E-COMMERCE Volanews

Shopee Expands Logistics Services In Malaysia To Offer Next-day Delivery Shopee said it has expanded its logistics infrastructure in Malaysia and is set to introduce next-day delivery for Shopee Mart items in Peninsular Malaysia via its integrated shipping service Shopee Xpress.

by techinasia

2021-02-19

CHINA E-COMMERCE DMall

Chinese E-Commerce Platform Dmall Is Said To Plan U.S. IPO This Year Beijing DMall E-commerce Co., an online retail service provider backed by Chinese supermarket Wumart Group, is planning an initial public offering in the U.S., according to people familiar with the matter.

by caixinglobal

2021-02-19

INDIA E-COMMERCE Pepperfry

Indian Furniture Retailer Pepperfry Bags $4.8M In Debt Funding From InnoVen Capital Online furniture retailer Pepperfry has raised 350 million rupees (US$4.8 million) in debt funding, according to a statement by the company.

by techinasia

2021-02-15

INDIA E-COMMERCE Hypd

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.

by techinasia

2021-02-15

INDIA Supply Chain Industry E-COMMERCE

Lightspeed Co-leads $120M Series D Round In Indian Manufacturing Tech Firm Zetwerk India’s Zetwerk, a manufacturing, production, and supply chain firm, said it raised US$120 million in a series D round led by US-based Greenoaks Capital and Lightspeed Venture Partners.

by techinasia

2021-02-03

INDIA REGULATION E-COMMERCE

US Lobby Group Urges India Not To Tighten Foreign E-commerce Rules A U.S. lobby group that represents firms including Amazon.com and Walmart has urged India not to tighten foreign investment rules for e-commerce companies again, according to a letter seen by Reuters.

by Reuters

2021-02-01

SOUTHEAST ASIA INDONESIA E-COMMERCE

Indonesian B2B Marketplace Ula Raises $20M Series A Led By Quona, And B Capital Group Jakarta-based wholesale e-commerce marketplace Ula has raised $20 million in a Series A round led by existing investor Quona Capital and B Capital Group. Existing investors Sequoia Capital and Lightspeed also participated in the fundraising.

by DealStreetAsia

2021-01-29

CHINA E-COMMERCE Wetrade Group

Chinese E-Commerce Service Platform WeTrade Eyes $121m In Nasdaq Transfer WeTrade Group, a membership-based platform for e-commerce services in China, is looking at raising up to $121 million as it moves its listing from the US OTC board to the Nasdaq Stock Market.

by caixinglobal

2021-01-21

PAKISTAN B2B E-COMMERCE

Pakistan's B2B Marketplace Bazaar Raises $6.5M In Seed Funding Pakistan-based B2B e-commerce marketplace Bazaar has raised a $6.5 million seed round led by Global Founders Capital and Indus Valley Capital.

by DealStreetAsia

2021-01-20

INDIA Reliance JioMart

Reliance Plans To Embed Its E-commerce App JioMart In WhatsApp Billionaire Mukesh Ambani’s Reliance Retail Ltd plans to embed its e-commerce app JioMart into WhatsApp within six months, allowing the 400 million users of India’s most popular messaging service order products without having to leave the app, two officials aware of the development said, requesting anonymity.

by LiveMint

2021-01-18

JAPAN E-COMMERCE Sneaker Trading Industry

SoftBank Ventures Asia Leads $22M Funding In Sneaker Marketplace SODA Japanese sneaker sales platform SODA has landed a $22-million Series B financing round led by SoftBank Ventures Asia, bringing the total investment in the firm to $25 million. The deal marks SoftBank Ventures Asia’s first investment in Japan.

by DealStreetAsia

2021-01-14

BRAZIL E-COMMERCE MadeiraMadeira

Brazilian Online Home Goods Seller MadeiraMadeira Raises $190M Led By SoftBank, Dynamo Brazilian online home goods platform MadeiraMadeira has raised $190 million in a new funding round that valued it above $1 billion, the company said on Thursday.

by Reuters

2021-01-08

INDIA B2B E-COMMERCE

Udaan Raises $280MN From New And Existing Investors Indian business-to-business e-commerce startup Udaan has raised $280 million, it said Wednesday, as it seeks to serve more mom-and-pop businesses that are buying products online in the wake of the COVID-19 pandemic.

by LiveMint

2021-01-07

SOUTHEAST ASIA INDONESIA RIDE-HAILING

Gojek In Advanced Discussions With Tokopedia Over $18B Merger, IPO Indonesia’s ride-hailing and payments giant Gojek is in advanced discussions about merging with local e-commerce pioneer PT Tokopedia, ahead of a planned initial public offering of the combined entity, according to people with knowledge of the matter.

by Bloomberg

2021-01-05

US WALMART TikTok

Walmart Partners With TikTok to Sell Merchandise While Livestreaming The world's largest retailer's planned investment in TikTok will help it engage with younger audience and supercharge its battle against Amazon.com Inc

by LiveMint

2020-12-18

INDIA LIFESTYLE E-COMMERCE

Wakefit.co Raises ₹185 Cr in Funding From Verlinvest and Sequoia India With the new fund raise the company will look at accelerating its growth as it looks to expand its product portfolio in home furnishings, and achieve revenue worth ₹1000 crores by 2023-fiscal

by LiveMint

2020-12-16

INDIA BEAUTY E-COMMERCE

Beauty Brand SUGAR COSMETICS Launched A Quiz Game to Celebrate Its Ins Account Crosses 1 M Milestone Launched in 2015, the brand becomes of the few D2C brands to have crossed the 1 million milestone in a short span of 5 years

by volanews

2020-12-15

CHINA E-COMMERCE TENCENT

China’s Yonghui Superstores’ Fresh Food Unit Raises $153m From CICC, Tencent, and Others Yonghui Fresh Food, the fresh produce-based B2B platform of Chinese leading supermarket group Yonghui Superstores, has secured a corpus of 1 billion yuan ($153 million) in a strategic investment jointly led by Chinese tech giant Tencent, CICC and others.

by DealStreetAsia

2020-12-14

INDIA Startups Infra.Market

Mumbai-Based Infra.Market Raises $20m Series B from Evolvence India, Sistema Asia Fund, Others Currently, Infra.Market is achieving $180 million annualised gross merchandise volumes (GMV) and intends to grow this up to $300 million by March 2021.

by DealStreetAsia

2020-12-11

SINGAPORE Startups Shopavision

Singapore's Shopavision Rolls Out Live Streaming Shopping Platform in S'pore with A US$374K Seed Funding Users can choose to buy products instantly within the live stream or add to cart and make payment directly via payment modes — credit cards, PayNow or e-wallets GrabPay and RazerPay, without leaving the stream.

by e27

2020-12-11