Hubware Corp., a leading online marketplace for builders, hardware stores and construction suppliers, launched “BuildHub.ph,” an online platform serving as a centralized system for the construction industry following the investment made by BuildMart PH Technologies Inc.
BuildMart PH is a B2B e-commerce platform that connects manufacturers with hardware stores.
Hubware announced the investment on April 4, 2024 at the Atrium, Enderun Colleges, McKinley, Taguig City in a ceremony celebrated under the banner “Building the Future Together.”
The strategic investment enables Hubware to initiate the development of a holistic digital construction ecosystem in the Philippines, spearheaded by its key platform, BuildHub.ph.
It aims to streamline and enhance the visibility of construction sellers, especially hardware stores and brands, thereby bolstering their online presence and customer reach.
It will also benefit from Buildmart’s 18 fulfillment centers nationwide, 33 renowned brand partners such as Republic Cement, TKL Steel, Union, Saint Gobain and Vicem and 150 partner hardware stores.
BuildHub.ph will introduce several groundbreaking products including BuildCredit, a dedicated financing facility offering Builders and Hubware stores with competitive interest rates between 1 percent to 3 percent for terms of 30-60 days.
The initiative is designed to support the growth of hardware stores and builders. The marketplace will also benefit from BuildmartShipping, a proprietary logistics and warehousing network ensuring the timely delivery of over 400 shipments monthly, facilitated by a fleet of 10 trucks and its owned ship, “MV Buildmart 1,” which has a capacity of 22,000 bags.
The launch of BuildHub.ph marks a pivotal advancement in addressing construction industry challenges, such as manual transactions, limited payment options, and extended delivery times.
BuildHub.ph co-chief executive Andre Bernardo noted the importance of industry experience and strategic partnerships in innovating the construction sector.
“With a combined 67 years in construction, our team adeptly identifies industry pain points, devises effective solutions, and fosters sustainable partnerships with hardware sellers, construction brands, and contractors across the Philippines. Together, we strive to shape the future of inclusive business and community development,” he said.
