eCommerce

Vietnamese venture capital firm Touchstone Partners has on Tuesday announced that it is investing $1 million in a seed round in Quqo, a Vietnam-based asset-light business to business (B2B) distribution platform that connects buyers, suppliers, and end-consumers in the fast-moving consumer goods (FMCG) sector.

Y Combinator-backed Radius rebrands Bakool, an Indonesia-based buying platform for fresh produce, has raised an an undisclosed seed round, with participation from Kleiner Perkins, Goodwater, Insignia Ventures, Global Brain, former minister of Indonesia Mari Elka Pangestu, and others.

Plugo, a Singapore-based e-commerce platform, has raised $9 million in Series A funding ahead of its planned public launch in 2023. The round was led by Altos Ventures, along with strong support from BonAngels Venture Partners, Access Ventures, Mahanusa Capital, Prodigy Investment, and Pearl Abyss Capital.

Adopting the right mindset and attitude towards sustainability – viewing it as an opportunity for growth instead of an obligation – is key. To build a successful and resilient business, leaders must realize that sustainability goes beyond decarbonization, it also includes a commitment to stakeholders of the value chain on social responsibility.

We’ve always been an e-commerce and have a strong online presence, and we know that our customers are gravitating towards blended experiences and are wanting a physical touch and connection with our brands.

In our opinion, impact means solving major societal problems with measurable positive change. It definitely plays a role that the product we are building should have the right customer journey suited for the market we are trying to target.

ESQA, an Indonesian indie beauty brand, has raised a $6 million Series A round led by Unilever Ventures, the venture capital arm of consumer giant Unilever. Renowned investor, East Ventures has also participated in this round.

Singapore-based consumer internet company SEA Group announced Tuesday that the group's revenue rose 17.4 percent year on year to $3.2 billion in the third quarter ended September 30, 2022, as its e-commerce revenue surged. The group's e-commerce revenue for the third quarter jumped 32.4 percent year on year to $1.9 billion.

AnyMind Group, a Singapore-based end-to-end commerce enablement company, on Tuesday announced that the Tokyo Stock Exchange has approved the initial listing of the Company’s shares on the growth market of the Tokyo Stock Exchange. The date of listing is scheduled to be December 15.

In recent years there has been a concerted push within the field of consumer electronics toward smart devices and digital services, with the emergence and growth of sectors such as smart home, digital health metrics, and online shopping tech. But how has the pandemic impacted such trends?