Southeast Asia

  • Southeast Asia’s aCommerce lands $65M led by KKR-backed Emerald Media

    Southeast Asia’s aCommerce lands $65M led by KKR-backed Emerald Media

    Southeast Asia-based aCommerce, a startup that helps brands get into e-commerce and digital media in the fast-growing region, has pulled in $65 million in new funding led by Emerald Media, an Asian firm backed by global investor KKR. The Series B deal takes Bangkok-based aCommerce to $94 million raised to date. Existing backers Blue Sky, MDI Ventures and Switzerland-based DKSH also took… Read More

  • Get your tickets for the TechCrunch Meetup in Singapore on November 23!

    Get your tickets for the TechCrunch Meetup in Singapore on November 23!

    Last week we announced our upcoming Meetup in Singapore on November 23, and now here comes the all-important ticket information. Head to this link HERE and fill out your details to apply for one. Admission is free but unfortunately we can’t guarantee that everyone who requests a ticket will get one. That’s because we are limited on space, but we do plan to release videos of the… Read More

  • Announcing the TechCrunch Meetup in Singapore on November 23

    Announcing the TechCrunch Meetup in Singapore on November 23

    Here at TechCrunch we serve a global audience which is why we’ve held casual meetup events across many different parts of the world. Now we’re excited to add a new region to that list: Southeast Asia. As someone who has watched the region’s startup ecosystem grow in recent years, I’m delighted to announce that we’re teaming up with Google and VC firm SeedPlus to… Read More

  • ShopBack raises $25M for its cash back shopping service in Southeast Asia

    ShopBack raises $25M for its cash back shopping service in Southeast Asia

    One of Southeast Asia’s lesser-known startups has come out from under the radar today after ShopBack, a cash back-focused e-commerce service, announced it has raised $25 million. Founded in 2014, the Singapore-based startup helps users shop ‘smarter’ using a selection of curated deals and cash back offers through partner merchants across six countries in Southeast Asia… Read More

  • Kaodim raises $7M for its home services platform in Southeast Asia

    Kaodim raises $7M for its home services platform in Southeast Asia

    There’s more funding for Southeast Asia’s growing local services space after Kaodim, a Malaysia-based startup that operates in four countries in the region, raised $7 million. Founded three years ago, Kaodim is a service for booking for hiring a range of services that include cleaning, moving, appliance care, and even photography. The round was led by Square Peg Capital, a… Read More

  • Grab, the Uber rival in Southeast Asia, is now officially also a digital payments company

    Grab, the Uber rival in Southeast Asia, is now officially also a digital payments company

    Grab is best known for rivaling Uber in Southeast Asia, but today the company took a major step into becoming a fintech player, too. That’s because the ride-sharing firm, which recently raised $2 billion from SoftBank and China’s Didi Chuxing, rolled out support for its GrabPay service among third-party merchants for the first time today. Grab is present in seven markets across… Read More

  • China’s JD.com leads $19M investment in Southeast Asian online fashion brand Pomelo

    China’s JD.com leads $19M investment in Southeast Asian online fashion brand Pomelo

    This year has seen unprecedented interest in Southeast Asia’s startups from Chinese tech firms, and today we can add another deal to the pile. JD.com, the close rival to Alibaba, has led a $19 million investment in Bangkok-headquartered online fashion brand Pomelo. The deal, which is the largest Series B for a Thai startup to date, is co-led by Indonesia’s Provident Capital… Read More

  • Southeast Asian e-commerce startup Carousell closes $70-$80M Series C round

    Southeast Asian e-commerce startup Carousell closes $70-$80M Series C round

    Singapore-based startup Carousell is in the money this week after it closed a Series C round of between $70-$80 million, two sources with knowledge of the deal told TechCrunch. Started by three graduates from the National University of Singapore in 2012, Carousell operates a mobile-first listings service for second-hand goods and services in Southeast Asia, Taiwan and Hong Kong. Prior to this… Read More

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