eCommerce
Grab has liquidity to drive operations, says S&P Global Ratings
The stable rating outlook on Grab reflects S&P Global Ratings' view that the company will maintain sufficient liquidity to tide it through until it reaches positive EBITDA and cash flow by 2025.
Carousell integrates Laku6 team, AI-first diagnostics technology to drive mobile recommerce expansion across Greater Southeast Asia
Carousell Group, the Singapore-based multi-category platform for secondhand, has integrated the Laku6 team's expertise and proprietary artificial intelligence (AI)-first diagnostic technology with Carousell Group's tens of millions of monthly active users across Greater Southeast Asia to launch new features to make selling and buying secondhand electronics…
China’s JD.com to shut e-commerce sites in Indonesia, Thailand – report
JD.com is China’s largest online retailer and its biggest overall retailer, as well as the country’s biggest Internet company by revenue.
Shopee’s parent firm Sea to increase investment in Malaysia
Sea Ltd,a Singaporean global consumer internet company, through its e-commerce platform Shopee, has committed to expand its investments in Malaysia. SEA's proposed expansion plans in Malaysia involving the setting up of cloudservices, data hosting and processing, as well as new logistics e-commerce warehouse.
The importance of uplifting the F&B industry: How automating and using big data can pave the way for supply chain management and restaurants
Beyond joining the crowd of payments and financing, what we foresee is the need to focus on digitizing and automating the backend; specifically, procurement and supply chain management, especially so in the wake of Covid-19.
TechNode Global’s Top 10 interviews in 2022
In 2022, we have the privilege to interview venture capital firms and tech startups we find interesting. We hope you have enjoyed reading them. Here are our most-read interview articles:
Touchstone Partners invests $1M in Vietnamese B2B distribution platform Quqo
Vietnamese venture capital firm Touchstone Partners has on Tuesday announced that it is investing $1 million in a seed round in Quqo, a Vietnam-based asset-light business to business (B2B) distribution platform that connects buyers, suppliers, and end-consumers in the fast-moving consumer goods (FMCG) sector.
Y Combinator-backed Indonesian startup Bakool bags seed funding
Y Combinator-backed Radius rebrands Bakool, an Indonesia-based buying platform for fresh produce, has raised an an undisclosed seed round, with participation from Kleiner Perkins, Goodwater, Insignia Ventures, Global Brain, former minister of Indonesia Mari Elka Pangestu, and others.
Plugo raises $9M Series A Funding led by Altos Ventures
Plugo, a Singapore-based e-commerce platform, has raised $9 million in Series A funding ahead of its planned public launch in 2023. The round was led by Altos Ventures, along with strong support from BonAngels Venture Partners, Access Ventures, Mahanusa Capital, Prodigy Investment, and Pearl Abyss Capital.
