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Singapore-based e-commerce firm Qoo10 plans to acquire TMON through a stock swap deal, industry sources said Thursday. TMON’s two major shareholders — Anchor Equity Partners and Kohlberg Kravis Roberts & Co. — have agreed on the stock swap deal with Qoo10,…
Japanese beauty brand Utena has launched in Singapore. The 91-year-old heritage brand, which is currently distributed throughout Greater China and Thailand, is now available at selected Watsons stores, Yue Hwa, Welcia-BHG, Tokyu Hands, Don Don Donki, Metro…
US-headquartered eBay has bought out its partners in the Japanese e-commerce business Qoo10. According to regulatory filings seen by US media, eBay has paid US$306 million in cash for Qoo10’s Singapore-headquartered parent Giosis and relinquished its existing…
Korean retailer E-Mart starts selling products from 16 Korean SME companies in Singapore yesterday. The move is a part of E-Mart’s plan to take Korean brands into new markets, starting with the winners of the giant retailer’s SME-support project. The products…
It may be one of the earliest players in Singapore’s e-commerce market, but Qoo10 seems to have lost some of its shine in recent years as more high-profile names such as Lazada, RedMart, Amazon, and Carousell hog the headlines.t Still, the e-commerce site has…
Singapore e-commerce platform Qoo10 has stepped up its measures against counterfeit items. As well as internal systemic protocols to check and deter the sale of counterfeit items, it has a red-flag system for its security team. “Where a listing is flagged for…
Visitors to e-commerce site Qoo10 ballooned 70 per cent to hit an average of 14.4 million in last year’s fourth quarter, according to Malaysian online aggregator iPrice. Qoo10 has about 3 million registered members and offers products ranging from women’s…
Asia’s e-commerce platform, Qoo10, has launched a GPS-enabled mobile game called MameGo! in Singapore. The game, which was developed by Qoo10, is available on Qoo10’s online marketplace as well as its Qoo10 and Live10 mobile apps. Nearly similar to Pokemon…
The ASEAN region (The Association of Southeast Asian Nations) is emerging as one of the most promising e-commerce markets in the world to replace the saturated Chinese market. Following the establishment of the ASEAN Economic Community (AEC) at the end of…
Singapore-based Giosis, the parent company of Pan-Asian eCommerce platform Qoo10, has raised US$82.1 million in new funding led by Singapore Press Holdings. Other investors in the mix included eBay, Saban Capital Group, UVM 2 Venture Investments LP, Brookside…
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