It is an online store builder, combined with a social marketplace.

At present, there are 90,000 merchants available[1] that list a variety of products at Storenvy.

When merchants open a store on Storenvy, their products are also featured on the Storenvy marketplace, combining the aspects of a store builder and a marketplace.

This revenue directly funnels the marketing services the company provides to drive additional traffic to store owners.

It was purchased in 2016 by The Opensky Project [1], and was later sold with other business assets to MoreCommerce Inc., an Alibaba Group subsidiary.