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MOLBASE was found in 2013, headquartered in Shanghai, China. MOLBASE is a leading SaaS-powered and data-driven integrated service platform for chemical e-commerce designed for small and medium-sized chemical-related businesses where various activities including chemical searching, promotion, inquiry, transaction, and payment, etc. can be done. On one hand, chemical suppliers can design and set up their online stores, manage products and inventory, process orders and payments, build customer relationships and leverage analytics and reporting on the platform. In addition, Suppliers can also to manage their business on the go via MOLBASE ios and Android APPs, 'Chemical circle' and 'chemical transportation circle'.

On the other hand, buyers can also search for products, choose appropriate product suppliers to place orders, and facilitate the transaction with many value-added services including supply chain financial services, business intelligence services, logistic and warehousing services.

In the traditional chemical distribution system, there are many intermediaries (distributors, traders, retailers) between the suppliers and buyers, who makes the chemical transaction procedures redundant, costing and low-efficient.

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