2023 Annual Report

Posted by Carlos Sun on

Since the launch of Hyselec Shop in Cebu in August 2021, we have now entered our third year of operation. Beginning with just nine items, our growth has been continuous, expanding more categories with over 150 products endorsed by reputable brands such as Jisulife, Baseus, WeKome, Yoobao, Showsee, and Dasolar.

Here are some significant milestones in 2023:

  1. In January, we launched a TikTok shop, the third online platform, which has been experiencing amazing growth.

  2. By March, we established our second warehouse in Bulacan, ensuring faster delivery and cheaper shipping fee for our customers in Luzon.

  3. After a warm welcome from local shoppers for six months, we regretfully discontinued our lease with Parkmall by the end of March.

  4. We set up a kiosk in Gaisano Grand Minglanilla Mall; however, after half a year, we regrettably closed it due to the position and performance.

  5. In May 2023, we opened a new kiosk in Gaisano Mactan Island Mall, which is greatly welcome by local shoppers.

  6. In Dec 2023, we joined the local bazzar hold by Metropolis communnity and were greatly welcome by the local dwellers.⬇

In terms of sales, over the past year, we successfully served over 15K buyers, selling 17,707 units across a diverse range of 150 products through both online and offline channels. 

The top 5 Best Sellers in 2023 were as follows:

▲JISULIFE Mini Turbo Handheld Fan: 2,315 units.


▲JISULIFE 3-in-1 Mini Foldable Fan: 2,142 units.


▲JISULIFE Bladeless Neck Fan: 653 units


Top4: JISULIFE Remote Control Ceiling Fan: 498 units

Top5: BASEUS Ingenuity Series Mini OTG Adapter: 370 units.

Looking ahead to the upcoming year, we remain committed to our initial promise of providing high-quality yet affordable products for our valued clients. Thank you for being a part of our journey.


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