eCommerce
News,eCommerce,Asia,Investments
Japan’s chat commerce firm Zeals raises $38.77M funding led by JIC Venture Growth Investments
Zeals Co., Ltd. (Zeals), a Japan-based Chat Commerce provider, announced Thursday that it has raised a total of ¥5 billion ($38.77 million) in funding.JIC Venture Growth Investments led the ¥3.5 billion ($27.14 million) Series E round with participation from Z Venture Capital, a venture investment arm of Z Holdings, Japan Post Capital, and Salesforce…
May 13, 2022
News,Vietnam,eCommerce,Investments
Vietnam social commerce platform Aemi raises $2M Seed funding to provide solutions for creators and micro retailers
Aemi provides social sellers with high-end, authentic product assortment and a toolbox of inventory and marketing tools. These provide operational support for their customers. Aemi guarantees the authenticity of all products available on its platform through its direct collaboration with brands and provides its customers access to the best deals from brands…
May 9, 2022
News,Singapore,Mergers and Acquisitions,eCommerce
Carousell to acquire fashion recommerce retailer Refash
Carousell Group, a Singapore-based recommerce group, announced Monday that it has signed a deal to acquire Refash, a Singapoore-based omnichannel fashion recommerce retailer, for an undisclosed sum. The partnership with Refash enables Carousell to take a significant next step for one of their core categories to make selling secondhand fashion even simpler,…
May 9, 2022
News,Indonesia,eCommerce,Investments
Indonesia’s Moladin raises $95M Series B funding to grow its automotive ecosystem
Moladin, an Indonesia-based omnichannel used car marketplace, announced Monday it has secured Series B funding of $95 million led by global internet investment firm DST Global. Earlier this year, Moladin raised $42 million in Series A Funding co-led by Sequoia Capital India and Northstar Group in what was one of the largest Series A rounds in Southeast…
May 9, 2022
News,eCommerce,Asia,Investments
India’s Evenflow raises $5M pre-series A round from Village Global and others
Evenflow Brands (Evenflow), an India-based e-commerce rollup firm, announced Thursday the closing of its pre-series A round of $5 million. The round saw participation from Village Global, 9Unicorns, Venture Catalysts, LetsVenture, Shiprocket, and marquee angel investors.
May 5, 2022
News,Malaysia,Mergers and Acquisitions,eCommerce
Malaysia’s unicorn Carsome acquires WapCar & AutoFun Businesses
The partnership will enable Carsome to capture and serve customers from their early stage of car exploration and bring a more engaging and fun experience to the car transaction and ownership journey.
May 5, 2022
News,eCommerce,Asia,Investments
India’s Zepto raises $200M Series D led by Y Combinator Continuity
Just nine months after launching, Indian quick commerce firm Zepto has announced its $200 million Series D fundraise, valuing the company at around $900 million. Y Combinator Continuity doubled down and led Zepto’s Series D, with new investor Kaiser Permanente joining in to back the company.
May 3, 2022
News,eCommerce,Asia,Investments
India’s Geniemode lands $28M Series B funding led by Tiger Global
Geniemode, an India-based business to business (B2B) cross-border tech platform for lifestyle goods, said Friday it has scooped up $28 million Series B funding led by Tiger Global. Existing investor Info Edge Ventures, also doubled down in the round.
April 29, 2022