“Visual. Social. Local solution to selling items in your area”

Mungo aims to take the excitement of dating app mixed with the connectivity of social media to create a new marketplace for college students. Our initial focus will be on US and Hong Kong Universities and we will require an .edu email address to register. Our initial target items will be textbooks and old furniture. At the end of the semester, students are trying to get rid of their books and cheaply purchase books for the upcoming semester. At the end of the year, many US students also change residences and have extra furniture they are trying to get rid of. Normally, a lot of these items are thrown out but we can to create a new marketplace for them.  

We believe we are uniquely qualified to address this issue because we are all college students. It is a problem our friends and ourselves are confronted with frequently and one we are trying to fix. Currently, many people rely on Facebook groups to sell their old items; however, your listing can quickly get buried and there is no search function within these groups. Another advantage of our team’s composition is we are all from different schools. This will allow us to scale up quickly and develop an adaptive product that serves a diverse market. Additionally, some of our team will be returning to the US next semester while others will continue studying here in Hong Kong. This will allow us to target both markets simultaneously. Currently the biggest problem facing similar products is they are designed for one school or web based. Our app would put our marketplace in the palm of our user’s hands. Finally, we aim to open the program up to the general public within three months of launching.