DALLAS, March 21, 2024 (GLOBE NEWSWIRE) -- Asset Entities Inc. ("Asset Entities" or "the Company") (NASDAQ: ASST), a provider of digital marketing and content delivery services across Discord and other social media platforms, is pleased to announce that it has entered into an agreement with Zendrop, an industry leader in dropshipping and ecommerce.
Asset Entities will be providing its services and solutions to Zendrop, through Ternary, a SaaS platform for payment processing and Stripe Verified Partner for Discord communities. These services will include a suite of customer relationship management (CRM) solutions, Discord customer analytics, and payment processing.
"We are excited about our new partnership with Zendrop and this incredible opportunity. Zendrop is at the forefront of dropshipping and e-commerce. We believe that the synergies that exist between our two companies are a game-changer," says Asset Entities' Chief Executive Officer, Arshia Sarkhani.
Dropshipping is an order fulfillment option that allows e-commerce businesses to outsource the procuring, storing, and shipping of products to a third party worldwide. This option commonly appeals to entrepreneurs seeking efficiency and low overhead. According to Zendrop, it focuses on making dropshipping as easy as possible for beginners by permitting users to quickly access automation services, a product catalog with over 1 million items, brand development assistance, and real-time analytics. According to Grand View Research, the global dropshipping market was valued at USD $225.99 billion in 2022 and is expected to register a compound annual growth rate (CAGR) of 23.4% from 2023 to 2030.1