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Topic

#funding

Every story tagged #funding on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

38 stories in this topic

Flash Coffee
Food
2 min read

Flash Coffee Raises $3M to Propel Indonesian Expansion Efforts

Flash Coffee Secures $3 Million in Funding to Accelerate Expansion in Indonesia Investment Fuels Ambitious Growth Strategy Flash Coffee has successfully raised $3 million in a recent funding round, spearheaded by TA Ventures and supported by White Star…

Spenmo
Finance
1 min read

B2B Payments Firm Spenmo Receives Funding for Regional Build-Out

The Singapore-based startup has secured one of the largest Series A funding rounds to date in the country, which will allow it to expand in Southeast Asia. Spenmo has announced a $34 million raise in a Series A investment round led by New York-based private…

Vitable
Living
2 min read

Vitamin subscription service Vitable raises $5.5m venture funding

Australian vitamin retailing disruptor Vitable has secured $5.5 million in a series A funding round, drawing interest from a raft of recognized investors including Germany’s Rocket Internet, parent of Global Fashion Group and Hello Fresh, among others.…

BigPayCard Supplied 1536x864
Startups
1 min read

E-payment startup Gpay bags funding from South Korean investor

Vietnamese e-wallet provider Gpay has received an undisclosed amount in Series A funding from South Korean listed bank KB Financial Group. The Series A round values the digital payment business at VND425 billion ($18.46 million), and the fresh funds will be…

Startup
Startups
1 min read

Chinese Startup Fundraising Plunges

The ongoing coronavirus outbreak has caused capital flows into mainland China’s startups to plunge 60 percent year-to-date. Year-to-date, Chinese startup fundraising registered $1.79 billion from a 6-year low of 168 deals – a major plunge from last year’s…

Cute Baby Girls
Startups
1 min read

Chinese baby products website Beidian gets Funding

Chinese maternal and child-care social-shopping site Beidian has attracted RMB860 million (US$126 million) in funding from leading investment firms. Hillhouse, Xiang He and Sequoia Capital are among the high-profile funders backing the social commerce…

Grain
Food
1 min read

Online food store Grain Expanding Rapidly

Singapore-based online food store Grain has raised US$10 million in series B funding. The cash will be used to accelerate growth in Singapore, and expand into Thailand. To do that, the company will be cooperating with Thailand’s Boonrawd Brewery group’s…

ShopBack Malaysia image 1
Startups
1 min read

ShopBack Secures Fresh New Funding

Rewards program ShopBack has secured a further US$45 million in its latest funding round. Joining the shareholders’ register are newcomers including Japanese e-commerce giant Rakuten, EV Growth, and EDBI, a Singapore government-linked strategic investor. Amit…

libarary book
Living
1 min read

SoftBank Ventures invests in Trevari, a Korean book club

SoftBank Ventures announced Tuesday it invested 4.5 billion won ($4 million) in Trevari, a Korean book club operator. Fast Investment, another venture capitalist firm, invested an additional 500 million won in Trevari’s first publicly-announced funding round.…

ecommerce fashion
E-Tailing
1 min read

E-commerce firm Zilingo bags US$226m in funding

Singapore online fashion market Zilingo has achieved capital investment of $226 million in a Series D funding round. The investments were made by the firm’s existing backers, including Sequoia Capital, as well as newcomers Temasek Holdings and EDBI, and will…