Singapore end-to-end e-commerce logistics firm Janio raises $8M from Choco Up to accelerate regional expansion
Hong Kong and Singapore-based revenue-based investment and FinTech firm Choco Up announced on Thursday an $8 million investment in Janio, a cross-border platform that provides integrated, end-to-end e-commerce logistics solutions in Southeast Asia.
Choco Up's investment is part of a wider closed round bridge investment, which also includes funding from Singapore-based Innoven Capital and…
Philippines e-commerce logistics startup Locad secures $4.9M Seed fund led by Sequoia Capital India’s Surge
Locad, an e-commerce logistics startup based in the Philippines and Singapore, has announced that it has secured $4.9 million in a Seed round led by Surge, Sequoia Capital India’s rapid scale-up program. The round was also participated by Antler, Febe Ventures, Foxmont, Hustle Fund, Global Founders Capital, and the Gokongwei family.
In an interview with Rappler Philippines, Locad Co-Founder…
The rise of pet-focused e-commerce is a sign of maturing market, says Oyen’s Kevin Hoong amid pet InsurTech’s $420K Seed raise
After launching its digital-first pet insurance platform in Malaysia in April this year, Oyen announced this June that it has raised Seed funding of $420,000 participated by notable backers such as Hustle Fund, alongside angel investors who are former and current executives from Airbnb, Facebook, and Rocket Internet.
The company will use the funds to enhance its proprietary digital insurance…
As e-commerce grows, merchants and payment providers must address the need to combat fraud [Q&A with Shabab Muhaddes]
There is no question about the growing digitalization of businesses across Southeast Asia. The e-Conomy SEA 2020 report by Google, Temasek, and Bain & Co., reported that a third of all digital transactions since the start of the pandemic were from new customers. E-commerce has also ensured the sustainability of businesses that would have otherwise not survived or thrived, such as food and…
5 Consumer benefits from increased e-commerce investment in Singapore’s logistics industry
With reports of Korean e-commerce giant, Coupang, hiring senior executive staff in Singapore, here are the top 5 benefits Singaporean consumers enjoy with more e-commerce competition and investment into local logistics.
Today e-commerce dominates Singapore consumerism with an estimated 3.3 million users. It is no surprise that Singapore is a hot market for domestic and foreign e-commerce…
With $11M Series B, Intrepid empowers brands in executing their omnichannel e-commerce strategies [ORIGIN Innovation Awards Q&A]
Editor’s note: In addition to coverage of Intrepid's Series B fundraise, the below interview is part of a Q&A series with winners of the ORIGIN Innovation Awards 2020. Intrepid is a winner in the category Startup Awards--e-Commerce.
Intrepid, which provides a one-stop-shop solution for global brands that seek to accelerate their e-commerce business across Southeast Asia, has raised…
Philippines startup Great Deals E-Commerce secures $30M Series B led by Fast Group
Great Deals E-Commerce, a Filipino end-to-end e-commerce service platform that handles everything from digital content, web design, analytics, and chat support, has just announced that it has raised $30 million in a Series B round led by Philippine logistics firm Fast Group. The round was also participated in by global private equity and investment advisory firm CVC Capital Partners and returning…
5 E-commerce fraud prevention trends taking shape as the pandemic accelerates digital transactions
Online transactions around the world have increased largely due to the COVID-19 pandemic where most people stay home. This is no different in Southeast Asia, where the e-commerce sector grew 63 percent to reach US$62 billion in 2020. By 2025, online retail is projected to reach US$172 billion.
With more online purchases comes an increased risk of fraud incidences. Last year, card not present…
Una Brands raises $40M Seed fund to consolidate small e-commerce brands in APAC
Una Brands Singapore-based Co-Founders (L-R): Tobias Heusch, Kiren Tanna and Kushal Patel
E-commerce roll-ups have become quite popular over the past year. In this trend, small e-commerce brands are being acquired, so they can be scaled up into more profitable businesses. Companies like Branded Group and Thrasio have been buying up smaller companies in the leading online commerce…
How Komerce bridges micro SMEs with e-commerce capability and community impact [ORIGIN Innovation Awards Q&A]
E-commerce has provided opportunities for small and micro-enterprises to expand their potential customer base. However, not all small businesses have the capability to go digital. Indonesian startup Komerce (formerly Kampung Marketer) has capitalized on the trend and started providing e-commerce services to such small businesses by hiring talent from kampungs or small villages in Indonesia,…