China’s rural e-commerce registers rapid growth in H1
The e-commerce sector grew rapidly in China's rural areas in the first half of 2019, official data showed.
Online retail sales in rural areas totaled...
India The Moms Co Raises $3M in Series B Led by...
New Delhi-based mom and baby care brand The Moms Co has raised another $3 million as part of its Series B funding round, which...
India Flipkart to Acquire A 7.8% Stake in Aditya Birla Fashion...
Walmart-owned Flipkart Group has agreed to acquire a 7.8% stake in Aditya Birla Fashion and Retail Limited (ABFRL) which owns lifestyle brands such as...
Vietnamese Food Ordering Startup Lozi Raises Funds
Vietnam’s food ordering startup Lozi, which owns the on-demand delivery service LoShip, has raised a bridge round of financing led by Singapore-based Vulpes Investment...
CDC Group Invests $20M More In Indian Logistics Player Ecom Express
CDC Group, the UK Government’s development finance institution, on Tuesday said it has closed a $20-million
investment round in Delhi-based e-commerce logistics company Ecom Express...
Payment solutions company puts financial inclusion first
According to figures published on Statista, South Africa’s total transaction value in digital payments per annum is expected to show an annual growth rate...
JD.com becomes largest shareholder in Vietnamese e-commerce platform Tiki
JD.com, the Chinese e-commerce platform that rivals Alibaba, has become the largest shareholder in popular Vietnamese e-commerce platform Tiki, showing its strong commitment to...
Indian Melorra Raises $12.5M from Symphony Asia, Lightbox Ventures, Alteria Capital,...
Melorra, a Bengaluru-based jewellery startup, on Wednesday announced that it has raised $12.50 million in funding from Symphony Asia (one of Asia’s first private...
Chinese iDS BUYBUYBUY Raised US$40 Million in Its Series B+ Financing...
iDS BUYBUYBUY, an E-commerce startup in the beauty and healthcare industry that offers global professional beauty brands to Chinese generation Z shoppers, has raised...
SG’s Palexy Picks US$1M Funding to Help Offline Stores Achieve E-Commerce-Like...
Palexy, a Vietnamese startup that provides actionable data to help improve the performance of brick-and-mortar retailers, has bagged US$1 million in a funding round...
Indian Micro-retail Commerce Startup Raises $75M From Existing Backers
Pune-based ElasticRun, a platform that connects FMCG (fast-moving consumer goods) and ecommerce companies with mom and pop stores in India’s rural areas, has raised US$75...
Speed and accuracy can make or break click-and-collect demand: How last-mile...
Cape Town, – E-commerce is fast and will only get faster.
Today’s consumers are very familiar with the capabilities of modern technology, and if they...