Fashyq
 | This article is part of Project Basis. |
| File:Fashyq logo.png | |
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Native name | Ⱇⰰⱋⰺⱒ |
|---|---|
| Type | Crown corporation |
| Industry | E-commerce |
Area served | Worldwide |
| Services | Online shopping |
| Revenue | $56.13 billion (2440) |
| $13.99 billion (2440) | |
Number of employees | 24,416 (2440) |
Fashyq (Qymish: Ⱇⰰⱋⰺⱒ) is a Qymish e-commerce crown corporation headquartered in Zhol. It provides consumer-to-consumer, business-to-consumer, and business-to-business sales services. It was established in 2417 as a way to compete with growing global e-commerce platforms and boost Qym's domestic market by giving Qymish people a way to more easily buy locally on a trustworthy platform, designed in partnership with Ryzum.
Business model
International expansion
Following its success within the country, the government of Qym decided to expand the platform to foreigners, translating it to several languages and personalizing its content to various locales.
There is a Fashyq mobile app for OS1, OS2 and OS3.
Criticism
Effects on small businesses
Due to its size and economies of scale, Fashyq has reportedly undercut many small local shopkeepers and even car dealerships. When this was pointed out to King Bacha XVIII during a TV interview in 2420, Bacha retorted that "if we can eliminate a layer or two of unnecessary and scattered resellers, consumers will pay less, and there are further advantages in terms of logistics for suppliers as well," adding that "Fashyq provides access to information that companies and consumers would otherwise not have, allowing for further competitivity and protections."
Censorship and removal of products
The government of Qym has been accused of removing Qymish Republican Front products from Fashyq and to censor political content at large.
User privacy
Qymish users can only use the platform by using their national identification number and proving their identity by entering detailed personal information. In practice, it is no different than information provided to other e-commerce companies, with the main difference being addition of their ID number. All Qymish users are thus verified, including companies. The Crown defends this system by claiming it protects consumers and companies from fraud and other illegal activities like fake reviews, making it easy as well to track transactions and follow-up on refunds. However, groups such as the Qymish Republican Front argue the system allows the Crown to monitor shopping activities and infringes on citizens' fundamental rights of privacy.