eCommerce
Indonesia’s Cosmart raises $5M Seed funding from Lightspeed, East Ventures, and Vertex Ventures Southeast Asia & India
Cosmart, an Indonesian membership-driven ecommerce platform for essential goods, announced Monday that it raised $5 million in an oversubscribed seed funding from Lightspeed, East Ventures, and Vertex Ventures Southeast Asia & India.
How the right technology can sustain the B2B commerce momentum in Asia
Technology powered the recent rapid rise of the B2B commerce space in Asia, and technology is what will continue to sustain that momentum in the coming years and decades – if correctly developed.
Malaysia’s Carsome announces ‘group-wide accelerated profitability plan’ including job cuts
As part of the "employee base optimization", Carsome said it will focus on improving productivity across the business, aligning resources with contributions to the bottom line, and enforcing stricter performance management. This strategy will impact a certain number of employees, who will receive their full severance package and extended health benefits…
Softbank-backed Carro sees ‘many’ opportunities in Japan market; eyeing Australia, Philippines, Vietnam
Besides Japan, Carro is also eyeing several markets including Australia, Philippines, Vietnam markets, Narushima said.
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.
