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…
Chinese e-commerce startup Pinduoduo is seeking US$1 billion in a US IPO, going head to head with industry giants such as Alibaba. The company’s business model, in which users recruit friends via social media to enjoy group-discount offers direct from…
A 24-hour Chinese convenience-store chain has closed a US$10 million series pre-A funding round led by Sequoia Capital China. The chain, Bianli24, is a 2017 startup known for its self-service vending machines which shop owners can use to automate sales of…