Japanese ecommerce titan Rakuten this morning announced that it’s taken a less than 10 percent stake in Chinese online shopping discounts site Fanli.
Ecommerce is already big in Asia, and it only has room to grow. As local startups and global players tap into new opportunities, each country also creates its own ecommerce leaders. On top of these sites, social media is even becoming a new avenue for consumers to shop. While many countries still struggle to find better payment options and access to the internet, it’s worth studying how new ecommerce players and the evolving demand of consumers shapes how Asians shop.
Ganji and 58.com have both signed a memorandum of understanding and are expected to officially announce the merger as early as today.
Jakarta-based Jualo is going up against OLX Indonesia. It just pulled in funds from Mountain Kejora and Indonesia's new investment firm Alpha JWC Ventures.
The services marketplace scene is heating up in India with most marquee early stage investors taking a bet on the space.
Trade Monkey does this by connecting customers to trendy, quality handmade products made by artisans in disadvantaged communities via its ecommerce platform.
Founded by husband-and-wife team Sean and Jesmine Tan, Applecrumby & Fish caters to parents who want only safe and natural products for their babies.
In Indonesia, Livaza wants to make it easy for customers to get their hands on high-end luxurious furniture products at affordable prices.
Both the hyperlocal grocery delivery services are in expansion mode, one from Gurgaon near Delhi in the north, and the other from Bangalore in the south.
Luxa was already a member of the alliance. Now it is set to be a featured piece for a long time to come.
Indonesian coffee geeks rejoice! Otten Coffee, an up-and-coming one-stop online shop for all things coffee just got funded.
In the last one year, it has acquired seven startups expanding its reach to 22 countries.
The new firm is headed by Aswin Utomo of Indonesia’s AdaDiskon. WhatWeLike aims to let users socialize and discover the hot fashion items in the archipelago.
Unless you'd like a dose of 6,000 times the legal limit of hormones, we suggest buying your health-related products via a different platform. WeChat ecommerce h...
India’s online grocery sector is hotting up after Amazon recently entered the scene. Now startup service Grofers is expanding.
Logistics are tough in the region’s large yet fragmented ecommerce markets. Companies like aCommerce offer end-to-end control, others find their niche.
Lippo Group announces Hadi Wenas as MatahariMall’s CEO. Google Indonesia’s former country director Rudy Ramawy joins Lippo Digital Ventures as managing director...
Between Dianping itself and a couple of other investments, Tencent has China’s growing food delivery sector on lockdown.
Blisby has seen some incredible traction in past months, and so getting a stellar line-up of investors onboard was a piece of cake.
Wowo, also known as 55tuan, has finally achieved its US IPO dreams. NASDAQ:WOWO, look it up.
Kuaile Shidai, which runs Qufenqi, has secured almost US$100 million in series D funding led by Kunlun Worldwide, a Chinese online and mobile game publisher.