The investment will go towards strengthening its position as category leader in Malaysia, and expanding to two other countries in Southeast Asia.
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.
Well-funded ecommerce companies in India are going beyond adding new categories, products, and sellers, by taking the acquisition route to get ahead in the race...
Here’s the weirdest China ecommerce news so far this year – and possibly all year: Amazon just opened up a store on Alibaba’s marketplace, Tmall.
Lamabang, a Chinese social network and ecommerce company for mothers and soon-to-be mothers, announced today it completed a US$100M series C round of funding.
College kids are lazy, and if they can order something remotely, they will. Zhai.me hopes to take advantage of that.
JD, China's second-biggest ecommerce company after Alibaba, today announced its fourth quarter 2014 earnings report.
Daniel Tumiwa has had a colorful career, moving from Multiply to Garuda’s digital business division and idEA. In April, he will become CEO of OLX Indonesia.
2 years after pitching on reality TV show, this Malaysian ecommerce startup pockets series A funding
A finalist on Malaysian startup pitching TV show 'Make The Pitch' in 2012, fashion ecommerce store FashionValet has now secured series A funding.
China’s Cheyipai, a secondhand car trading and ecommerce platform, announced yesterday that it has completed a US$110 million series D round. The round was led ...
The company claims to work as a courier provider for over 300 merchants in Singapore including as Lazada, Guardian, Pupsik Studio, and Love Bonito.
Where should China's charitable giving go? Is enough of it coming back to China? Is Jack Ma taking his money overseas? In a new blog post, Ma fires back at crit...
Grofers riders zip around on two-wheelers picking up goods from local retailers and delivering them to customers, while the app tracks orders.
The telco-backed marketplace is approaching its one-year anniversary, and CEO James Lee lets the public in on how much has been invested to date.
This bro-sis duo returned to India to bring ecommerce to industrial buyers, and they just raised $2M
From hydraulic grinders to boring bars, industries large and small can get their supplies online on IndustryBuying.com, instead of doing the rounds of wholesale...
Indonesia’s big conglomerate Lippo Group just launched its ecommerce site MatahariMall. It invested $500M and hopes to become the archipelago’s Alibaba.
A summarized report on Southeast Asia’s growing ecommerce industry. Here are the five things that need to be optimized before we’ll see exponential growth.
Consumers in Thailand are using Instagram stores to discover products and then discuss the sale via Line.
Chinese nails and makeup app Helijia has just announced it has raised $50M in additional funding.
More disposable income is increasing the demand for luxury products in India, but access to luxury brands is limited. Snapdeal wants to change that equation.
Wooplr lets users discover fashion and food products they like, find what’s trending around them through photographs, and recommend those to their friends and t...