Shopping.io

What Shopping.io does

Shopping.io operates a direct-to-consumer e-commerce platform that enables customers to purchase products from online retailers using cryptocurrency payments. The platform is built around ShopGPT, a conversational AI assistant that accepts natural language shopping requests (e.g., "I need a camera for vlogging, my budget is $1000") and returns personalized product recommendations based on user-stated preferences and budget constraints. Order processing is supported with real-time tracking, a 30-day return policy, and international shipping to 50+ countries, with international shipping fees starting at $50. Cryptocurrency payments are processed through third-party CoinPayments.net under PCI-DSS compliance, and customers paying with the native $SHOP token receive discounts and free international shipping. A second token, $SPI, is listed on Uniswap as a governance or utility instrument.

The business model is transaction-based: Shopping.io captures a margin on each product sale (spread between wholesale and retail price) and benefits from token-driven engagement through the $SHOP and $SPI ecosystem. The platform is structured as a self-serve website with mobile-responsive design, and the company reaches its crypto-native and international customer base through X, Telegram, Medium, YouTube, Instagram, and Trustpilot. Order limits are capped at $1,000 per item and $5,000 per order, which constrains per-transaction revenue but supports a long-tail consumer model.

Shopping.io is operated by AZ Express Retail LLC, a privately held Florida LLC headquartered at 4281 Express Lane, Sarasota, FL 34249. The company employs 11–50 people, complies with GDPR and CCPA, and does not disclose revenue, funding history, or management team. No institutional venture capital or private equity investment is referenced in the available materials, suggesting a bootstrapped or founder-financed operating profile.

Name

Shopping.io

Legal name

AZ Express Retail LLC

Website

https://shopping.io

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

Shopping.io is an AI-powered e-commerce platform that enables consumers to purchase products from online retailers using cryptocurrency payments. Its ShopGPT assistant matches natural language shopping requests to product recommendations, with shipping available to 50+ countries worldwide.

Ownership category

akta.pro rank

Headquarters

HQ city

Sarasota

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Digital Commerce or Content

Cost components

Supply Chain, Operations, Technology or R&D, Marketing or Sales, Personnel

Revenue model

1. Product Sales Commission: Platform takes a margin on product sales. Customers can pay with cryptocurrency and the platform processes orders with real-time tracking. Revenue generated from the spread between product prices and sale prices.
2. Token Utility ($SHOP): Native token ($SHOP) provides discounts and free international shipping benefits to holders, driving token utility and demand while generating revenue through token transactions.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

Shopping.io operates an AI-powered e-commerce platform (ShopGPT) that lets consumers discover, purchase, and pay for products using cryptocurrency. The platform aggregates merchandise from major online retailers, processes crypto payments through CoinPayments.net, and ships orders to 50+ countries with real-time tracking. Its native $SHOP token provides holders with discounts and free international shipping.

Product overview

Shopping.io is an AI-powered e-commerce platform built around its ShopGPT conversational shopping assistant, which uses natural language processing to understand user needs and deliver personalized product recommendations. The platform enables users to shop from multiple e-commerce stores using cryptocurrency payments (supporting various tokens including the native $SHOP token for discounts) with international shipping to numerous countries worldwide. The core offering consists of ShopGPT as the AI interface, the Shopping.io platform for order fulfillment, and the $SHOP utility token for payment discounts.

Differentiator

Problem solved

Functional benefit

Products and services

• ShopGPT AI Shopping Assistant Conversational AI shopping assistant that interprets natural-language product requests and returns personalized product recommendations to individual consumers.
• Shopping.io E-commerce Platform Direct-to-consumer online storefront where shoppers can browse merchandise, place orders, pay with cryptocurrency, and receive items shipped to 50+ countries with real-time order tracking and a 30-day return policy.
• $SHOP Token Native utility token of Shopping.io offering holders payment discounts and free international shipping benefits when used on the platform.
• $SPI Token Token listed by Shopping.io and tracked on Ethereum-based decentralized exchanges for trading.

Quantifiable outcome

• Orders processed within 24 hours of payment confirmation
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability3 records

Feature1 record

Partnerships

One partnership is on record.

• CoinPayments.netcoreTechnology or IntegrationThird-party payment processor for cryptocurrency transactions. Handles payment processing for crypto transactions. Privacy Policy states CoinPayments.net is used for payment processing, with their Privacy Policy governing their use of personal information.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Newegg: Newegg is a major US electronics retailer that has accepted crypto directly through BitPay. It is comparable as a destination where crypto holders can already spend tokens on merchandise, representing the kind of native merchant-acceptance competition Shopping.io routes around.
• BitPay: BitPay is the largest established crypto payment processor serving thousands of merchants globally. It competes at the same checkout layer as Shopping.io's crypto infrastructure but is a broad incumbent rather than a focused consumer-facing e-commerce platform.
• Coinbase Commerce: Coinbase Commerce enables merchants to accept crypto payments directly. As part of the Coinbase ecosystem, it is a broad incumbent in the same crypto-acceptance category that Shopping.io operates in, although it targets merchants rather than end consumers.
• eBay: eBay is a global e-commerce marketplace that has explored crypto payments and offers an enormous long-tail catalog. It is comparable as the dominant cross-border shopping destination Shopping.io competes with, particularly for international buyers seeking US products.
• Binance Pay: Binance Pay is Binance's crypto payment service enabling peer-to-peer transfers and merchant payments across the Binance user base. It overlaps with Shopping.io on the crypto-spend-for-goods use case but operates at vastly larger scale as part of a global exchange.

Direct peers

• Bitrefill: Bitrefill lets users purchase gift cards, mobile top-ups, and digital services directly with cryptocurrency. It is the closest direct peer to Shopping.io's model of spending crypto on real-world goods, sharing the same target persona of crypto holders seeking to deploy tokens without fiat conversion.
• CoinsBee: CoinsBee is a crypto-to-gift-card and digital goods platform serving a similar niche to Bitrefill and Shopping.io. It overlaps directly on the crypto-spend-on-merchandise use case, although Shopping.io extends further into physical goods and conversational AI discovery.
• CryptoRefills: CryptoRefills enables consumers to spend Bitcoin and other cryptocurrencies on gift cards, mobile refills, and online shopping. It competes with Shopping.io for the same crypto-native persona and similar cross-border digital-goods use cases.
• NOWPayments: NOWPayments is a non-custodial crypto payment processor offering checkout APIs, mass payouts, and fiat conversion. It overlaps with Shopping.io's underlying payment infrastructure (similar in role to CoinPayments.net) and competes for the same merchant integrations.
• CoinGate: CoinGate is a crypto payment gateway that enables merchants and consumers to transact in digital assets. It is comparable to Shopping.io both as a payment infrastructure layer and as an end-user checkout experience for spending crypto on goods.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/shopping_io
• YouTubeyoutube.com/c/Shoppingio
• Instagraminstagram.com/shopping.io_official

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Shopping.io