fashion ecommerce
Turn Capital buys Taiwan fashion ecommerce platform FRND
FRND operates seven influencer-led brands with a combined social media following of over 1.2 million.
Myntra debuts 30-minute fashion delivery in Bengaluru
The company plans to expand the service to other cities like Mumbai, Delhi, and Pune soon.
Thai fashion firm Pomelo hit 34% revenue jump in 2022, trimmed losses
Its revenue amounted to US$38 million, while its losses narrowed by 5% to US$31.9 million in 2022.
Shein to invest $85m to ’empower’ global fashion community
Part of the new funding will be used to support its manufacturing suppliers in Brazil, China, and Turkey.
Will Zilingo accept an 11th-hour buyout offer to survive?
We analyze a buyout offer from the embattled Singapore startup’s founders and a Microsoft-backed firm’s expansion into the Middle East.
Zilingo ousts CEO Ankiti Bose
The fashion ecommerce firm added that it’s now assessing its next steps with the aid of a third-party financial adviser.
Why TikTok Shop could be Shopee’s worthy competitor
In The Checkout this week, we analyze TikTok Shop’s impact on SEA’s ecommerce scene and spotlight Zilingo following its CEO’s suspension.
Zilingo reportedly suspends CEO amid probe into financials
The development comes as the Singapore firm’s fundraising efforts drew potential investors to probe into the company’s financials, Bloomberg reported.
Gobi backs sneaker, apparel ecommerce firm’s $6m raise
Kicks Crew said its gross merchandise value grew 15x year-over-year in FY 2021.
TikTok’s rumored Shein competitor shuts down
Dmonstudio said it will still provide after-sale services to users that have made purchases on the platform.



