Malaysia-based iPrice, a site that aggregates a multitude of ecommerce sites in Southeast Asia into a single shopping destination, raises funds from Asia Venture Group for expansion.
It got Brazilian supermodel Alessandra Ambrosia onboard as part of a contract with Rocket Internet-backed ecommerce company Dafiti. Its next step: replicating this method in Asia.
Rocket Internet’s Amazon-esque Lazada saw more than US$350 million in consumer purchases in 2014.
Lazada Group’s CEO Maximilian Bittner gives a statement about the future of both ecommerce sites.
2014 is the year where Southeast Asia proved itself to be a worthy challenger to Silicon Valley, and people are beginning to take notice of it.
The company claims to work as a courier provider for over 300 merchants in Singapore including as Lazada, Guardian, Pupsik Studio, and Love Bonito.
With so much money going into the local tech scene, one wonders which Singapore-based internet companies are the grand winners in the race to get funded.
11street boasts an annual gross merchandise value - which is the total number of transactions made in a year - of US$6 billion.
The team plans to expand into Indonesia and Philippines next, as well as grow the number of categories that they have.
If you’re a foreigner thinking about setting up shop in Indonesia as an ecommerce business, here’s everything you need to know about the local landscape.
Myanmar now has an ecommerce marketplace. A Rocket Internet executive explains why the German startup dynamo wants to be "the Amazon of frontier markets."
The Amazon-esque site now joins the unicorn club, with its value standing at EUR 1 billion (US$1.25 billion).
In Asia, Rocket Internet’s data shows strong growth on sites like Lazada and Foodpanda – albeit from relatively tiny base figures.
Tech in Asia was monitoring the sales of Xiaomi’s Redmi Note on Lazada Indonesia today, and clocked the sell-out at just under four minutes. Moments later, however, Xiaomi’s VP of international Hugo B...
VinEcom is a US$50 million project under the auspices of Vingroup, Vietnam’s top real estate company. Vietnam's richest billionaire, Pham Nhat Vuong, is leading this project to become the biggest ecom...
Coupled with the recent security breach at M1, corporations and governmental organizations aren't being very reassuring when it comes to guarding our digital lives.
Rocket Internet – which runs major web services and estores such as EasyTaxi, Foodpanda, and Lazada – intends to proceed with an IPO on the Frankfurt Stock Exchange this year.