GEMFIVE might have quietly ceased its operation

GEMFIVE might have quietly ceased its operation

GEMFIVE is the local e-commerce website owned by Hong Leong Group. After heavy marketing investments, GEMFIVE was one of the fifth most visited online shopping site in Malaysia. However, GEMFIVE has cut down its headcounts by close to 80% during March 2017, retaining only its core employees.

Yesterday, Lowyat.net reported that GEMFIVE might have quietly ceased its operation. They said this is mainly based on the disappearances of its online assets including the main e-commerce website itself. All GEMFIVE social media page on Instagram, Facebook, and Twitter have been deleted.

GRexer Lee shared some screenshot showing GEMFIVE’s maintenance notice has been placed on the site for quite some time.

GEMFIVE’s customer service line is still working. They have contacted HLG to find out the operational status of GEMFIVE but there is no reply at the moment.

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