
E-COMMERCE
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

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

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

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

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

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

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

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

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