eCommerce

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 office and logo

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.