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Aya Lin · · 1 min readIn brief: aCommerce raises over $10m from KKR, others with IPO in sight
- Bangkok-based aCommerce, which helps brands such as Samsung, L’Oreal, and Unilever sell their products online across Southeast Asia, has raised more than US$10 million from existing investors including KKR & Co, Bloomberg reports.
- The six-year-old firm plans to raise another US$5 million by the end of this year as part of an extended series B or early-stage funding round.
- “We have the ambitions for an IPO so it’s really important that we grow a healthy, valuable business,” said CEO Paul Srivorakul, adding that the company may choose to list in Bangkok, Singapore, or Australia to stay close to the Southeast Asian market.
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