Middle East B2B e-commerce startup Retailo raises $36M Series A round led by Graphene Ventures
Middle East business to business (B2B) e-commerce startup Retailo has raised $36 million in its Series A investment round which was a mix of equity and venture debt.
The round was led by Silicon Valley based Graphene Ventures which was an investor of tech giants Snapchat and Lyft, Retailo said in a statement.
Graphene Ventures is joined by leading investors that include 500 Global, Agility,…
Philippine E-commerce enabler Etaily banks $4.3M round to drive regional expansion, O2O platform
Etaily, a fast-growing Philippines-based e-commerce-enabler led by former Zalora executives, announced today that it has wrapped up a $4.3 million seed extension round, on top of its initial $1.6 million funding round announced in August 2021. This brings Etaily's total funding raised thus far to $5.9 million.
The funding was led by the Gokongwei Group’s investment arm, JG Digital Equity…
Malaysia car e-commerce platform Carsome Group appoints ex-AirAsia officer Ravi Shankar as chief marketing officer
Malaysia-based car e-commerce platform Carsome said Wednesday it has appointed Ravi Shankar Mallavarapu as its Chief Marketing Officer (CMO) to head multidisciplinary functions and continue driving Carsome’s leadership in all marketing-related aspects.
In his new role, Mallavarapu will oversee brand, marketing, digital, social media, public relations, growth, market research and customer…
OnPoint’s Tran Vu Quang on how innovations are optimizing e-commerce operations and driving new opportunities for growth [ORIGIN Innovation Awards Q&A]
E-commerce has become a driver of growth in an increasingly digitalized business environment. A report by Facebook and Bain & Co cites that Southeast Asia gained 70 million new e-commerce customers since the start of the pandemic, with the new normal having "resulted in new purchasing habits, new ways to discover, new preferences and new expectations."
Through innovations like artificial…
Malaysia’s Country Heights partners with China’s JD.com to bring its omni-channel e-commerce platform to Malaysia
Malaysia-based property developer Country Heights Holdings Bhd said Tuesday it has inked licensing and collaboration with China-based JD.com wholly-owned subsidiary Beijing Wodong Tianjun Information Technology Co. Ltd, to bring its Omni-Channel e-commerce platform to Malaysia.
The collaboration will lead to the development of JD.com’s Omni channel business model using JD.com technologies and…
Beyond affordable prices for premium items, Retykle’s circular fashion provides a sustainable solution to high-end apparel e-commerce [Q&A]
Among the companies we have interviewed so far at TechNode Global, niche-oriented e-commerce startups are among the industries that are thriving. See our interview with edamama's founder here, for instance.
One potential drawback of the rise of e-commerce, however, is the environmental impact of activities such as logistics, production, and delivery. From 2019 to 2030, for instance, it is…
Pakistan e-commerce builder Brandverse raises “multimillion-dollar” seed funding
Pakistan-based e-commerce builder and virtual store solutions provider Brandverse has successfully raised an undisclosed "multi-million dollar" amount to launch its Chikoo app.
The seed round was led by the JS Group and observed follow-on participation from seed investors, regional family offices and operator angels, Brandverse said in a statement.
With this round, Brandverse will further…
For Anchanto’s Vaibhav Dabhade, digitalization requires a deep structural shift for companies getting into e-commerce [Q&A]
Digitalization is the name of the game, especially as the new normal has driven enterprises and consumers toward new ways of doing business. This is reshaping how we buy goods and access financial services. The e-commerce boom is said to have been brought about by this accelerated pace of digitalization.
However, according to Vaibhav Dabhade, Founder and Chief Executive Officer of…
B2B is the next frontier in e-commerce, says GudangAda’s JJ Ang [Q&A]
Southeast Asia's digital economy is expected to surge, driven by e-commerce, media, transport, and food. The region is expected to see 62 percent growth in e-commerce gross merchandise value, driven by the rise in customers buying groceries and essentials online. However, there is also a big potential in e-commerce beyond B2C, as we learn from a TechNode Global Q&A with JJ Ang, Chief…
ORIGIN Innovation Awards 2021: Startup Winners – AI, E-commerce, FinTech & RegTech
We are thrilled to announce the Startup Winners - AI, E-commerce, FinTech & RegTech for the second edition of the ORIGIN Innovation Awards.
The ORIGIN Innovation Awards recognizes outstanding startups, corporate innovators, and movers and shakers in the Asia Pacific region poised for growth. The awards celebrate the spirit of innovation and entrepreneurship, and also seek to inspire the…