
Important risk information:
The risk score of CAA3 (‘High risk’) was determined by a blend of our internal risk-based pricing algorithm, an external risk score from a leading credit rating agency and a variety of qualitative factors. It is an approximation only and does not guarantee any specific outcome. Our risk score ranges from A(‘lower risk’), B(‘medium risk’), C(‘medium-high risk’) to D(‘high risk’).
Risk score of CAA3 (‘higher risk’) indicates that this investment amount has an elevated-high level of risk. Mobile2Go Sdn. Bhd’s business is marked by thin margins and fluctuating revenues and income. In 2020-2021, Mobile2Go Sdn. Bhd had a revenue of approximately RM 105,000,000.00 and an after-tax profit of approximately RM50,000.00.
Alixco Disclaimer about Mobile2Go:
Mobile2Go has raised 211 financing rounds (212 including this round) with Alixco. Currently 24 other P2P financing campaigns are actively ongoing apart from this financing round on Alixco P2P Financing, amounting to approx. RM 6-7 million. Mobile2Go may also have other P2P financing campaigns ongoing. Until now Mobile2Go have repaid all instalments on time. Please also note that mobile2go has other P2P financings with other P2P operators, amounting to RM2 million-RM3 million.
Please be aware that this is a refinancing note.
The high outstanding financing amount significantly increases the risk of these P2P financings and the risk of loss of the invested capital.
Alixco charges 1% (for 6 months investment notes) for investors on total repayments only if and when repayment occurs.