eCommerce
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.
Livspace gets $90m to be go-to place for home decoration
Launched first in India in 2015, it expanded to Singapore in late 2019.
Used car startup Carsome tries something new
It has just opened its first physical store—and more are coming.
Vietnam’s ‘eBay for motorcycles’ gets big funding
Vietnam is the world’s fourth biggest market for motorbikes and scooters.
