eCommerce
Indonesia e-commerce unicorn Bukalapak receives backing from state-owned banks in a $234M venture round
The company plans to use its fresh capital to increase its user base of warungs (mom and pop stores), micro, and small businesses in Indonesia. The company’s strategic partnerships with both state-owned banks will also give its user base access to more products and services that the banks offer.
Retail analytics platform Trax raises $640M Series E led by SoftBank Vision Fund 2 and BlackRock
Trax plans to use the fresh capital to continue providing digital transformation solutions for brick-and-mortar retail companies by expanding its products.
Buyandship promotes confidence in cross-border e-commerce through a better shopping experience [ORIGIN Innovation Awards Q&A]
In this Q&A, we learn from Buyandship CEO Wilson Chan how the company's solution is improving consumer confidence in cross-border e-commerce.
Carsome Co-Founder and Group CEO Eric Cheng on addressing pain points in a decades-old industry
In this interview, Eric Cheng, Carsome Co-Founder and Chief Executive Officer, shares his insights on the company's strategy in using data, innovations, and partnerships to address the industry pain points and expansion in Southeast Asia
E-commerce marketing startup Epsilo raises $2M from a funding round led by Sequoia’s Surge 4
End-to-end e-commerce marketing company Epsilo recently completed a $2 million funding round. Almost all of this new capital injection was provided by Surge, Sequoia India’s scale-up program established to help startups in India and Southeast Asia.
CIC announces its Digital Silk Road initiative to help boost commercial activity during the pandemic
Commodities Intelligence Centre (CIC) launches its Digital Silk Road Initiative in an effort to support Singaporean businesses amid the downturn brought about by the COVID-19 pandemic
Sea Group set to secure up to $2.6B through American depositary share offering
Sea Group announced its intention to offer 11M American depositary shares, which can raise $2.2 billion for the company. It also intends to give the underwriters an option to buy up to 1.65 million additional shares, which can yield an additional $300 million to $400 million for the company.
Booming Australian logistics startup Shippit secures $22.3M Series B for Southeast Asia Expansion
The logistics startup has just finished its $22.3 million (A$30 million) Series B equity round led by Jason Lenga of Tiger Global, an American technology investment firm.
