eCommerce
Singapore’s Una Brands raises $30M Series B funding for category and regional expansion
Singapore-based E-commerce aggregator startup Una Brands announced Thursday it has closed a capital raise of $30 million in the first close of a Series B funding round led by White Star Capital and Alpha JWC Ventures.
How the rise of mobile gaming is unlocking new opportunities for marketers
The popularity of mobile gaming creates an opportunity for users, developers and marketers all alike with in-app advertising.
Thailand’s LINE MAN Wongnai raises $265M Series B funding led by GIC and Line
LINE MAN Wongnai, a Thailand-based food delivery startup, announced Monday that it has raised $265 million in a Series-B investment round led by GIC, Singapore’s sovereign wealth fund, and LINE Corporation. This fundraising round was also joined by BRV Capital Management, PTT Oil and Retail Business Public Company Limited (OR), Bualuang Ventures and Taiwan…
Sea Ltd’s top management to forgo salaries as firm cuts cost – report
The company’s main objective for the next 12 to 18 months is to achieve positive cash flow as soon as possible.
Business growth is always about making the right change
An unwavering determination is something that many startup founders have, but the greater challenge was ultimately to be comfortable with instability and change and make difficult decisions to move the business forward. Here are some changes that I had to experience and the decisions I had to make to grow my startup over the last few years.
Singapore’s Eezee raises $7.5M Series A round led by Ayala’s VC arm
Singapore-based procurement start-up Eezee revealed Monday that it has raised $7.5 million in its Series A round. This was led by Ayala Corporate Technology Innovation Venture Fund (ACTIVE Fund), one of Southeast Asia’s top corporate venture capital firms backed by Ayala Corporation and its business units.
Bukalapak and Standard Chartered launch digital banking service in Indonesia
Indonesia e-commerce firm Bukalapak and global bank Standard Chartered have officially launched BukaTabungan, a digital banking service that leverages the reach of Bukalapak’s all-commerce platform and the technology of nexus, a banking-as-a-service (BaaS) solution powered by Standard Chartered.
Singapore’s AnyMind connects TikTok Shop and Yahoo! Japan’s shopping platforms to AnyX
AnyMind Group, a Singapore-based end-to-end commerce enablement company, announced Wednesday that e-commerce marketplaces TikTok Shop, Yahoo! Japan Shopping and PayPay Mall are now connected to the company’s e-commerce management platform, AnyX, enabling businesses and online merchants to improve cross-channel operational efficiency on even more e-commerce…
Sea Limited net loss widens in second quarter
Singapore-based consumer internet firm Sea Limited said Tuesday that its net loss in the second quarter has widened to $931.2 million from $433.7 million a year ago, amid higher expenses.
Malaysia’s Vynn Capital shares research insights on Southeast Asia cross-border commerce landscape
Southeast Asia, in general, sees more consumers purchasing cross-border goods as digital platforms become more mainstream. This trend has attracted more investment dollars into the supply chain industry, due to the integral role of technology in scaling logistics infrastructure to support growing consumer and SME demand.
