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 gradua

Alibaba leads $1.1B investment in Indonesia-based e-commerce firm Tokopedia

Alibaba has continued its push into Southeast Asia after it led a $1.1 billion investment in Tokopedia, an e-commerce firm based in Indonesia. A valuation for the deal was not announced, but the compa

Amazon prepares to enter Southeast Asia via Singapore launch

Amazon is continuing its international expansion push with the launch of its services in Singapore coming imminently. The arrival could happen as soon as this week, according to a source with knowledg

Alibaba and Tencent are carving up Southeast Asia’s startup ecosystem

Two global tech forces are putting their mark — and money — into Southeast Asia’s nascent startup ecosystem, but they may not be the Western names that you expect. Rather than Googl

Indonesian Marketplace Tokopedia Raises $100M From SoftBank and Sequoia

Tokopedia, an online marketplace in Indonesia, has raised an impressive $100 million round led by SoftBank Internet and Media (SIMI), with participation from Sequoia Capital and returning investor SB