E-COMMERCE Volanews

CHINA E-COMMERCE Wukong Zhanggui

Chinese social e-commerce Wukong Zhanggui raised a billion-yuan A round of financing led by GF Investment The startup provides users with various discounts and goods, and provides users with services such as home delivery through online sales.

by Grace

3 hours ago

CHINA E-COMMERCE ALIBABA

Alibaba acquires Beijing-based intelligent catering management startup Keruyun Hangzhou-based Alibaba completed the acquisition through a local life service unit, Alibaba Local Life Service, Keruyun

by DealStreetAsia

4 hours ago

KENYA E-COMMERCE Sokowatch

Kenya-Based B2B eCommerce Startup Sokowatch Raises USD 14 Mn Series A, Eyes Expansion The Kenya-based B2B e-commerce startup known as Sokowatch, which connects informal retailers directly to local and multinational suppliers, has raised USD 14 Mn in a Series A round.

by WeeTracker

2020-02-25

INDONESIA E-COMMERCE JD.ID

Indonesian unit of Chinese e-commerce giant JD.com claims unicorn status: Report The e-commerce company actually reached a valuation of $1 billion last year.

by DealStreetAsia

2020-02-25

CHINA E-COMMERCE Orderplus

Chinese cross-border B2C e-commerce firm Orderplus closes USD 14.3 million Series B round The company booked slightly more than RMB 100 million in profits.

by kr-asia

2020-02-20

INDIA E-COMMERCE MaxWholesale

B2B ecommerce startup MaxWholesale raises $3M in Series A B2B ecommerce startup MaxWholesale will use the funding to hire new talent and develop its technology stack further while accelerating growth.

by YourStory

2020-02-19

CHINA E-COMMERCE ALIBABA

Alibaba beats expectations in latest quarterly earnings Recording a 38 percent year-on-year growth for the quarter that ended Dec 31, Alibaba reported earnings per share at $2.61, also outperforming estimates of $2.22 by Wall Street analysts.

by ChinaDaily

2020-02-14

RWANDA E-COMMERCE Panatech

Rwandan startup launches e-commerce marketplace platform Rwandan startup Panatech has launched Iduka Online, an e-commerce marketplace that allows users to buy and sell goods across categories such as electronics, fashion, and furniture.

by disrupt-africa

2020-02-13

UAE E-COMMERCE SellAnyCar.com

Sellanycar.com raises $35M investment to accelerate regional growth The new capital will be used to accelerate growth throughout the GCC and SellAnyCar.com is now expanding into Saudi Arabia with plans to employ more than 300 Saudi nationals and open 100 branches throughout the Kingdom.

by magnitt

2020-02-12

INDIA E-COMMERCE Udaan

Udaan makes its first investment, infuses $2M in Ahmedabad startup PetPooja Founded in 2011, Ahmedabad-based startup PetPooja aims to be the operating system of an F&B outlet, and provides billing, menu, inventory management tools, CRM, online delivery as well as payments solution to restaurants.

by YourStory

2020-02-11

INDIA E-COMMERCE Pepperfry

Online furniture startup Pepperfry raises $40M in Series F round Online furniture startup Pepperfry has raised $40 million in Series F funding led by Indian adhesives manufacturing company Pidilite Industries.

by YourStory

2020-02-11

INDONESIA E-COMMERCE gudangada

Indonesian B2B marketplace for FMCG gudangada secures seed funding led by Alpha JWC, Wavemaker Since its inception, gudangada claims to have onboarded thousands of distributors, wholesalers and retailers onto its platform and covered 500 cities.

by e27

2020-02-11

Oman E-COMMERCE MarketEx

Omani ecommerce marketplace MarkeetEx raises $1 million seed MarkeetEx is an Amazon-like ecommerce marketplace that sells different products ranging from fashion and jewelry to food and grocery, mainly in Musat, Oman.

by MENAbytes

2020-02-10

CHINA E-COMMERCE FARFETCH

Tencent, Dragoneer to invest $250m in London’s fashion marketplace Farfetch The investment “elevates the ongoing relationship” between Tencent and Farfetch.

by DealStreetAsia

2020-02-06

INDIA MANUFACTURING Zetwerk

Indian B2B startup Zetwerk banks $2.2m from Innoven Capital Established in 2018, Zetwerk offers an on-demand platform for original equipment manufacturers (OEM) and engineering procurement construction (EPC) firms

by techinasia

2020-02-06

VIETNAM E-COMMERCE Leflair

Vietnamese ecommerce firm Leflair temporarily halts local operations Founded in 2015, Leflair focuses on making high-end beauty, home, and fashion products more accessible and more affordable.

by techinasia

2020-02-06

CHINA E-COMMERCE KuaiJie App

Chinese video e-commerce platform KuaiJie App received tens of millions yuan in angel round funding The fund will be mainly used for market expansion and talent acquisition.

by Zach

2020-02-04

EGYPT CONSUMER GOODS Homzmart

Homzmart, an Egyptian-based online home furnishing marketplace raises $1.3M Seed Homzmart aims to focus on the home furnishing sector in MENA region.

by magnitt

2020-02-04

SINGAPORE E-COMMERCE Anchanto

SG’s Anchanto raises $4m more from MDI Ventures as part of $35m Series C round The deal, which was sealed at the end of last year, was also confirmed by MDI managing partner Kenneth Li.

by DealStreetAsia

2020-02-03

THAILAND E-COMMERCE Pomelo

Pomelo accelerates growth by acquiring fashion e-commerce platform Looksi Formerly known as Zalora Thailand, Looksi will have its platform and social media presence being merged into Pomelo ecosystem.

by e27

2020-01-21