yoNEED was founded in early 2000, started as a local retail jewelry shop in Hong Kong, specializing in quality gemstones. With product quality and competitive pricing in mind, yoNEED had partnered with experienced manufacturers to produce and supply jewelries directly to us. This allows us to easily manage our product specification as well as offer our customers with direct-from-factory pricing.
Due to popularity and demands, our business has grown rapidly and expanded from local into the global market with orders from international buyers worldwide. In order to reach out to more markets and to provide a wider and easier access of our jewelry collections to our customers around the world, we launched our global online channel in 2004 with an extended range of our Russia Gemstones.
Soon after the launch of our online channel, with our extensive collections of quality gemstones and prompt customer service, yoNEED had achieved an annual sale of 100,000 items and was awarded Platinum Power Seller by eBay in year 2006. We were subsequently accorded with the eBay Preferred Training Certification. yoNEED is one out of the seven organizations in Hong Kong and China to be certified by eBay. In recognition of the increasing requisitions from our buyers and wholesalers, we had also launched our yoNEED Wholesales Program in 2007 and had achieved a sale of 250,000 items per annum.
Today, yoNEED sells more than 500,000 pieces of jewelry annually in more than 150 countries with at least 150,000 online registrations and accounts globally. We sell more than 500,000 pieces of our jewelries every year through our yoNEED.com online business, eBay accounts and Alibaba sales channel. We are also a World Class PayPal verified seller with a track record in handling sales transactions with excellent customer service.