eCommerce
SEA,Indonesia,Philippines,TNGlobal Q&A and Interviews,eCommerce,Vietnam,Mergers and Acquisitions
Vietnam’s Society Pass eyes M&A opportunities in Indonesia, Philippines after share price jumps more than 400% on NASDAQ
The firm is keen to pursue acquisitions in categories that augment its loyalty point ecosystem, as well as e-Commerce and online travel.
November 17, 2021
News,Philippines,eCommerce,Investments
Philippines BNPL startup Plentina raises additional $2.2M in TMV-led funding round
Proceeds of the funding will be used by Plentina to accelerate the company’s growth in the Philippines, to offer new product expansions, and to begin exploring other markets in Southeast Asia, such as Vietnam. This seed round will also help propel its growth as it targets Series A funding next year with senior talent joining the firm between now and then,…
November 16, 2021
eCommerce,Investments,Indonesia
Indonesia e-commerce marketplace Ula secures an additional $23.1M in Series B from Tiger Global
Ula has secured an additional $23.1 million funding from Tiger Global. With a total Series B funding of $110 Million, Ula will continue to invest in geographic, product, and team expansion, with a special focus on supporting underserved retailer communities through technology in Tier 2 to 4 cities.
November 16, 2021
News,Indonesia,eCommerce,Investments
Indonesia influencer platform KaryaKarsa raises $500K Seed round led by Accelerating Asia, Sketchnote Partners
KaryaKarsa has collaborated with more than 40K creators and served 300K users, enabling creators to promote their digital content or service offerings, such as books, comics, audio, video, and other digital goods, directly to their audience without going through middlemen. The seed round will support the company’s growth in the Southeast Asia market and…
November 16, 2021
News,eCommerce,Asia,Investments
Kazakhstan car aftersales platform raises $700,000 funding led by Singapore’s Quest Ventures
CTOgram has raised $700,000 funding led by Quest Ventures. The investment will speed up the adoption of CTOgram across the region and thereby provide extensive support to drivers everywhere.
November 15, 2021
News,Vietnam,eCommerce,Investments
Vietnam e-commerce platform Kilo raises $5M pre-Series A led by Altos Ventures and January Capital
Kilo has raised $5 million in a pre-Series A round co-led by Altos Ventures and January Capital. The round was joined by Goodwater Capital, Ascend Vietnam Ventures, Decisive Capital Management, Ratio Ventures, and other angel investors. Kilo plans to grow its team by 4 times over the coming 12 months. Its future roadmap includes several features to further…
November 15, 2021
News,Indonesia,eCommerce,Transportation
Indonesia’s GoTo secures over $1.3B in first close of pre-IPO fundraising
The funds raised will allow GoTo to invest further in its ecosystem, strengthen its market-leading position in the region, and better serve customers, which includes continued focus on customer growth and engagement, expansion of its payments and financial services offering, and leveraging its integrated transport fleet and logistics network to enhance…
November 11, 2021
Vietnam’s Society Pass announces $26M pricing for Nasdaq IPO
Society Pass Incorporated has announced the pricing of its $26 million Nasdaq initial public offering (IPO), offering 2.89 million shares of common stock at a price of $9 per share. The shares have been approved for listing on the Nasdaq Capital Market and will trade under the ticker symbol "SOPA" beginning November 9.
November 10, 2021
News,Thailand,eCommerce,Investments
MyCloudFulfillment raises $7.4M Series B from JWD Group & SCB 10X to support warehouse & service improvement & regional expansion
The funding will be mainly used on improving warehouse and service capability, expanding the management and software development team, and expanding its service to neighboring countries.
November 7, 2021