SG’s Carousell Inches Closer to Unicorn Status with A USM Investment Round Led by Naver

SG’s Carousell Inches Closer to Unicorn Status with A US$80M Investment...

Carousell, a B2C and C2C consumer marketplace for buying and selling new and used goods in Singapore, has inched closer to becoming a unicorn...
Indian Ecommerce Platform Hypd Bags Pre-seed Money From ScoopWhoop

Indian Ecommerce Platform Hypd Bags Pre-seed Money From ScoopWhoop

Ecommerce platform Hypd announced it has raised an undisclosed sum from Indian media portal ScoopWhoop in its pre-seed round.  Launched in November 2020 by Innov8 founding partners Ashwarya...
Malaysia’s iPrice Adds More Funding into Series B to Accelerate Growth in Philippines

Malaysia’s iPrice Adds More Funding into Series B to Accelerate Growth...

Malaysia-headqauartered online shopping aggregator iPrice Group has raised an undisclosed amount in funding from JG Digital Equity Ventures (JGDEV), the corporate venture capital arm...
China’s Alibaba Said to Invest in Online Fashion Retailer Farfetch

China’s Alibaba Said to Invest in Online Fashion Retailer Farfetch

Alibaba Group Holding Ltd is in advanced talks to invest nearly $300 million in online luxury fashion retailer Farfetch Ltd, the Information reported on...
MyCloudFulfillment Nets USM Funding to Piggyback on Thailand’s Fast-Growing E-Commerce Market

MyCloudFulfillment Nets US$2M Funding to Piggyback on Thailand’s Fast-Growing E-Commerce Market

MyCloudFulfillment (MCF), an e-commerce fulfilment company based in Thailand, has announced that it has closed a US$2 million Series A round of financing from...
Mumbai-Based Infra.Market Raises m Series B from Evolvence India, Sistema Asia Fund, Others

Mumbai-Based Infra.Market Raises $20m Series B from Evolvence India, Sistema Asia...

Infra.Market, a Mumbai-based business-to-business marketplace for real estate and construction materials, has raised $20 million in Series B funding from Evolvence India Fund, Sistema...
Warrick-Kernes

Selling online? Don’t take your foot off the pedal

South Africa’s eCommerce industry is booming. Constrained from operating as normal due to lockdown and safety restrictions many businesses have made a long-overdue entry...
Study shows more than 85% of surveyed South African shoppers say retailers need to get better at giving them the products, service and experience they want

Study shows more than 85% of surveyed South African shoppers say...

South Africans surveyed form part of a study of over 30,000 global online consumers from 18 countries.    The research, commissioned by Wunderman Thompson South Africa...
Wavemaker Partners Puts 0,000 in Vietnam-Based Foodmap

Wavemaker Partners Puts $500,000 in Vietnam-Based Foodmap

Vietnam-based niche e-commerce startup Foodmap has raised $500,000 in its seed funding round from Wavemaker Partners, founder and CEO Tung Pham told DealStreetAsia. Foodmap connects...
Singapore’s Shopavision Rolls Out Live Streaming Shopping Platform in S’pore with A US4K Seed Funding

Singapore’s Shopavision Rolls Out Live Streaming Shopping Platform in S’pore with...

Shopavision has announced the launch of what it claims to be Singapore’s first live-streaming e-commerce platform, with a S$500,000 (US$374,000) in seed funding from...
Riyadh’s Retailo Raises .3 Million Pre-Seed for Its B2B Ecommerce Marketplace in Saudi & Pakistan

Riyadh’s Retailo Raises $2.3 Million Pre-Seed for Its B2B Ecommerce Marketplace...

Riyadh-headquartered B2B ecommerce startup Retailo has come out of stealth today with the announcement of $2.3 million in a pre-seed round led by Abu...
Indonesian Bukalapak Launches New Fintech Unit Buka Investasi Bersama

Indonesian Bukalapak Launches New Fintech Unit Buka Investasi Bersama

Indonesia’s e-commerce giant Bukalapak has announced the launch of a new fintech and mutual funds selling unit, called Buka Investasi Bersama (BIB). The current offering...