Tagged: ecommerce

JD.com, Central Group & Provident Capital Agree to $500M Joint Venture on Fintech & Ecommerce

JD.com, (NASDAQ:JD), China’s largest retailer, and JD Finance, along with Thailand’s largest retail conglomerate Central Group, and Provident Capital have announced an investment of up to $500 million to establish two joint ventures in Thailand covering e-commerce and fintech services, respectively. According to company representatives, the terms of the agreement indicate… Read More

NextTech Aims To Be Vietnam’s Alibaba

E-commerce company NextTech, which is based out of Hanoi, Vietnam, is aiming to become its country’s version of Alibaba. Alibaba, of course, is China’s e-commerce and technology (including Fintech) juggernaut that helped the country surpass the US in mobile payments by more than 50 times. Can… Read More

Seedrs Success Poq Raises €3.6M During Series A Funding Round

Seedrs success and cloud platform, Poq, announced this week it has secured €3.6 million during a Series A funding round, which was led by Beringea with participation from seed investors Seedcamp and Venrex. The London-based  company, which raised £332,390 through the equity crowdfunding platform in 2014, is a commerce platform for retail apps… Read More

Brief: Payment Service Provider PayU Analyzes ECommerce & Fintech Potential in Emerging Countries

On Tuesday, payment service provider, PayU, announced it conducted an analysis on ecommerce customs and fintech potential in Latin America, Central/Eastern Europe, India, and Africa at Money20/20 Europe. Findings that are featured in PayU’s report included: High growth of ecommerce in Africa. More than 65%… Read More

Online Menswear Retailer The Idle Man Quickly Raises £500,000 Equity Crowdfunding

Menswear retailer The Idle Man quickly jumped out of the gate topping £500,000 in just two days of equity crowdfunding on Crowdcube.  The funding round benefited from a single private equity group that committed £449,990.  The balance was invested by 73 individual investors.  New investors… Read More

Enclothed Gets Dragons Den Boost. Doubles £400K Equity Crowdfunding Goal

Enclothed, a bespoke shopping service that just closed its equity crowdfunding round on Crowdcube, raised £800,000 from 378 investors following a popular pitch on Dragons Den. The company initially intended on raising £400,000 but investor demand propelled the offer into overfunding boosted by the visit… Read More

Filling Empty Seats: Dealflicks Crowdfunds on AngelList and Wefunder

In its concurrent fourth tranche of funding in past two years, Dealflicks has raised $750,000, with roughly $150,000 of it coming from Wefunder so far, bringing their total raise for their cumulative seed round up to $1,545,000. In past tranches, Dealflicks raised $115K in September… Read More

Update: SHAREIGHT Surpasses £600,000 on Seedrs

We reported yesterday that SHAREIGHT, crowdfunding on equity site Seedrs, had achieved new records for speed of amount raised and total about crowdfunded.  We just received an update on their progress and SHAREIGHT now stands over £620,000 (over $1.035 million) having hit £600K in just… Read More

Celery Nabs $2M Round To Help Crowdfunders Transition To Pre-Commerce

When we first reported on payment startup Celery, the company had just come out of Y Combinator (by proxy via Airbrite) to launch a payment solution for crowdfunding project creators who had already closed a crowdfunding round. We did an in-depth interview with Chris Tsai… Read More

Crowdfunding Stakeholders Should Be Paying Close Attention To This Twitter Deal

Remember Amex Sync? Back in 2012, American Express launched the program as a joint effort with Twitter. It offered Twitter users discounts on products for tweeting certain hashtags. The possibility of Twitter entering the e-commerce game has been the subject of a lot of prognostication… Read More

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